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KPIT Cummins Infosystems Ltd , a global IT consulting organisation, announced today that it has entered into definitive agreement with Cargill Ventures to issue shares of $4.5 million on a preferential basis, in addition to warrants convertible into shares of … […] The leading integrated player in the textiles sector in India, Rajasthan Spinning and Weaving Mills Ltd (RSWM Ltd) has announced that it had concluded a transaction to acquire 48.17 percent stake in Bangalore-based Cheslind Textiles Ltd for Rs 27.8 crore, … […] U.S. brokerage Raymond James Financial Inc. was looking to buy out the stake of its Indian partner, ASK Investment Financial Consultants, the DNA newspaper reported on Wednesday, citing an unnamed company official. “You can expect an announcement in the next … […] Indian specialty chemicals maker Dorf Ketal Chemicals India Pvt Ltd said on Wednesday it had bought ExxonMobil Chemical's component additive business for an undisclosed amount. Mumbai-based Dorf Ketal makes additive chemicals used in oil refineries and petrochemicals plants. “This acquisition … […]
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