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Help Line Law - Online Legal Solutions INDIA BUSINESS WORLD - 16th April To 30th April - 2009

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

NOKIA TIES UP WITH HCL ARM FOR DIRECT SALES : NOKIA has entered into a joint venture with HCL Infocomm to set up exclusive retail outlets that sell handsets and services directly to consumers in India....... More....

INDIA VALUE FUND (IVF) BUYS MAJORITY STAKE IN INLOGISTICS : INDIA Value Fund (IVF) has acquired a majority stake in Innovative B2B Logistic Solutions (Inlogistics), a private container trains operator, for Rs 200 crore.....More....

SINGAPORE-BASED AXIOUS INVESTMENT IS PICKING UP 3.8% STAKE IN QUIPPO TELECOM INFRASTRUCTURE LTD (QTIL) : SINGAPORE-based Axious Investment is picking up 3.8% stake in stand-alone tower company Quippo Telecom Infrastructure Ltd (QTIL)....More....

DELHI-BASED MODI MUNDIPHARMA FLOATS JOINT VENTURE WITH BELGIAN CO TO SELL OVER-THE-COUNTER (OTC) DRUGS : DELHI-BASED Modi Mundipharma has formed a 50:50 JV with Belgium’s Omega Pharma to sell the latter’s over-the-counter (OTC) medicines in India........More....

VENTURE CAPITAL FIRM SEQUOIA CAPITAL INDIA AND SILICON VALLEY BANK BUY JOINT STAKE IN WEB-BASED ADVERTISING COMPANY IDEACTS INNOVATIONS : VENTURE capital firm Sequoia Capital India and Silicon Valley Bank have together picked up a minority stake in web-based advertising company Ideacts Innovations....More....

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