Government of India has lifted the cap on foreign investments in government bonds in order to arrange financing for the infrastructure projects in the country.
Cognizant is in talks for the acquisition of business process outsourcing firm, Genpact. Cognizant, the information technology giant said it is in advanced discussions with Genpact and will be making an announcement soon regarding its offer for Genpact.
Indian software solutions firm, Kale Consultants Friday reported that its backers are planning to sell about 35.61% of its stake to Accelya Holding World.
Swiss firm, M+R Spedag Group reported that it had acquired a stake in Indian firm PL Shipping & Logistics Private Ltd. M+R Spedag Group is a leading logistics and transportation services provider in Switzerland and has a presence with offices in major hubs across the globe.
It is no more hidden that more and more foreign investors are planning to set up ventures in India. Italian insurance company Generali has expressed the interest of investing on Indian land.
Government of India is planning to allow foreign investors to set up limited liability partnerships in sectors where 100% foreign investment is allowed.
US based Blackstone Group LP has announced that it was buying a stake in India's Moser Baer Project Pvt. The stake acquisition will cost the US firm $300 million or about Rs 1350 crore.
Indian Electricals and Electronics Manufacturers Association (IEEMA) revealed that a foreign direct investment in electrical products industry has increased in recent times. According to IEEMA major electrical products companies in the world are increasingly taking up acquisition investments in India.
Indian Steel manufacturing company, Sujana Metal Products, Sunday announced it plans to invest more than Rs 1,000 crore in expansion of its operations.
Air Works, a dominant player in India's Maintenance Repair and Operations (MRO), announced it is on the lookout for acquisition investments in its line of business overseas. Air Works is an Authorized Service Centre for Rockwell Collins, Gulfstream, Bombardier, Honeywell, Agusta Westland, Bell Helicopter and Superjet International.
Bharti Airtel intends to invest US$600 million in expansion of its mobile network in rural areas. The plans for expansion will be undertaken in Nigeria, through Bharti Airtel's newly acquired subsidiary.
Sumitomo Mitsui Banking Corporation reported that it intends to invest Rs 1,366 crore in an investment for the acquisition of a 4.5% stake in Kotak Mahindra Bank.
Nestle India Ltd is keen on investments in acquisitions in India as part of plans to boost the global Swiss food giant's growth in emerging markets. Nestle India Ltd will seek to grow its sales volume in India via investments and new products launch, it will try maintaining an operating margin by reducing production costs.
Swiss multi-national drug manufacturer, Roche Holding AG, announced that it intends to invest in the acquisition of diagnostic equipment makers and innovative diagnostic products in India.
Outbound Mergers and acquisition investments in India quadrupled in the first half of 2010, due to increased investment takeovers by Abbot Laboratories and Bharti Airtel.