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Business Today
Deal Watch

In August last year, Intel said it will acquire McAfee in an all-cash deal worth $7.68 billion that will bolster the chip-maker's computing portfolio, especially wireless mobility offerings.

 
 
Reliance India Ltd's $7.2 billion deal (might go up to $20 billion) with oil and gas major BP was announced on the same day when BP stopped its operations in Libya.
"We cannot bailout any seller or buyer. We will not compromise on concerns of Oil and Natural Gas Corporation (ONGC)," oil minister Jaipal Reddy said.
The acquisition of Columbian Chemicals Company will make Birla Carbon a leading player globally - placing it ahead of Cabot Corp and Germany's Evonik Industries.
Besides, the information technology major also entered into a strategic partnership with Tonge for $3 million (about Rs 13 crore) to provide IT platform.
R Systems will pay an amount of GBP nine million, consisting of an initial payment of GBP 4.25 million and the balance amount over two years linked to performance.
Under the MoU, the two companies would look for sourcing and roasting high-quality green coffee beans in Tata Coffee's Coorg (India) facility.
Both Inox Leisure and RMW had made their respective open offers for Fame India, which closed on January 4. Inox made the offer for 20.25 per cent stake.
 
 
India and Malaysia sign The Comprehensive Economic Cooperation Agreement (CECA) for a freer flow of trade in goods and services between the two countries
A Qatari investment bank has acquired a stake in India's FIITJEE but the actual value of the stake was not revealed.
The directive followed a one-on-one meeting between Vedanta Resources Chairman Anil Agarwal and Prime Minister Manmohan Singh last Wednesday.
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