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ICICI arm to buy stake in Indian Express

Leading private equity firm ICICI Venture is all set to pick up a significant stake in Nariman Point Building & Services, the holding company for the Indian Express Newspapers (Bombay). The Express......

Power theft detected at ADAG headquarters

Mahavitaran, the Maharashtra government-owned power distribution company, has detected power theft amounting to Rs 41.29 lakh at the Anil Dhirubhai Ambani Group's headquarters at the Dhirubhai......

L&T Infotech plans buyouts

Mumbai-based L&T Infotech, a part of the Larsen &Toubro group, is evaluating acquisitions of $50-200 million (close to Rs 200-820 crore) in the US, Europe and India in a bid to boost revenues.A M......

Mastek plans expansion in Europe

Buoyed by fast-paced growth in financial services vertical, Mastek Ltd, a first generation Indian software company and a global provider of IT solutions and integration services, is mulling......

Tata-HDFC BPO plans Rs 50 crore investment

Intelenet, the 50:50business process outsourcingjoint venture between the Tata group and the Housing Development Finance Corporation, intends to invest Rs 35 to Rs 50 crore (Rs 350-Rs 500......
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