Cranes Software International through its subsidiary Systat Software has entered into an agreement to acquire Germany-based Cubeware.


Govt. moves forward on signing Indo-US nuclear deal

Bliss GVS Pharma company announced plans for declaration of bonus shares.

TAIB Bank, a leading private bank based in Bahrain, has acquired 26% stake in Anant Raj Industries arm Anant Raj Projects for Rs 2.16 billion, The deal values the subsidiary of New Delhi-firm at Rs 8.31 billion.

Bank of India opens first branch in Tanzania

Ramco Systems will raise Rs 1.73 billion through issue of shares on rights basis to its shareholders.


Tata Power plans to set up a unit for generating 1,000 MW of renewable energy from both solar and wind, in Gujarat,


India`s largest specialty nutrient manufacturing company, Aries Agro has signed an agreement with Yara Asia Pte, the world`s largest soluble fertilizer company to markets its world class specialty micro-nutrient products for crops in India exclusively.

BSNL IPO

The government has initiated steps to put state-owned telecom major BSNL`s proposed USD 10 billion listing back on track

The company is expecting to raise Rs 40 billion by selling a 10% stake. This would value the telco at approximately around USD 100 billion.

Bharti Airtel is having valuation of USD 37 billion

Diamond Cables has received an order aggregating USD 37 million from one of the leading power utilities in Africa, to supply transformers, cables, conductors and other electrical products.


Educomp Solutions announced the acquisition of a strategic stake in A-Plus Education Solutions. Educomp will invest Rs 107.5 million over the next two years to acquire a 76% stake in the company.