And will sell its 50 per cent stake to State Bank of India in Russia as part of rationalisation of overseas branch network.
Hollister, which posted an annual turnover of $55 million in 2006, has been posting 40 per cent compound annual growth rate (CAGR) over the last four years.
The US Federal Aviation Administration has yet to certify Epic's planes. The company manufactures private business jets with single and twin engines, capable of carrying six to seven people.
As per the agreement, Mastek's wholly-owned US subsidiary MajescoMastek would buy 90 per cent equity stake in Vector for $4.5 million payable at closing.
Sajjan Jindal-promoted JSW Steel on Tuesday announced the acquisition of Jindal United Steel Corporation, Saw Pipes USA and Jindal Enterprises LLC
AFS is among the leading hospital billing and receivables management companies in the US.
Oak Hill Capital Partners, a US-based private equity firm, is understood to be working towards merging its two BPO portfolio companies, Genpact and Vertex Data Systems.
The partnership would form two companies Virgin Comics and Animation Private Ltd based in Bangalore and Virgin Comics LLC in New York for carrying out their projects.\n\n
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Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
The US acquisition comes barely three days after Essar Global announced its acquisition Canadian firm Algoma Steel for $1.58 billion (Rs 6,900 crore).
US-based global investment banking major Goldman Sachs on Tuesday said it would invest one billion dollar in India for expanding operations in sectors like real estate and infrastructure.
Software solutions provider iGate Global Solutions Ltd said on Monday its US-based subsidiary, Symphoni Interactive LLC, has been merged with itself.
It was alleged that the IT major made "improper payments to obtain permits and building licences in India"
Westbridge Capital Partners is planning to invest $200 million in Indian companies over the next 2-3 months.
The Hinduja Group has signed a deal with Dubai World to offer healthcare services in India.
Sikka is considered to be the force behind SAP's analytics platform, HANA that had helped the company strengthen its position in the global market.
In one of the first global acquisitions by an Indian firm in the retail space, gems and jewellery major Gitanjali Gems has bought US-based Samuels Jewellers for Rs 200 crore
Pentagon said he has withdrawn citing disruption in his financial interests
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'His working style differs from his father as he is a quick decision-maker.'
The proposals were considered by the Foreign Investment Promotion Board at its meeting held on July 4.
"As I begin the next chapter of my life, I am looking for ways to pursue a career in business, specifically in real estate," Agassi, 36, said in a statement.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
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An industry source said the funding was part of an overall $500 million the company is planning to raise, which will value Ola at around $5 billion.
IT services provider iGate Global Solutions Ltd on Monday said it has enhanced its stake holding in US-based Loan Pro LLC to 60 per cent.\n
Rajiv Chhatwal, Rupinder Kaur and Harinder Singh and companies Global Access Technical Support, Source Pundit and Helios Digital Media LLC were the defendants that had been charged in October 2016 by the Federal Trade Commission (FTC) as part of its ongoing crackdown against tech support scams.
Though the US has got together a number of vetted and potential Indian business partners, most of these companies say they haven't had much luck in stitching up deals to tap into India as an export market for their goods.
UTV Software Communications Ltd has bagged three animation contracts from overseas with total value exceeding over $3 million.
iGate Global Solutions Ltd on Monday said it has acquired 5 per cent equity stake in US-based Loan Pro LLC enhancing its existing stake to 60 per cent by July 1.
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