M&A
iGate pays $1.22 billion for 63 per cent Patni stake
10 Jan 2011
iGate, backed by funding from Apax Partners LLP, will pay about $921 million to buy 63 per cent of Patni from the founding family, the Patni brothers
Japanese bank Resona seeks $6.9-bn in share sale
10 Jan 2011
Patni-iGate deal may be announced today
10 Jan 2011
Inox retains control over Fame after open offer
08 Jan 2011
INOX: After the open offer Inox has a 50.27-per cent in Fame, while the Anil Ambai group has around 32 per cent
Citigroup seeks buyers for CitiFinancial: report
07 Jan 2011
Suzlon dismisses report of stake sale to Spain’s Gamesa
05 Jan 2011
Suzlon Energy has denied reports that it was in talks with a Spanish company, Gamesa Corporacion Tecnologica, for a majority stake sale.
L&T may be split into nine firms, says chairman Naik
05 Jan 2011
Twenty-one months before he retires, L&T chairman A M Naik has initiated a restructuring plan that will divide the Rs37,000-crore company into nine virtual companies