Welspun Arm Buys Majority Stake In Construction Firm
Welspun Gujarat Stahl Rohren (WGSRL), the flagship company of line pipe and home textile major Welspun, is acquiring a majority stake in MSK...

Wall Street Breakfast: Must-Know News
Teva said to be Ratiopharm winner. Teva Pharmaceutical (TEVA) has reportedly edged out Pfizer (PFE) and Iceland's Actavis in its bid for ...

India Markets Thursday Wrap-Up: Weak Global Cues Impact Markets
After trading below the dotted line for most of the session today, Indian markets managed to cross over to positive territory in the final...

Morgan Stanley Appoints PJ Nayak As India Head
Wall Street bank Morgan Stanley on Thursday named PJ Nayak, the former head of India's Axis Bank, as its new country head and chief executiv...

Strides May Sell Stakes In Generic Pharma; To Push Specialty Biz
Bangalore-based mid-sized and deal-savvy Strides Arcolab is open to private equity fund-raising and even divestment of its generic pharma bu...

Elder Pharma Ups Stake In Bulgarian Arm To 61%
Elder Pharmaceuticals Limited has hiked stake in its Bulgarian subsidiary Elder Biomeda AD to 61% from the present 51% for an undisclosed su...