M&A
IOC plans $1 bn foreign acquisitions spree
23 Sep 2010
IOC has earmarked $1 billion for the acquisition of exploration and production assets abroad.at a time when China is outbidding India for multi-billion dollar energy assets
France Telecom buys Morocco’s Medi Telecom stake for $852 million
22 Sep 2010
The French telecom giant, which operates in 20 countries in Africa and the Middle East, has set a target of doubling its revenues in emerging markets
Sun acquires controlling stake in Taro, Shanghvi is chairman
22 Sep 2010
After two and a half years of legal battle, Sun's subsidiaries have increased their voting rights in Taro to 65.8 per cent
ONGC bids for Russia's Arctic oil assets
21 Sep 2010
ONGC is among six global companies that have bid for exploiting the giant Trebs and Titov oil deposits in Russia's Arctic region
EIH plans rights issue; ITC unlikely to buy
21 Sep 2010
IBM to buy data storage firm Netezza for $1.7 bn
21 Sep 2010
Mid-size data storage companies are becoming hot property as larger technology firms have been buying them out at a frantic pace.
Government not opposed to Posco majority stake in SAIL venture
20 Sep 2010
Steel minister Virbhadra Singh today said that government was not opposed to Posco getting a majority stake in the proposed about Rs12,000-crore joint venture between the South Korean giant and state-run SAIL