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Equity

Infosys to acquire Panaya

Infosys is a leader in consulting, technology and next generation services, today announced a definitive agreement to fully acquire Panaya inc, a leading provider of automation technology for large scale enterprise software management, in cash, for an enterprise value of USD 200 million. This acquisition reflects infosys execution of its renew and new strategy to […]

Equity

ABCIL merge to Grasim

Aditya Birla Chemical India Ltd merge to Grasim through court approved. Merger court approved through scheme of amalgamation u/s 391 to 394 of the company act 1956 and / or the company act 2013. Merger approved date 1st april 2015. Aditya Birla Chemical India ltd assets and liabilities all transferred the appointed date to Grasim. […]

Equity

RBI , ECB signed MoU for co-operation in area of central banking

European Central Bank and The Reserve Bank of India has signed MoU for central banking co-operation. “Mr.Mario Draghi president of the European central bank and Raghuram Rajan governor of the Reserve bank of India  has has signed Memorandum of understanding for co-operation in the field of central banking” RBI said in a release. The memorandum […]

Equity

Pantaloons fashion & Retail Limited company approved NCD Rs 1000 Crore

Outcome for the board meeting of Pantaloon fashion & retail Limited company information given to the exchange board meeting held on Jan 07 2015. Pantaloon Fashion & Retail Limited company board directors approved Non convertable debentures upto Rs 1000 crore on private placement  basis. This Non convertable debentures allotment arranged one or more tranches, subject […]