| News by Country |
| News by Company |
| News by Industry |
| News by NewsType |
October 22, 2007 |
| Latest Company News Updates |
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Company
(Country - Industry) |
News Title |
Bank of Baroda
India
(Banking)
|
Bahrain has granted a license to the bank to establish a wholesale branch in the gulf country.
Source: financial express
|
Ceylon Petroleum Corp.
Sri Lanka
(Mining/Petroleum)
|
The company has bought 300,000 barrels of gas oil for November delivery from Reliance.
Source: The Economic Times
|
Deutsche Bank
Germany
(Banking)
|
The bank is set to invest USD125m in Gloden Gate Properties of Bangalore for a 15-20% stake.
Source: The Economic Times
|
Direct Logistics India Pvt. Ltd
India
(Transportation)
|
The company has popularly known as freight forwarding, has acquired a Chinese logistics company, Shenzhen Dida Logistics Ltd, for an undisclosed amount.
Source: Livemint
|
East India Petroleum Ltd
India
(Mining/Petroleum)
|
Global Infrastructure Partners & General Electric are forming a joint venture to acquire 74% stake in the company.
Source: Te Economic Times
|
Havell's India Ltd.
India
(Electrical Equipment)
|
Warburg Pincus, a global private equity firm will invest USD110m in the company.
Source: The Indian Express
|
Honda Motor Co.,Ltd.
Japan
(Automotives)
|
The company is working on a brand new platform for a small car that will use India as the manufacturing hub.
Source: The Economic Times
|
Hyundai Motor Company
Korea
(Automotives)
|
The company is developing a new big car for India, which is expected to hit the market in a couple of years.
Source: The Economic Times
|
ICICI Bank Ltd.
India
(Banking)
|
The bank will use its recently-acquired New York branch licence to offer high-end retail banking and fund cross border M&A.
Source: The Economic Times
|
India Infrastructure Finance Company
India
(Diversified Financial Services)
|
The company is set to raise close to USD2bn from foreign banks and multilateral financing agencies.
Source: The Economic Times
|
Karuturi Networks Limited
India
(Food/Beverages)
|
The company has completed the acquisition of Kenyan firm Sher Agencies Ltd.
Source: The Economic Times
|
Megasoft Ltd.
India
(Software)
|
Reported Rs202cr revenue for the nine months ended September 2007 with the revenue comes from US, the UK, Latin America, Middle East and Asia-Pacific.
Source: The Hindu Business line
|
Moschip Semiconductor Technology Limited
India
(InfoTech Equip./Components)
|
The company is scouting for acquisitions in the US and Euproe to enter the home applications segment.
Source: the Economic Times
|
Ranbaxy Laboratories Limited
India
(Pharmaceuticals)
|
The company has got approval from Health Canada, to manufacture and market Lisinopril 5, 10 and 20 mg tablets in Canada.
Source: The Economic Times
|
Remsons Industries Ltd
India
(Automotives)
|
The company's board approved a joint venture with US-based ORSCHELN Products LLC.
Source: The Economic Times
|
Triveni Engineering & Industries Ltd.
India
(Industrial Equipment)
|
The company will partner with US based General Electric Co to make compressors for the oil and gas industry in India.
Source: The Financial Express
|
Wyeth Ltd
United States
(Pharmaceuticals)
|
The company to issue a convenant -not-to-sue' to Sun Pharmaceutical Industries for seeking approval to sell its version of anti-depressant blockbuster drug Effexor XR in the US.
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