Global financial services provider Religare Enterprises Limited, as a nominated adviser to three of the seven companies, will facilitate them in raising about $250 million (Rs 1,135 crore) from the London market.
GlaxoSmithKline (GSK), the UK's biggest pharmaceutical company is on the prowl for acquisitions in India, in line with its plans of an aggressive push into emerging markets.
New research published in the Harvard Business Review shows the heads of India's biggest companies have a very different approach to leadership from western bosses, and with the Indian economy predicted to grow by 7.5% in 2010, it could be time for western CEOs to learn from their Indian counterparts.
Indian CEOs lead with a sense of social purpose and value employees over shareholders, according to the research.
UK-based media house Independent News & Media (INM) has sold another 7.5% chunk of its holding in Indian publishing group Jagran Prakashan for £37million.
The move, which would value Essar's energy businesses at $12bn, would strengthen the groups position in the top ranks of Indias oil refining and electric power generation sectors.
The Open University has joined hands with several Indian IT firms for its MBA programme. The course aims to bridge the skill-gap amongst the workers and the organisational requirements.
