HTW Looking At Acquisitions In South India - Metal container manufacturer, Hindustan Tin Works (HTW), plans to acquire smaller firms in South India and is currently in talks with a host of potential targets. The company, which plans to fund the acqui...
HTW Looking At Acquisitions In South India - Metal container manufacturer, Hindustan Tin Works (HTW), plans to acquire smaller firms in South India and is currently in talks with a host of potential targets. The company, which plans to fund the acqui...
Amitabh Chaudhry, MD & CEO of Infosys BPO, is quitting his position at the firm just weeks after driving the buy of US-based outsourcing service provider McCamish Systems. Though VCCircle could not independently confirm this, a report says that Chaud...
Promoters of Vishal Retail are merging one of their privately-owned companies with the listed entity even as the corporate debt restructuring (CDR) plan, which has been proposed to the lenders of the debt-laden retail firm, is yet to be get a formal ...
ITC May Go For EIH Takeover - ITC said that it will position itself so that it gains extra leverage in any future negotiations concerning its plans for EIH. The company currently owns a 14.98% stake in EIH and is exploring the option of increasing it...
This note highlights the exposure of India banks to Dubai. Bank of Baroda's exposure to Dubai accounts for 2% of its total assets and 7% of its international assets. For all other large banks exposure is not significant.SummaryExcept for Bank of Baro...
New Silk Route, Essar Tele Tower Arms Merger - New Silk Route (NSR), which owns a majority stake Aster Infrastructure, has initiated talks with the Ruias-owned Essar Telecom Infrastructure (ETIL) for a merger. After the merger NSR and ETIL will look ...
Religare Enterprices Ltd. (REL) appointed G. N. Nagaraj as the Director and Chief Technology Officer of the company. Nagaraj will be overseeing IT related services and will be responsible in driving operation excellence and economies of scale in tech...
Ignoring Asia outright will prove to be one of the biggest mistakes an investor can make, says Yiannis Mostrous. In Personal Finance, he notes, Asia has entered a cycle of capital investment, infrastructure spending and domestic consumption that ...
ADCB Macquarie Infrastructure Fund (AMIF) is selling around 6.8 million shares (out of over 17 million or 24% stake that it owns in Nitesh Estates) to the promoters. This is as per an agreement that entitles the promoters to a call option to buy back...
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