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12 biggest acquisitions by indian companies

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12 biggest acquisitions by indian companies

  1. 1. News Home News Community Education Cities Job Board Life Company Spotlight More Women CEOs Who Earn Whopping Salaries 5 Bigwigs Who Are Blamed For Economic Crisis World's Most Favorite Personal Care Brands Countries Where You Can Easily Start a Business Tweet 25 25 Like 54 8 News >>Business >> 12 Biggest Acquisitions by Indian Companies By SiliconIndia | Wednesday, 10 April 2013, 18:43 IST | 3 Comments Print Email Bangalore: Acquisition smaller companies or companies of similar size are one of the best ways to expand business. Most of the acquisition takes place in the same fields of business. Indian economy is growing significantly over the years and the industry sector plays an important role in this growth. Whether in the home country or in any host nation, Indian companies are excelling with their own business and also by acquiring other companies. Indian companies have acquired many significant companies across the globe and have expanded their business successfully. Rediff has provided a vivid list of acquisitions by Indian companies. 1. Tata Group Acquired Corus, October 2006 Deal size: $12.98 billion, Country: United Kingdom Tata Steel is India’s second largest steel company with a capacity of producing 3.8 million tonnes of crude steel. It has most of its plant in Jamshedpur, Jharkhand. It is considered as one of the best companies in producing steel. In October 2006, Tata Steels acquired Corus with an outstanding price of $12.98 billion. 2. Bharti Airtel acquired Zain Africa, February 2010 Deal size: $10.7 billion, Country: Kenya At present, Bharti Airtel is the largest mobile network in India. It is also expanding its reaches throughout the globe. In February, 2010, Bharti Airtlel added 180 million new customers in its list by acquiring an African Mobile Network provider called Zain Africa. This acquisition took place against an amount of $10.7 billion. Most Read Most Commented Special Join Hands to Build a Smarter India: Sign in | Join now General | Technology | Enterprise | Startups | Finance | Business | Career | Movie reviews | Life | US Indian | Gadgets Most Popular ( 1-4 of 16 ) Indian CEOs Benefit From The Rupee Fall Investors Hopeful About Global Economy Rich Nations Must Not Harm Emerging Economies Bigwigs Blamed For India's Economic Crisis Companies That Are Hit Hard By Falling Rupee Waves In U.S. Economy Causes Tremor In India 10 Popular Brands Indians Can't Live Without Leverage your Java skills with SAP HANA Cloud Platform ShareShare 12 Biggest Acquisitions by Indian Companies http://www.siliconindia.com/news/business/12-Biggest-Acquisitions-by-... 1 of 3 9/27/2013 9:49 AM
  2. 2. Don't Miss ( 1-5 of 15 ) 10 Companies That Like To Keep It S... Top Brands Betting High on Rural Ni... Fall of India's Biggest Wealth Crea... Rupee Plunge Creates Uncertainties ... World's Most Favorite Personal Care... Birendra Sasmal MD Subah Infosolutions CEO Amit Tiwari CEO & MD MK Technologies CEO Deepanjan Paul System Analyst IBM Mobile Sharad Agarwal Team Lead Infosys QA Amit Jagdishbhai Choksi Sr. Manager ESSAR STEEL Marketing Experts on SiliconIndia Haricharan Mylaraiah CEO Ideas Software CEO Write your comment now 3. Hindalco Industires acquired Novelis , February 2007 Deal size: $5.73 billion, Country: Canada Hindalco Industries is one of the main branches of the Aditya Birla group. It is headquartered in Mumbai and is one of the largest producers of aluminum in the world. On the other hand, Novelis is a Canadian company which has been the best in its kind during 2007. Few years back, Hindalco acquired Novelis with an outstanding amount of $5.73 billion. Also Read: Top 10 Companies with Zero Debt 5 Most Desired Brands and Their History 1 2 Next> Deepali Yateen Gokhale Key Accounts Manager EduRiser Learning So Marketing Mahadev Prasad Agnihotri Asst Manager IndiaMART Marketing Sign Up for DailyDose and Read the Day's Highlights Email - Latest Newsletter Don't Miss SI Bloggers (1-4 of 8) Enterprise Video Conferencing Solutions Vs Skype Awadhesh Pandey, Web Analyst Why Is Customer Satisfaction Important? Swarup Sarkar, Joint General Manager Get Money Back With Ppi Claims James Enright, United States Vision 2020...My India Yashwant P Deore, Foreign Language guide Terms of Use SPOTLIGHT Business Corner 10 Popular Brands Indians Can't Live Without When people go shopping for consumer brands, they usually prefer to pick up the one that has satis.. Countries Where You Can Easily Start a.. 10 Tycoons Who Are No Longer Billionai.. 5 Bigwigs Who Are Blamed For India's E.. 5 Companies That Are Hit Hard By Falli.. 10 Most Successful Global Franchises Radha Sr Manager Dr. Renu Head Sanjeev VP Prasad Head HR SK Naresh President Chandran Head HR Meet Experts From HR Community 12 Biggest Acquisitions by Indian Companies http://www.siliconindia.com/news/business/12-Biggest-Acquisitions-by-... 2 of 3 9/27/2013 9:49 AM
  3. 3. Reader's comments(3) 1: Hi i am sumit. I am working in MNC company but now I would like to open my own-business.There i can earn good amount. 9312819073 Posted by:sumit - 25 Apr, 2013 Reply Report abuse 2: big deal... Posted by:ranjan - 15 Apr, 2013 Reply Report abuse 3: Indians have the potential to rule the entire world. It just needs the zeal. Cheers!!! Posted by:Farhan - 11 Apr, 2013 Reply Report abuse SiliconIndia: About Us | Contact Us | Help | Community rules | Advertise with us | Sitemap | Question & Answer News: Technology | Enterprise | Gadgets | Startups | Finance | Business | Career | Magazine | Newsletter | News archive Cities: CEO | Startup | Mobile | CIO | Women | BI | HR | SME | Cloud | Marketing | QA | Java | Web Developer Community: Members | Blogs | Indian Entrepreneurs | Gyan | Advice | Community | Find | Events | CXO Insights Job Board: Jobs | Freshers | Companies | HR Speak | Forum Online Courses: Web Developer | Java Developer | CCNA Training | SEO | SAS | SQL Server 2005 | J2EE Education: MBA | MCA | Engineering | Training Institute Life: Real Estate | Travel | Finance | Gadgets | Movie Reviews | Jokes Send your feedback and help us continue to improve SiliconIndia © 2013 SiliconIndia all rights reserved 12 Biggest Acquisitions by Indian Companies http://www.siliconindia.com/news/business/12-Biggest-Acquisitions-by-... 3 of 3 9/27/2013 9:49 AM

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