A clutch of strategic investors have picked up stake in domestic broking house Networth Stock Broking through preferential issue of equity shares and convertible More

Real estate-focused venture capital fund, Indiareit Fund Advisors has picked up a 75% stake in a SPV together with Hyderabad-based Amsri Group More

WELSPUN India, global major in terry towel making, has acquired 76% stake in Portugal-based Sorema-Tapates e Cortinas de Banho More

Steel Authority of India has signed an agreement with Rail Vikas Nigam (RVNL) for transporting imported coking coal using the Paradip-Haridaspur railway line More

Kotak Mahindra’s real estate investment arm, the Kotak Realty Fund, has entered into a JV with realty startup Lalith Gangadhar Constructions (LGCL). As part of the More

Samir Thapar led JCT is taking its first major diversification beyond the traditional textile and filament yarn businesses More

In a landmark transaction towards creating shareholder value, Nilkamal Bhoomi Developers Private Limited sold off More

MERRILL Lynch International has picked up a 12.74% equity stake in mining firm Resurgere Mines & Minerals India for an undisclosed amount More

Domestic aviation services provider — Aerostar Aviation — has entered into a JV with Interiors Aeroservices of Singapore to provide quality support and service to More

Leading private equity firm, Warburg Pincus has bought about 3.3% in Amtek India, raising its stake in the forgeign company to close to 10%. More

Bangalore-based Repair & Return Technology (R&R) has entered into a joint venture agreement with Sequel Technology More

Time Technoplast has acquired 100% shareholding in Gulf Powerbeat (GPW), Kingdom of Bahrain — through its subsidiary (71%) NED Energy (NED) More

Mindtree Consulting had signed a definitive agreement dated November 14, 2007 with shareholders of TES PV Electronic Solutions ("TES PV") More

The Mumbai-based SKS Logistics, formerly Shahi Shipping, is foraying into tourism sector. An SKS group company --Royal Cruise Liners More

REAL estate developer Vipul group has tied up with Sarovar Hotels & Resorts—franchisor for Park Plaza and Park Inn brands in India—for managing six four-star More

IBM has partnered with Sankara Nethralaya, Chennai-based eye hospital, to help manage its IT infrastructure over a period of five years More

ACC and Ambuja Cement, two leading Indian cement companies controlled by world’s second-largest cement maker Holcim More

Bennett, Coleman & Co Ltd (BCCL), the publishers of The Economic Times and The Times of India, have acquired a stake in Mumbai-based realty major Lok More

Tata Group company VSNL has offloaded 10% stake of its wholly-owned subsidiary in Sri Lanka to Sunshine Holdings for Rs 2.72 crore More