GlobalLogic Inc has acquired Hyderabad-based Rofous Software Private Limited, a product and content engineering company.
The deal will help GlobalLogic to expand its presence in India and will add content engineering to its portfolio. The deal will take GlobalLogic's global workforce from about 4,000 employees to more than 5,500.
Punjab National Bank is planning to acquire 33% stake in Metlife India Insurance Company Limited.If the deal materializes it will increase fee income of the bank. The bank may also buy out other shareholders such as J&K Bank and Shapoorji ...
Gautam Thappar led, Avantha Group has trimmed its stake, selling 8.3% holding, in its flagship company, Crompton Greaves. The group sold 5.2 crore shares through a block deal which helped the firm mop up over INR1000 Cr.