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Hershey to Buy 51 Pct in India's Godrej Beverages

.S. chocolate maker Hershey Co.  has received India's approval to buy 51 percent in Godrej Beverages & Food Ltd. for 2.38 billion rupees ($55 million), a government statement showed on Monday.

Hershey will buy shares in Godrej Beverages from IL&FS … […]

BCCL buys stake in eYantra

Bennett, Coleman & Company (BCCL) has acquired a stake in Hyderabad-based eYantra Industries, a corporate brand merchandising company with single largest source of all merchandising products, one-stop-shop for ideation, designing and execution.

eYantra has entered into long term exclusive merchandising … […]

Indian Hotels to acquire Hotel Campton Place

In a bid to expand its presence in the US market, Indian Hotels Co, operator of Taj Hotels, Resorts and Palaces today said it will acquire US-based Hotel Campton Place for around Rs 264 crore (USD 60 million).

The acquisition … […]

MBPV acquires 40 pc stake in Slovenian firm

MOSER BAER INDIA said that its wholly owned subsidiary, Moser Baer Photo Voltaic (MBPV), has acquired 40 per cent equity stake, out of 100 per cent, in Slovenia-based Solarvalue Proizvodnja.
 
The first phase of 80-mw crystalline silicon plant of … […]

Moser Baer subsidiary acquires 40% stake in Slovenia based Solarvalue Proizvodnja

Moser Baer India Ltd has announced that Moser Baer Photo Voltaic (MBPV), a wholly owned subsidiary of the Company, on March 30, 2007, has announced that it has acquired a 40% strategic equity stake in the Slovenia-based Solarvalue Proizvodnja d.d. … […]

Tata Power to Buy Bumi Mines Stake for $1.3 Billion

Power Co., India's second- biggest utility by sales, agreed to pay $1.3 billion for a 30 percent stake of two coal mining units in Indonesia to secure supplies of the fuel.

PT Bumi Resources, Asia's third-largest coal miner, will sell … […]

HK firm picks up 51% stake in RFF

Kerry Logistics Network, part of the Hong Kong-based KUOK Group, a conglomerate with diversified interests in logistics, property, hotels & resorts among others, has picked up 51% equity stake in Chennai-based Rs 75 crore Reliable Freight Forwarders for an undisclosed … […]

Moser Baer arm picks up 40% stake in Slovenia co

Moser Baer Photo Voltaic (MBPV), a wholly-owned subsidiary of Moser Baer India, has picked up 40% stake in Slovenia-based Solarvalue Proizvodnja would acquire the stake from Germany-based Solarvalue AG, which currently holds 100% stake in the Slovenian company involved in … […]

Sitel acquires TCS, Tata's stake in Indian arm

Global Business Process Outsourcing (BPO) major, Sitel Corporation, acquired TCS and Tata Group's 50% holding in the Sitel India JV for around $22 million.

Sitel India was a joint venture between Tata Group and Sitel, formed in 2000, with both … […]

Batliboi Acquires 100% Stake In Canadian Firm For Rs. 22 Cr.

Batliboi, one of the oldest machine tool and engineering companies, announced that the company has acquired 100% stake in Quickmill Inc. Canada, for a consideration of around Rs. 22 crores.

The Chairman and Managing Director, Nirmal Bhogilal, said that the … […]