The Department of Telecommunications might favour the holding company structure for the merger of the two telecom PSUs, Bharat Sanchar Nigam and Mahanagar Telephone Nigam.
The US-based Dawn Alliance group is planning to set up a United States Food and Drug Administration-approved generic drug manufacturing facility in India.
Tata Steel's global footprint is spreading at a furious pace.
Board has right to reject takeover panel's choice.
Tata Steel's greenfield projects -- in Orissa, Chhattisgarh and Jharkhand -- were significant for Corus, which incurred high cost on raw materials, said sources close to Tata Steel.
Shedding its image of a brick-and-mortar organisation, the Life Insurance Corporation of India (LIC) is all set venture into the digital era.
Electronics major has tied up with Reliance Comm and Tata Tele.
The Hinduja group says it will bid for Italian tyre and real estate major Pirelli's stake in Telecom Italia only if the acquisition gives it management control in Italy's largest telecommunications operator.
The Hong Kong-based Hutchison Telecommunications International would record a profit of around HK$70 billion, once the sale of 67 per cent stake in Hutch-Essar is completed.
According to an industry analyst, the telecom infrastructure sector needs over $20 billion, while the passive infrastructure segment needs an investment of over $12 billion.
VSNL intends to set up the unit through its wholly owned subsidiary, VSNL Global Services.
This will be the largest M&A by an Indian firm, to be complete by January-end.
Amtek Auto is renewing its bid to acquire JL French Automotive Casting's Whitham plant in Essex in the UK, six months after its first abortive attempt.
The Tata group may take on global automobile giants such as Ford and Renault-Nissan for in an attempt to buy Daewoo Automobile Romania, the privatisation of which the Romanian government has put on the fast track.
The steel-to-telecom conglomerate Essar group has roped in London-based creative and consultancy firm, Start Creative, to create a new brand identity.
The group intends to emerge as a consumer-oriented group, shedding its existing heavy industries tag.
The shadow of the European Commission's anti-trust proceedings is hanging over Companhia Siderurgica Nacional's bid for Anglo-Dutch steelmaker Corus.
Hutchison Telecom is expected to complete the sale of its 67 per cent stake in the country's fourth largest telecom company, Hutchison Essar, before the Chinese New Year holiday, which begins February 17.
Financing would not be an issue for the group that had business interests in global finance, telecommunications, film, oil and the automotive sector.
Just six months after pulling out of Hutchison Essar, the Hinduja group is set to throw its hat into the ring for the country's fourth largest telecom company.
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