Indian pharmaceutical firm Piramal Healthcare is scoping out acquisitions in the US and EU to expand its contract research and manufacturing services.
Tata Power Delhi Distribution (TPDDL), a subsidiary of Tata Power, has bid for three power distribution companies in Nigeria.
Indian conglomerate Bharti Enterprises is in talks with American retail giant Wal-Mart to explore a 50-50 joint venture partnership.
The two have been equal partners in the wholesale segment as Bharti Wal-Mart.
India’s Reliance Industries Limited (RIL) has agreed to purchase oil giant BP’s interests in purified terephthalic acid (PTA) production in Malaysia in a $230-million cash deal.
A Tata Group firm has acquired the wholesale business of Woolworths in India. Infiniti Retail Limited finalised the deal with the Australian retailer for an estimated A$35 million.
Indian tycoon Vijay Mallya is in talks with the UK’s Diageo group regarding a potential stake sale in his liquor business. The ongoing talks revolve around a stake in United Spirits.
