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| Religare readies $1 b for overseas buys – The Hindu Business Line reports that The Board of Religare Enterprises on Tuesday approved commitment of up to $1 billion for strategic investments in diversified asset management businesses globally. |
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| http://www.thehindubusinessline.com/2010/02/24/stories/2010022451861200.htm |
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| Shell to Seek 800 Million-Euro Offers for LPG Unit – Businessweek reports that Royal Dutch Shell Plc, which is seeking to focus on exploration and production, may sell its liquefied petroleum gas distribution unit, four people with knowledge of the plan said. |
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http://www.businessweek.com/news/2010-02-23/shell-said-to-seek-800-million-euro-
offers-for-european-lpg-unit.html |
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| Reliance Raises Bid for LyondellBasell - The Wall Street Journal reports that India's Reliance Industries Ltd. has again sweetened its offer to take control of LyondellBasell Industries when it exits bankruptcy, boosting its valuation of the chemical maker to $14.5 billion, according to a person familiar with the matter. |
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http://online.wsj.com/article/SB1000142405274870475130457508051086861161
0.html?mod=googlenews_wsj |
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| Banco Products to acquire Dutch firm for 17 mn euros – Business Standard reports that Auto component maker Banco Products (India) Ltd today said it will acquire the Netherlands-based Nederlandse Radiateuren Fabroiek BV and its subsidiaries for 17.70 million euros (about Rs 106 crore). |
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http://www.business-standard.com/india/news/banco-products-to-acquire-dutch-firm-
for-17-mn-euros/86457/on |
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| Mega Deals: $1 billion outsourcing contracts may come to India – The Economic Times reports that Outsourcing experts and industry officials told ET last week that auto customers too are looking to award large contracts for managing their business and IT systems this year. British Petroleum’s IT contract worth $1.5 billion awarded to Indian vendors TCS, Infosys and Wipro early this year was one such mega deal. |
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http://economictimes.indiatimes.com/infotech/ites/Mega-Deals-1-billion-outsourcing-
contracts-may-come-to-India/articleshow/5605000.cms |
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| Europe a growth market for outsourcing – The Hindu reports that Europe could be a smaller but growing market for outsourcing for Indian IT companies perturbed by the U.S. government’s stated antipathy towards outsourcing. |
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| http://beta.thehindu.com/business/Industry/article107778.ece |
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| Tata Steel: European operations turn around - Business Standard reports that the biggest worry for Tata Steel Europe is easing now, as it reported a profit at the earnings before interest, tax, depreciation and amortisation (Ebitda) level. |
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http://www.business-standard.com/india/news/tata-steel-european-operations-turn-
around/386032/ |
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| Wipro eyes acquisitions in healthcare, telecom sectors - Business Standard reports that software company Wipro today said it is scouting for acquisitions in the telecom, healthcare and energy utilities segment in the near future. |
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http://www.business-standard.com/india/news/wipro-eyes-acquisitions-in-healthcare-
telecom-sectors/385337/ |
