consolidation

Bad time in retail – Kishore Biyani senses opportunity in restructuring

13 mar 2009

Future Group, faced with topline and bottomline pressures is thinking otherwise. The recent easing of FDI norms has prompted the company to undertake a major retructring exrcies to unlock the hidden value in its various formats.

End of catalogue shopping in India?

29 jan 2009

India’s first catalogue store, Hypercity Argos, a joint venture between Shoppers’ Stop’s Hypercity Retail and Argos, UK has decided to wind off its 5 store Indian operations within 2 years of opening it.

Kingfisher on course to dominate Indian aviation space by buying SpiceJet

04 jul 2008

Vijay Mallya is probably beginning another round of consolidation in Indian skies by buying out a controlling stake in low cost carrier SpiceJet through a combined cash and share swap deal.

DCB merging with larger bank – impending action

10 apr 2008

After the recent Centurion Bank of Punjab merger with HDFC Bank, there are talks that Development Credit Bank, a mid-sized private sector bank may merge with a larger private sector or a foreign bank before 2009.

Tata Motors to unlock value from profitable subsidiaries

10 jul 2007

India’s largest automotive company, Tata Motors may divest its stake in its well performing divisions into separate subsidiaries to derive business synergies and unlock shareholder value through IPO. Tata Motors has 30 subsidiaries in India and abroad, out of which 21 are profit making.

PE firm Blackstone may buy BPO firm Intelenet

16 jun 2007

Intelenet, a third-party BPO and ranked among the top 15 in India is up for sale and Blackstone is learnt to be in race to acquire equal stakes held by HDFC and Barclays Bank for a deal size expected between Rs.960-Rs.1000 crores.