M&A
Infosys to buy US firm Panaya Inc in $200 mn deal
16 Feb 2015
The acquisition of Panaya will help Infosys to move from standard software into areas like artificial intelligence and cloud-based services, says the company
Suzlon Energy confirms 23% stake sale to Sun’s Shanghvi
14 Feb 2015
Dilip Shanghvi and others on Saturday made an open offer to shareholders of Suzlon Energy immediately after announcing that it would invest Rs1,800 crore in the company
ICICI Pru Life planning to sell 5% stake: reports
13 Feb 2015
Long-term investors like sovereign funds, pension funds and other financial investors have evinced interest in picking up a stake in the life insurance joint venture between ICICI Bank Ltd and Prudential Plc
Sun’s Shanghvi reported in talks with Tanti for Suzlon stake
13 Feb 2015
Sun Pharmaceuticals founder Dilip Shanghvi and Tulsi Tanti of Suzlon Energy are in advanced talks for a multi-layer deal to eventually give the pharma baron's family a stake in the debt-laden wind turbine maker
Glencore to quit platinum mining
12 Feb 2015
Pipavav Defence denies reports of stake sale to Mahindras
12 Feb 2015
Pipavav Defence & Offshore Engineering has denied it was in talks to sell a stake to M&M, after widespread reports today that the Mahindras were close to picking up a 25-30 per cent stake in it
Mahindras set to buy up to 30% stake in Pipavav Defence
12 Feb 2015
Although the reports have not been officially confirmed, a stake in Pipavav Defence & Offshore Engineering will give the Mahindras a big presence in the defence sector
Telecity acquires rival Interxion for $2.2 bn for ‘cloud’ expansion
12 Feb 2015
Leading British data center provider Telecity Group Plc has agreed to merge its business with US-listed Interxion Holding NV for approximately £1.4 billion in an all-stock deal
Grasim to merger group company Aditya Birla Chemicals
11 Feb 2015
The proposed merger will consolidate Aditya Birla Group’s chlor-alakali business into Grasim and strengthen its existing portfolio of viscose staple fibre, caustic soda and allied chemicals
Canon acquires Swedish network surveillance leader Axis for $2.8 bn
11 Feb 2015
Japanese imaging giant Canon Inc has struck a friendly deal to acquire Sweden’s Axis AB, a leader in network video surveillance technologies, in a bid to expand into fast growing video surveillance market
Tahoe Resources buys rival Rio Alto for C$1.3-bn
10 Feb 2015
Ratan Tata invests in CarDekho parent GirnarSoft
09 Feb 2015
Ratan Tata’s first investment in an auto portal in his personal capacity, the investment augurs well for Tata Motors, which is passing through the worst of times with low sales and profits