Mukesh and Anil Ambani have cancelled all existing non-compete agreements between their groups, drawn-up during the Reliance re-organization in 2006. (BL)
Piramal Healthcare sells its domestic formulations business to US-based Abbott in a deal worth US$3.72bn. (BS)
DLF is in talks with Government of Singapore Investment Corporation, Abu Dhabi Investment Authority and Kuwait Investment Authority to sell majority stake in luxury hotel chain Aman Resorts. (BS)
Infosys is looking to bid for US-based Logica for ~Rs185bn. (BS)
Bank of Rajasthan shareholders to gain one share of ICICI Bank for every 4.72 shares of Bank of Rajasthan. (BS)
Jindal Power is looking to set up a hydro-power project in Nepal at an estimated cost of Rs15bn as part of its multi-billion dollar programme in the energy space. (BS)
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