Resources

2010

Trade with Poland likely to double over the next three years - The Hindu Business Line reports that Indo-Polish bilateral trade is likely to double to $2 billion by 2013according to the Indian Ambassador to Poland

http://www.thehindubusinessline.com/2010/09/10/stories/2010091053120400.htm

New Holland Fiat to double capacity - The Hindu Business Line reports that tractor and farm implements maker, New Holland Fiat India Ltd plans to make its Indian operations a global manufacturing hub for the Italian parent company, Case New Holland (CNH).

http://www.thehindubusinessline.com/2010/09/10/stories/2010091052190200.htm

India's Essar's Aegis Unit Considers Europe, Emerging Markets Acquisitions – Bloomberg reports that Aegis Ltd., an outsourcing unit of India’s Essar Group, will pursue acquisitions in the Middle East, Europe, Latin America and Africa during the next two years.

http://www.bloomberg.com/news/2010-08-23/essar-s-aegis-outsourcing-unit-eyes-europe-emerging-markets-
acquisitions.html

Dabur acquires Turkish personal care firm for $69 m - The Hindu Business Line reports that Dabur India Ltd on Monday announced a $69-million acquisition of Turkish personal care products company Hobi Kozemtik Group.

http://www.thehindubusinessline.com/2010/07/27/stories/2010072753190700.htm

IT deals awarded by US, Europe decline – Mint reports that Global outsourcing advisory Technology Partners International Inc. (TPI) has reported a decline in the contract value of information technology (IT) outsourcing deals in key markets, raising fears that the recent spurt in demand for Indian IT firms might be shortlived.

http://www.livemint.com/2010/07/21214842/IT-deals-awarded-by-US-Europe.html?atype=tp

Animation co DQE eyes buys in US, EU - The Hindu Business Line reports that DQE, the animation and gaming content development company, is scouting for an acquisition of a company with good quality library and publishing.

http://www.thehindubusinessline.com/2010/07/20/stories/2010072050890700.htm

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.

http://www.thehindubusinessline.com/2010/02/24/stories/2010022451861200.htm

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.

http://www.businessweek.com/news/2010-02-23/shell-said-to-seek-800-million-euro- offers-for-european-lpg-unit.html

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.

http://online.wsj.com/article/SB1000142405274870475130457508051086861161 0.html?mod=googlenews_wsj

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).

http://www.business-standard.com/india/news/banco-products-to-acquire-dutch-firm- for-17-mn-euros/86457/on

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.

http://economictimes.indiatimes.com/infotech/ites/Mega-Deals-1-billion-outsourcing- contracts-may-come-to-
India/articleshow/5605000.cms

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.

http://beta.thehindu.com/business/Industry/article107778.ece

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.

http://www.business-standard.com/india/news/tata-steel-european-operations-turn- around/386032/

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.

http://www.business-standard.com/india/news/wipro-eyes-acquisitions-in-healthcare- telecom-sectors/385337/