acquisitions

Chidambaram helping MNCs, says CPI-M


August 7th, 2012 - 2:53 pm ICT by IANS
New Delhi, Aug 7 (IANS) The CPI-M Tuesday accused Finance Minister P. Chidambaram of helping multinationals to escape tax on assets acquired in India and also foreign and Indian ... Read more...

Posted in Politics |

Dhunseri acquires tea estates in Africa


July 28th, 2012 - 7:38 pm ICT by IANS
Kolkata, July 28 (IANS) Kolkata-based Dhunseri Petrochem & Tea Limited (DPTL) has acquired tea estates in the southeastern African country of Malawi, the company said in a regulatory filing.The company ... Read more...

Posted in Business |

Ma Foi acquires Axis-V e-learning company


July 26th, 2012 - 12:43 am ICT by IANS
Chennai, July 25 (IANS) City-based Ma Foi Strategic Consultants operating in the field of strategic consulting, market research and management education ventured into e-learning domain by acquiring 51 percent stake ... Read more...

Posted in Business |

Zenit mulling Arshavin bid: Coach


July 20th, 2012 - 9:02 pm ICT by IANS
Moscow, July 20 (IANS/RIA Novosti) Zenit St. Petersburg are considering a bid to bring Arsenal midfielder Andrei Arshavin back to his old football club, coach Luciano Spalletti said Friday.Arshavin ... Read more...

Posted in Sports |

Accord Group to acquire hotels within, outside India


May 29th, 2012 - 12:33 pm ICT by IANS
Chennai, May 29 (IANS) City-based Accord Group is hoping for eight hotels under its belt following a three-pronged strategy of acquisitions within and outside India, building new facilities and running ... Read more...

Posted in Business |

Apple to drop Google Maps from upcoming mobile platform


May 12th, 2012 - 2:52 pm ICT by IANS
San Francisco, May 12 (IANS) Apple will drop Google Maps from its upcoming mobile platform iOS 6 in favour of its own mapping system, it was reported Friday.The application design ... Read more...

Posted in World |

TVS Logistics gets $53 million equity funding


April 19th, 2012 - 6:19 pm ICT by IANS
Chennai, April 19 (IANS) Logistics major TVS Logistics Services Ltd Thursday announced that an agreement with an affiliate of Kohlberg Kravis Roberts & Co LP (KKR) and Goldman Sachs has ... Read more...

Posted in Business |

Marico eyes acquisitions up to Rs.1,000 crore


January 17th, 2012 - 6:58 pm ICT by IANS
New Delhi, Jan 17 (IANS) Indian personal consumer goods company Marico is eyeing acquisitions worth up to Rs.1,000 crore ($200 million) across the globe to sustain a healthy growth rate."We ... Read more...

Posted in Business |

Zydus Cadila buys out Biochem


December 21st, 2011 - 7:44 pm ICT by IANS
Ahmedabad, Dec 21 (IANS) Pharmaceutical major Zydus Cadila Wednesday said it has bought out the Mumbai-based Biochem to boost its formulations business.Biochem has major presence in antibiotics, cardiovascular, anti-diabetic and ... Read more...

Posted in Business |

Location-sharing startup joins Facebook


December 6th, 2011 - 2:39 pm ICT by IANS
San Francisco, Dec 6 (IANS) Facebook and location-sharing startup Gowalla announced Monday that Gowalla's founders as well as several team members will join Facebook and move to the social ... Read more...

Posted in Sci-Tech |

Goose announces three new customers for tracker solution


November 29th, 2011 - 6:57 pm ICT by IANS
Hyderabad, Nov 29 (IANS) Hyderabad-based Goose, a business re-engineering software product and solutions provider, Tuesday announced three new customers for its Goose Tracker.Pharma major Strides Arcolab, Indoco Remedies and Macleods ... Read more...

Posted in Business |

IAF to stage exercise in Gujarat, Rajasthan


November 9th, 2011 - 11:11 pm ICT by IANS
New Delhi, Nov 9 (IANS) The Indian Air Force (IAF) will Nov 20-Dec 13 conduct an aerial exercise spanning Gujarat and Rajasthan "to validate and test new concepts in order ... Read more...

Posted in Uncategorized |

Coal India eyes further acquisition in Mozambique


September 20th, 2011 - 10:50 pm ICT by IANS
Kolkata, Sep 20 (IANS) State-run Coal India Ltd. (CIL) is eyeing further acquisitions in Mozambique, an official said Tuesday."Initiatives have been taken to operationalise Coal India Africana Limitada (CIAL) to ... Read more...

Posted in Health |

Engineering consultancy Meinhardt to invest Rs.100 crore in India


September 18th, 2011 - 6:46 pm ICT by IANS
New Delhi, Sep 18 (IANS) Singapore-headquartered Meinhardt Group, an engineering consultancy services firm, Sunday said it plans to invest Rs.100 crore within a year in expanding its Indian operations."We have ... Read more...

Posted in Business |

Ashok Leyland prices Dost LCV at Rs.379,000


September 13th, 2011 - 12:15 am ICT by IANS
Chennai, Sep 12 (IANS) Commercial vehicle major Ashok Leyland will launch more products made by its joint venture with Nissan Motor Company over the next two years, said an ... Read more...

Posted in Business |

Pidilite eyeing acquisitions in India, abroad


September 9th, 2011 - 10:06 pm ICT by IANS
Kolkata, Sep 9 (IANS) Pidilite Industries Ltd. is eyeing acquisitions both in India and abroad and planning to expand its overseas business, a top company executive said Friday. "We have ... Read more...

Posted in Business |

TVS Logistics to assemble gensets for Ashok Leyland


August 22nd, 2011 - 9:51 pm ICT by IANS
Chennai, Aug 22 (IANS) Logistics company TVS Logistics Services Ltd Monday signalled its entry into the assembling of gensets with a deal with Ashok Leyland Ltd at an outlay of ... Read more...

Posted in Business |

Mahindra, Eurocopter ink product development deal


July 26th, 2011 - 9:45 pm ICT by IANS
New Delhi, July 26 (IANS) Indian conglomerate Mahindra Group's subsidiaries Mahindra Aerospace and Mahindra Satyam Tuesday entered into an agreement with international helicopter manufacturer Eurocopter for the joint design and ... Read more...

Posted in Business |

Pricol Travel plans two acquisitions


June 27th, 2011 - 5:31 pm ICT by IANS
Hyderabad, June 27 (IANS) Pricol Travel, part of the Coimbatore-based Rs.1,500-crore Pricol Group, is looking at acquiring two companies and hopes for a three-fold increase in its turnover.Vikram Mohan, Director, ... Read more...

Posted in Business |

mjunction eyes e-transactions of Rs.50,000 crore by FY13


June 9th, 2011 - 7:56 pm ICT by IANS
Kolkata, June 9 (IANS) India's largest e-commerce company mjunction Services Limited is eyeing a total transaction value of Rs.50,000 crore by FY13, a top company official said Thursday."The value of ... Read more...

Posted in Business |

Chidambaram for regular meetings of Indian, US security officials


May 27th, 2011 - 5:29 pm ICT by IANS
New Delhi, May 27 (IANS) Home Minister P. Chidambaram Friday proposed meetings of top Indian and US security officials every six months to step up counter-terrorism ties between the ... Read more...

Posted in Uncategorized |

Ruia Group to acquire two European firms


May 11th, 2011 - 10:32 pm ICT by IANS
Kolkata, May 11 (IANS) Kolkata-based Ruia Group Wednesday announced it has entered into binding agreements to acquire two automotive sealing systems manufacturing companies in Europe.The companies include Turkey-based Standard Profil ... Read more...

Posted in Uncategorized |

Jaldhara Technologies eyes acquisitions in Tamil Nadu


April 29th, 2011 - 5:22 pm ICT by IANS
Chennai, April 29 (IANS) Mumbai-based waste water treatment and recycling equipment firm Jaldhara Technologies is looking for acquisitions in south India, mainly Tamil Nadu, to bid for government orders while ... Read more...

Posted in Business |

Goodricke looking to buy tea gardens in Africa


April 12th, 2011 - 8:01 pm ICT by IANS
Kolkata, April 12 (IANS) Goodricke Group Ltd is looking to acquire tea gardens in African countries, a top company executive said Tuesday."Apart from domestic acquisitions, the company is also looking ... Read more...

Posted in Uncategorized |

SBI will accelerate foreign expansion: New chief


April 8th, 2011 - 9:56 pm ICT by IANS
Mumbai, April 8 (IANS) State Bank of India (SBI), the country's largest lender, will open new overseas branches and is looking for right opportunities for acquisitions to expand global ... Read more...

Posted in Uncategorized |

Indian companies create thousands of jobs in US


April 1st, 2011 - 10:48 am ICT by IANS
Washington, April 1 (IANS) Quite contrary to the general impression that India was taking away American jobs through outsourcing, Indian businesses which have invested widely in the US economy ... Read more...

Posted in Business |

Indian firms responsible for creating jobs in US


March 31st, 2011 - 4:42 pm ICT by ANI
New Delhi, Mar. 31 (ANI): A new study by the Confederation of Indian Industry, "Indian Roots, American Soil: A Look at Indian Companies in the U.S. Economy" released yesterday evening in ... Read more...

Posted in Business |

Dell to employ more people, expand India operations


March 22nd, 2011 - 4:49 pm ICT by IANS
New Delhi, March 22 (IANS) Dell Inc, the world's second largest personal computer maker, plans to increase investment and hire a few thousand more people over the next one year ... Read more...

Posted in Business |

Chelsea now eyeing to sign Real Madrid midfielder Kaka


March 6th, 2011 - 2:55 pm ICT by ANI
London, Mar 6(ANI): Chelsea is reportedly set to continue its spending spree this summer with a move for Real Madrid midfielder Kaka.According to The Independent, galvanized by the acquisitions of Fernando ... Read more...

Posted in Sports |

Amazon Kindle e-book downloads surpass paperback books in US


January 29th, 2011 - 4:42 pm ICT by ANI
Washington, Jan 28 (ANI): Amazon has claimed that it has sold more e-books for its Kindle device in the United States as compared to paperback books in the last three months of ... Read more...

Posted in World |

HCL Technologies quarterly net profit rises 12 percent


January 19th, 2011 - 3:21 pm ICT by IANS
New Delhi, Jan 19 (IANS) HCL Technologies Wednesday reported an increase of 12 percent in the net profit at Rs.285.97 crore for the quarter ended December 2010 as compared to Rs.255.44 crore ... Read more...

Posted in Business |

Army to be lethal, agile force with two-front war capability


January 14th, 2011 - 10:42 pm ICT by IANS
New Delhi, Jan 14 (IANS) The Indian Army Friday said it was going through a transformation to emerge as a "lethal, agile and networked" force capable of meeting challenges on both the ... Read more...

Posted in Uncategorized |

CG Foods to invest Rs.100 crore in India, eyes acquisitions


January 11th, 2011 - 7:25 pm ICT by IANS
New Delhi, Jan 11 (IANS) CG Foods, a unit of Singapore-based Cinnovation Group, said Tuesday it will invest Rs.100 crore in India during the next three years to expand its manufacturing capacity ... Read more...

Posted in Business |

‘Lot of acquisition’ for Fortis in 2011


January 10th, 2011 - 2:06 pm ICT by IANS
Kolkata, Jan 10 (IANS) Fortis Group's overseas arm Fortis Global Healthcare will focus on Asia, Australia and the Middle East as it eyes "a lot of acquisition" this year, its promoter Malvinder ... Read more...

Posted in Business |

Amrutanjan says promoters not exiting


December 14th, 2010 - 9:19 pm ICT by IANS
Chennai, Dec 14 (IANS) City-based pain balm maker Amrutanjan Health Care Ltd Tuesday clarified that the company promoters have no intention of diluting their holdings in the company but are instead open ... Read more...

Posted in Business |

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