acquisition

TNI Bureau: Is Vijay Mallya going bankrupt because of the turbelence in Kingfisher Airlines? May be too early to predict, but Mallya-owned United Spirits has sold 53.4% stakes to UK-based Diageo Plc. The deal has been finalised at Rs…

TNI Bureau: India's largest engineering and construction company Larsen & Toubro (L&T) has acquired Malaysia-based electrical equipment maker Henikwon Corporation. The significant acquisition was made by L&T's wholly-owned…