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INDIA BUSINESS WORLD - APRIL 16th - MAY 10th - 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
BCCL ACQUIRES STAKE IN BROADLLYNE TECHNOLOGIES : Bennett, Coleman & Company (BCCL) has acquired a stake in Broadllyne Technologies Limited, a company.......... More....
BIRLA WELLNESS FORMS JV WITH PACIFIC HEALTHCARE : Yash Birla Group’s health and wellness firm Birla Wellness has formed a JV with Singapore-based Pacific Healthcare Holdings to enter the domestic.......More....
DIESEL AND ARVIND MILLS SET TO CALL OFF THEIR JV UNVEILED IN MAY 2007 : One of the most high-profile joint ventures in India’s fashion space is on the rocks. Italian denim fashion icon Renzo Rosso’s Diesel SpA...... More....
RCOM BUYS UK WIMAX OPERATOR EWAVE WORLD : Reliance Communications (RCom) has acquired UK-based eWave World, which offers wireless telephony services....... More....
KOTAK TO INVEST RS 200 CR IN DRS WAREHOUSE JV : KOTAK Realty Fund is looking to invest close to Rs 200 crore in setting up a joint venture (JV) company with DRS Group, a third-party logistics company based in New Delhi. The new entity, DRS Warehousing Corporation (South), will build and operate around six warehouses in the southern region of India.... More....
ROLEX RINGS TO BUY LATAM COMPANY FOR RS 150 CRORE : RAJKOT-based Rolex Rings (RRPL), a major forged and rolled rings supplier to leading global brands such as FAG Bearing and SKF Bearings, is all set to buy a Latin American forging company for Rs 150 crore.......More....
UTI AMC PICKS UP 10% STAKE IN INVEST INDIA MICRO PENSION SERVICES PVT LTD (IIMPS) : UTI AMC has picked up 10% equity in Delhi based Invest India Micro Pension Services Pvt Ltd (IIMPS), as part of a strategic partnership aimed at providing retirement benefits to low-income workforce in India and other countries in the SAARC region......... More....
WORLD’S LARGEST CABLEMAKER NEXANS FORMS JV WITH INDIA’S POLYCARB WIRES TO MAKE RUBBER CABLES : The World’s largest cablemaker, France-based Nexans, has formed a joint venture with Polycab Wires, a growing domestic cable manufacturer, to make rubber cables.....More....
TRICOM BUYS OUT GODREJ GLOBAL SOLUTIONS FOR RS 20 CR : Godrej Global Solutions (GGS), a subsidiary of Godrej Industries, has been acquired by third-party BPO service provider Tricom Solutions. The deal is valued at Rs 19.63 crore ...... More....
HCL INFOSYSTEMS BUYS JAIPUR BASED FIRM NATURAL TECHNOLOGIES (NTPL) FOR RS 8.39 CRORE : In its first acquisition in nine years, hardware firm HCL Infosystems has acquired Jaipur-based niche banking software product firm Natural Technologies (NTPL) for Rs 8.39 crore......... More....
JSW GROUP FORMS $250-M JV WITH TOSHIBA TO MAKE TURBINES : JSW Group has entered into an agreement with Japan’s Toshiba Corporation to form a $250 million joint venture (JV) company........... More....
SAMTEL, THALES IN JV TO MAKE COCKPIT HELMETS : Samtel Electronics, Delhibased electronic display maker, has entered into a joint venture agreement with European defence and aerospace company Thales to manufacture highly-sophisticated cockpit helmet mounted displays and other avionics for fighter aircraft......More....
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