tataTata Power Delhi Distribution (TPDDL), a subsidiary of Tata Power, has bid for three power distribution companies in Nigeria.

BhartiWalmarteditedIndian 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.

RILIndia’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.

tataA 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.

RelianceMediaWorksMumbai-based film and entertainment services company Reliance MediaWorks has joined China-based Galloping Horse to make a winning bid for parts of Digital Domain Inc, owned by Hollywood filmmaker James Cameron.

DEEP END

 

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