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Mergers & Acquisitions | 15 May 2012

Simplex Infrastructures Acquires Joy Mining Services

by Sushil Surana
Simplex Infrastructures Acquires Joy Mining Services
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Simplex Infrastructures Ltd. acquires 100% stake in Joy Mining Services India Private Ltd.

With this acquisition Simplex Infrastructure Ltd will expand its underground mining of coal and other minerals in India.

Genpact Acquires Ventureast Backed Atyati Technologies

Genpact Acquires Ventureast Backed Atyati Technologies

Genpact is acquiring Bangalore based Atyati Technologies, a technology platform provider for the rural banking sector in India. The deal is expected to close in 3-4 weeks, subject to satisfaction of certain customary conditions. Terms of the deal were not disclosed. According to the ...

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Avantha Group Sells Korba Power Project To Adani Power

Avantha Group Sells Korba Power Project To Adani Power

Marking its first phase of exit from the power generation sector, Gautam Thapar-controlled Avantha Power & Infrastructure is selling 100% stake in Korba West Power Company, the SPV executing the 1200 MW coal based thermal power plant.

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