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EDS acquiring Indian testing company

Electronic Data Systems (EDS) is acquiring RelQ Software Pvt. Ltd., a privately owned software testing company in Bangalore, India, to strengthen its global testing capabilities by offering applications testing, validation and verification, and quality assurance services.

RelQ's more than 700 … […]

Malaysian government's investment arm picks up 9 per cent in IDFC

Khazanah Nasional Berhad, the investment holding arm of Malaysian government, has acquired 8.97 per cent stake in Infrastructure Development Finance Company (IDFC) for Rs848.15 crore.

Khazanah Nasional Berhad on account of Sipadan Investments acquired around 10.09 crore shares of the … […]

Lavazza buys India coffee chains

Coffee company Lavazza Group has acquired Barista Coffee Company and Fresh & Honest Café. Barista is the second-largest Indian coffee shop chain, with 150 outlets, of which 132 are located in India, mainly in New Delhi, Mumbai and Bangalore.

The … […]

BNP Paribas buys 27 pct of India's Geojit; stake to rise more in capital hike

BNP Paribas said it acquired 27 pct of Geojit Financial Services in India, and plans to raise its stake to a minimum of 34.35 pct by subscribing to a capital hike.

The value of the deal was not disclosed.

The … […]

Havell's acquire Sylvania's lighting biz for $300 mn

Havell's India today said it has acquired SLI Sylvania's lighting business for 300 million dollars (about Rs 1,350 crores), the biggest overseas takeover by an Indian electrical equipment manufacturer.

“We have acquired Sylvania's lighting business for 300 million dollars through … […]