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INDIA BUSINESS WORLD - OCTOBER 21st - NOVEMBER 15th
- 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
SUBHKAM CONSOLIDATES STAKE IN MSK PROJECTS TO 24.26% : Private equity player Subhkam Ventures has said it has consolidated its stake in MSK Projects More....
SHISHIR BAJAJ SELLS 1% SHAREHOLDING IN BAJAJ AUTO : Even as the Bajaj brothers slug it out in the courts, the Shishir Bajaj faction has quietly sold More....
TRIVENI TIES UP WITH GE FOR HIGH-SPEED COMPRESSORS USED IN OIL & GAS SECTOR : Triveni Engineering has struck a strategic alliance with General Electric(GE) to enter the domestic market More....
BRITISH PE FIRM & ZEUS PICK 74% IN PETROGOODS STORAGE CO FOR RS 500 CR : Global Infrastructure Partners (GIP), a UK based private equity firm backed by Credit Suisse More....
SEQUOIA PICKS UP 20% IN SAI FOR $12.5M : Private Equity (PE) firm Sequoia Capital has picked up around 20% stake in Hyderabad-based Clinical Research More....
3I INDIA PICKS RS 900CR STAKE IN ADANI POWER : 3i INDIA Infrastructure Fund GP, an investment vehicle of 3i Group, a leading global private equity More....
JSW ENERGY TIES UP WITH CHINESE COS : JSW Energy, a Sajjan Jindal group company, has tied up with Chinese electrical equipment makers More....
BCCL PICKS UP STAKE IN DR PURNIMA'S SKIN CARE CLINIC : Bennett, Coleman & Co (BCCL) has picked up a stake in Dr. Purnima's Skin Care Clinic More....
ERGO PICKS UP 26% IN HDFC INSURANCE ARM : Mumbai-based Housing Development Finance Corp (HDFC), has announced that it has sold 26% equity More....
FORMER MARKETING HEAD OF HDFC BANK, AJAY KELKAR LAUNCHES CEQUITY : Ajay Kelkar, former senior vice-president and marketing head of HDFC Bank, who put in his papers More....
EASTMAN KODAK TIES UP WITH VAKRANGEE SOFTWARES : Global imaging and printing major Eastman Kodak has entered into a strategic tie-up with Vakrangee Softwares More....
PARSVNATH SEZ INKS PACT WITH MP GOVERNMENT : Parsvnath SEZ (PSL), a subsidiary of real estate major Parsvnath Developers, has signed an MoU More....
ARCH PHARMALABS ACQUIRES 42% OF AVON ORGANICS : Mumbai-based Arch Pharmalabs has said it is acquiring 42% stake in BSE-listed Avon Organics More....
JSW ENERGY TRANSFERS 75% SHARES TO CYPRUS HOLDING CO : SAJJAN Jindal group is transferring 75% equity stake in the power sector arm JSW Energy to a Cyprus-based More....
BAJAJ READY FOR EURO TOUR, PICKS 14.5% IN KTM : Exactly a week after Renault Nissan CEO Carlos Ghosn's high-profile visit to its Chakan plant More....
BLACKSTONE SET TO PICK 26% IN MTAR FOR $65 M : Private equity (PE) major Blackstone has struck yet another deal in India. It is picking up 26% More....
ARCELORMITTAL BUYS 28% STAKE IN CHINA ORIENTAL : ArcelorMittal, the world's largest steel producer, has said that it would invest $647 million to take a 28% stake More....
HAVELLS BUYS 70% STAKE IN HEALTHCARE CO : QRG Enterprises, the promoter holding company of electrical equipment maker Havells India, has diversified its More....
INDIACO VENTURES BUYS 21% STAKE IN LASER COSMETICS : Private equity player Indiaco Ventures said it has acquired 20.83% stake in Laser Cosmetics More....
IVRCL ACQUIRES OIL E&P CO FOR $50 M : Hyderabad-based IVRCL Infrastructures and Projects has acquired Alkor Petroo, an unlisted oil and gas E&P company More....
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