UB Group buys Whyte & Mackay for £595 million India's United Breweries (UB) Group, the world's third largest spirits maker, has announced the acquisition of Whyte & Mackay for £595 million ($1.2 billion) in an all-cash transaction. 16 May 2007
82.
AV Birla group eyes Piramyd Retail India's leading business conglomerate the Aditya Birla Group is reportedly eyeing Mumbai-based Piramyd Retail Ltd. 13 May 2007
83.
India, US set up joint private sector advisory group India and the US have set up a private sector advisory group of international business and trade experts to provide strategic advice so as to boost bilateral trade, which is targeted to double in the next three years. 21 Apr 2007
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Starwood expands links with ITC in India Starwood Hotels & Resorts Worldwide Inc has tied up with the hotels division of ITC Ltd to bring its brand, the Luxury Collection, to India, company officials said. 12 Apr 2007
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Citigroup to cut jobs, Indian headcount to rise Major international financial conglomerate based in New York, Citigroup Inc. may eliminate 17,000 jobs or nearly 5 percent of its global workforce, even as it plans to move 9,500 positions to India and other low-cost locations. 11 Apr 2007
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Citigroup to be known as Citi, dumps red umbrella Hoping to add customers and sell more products with a coherent marketing strategy, Citigroup has announced that it will rebrand itself as 'Citi,' and sell its trademark red umbrella to St. Paul Travelers Cos. 15 Feb 2007
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Wipro acquires Swedish co. for $ 31 million Wipro Infrastructure Engineering (WIN) has announced its entry into the European market with the acquisition of a 100 percent stake in the Sweden-based Hydrauto Group AB (Hydrauto). 12 Dec 2006
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Tatas to invest $ 26 billion in 3 years India's leading business conglomerate has announced its plans of investing Rs. 120,000 crore ($ 26 billion) in the next three to five years in telecommunications, steel, chemicals, power and other industries. 05 Sep 2006
