Rolta India Limited, an engineering and geospatial services company, has acquired WhittmanHart Consulting (WHC), a management and technology consulting services firm based in Chicago. Neither of the companies has, however, revealed the value of this acquisition deal.
 
WhittmanHart ...

Lupin Limited, leading pharmaceutical company in India, announced on Wednesday, July 30 that it has acquired a German sales and marketing generics company called Hormosan GmbH. A statement issued by the Euro 6.8 million worth German company stated that it specializes in the sale of those pharma ...

The generic versions of the Anglo-Swedish pharmaceutical company, Astrazeneca’s anti-ulcer drug Prilosec 40 mg will be introduced by India’s Ranbaxy Laboratories Limited in the United States. The Anglo-Swedish pharmaceutical company made Ranbaxy a legal generics partner following an ...

The Anil Ambani-owned Reliance Infrastructure is looking forward to forming a joint venture (JV) with the Shanghai Electric Corp of China. Sources inform that the motive behind this JV is to develop a power equipment plant in India worth 120 billion rupees or 2.8 billion by the year 2010. ...

The world’s fifth biggest automobile manufacturer, the Hyundai Motors which is worth $75 billion, has said that it is going to make India its international hub for small cars. This news was made public by the company's chief executive for the Indian market. Heung Soo Lheem, the MD of Hyundai ...

The World Wrestling Entertainment (WWE) has given franchise of Thumb Wrestlers to the toys and licensee company My Baby Excels in India. Under this project, an array of two-inch tall recreations of wrestlers will be made such as that of Triple H, Rey Mysterio, Undertaker, Edge, Batista and John ...

In ongoing WTO meeting it seems services are not going to form an essential mention. Reportedly, India has shown its interest in this regard as for India, liberalization of services and smooth movement of service professional etcetera are of vital interest.
 
Earlier, Kamal Nath, ...

Swedish truck major Volvo put forward a proposal before the Cabinet Committee on Economic Affairs (CCEA) for investing $275 million in its joint venture with India’s commercial vehicle manufacturer Eicher Motors and it finally got approved on Thursday, July 25. An official statement issued in ...

The Nasdaq-listed Intel Corporation’s venture capital unit, Intel Capital on Thursday, July 25 declared that it is going to invest $17 million in three Indian firms and added that it is confident about its investment prospects in the country. The three Indian firms which the Intel Capital has ...

The Blue Dart Express, transportation and logistics major, is contemplating extending its connectivity to foreign locales like Sri Lanka and Pakistan. Its Managing Director Anil Khanna also informed that the company is also thinking about an increase in its fees by about 15 per cent this year. The ...

Joost, an Internet television service provider, has collaborated with the local portal TOM Online in China to launch its service there and tap the biggest online market in the world. Joost reportedly has struck up JV with also the parent of TOM Online, the Hong Kong-based TOM Group in order to ...

The sixth largest software exporter of India Tech Mahindra has inked a deal worth $700-million or Rs 2,975 Crore with the British Telecommunications (BT) group of UK, which is its biggest client and shareholder, for a five year period.  Tech Mahindra is a joint venture (JV) between Mahindra ...

Satyam Computer Services Ltd, a global IT consulting and service provider, is going to soon develop IT and BPO development centres in Mexico and Chile or Uruguay. This information was provided by senior officer from the company. ‘After opening IT and BPO development centres in Egypt, Brazil ...

It is now official that there is going to be no merger between Anil Ambani’s Reliance Communications (RCom) and South African telecom giant MTN. Both the parties declared on Friday, July 18 that they had amicably decided to let the exclusivity agreement between them phase out. 

The ...

Infrastructure Company Punj Lloyd has declared that it has clinched a contract for mechanical works from Tecnicas Reunidas of Spain worth $108 million or Rs 462 Crore. Punj Lloyd mentioned in a filing to the Bombay Stock Exchange that it has received this order on two off-sites and utilities ...

Lufthansa Airlines, the German aviation group, is going to expand its operation in all respects in India. The Lufthansa Airlines has already launched from Munich to Pune its first, continuous, all-business class six-day a week flight. Now this German Airlines is going to increase its flights from ...

Healthcare and insurance company Max India has entered into a health insurance joint venture with United Kingdom’s British United Provident Association (BUPA), a health insurance major. In this joint venture, Max India will wield control over 50 per cent stake, promoter and chairman Analjit ...

India’s Valuable group, which is a privately held media house, has bought MovieBeam, a Hollywood based media firm. The Hollywood’s MovieBeam offers video-on-demand services to customers. Using the wireless technology aided through a set-top-box, the MovieBeam Company airs films into ...

The South Africa-based multinational mobile telecommunications company, MTN has appointed the Avian Media, a specialist communications consultancy in India, to look after its media relations in the country. At present this South African telecom giant is in talks with the Reliance Communications of ...

The Ruia Group, which is based in Kolkata, has acquired a controlling interest in the Schlegel Automotive Europe Limited, a British company manufacturing auto components. This information was provided by Mr Pawan Kumar Ruia, the chairman of the Ruia Group. But he did not explicitly reveal the sum ...

India-based outsourcing services firm WNS Holdings Ltd. on Tuesday, July 8 acquired Aviva Global Services, the offshoring arm of Aviva UK, for $230 million. The Aviva Global Services oversees Aviva UK’s Business Process Offshoring and IT Offshoring operations with the vendor partners in India ...

Reliance Money, the broking and financial services arm of Reliance ADAG, has announced that it has formed a distribution tie-up with the Chellarams of Nigeria in order to address the requirements of non-resident Indians (NRIs) in Africa.  The Indian company targets to create about 50 per cent ...

India will get the first of its three Israeli 'Phalcon' AWACS sometime during this year’s second half. In the meantime, it has also inked a $210-million worth contract with Embraer, a Brazilian firm, for three aircraft for its own local miniature AWACS project. The Defence Research and ...

The Piramal Healthcare Ltd. of India has announced that it will be acquiring the polygeline-based blood plasma products of PlasmaSelect AG for 7.7 million euros cash. It is the brand name 'Haemaccel' under which these products are sold. However, they are also sold as 'Emagel' and 'Solucel' in Italy ...

Seven drug brands from Iceland's Actavis Group and its Polish affiliate Biovena has been acquired by India’s Glenmark Pharmaceuticals Ltd, enhancing its presence in Europe and lifting its shares. The India company Glenmark announced on Tuesday, July 1 that this deal is expected to boost its ...

The United Kingdom’s Babel Media Ltd, which is an international provider of specialist services to interactive entertainment industry, has been acquired by Raman Roy, who is considered as amongst the pioneers of the Business Process Outsourcing (BPO) industry in India. 

The reason Roy ...

The biggest private sector shipyard of India, ABG Shipyard, will now take up the building of sub-sea vessels as it has bagged its very first order for worth $137 million. This order is going to help the ABG shipyard to not only expand, but also fortify its offshore vessel construction business. It ...

Tech Mahindra Limited has declared that it has inked a multi-billion dollar worth deal with Telecom Fiji (TFL) in order to provide global ICT services to enterprise customers in Oceania market. A statement issued by the company informed that Tech Mahindra’s deal with TFL is a part of its plan ...

During the inauguration of HTMT’s second unit at Chennai recently, Mr Partha De Sarkar, the CEO of HTMT Global Solutions which is a part of the Hinduja Group and an outsourcing solutions provider, announced that they are buying a business process outsourcing (BPO) company in Europe by this ...

The BIG Entertainment owned by Reliance seems to be all busy these days trying to make its presence felt internationally. After it declared its grand plans to venture into Hollywood recently, BIG Entertainment spokespersons informed that the company is now all geared to infiltrate into Singapore. ...