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Subex Azure Limited to Acquire Venture-Backed Syndesis

Subex Azure Limited, a provider of revenue maximization solutions for telecom operators, announced yesterday that it has entered into a … […]

Datacraft ready with $40 million for acquisitions

MUMBAI: After the likes of Fujitsu, EDS and IBM, it is now the turn of another multinational and old India hand, Datacraft, to look for acquisitions in the country.

The Singapore-headquartered network services and solutions firm is hunting for suitable opportunities in India in the domains of security, data centre and storage, and Microsoft technologies. It has a budget of around $40 million for the acquisition.

Datacraft was among the early entrants to India through its joint venture […]

What B-Schoolers Lust For Now

These days, private equity is the No. 1 object of desire. But jobs are scarce […]

India Power Fund likely by March

NEW DELHI: India Power Fund, a venture capital fund of Power Finance Corporation, will be operational before the end of … […]

Bidding war for Corus set to escalate

Brazilian steel company CSN is prepared to counter a revised bid for Corus from Indian group Tata, according to City sources.

Corus shares rose steeply on Friday in expectation of an increased offer from Tata to top CSN's 515p offer, which values Corus at £4.9bn. At one point, shares in Corus, formed in 1999 from the merger of British Steel with Dutch maker Hoogovens, rose above 550p – a seven-year high – before closing at 549p.

There has been […]