Goldman Sachs invests $20mn in Indian co

A string of acquisitions this year has pushed India to the top of the Asia's inbound M&A league table. Goldman Sachs is investing $20 million in Indian medical device maker BPL Medical......

SC dismisses BPL's plea, asks firm to pay wages

The Supreme Court has asked BPL Ltd to pay within a month full wages to its employees whose services were allegedly terminated after the closure of the firm's Bangalore unit. A Bench headed by......

Russia's Sistema, DLF join telecom rush

Russian conglomerate Sistema has finalised an agreement with Indian telecom services provider Shyam Telelink, the unlisted telecom services arm of the Shyam Telecom group, to acquire 74 per cent in......

BPL falters on finance rejig

BPL Ltd, which got a reprieve from a host of lenders to restructure its Rs 1,500 crore (Rs 15 billion) debt, has faltered again on the restructured package. According to the auditors report,......