M&A
Octant Interactive acquires Esha News Monitoring
05 Nov 2009
Wipro buys Yardley lines in area-specific deal
05 Nov 2009
Wipro Ltd, has signed an agreement with the Lornamead group, which owns the Yardley brand, for the businesses in Asia, the Middle East, Australasia and some African markets
GM says ‘No’ to Magna; decides to keep Opel
04 Nov 2009
Citing an improving business environment, the board of GM votes to anull selling a majority stake in its German unit to the Magna - Sberbak combine
Dubai’s ENOC to acquire Dragon Oil for $1.9 billion
04 Nov 2009
Dubai seeks to bolster future energy resources by acquiring full control over Dragon Oil Plc, to expand its exploration and production in oil rich Turkmenistan
KPIT Cummins buys out American IT firm Sparta
30 Oct 2009
PNB to buy majority stake in Kazakh’s Dana Bank
30 Oct 2009
India’s second-largest public sector lender, has received approval from its board of directors to acquire a majority stake of about 63 per cent in Kazakhstan-based Dana Bank
M&M launches four-wheeled goods carrier Gio news
29 Oct 2009
Mahindra & Mahindra has launched a 0.5 tonne four-wheeler pick-up cargo carrier -- Gio priced at Rs 1.65 lakh, which the company says is the cheapest mini truck in the country.
ConocoPhillips plans to sell $10-billion in assets
29 Oct 2009
ConocoPhillips plans to sell assets worth approximately $10 billion during the next two years to strengthen its financial position and reduce its debt-to-capital ratio
CIC to invest $500 million for 15-per cent stake in Canadian coal miner Mongolian assets
28 Oct 2009
Cisco to acquire ScanSafe for $183 million
28 Oct 2009
Dassault Systemes to acquire IBM’s PLM sales operation for $600 million
27 Oct 2009
The maker of 3D software for designing automobiles and aircrafts among other high tech products is making its biggest acquisition to date by acquiring IBM’s sales and client support operations for $600 million in cash
Dassault Systemes to acquire IBM’s PLM sales operation for $600 million
27 Oct 2009
The maker of 3D software for designing automobiles and aircrafts among other high tech products is making its biggest acquisition to date by acquiring IBM’s sales and client support operations for $600 million in cash
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India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation