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Mergers & Acquisitions | 11 April 2013

Delhi Press Plans To Buy Man's World Magazine

by Pranav Puri
 
@pranav
Delhi Press is in talks to buy Man's World. Delhi Press is also interested in buying rights to publish Rolling Stone in India, Mint states.

Radhakrishnan Nair, editor of Man's World and Rolling Stone India said that since past 6 months they have been looking for investments from publishing house and private individuals to maintain their pace of expansion.

HDFC Life, Manulife Identified As Bidders For HSBC's India Insurance Stake

HSBC is selling its 26% stake in Indian insurance arm and it has received interests from notable bidders.

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Atishay Infotech To Go Public Through SME Platform

Mumbai based Atishay Infotech Limited has filed DRHP on BSE SME platform for the issue of 2.3 Mn equity shares at a price of INR 16 per unit aggregating to INR 37.1 Cr. The issue constitutes 26.41% of the paid up equity share capital of the company.

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