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Merger And Acquisition News


Infosys possibly on an acquisition mode. What should investors do?
Infosys Technologies, the second largest information technology company will be buying US-based information technology firm, according to a newspaper report by DNA. There was no mention of the target company's name but the deal ticket could be worth approximately $500-750 ...
Idea earns a temporary stay on DoT penalty
Idea Cellular, Aditya Birla enterprise who is in midst of legal controversies since it acquired Spice Telecommunication in 2008 has got temporary stay from paying Rs 250 crore penalty imposed by Department of Telecommunications (DoT). The stay was given by Telecom ...
Progress at snail’s pace end the Godrej-Hershey's JV
India's Godrej Group and US-based chocolate and confectionery major Hershey's have decided to call off joint venture (JV), due to management differences in running the entity, as reported by Economic Times. Hershey's had 51% stake in Godrej and JV formed ...
Progress At Snails Pace End Godrej Hershey Jv
Idea Cellular fined Rs 1 cr for non-compliance of norms
Idea Cellular, the telecom arm of the Aditya Birla Group, faces headwinds as Delhi High Court on Monday ordered them to surrender six overlapping licences of Spice Communications since the company has failed to comply with the norms and guidelines. The ...
Wipro Acquires Majority Stake in Rkm Equipamentos Hidráulicos
Bangalore, May 11: Wipro announced that it will acquire majority stake of Brazil based Hydraulic Cylinder manufacturer Rkm Equipamentos Hidráulicos. The acquisition will be a part of Wipro’s Infrastructure Engineering division. It is a Tier-1 supplier to global Original Equipment ...
Wipro Acquisitions Brazil
EXL Services acquires OPI
ExlService Holdings, a transformation and outsourcing services provider announced that it has acquired Outsource Partners International that operates in the finance & accounting (F&A) outsourcing services. With this acquisition, EXL establishes itself as one of the leading third-party service providers in ...
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