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INDIA BUSINESS WORLD - JUNE - JULY - 2007

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


AFTER CORE BANKING, PSU BANKS OPEN CALL CENTRES FOR BETTER CUSTOMER REACH: A number of public sector banks are in the middle of setting up call centres this fiscal. This follows the implementation of core banking solution.. More....

GENPACT ACQUIRES AXIS RISK CONSULTING: GENPACT, the largest BPO in the country, has announced that it has signed an agreement to acquire Axis Risk Consulting Services for an undisclosed amount. The acquisition is expected to be closed... More....

ROLTA INDIA GOES FOR INORGANIC EXPANSION: ROLTA India has chosen the inorganic way to expand its global reach. The company has announced the acquisition of Orion Technology-a Canadian company engaged in web-based... More....

SATYAM WINS $75-M GLOBAL NESTLE DEAL: NESTLE has extended its contract with Satyam Computer Services for a contract to standardise its business processes worldwide. Satyam company... More....

PERSISTENT SYSTEMS PVT LTD. ACQUIRES METRIKUS INDIA: PERSISTENT Systems Private Ltd, the over Rs 220-crore provider of outsourced software product development services, has announced its acquisition... More....

MEGASOFT IS ACQUIRING US BASED BOSTON COMMUNICATIONS GROUP FOR $65M: MEGASOFT, a product development company focused on telecom vertical, is acquiring US based Boston... More....

ZYDUS BUYS NIKKHO OF BRAZIL FOR $25 M: IN ITS second overseas acquisition this year, Ahmedabad-based Rs 1,800-crore Zydus Cadila has picked up 100% stake in Quimica e Farmaceutica Nikkho do Brasil Ltda (Nikkho),... More....

TEMASEK BUYS 4.99% IN BHARTI AIRTEL FOR $2B: IN WHAT could be India's largest private equity deal, the Singapore government's investment arm-Temasek Holdings-will indirectly acquire 4.99% stake... More....

HIMATSINGKA BUYS US CO FOR $53 M: BANGALORE-BASED textile maker Himatsingka Seide has acquired 80% stake in Divatex Home Fashions of the US for $53 million. The acquisition was... More....

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