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INDIA BUSINESS WORLD - March 1st - March 15th - 2008
The Month that was ...
News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.
NEW DEVELOPMENTS AND JOINT VENTURES
IT SERVICES MAJOR IN MULTI-MN EURO TIE WITH NOKIA-SIEMENS Networking major Nokia Siemens Networks (NSN) has signed a multi-million euro agreement with Tata Consultancy Services (TCS) to transfer its product engineering and R&D services .... More....
GTC BOARD OKAYS DEMERGER OF REALTY BUSINESS Cigarette manufacturer GTC Industries' board of directors has granted in-principle approval to demerge the tobacco and the real estate businesses into two separate entities. The demerged entities would be listed separately on the stock exchanges in India.......More....
ADVANTA ACQUIRES US COMPANY FOR $10.5 MILLION India's multinational seed company Advanta India has acquired Texasbased Garrison & Townsend, LP, (GT) Hereford, for $10.5 million. Announcing this to the BSE, an official communiqui from the company stated that GT has...... More....
MITSUI PICKS UP 30% STAKE IN YAMAHA INDIA FOR RS 168 CR MITSUI Corporation is picking 30% stake in Japanese two-wheeler maker Yamaha Motor's India business for Rs 168 crore..... More....
COGNIZANT IN DEAL WITH T-SYSTEMS, TAKES OVER T-SYSTEMS' INDIA OPS COGNIZANT Technology Solutions has taken over the operations TSystems India and its 1,150 employees as part of a system integration alliance with the company's parent, Deutsche Telekom...... More....
TATA COMMUNICATIONS TIES UP WITH US FIRM FOR NET VIDEO Leading telecom services provider Tata Communications Ltd (TCL) has tied up with US-based content provider BitGravity to provide high-quality video over the Internet....More....
IDFC TO BUY STANCHART MF FOR $205-MN Infrastructure Development Finance Corporation (IDFC) is set to buy the mutual fund business of Stan-Chart for $205 million or Rs 830 crore..... More....
MICRO TECH TIES UP WITH AIRTEL FOR MOBILE SECURITY SERVICES Micro Technologies has said that it has tied up with India's largest private cellular operator Bharti Airtel......More....
CENTRUM AND FUTURE GROUP IN STRATEGIC TIE-UP Indivision Fund, a private equity fund managed by Future Group...... More....
SUVEN LIFE TIES UP WITH ELI LILLY FOR RESEARCH Pharmaceutical firm Suven Life Sciences has said that it has signed an agreement with US-based Eli Lilly to collaborate on the pre-clinical..... More....
HEG STEEL UNIT'S MERGER WITH JAI BALAJI COMPLETED JAI Balaji Industries has completed the merger of the steel division of HEG Ltd at Chhattisgarh with itself, according to a Jai Balaji........ More....
PYRAMID SAIMIRA IN TIE-UP WITH SPIZE TV Pyramid Saimira Entertainment (PSEL), a TV content production company, has entered into a partnership with UK-based Spize TV.... More....
PROMETHEAN PICKS UP MINOR STAKE IN EIH PROMETHEAN India, AIM-listed investment firm, is learnt to have picked a minority stake in the Oberoi Group's listed hospitality arm EIH Ltd..... More....
VIVIN LABS TIES UP WITH US COS FOR DRUG MANUFACTURING Hyderabad-based Vivin Laboratories has tied up with US companies such as Cascade Columbia Distribution, Syndel Laboratories..... More....
INDIAN PHARMACOPOEIA LABORATORY MERGES WITH INDIAN PHARMACOPOEIA COMMISSION The Union Cabinet today gave its approval to the following proposals.... More....
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