Idea-Spice-Telekom Malaysia deal – What is the best case scenario?

11 jun 2008

The much written about stake sale of Spice Communication is still witnessing its own turn of new permutations and reports for the exact contour of the deal, though nothing has been officially confirmed.

Firstsource Solutions on sale: Warburg, Blackstone, Carlyle in running

26 may 2008

ICICI Bank which has a 26.8% stake in BPO firm, Firstsource Solutions is looking to divest its stake as it feels it derives little synergy from the company. Other major investors in Firstsource includes Temasek (which also has over 7% stake in ICICI), Metavante (US based banking solution firm) and Sequoia Capital/ As per Economic Times report, BPO firm WNS Holdings (owned by Warburg Pincus) may either merge or acquire Firstsource Solutions by buying out stakes held by ICICI Bank and other PE investors.

Brand Integration on cards for retail majors

23 may 2008

To address the problem of running too many brands and overlapping business operations, two of the biggest retail players, Spencer’s and Future Group have decided to reduce the number of brands and store formats.

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.

HDFC Bank acquiring Centurion Bank of Punjab, shape of things to come ahead

22 feb 2008

If it happens, it could be indeed the largest banking sector consolidation ever in India. According to reports on CNBC-TV18 and The Economic Times, HDFC Bank is most likely to takeover Centurion Bank of Punjab and the board is scheduled to meet on February 23 for the decision.

Kingfisher merging into Deccan – Yes, a possibility

21 nov 2007

Normally, an underperformer, the Deccan Aviation stock saw hectic buying on stock exchanges on rumours of a reverse merger with Kingfisher Airlines after delisting itself from the stock exchange. Instead, Kingfisher Airlines would list itself on the stock exchange.

Another telecom merger on cards – but a passive one

07 oct 2007

In the run up to unlocking value in the tower business by telecom companies, there is now talk of a possibility of a merger of the tower business of three GSM mobile operators – Bharti Airtel, Vodafone and Idea Cellular which would create a mega tower company.

SBI looking to add an ICICI Bank to its kitty

28 aug 2007

To prepare itself from the threat of increased foreign competition post 2009 and need for capital for expansion, State Bank of India has kicked of a process to merge its 7 associate banks in itself.

Reliance Communications interested in Aircel to expand GSM footprint

20 aug 2007

Anil Ambani’s Reliance Communications is looking at acquiring a controlling stake in Aircel Cellular Ltd. by buying out stake from Malaysian company Maxis Communications, who hold 74% stake and possibly from promoters of Apollo Hospitals who hold remaining 26%.

Spicejet attracts Ryanair interest

01 aug 2007

The Indian low-cost carrier model is being looked with interest not only from domestic players like Jet, Kingfisher and Paramount but also from foreign players. Dublin-based Ryanair, Europe’s biggest low-cost carrier is learnt to be interested in picking up a stake in SpiceJet.