The Indian government will help Bharti Airtel Ltd. in its bid to buy most of the African assets of Kuwait's Mobile Telecommunications Co., or Zain, if the Indian mobile-phone operator seeks any assistance, the federal corporate affairs minister said Wednesday. Bharti Airtel, India's largest mobile-phone company by subscribers, though hasn't approached the corporate affairs ministry for any help, Salman Khurshid told reporters on the sidelines of an industry conference. He also said that there aren't any apparent policy issues in the Bharti-Zain Deal as of now. […]

US-based pharmaceutical firm Abbott Laboratories on Wednesday announced completing the acquisition of the global drug business of Solvay SA, consequent to which it has made an offer to acquire 20 per cent of Solvay's India business. Abbott Capital India and Abbott Laboratories have made an open offer to acquire 10.09 lakh shares of Solvay Pharma India at Rs 3,054.73 per share, Solvay Pharma India said in a filing to the Bombay Stock Exchange. The offer would aggregate an outgo of Rs 308 crore. It will open on April 7 and close on April 26. DSP Merrill Lynch Ltd is the banker to the offer. […]