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INDIA BUSINESS WORLD - APRIL 1st - APRIL 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
HERO GROUP-ULTRA DEAL CALLED OFF, COMPANIES WIND UP BOTH TECHNICAL & MARKETING DEALS WITHIN A YEAR OF OPERATIONS:The proposed joint venture between Hero Group and UK’s electric vehicle (EV) firm Ultra Motor for electric two-wheelers is off.... More....
ROYAL ORCHID PICKS UP 50% STAKE IN GOA HOTEL:Royal Orchid Hotels has announced that it has acquired a 50% stake in Galaxy Beach Resort located at Utorda beach in South Goa.......More....
ARCELORMITTAL BUYS 50% STAKE IN GONVARRI BRASIL:ArcelorMittal, the world’s largest steelmaker, has said it bought a 50% stake in Gonvarri Brasil...... More....
JINDAL DRILLING TAKES 49% IN SINGAPORE COMPANY:Jindal Drilling and Industries, an arm of DP Jindal group, has said it has acquired 49% stake in Singapore-based Virtue Drilling Pte ..... More....
RAMBOLL TELECOM, DANISH FUND ACQUIRE 78% IN IMISOFTDenmark’s Ramboll Telecom, the world No. 2 telecom engineering design firm, has acquired 60% stake in IMIsoft..... More....
CITI VENTURE, AIG CALL OFF AKRUTI CITY DEAL Adverse market conditions have affected another major real estate transaction in the country ....More....
DOMESTIC JV TO POWER BHEL OVERSEAS BUYSPublic sector equipment major Bhel is considering a joint venture for overseas acquisitions. The PSU is talking to ONGC, Reliance Industries, Reliance Energy....... More....
BCCL INKS STRATEGIC TIE-UP WITH WASSERSTEIN INDIABennett Coleman & Co. Ltd (BCCL), the publisher of The Economic Times and The Times Of India, has entered into a strategic tie-up with Wasserstein India .....More....
WNS ACQUIRES UK FIRM CALL 24/7 FOR $16 M WNS (Holdings) has acquired Call 24/7, one of its key competitors in the auto insuranceclaims processing business in the UK in an all ...... More....
VIDEOCON, INDIABULLS & JSW STRIKE $2-B COAL DEAL IN AFRICA : In what could be one of the largest energy hunts in the overseas market, three Indian companies—Videocon, Indiabulls and JSW Steel...... More....
JWT TIES UP WITH ADK TO WOO JAPANESE CLIENTS J WALTER Thompson (JWT) India, the largest Indian WPP advertising agency, has partnered with ADK, the third largest advertising agency in Japan to form a 50:50 JV company in India........ More....
BCCL ACQUIRES STAKE IN CHENNAI-BASED NOUVEAU DIETETIQUE Bennett, Coleman & Co. Ltd (BCCL), the publishers of The Economic Times and the Times of India, has acquired a stake in the Chennai-based Nouveau Dietetique.....More....
RANBAXY INKS RESEARCH AGREEMENT WITH DBT Ranbaxy Laboratories has entered into a collaborative research agreement with the department of biotechnology (DBT) for New Drug Discovery Research .......More....
R-ADAG BUYS DTS DIGITAL IMAGES Reliance Big Entertainment, the flagship entertainment company of the Reliance Anil Dhirubhai Ambani Group..... More....
IT-ITES SEES 23 M&AS AT $287 M IN JAN-MARCH 2008, DECLINE IN CROSS-BORDER DEALS The IT-ITeS sector wait-and-watch mode to ascertain the impact of the US subprime ...... More....
MAHYCO SIGNS DEAL WITH ARCADIA FOR SHARING SAFE CROP TECHNOLOGY Maharashtra Hybrid Seed Company Ltd (Mahyco), one of the largest seed companies in India, has signed an agreement with the California-based leading agricultural technology developer ...... More....
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