Spice Group acquires Indian subsidiary of Dubai’s Cellucom

August 27th, 2009 First Horizon Insurance acquires Sandlin InsuranceMEMPHIS, Tenn. — First Horizon Insurance Group Inc.

July 30th, 2009 Commerzbank sells Swiss subsidiaryFRANKFURT — Germany's Commerzbank AG said Thursday that it is selling a Swiss subsidiary which specializes in private banking to Vontobel Group of Switzerland. Financial details of the sale of Commerzbank (Switzerland) were not disclosed.

July 30th, 2009 Sport Supply Group acquires assets from Har-BellDALLAS — Sport Supply Group Inc. said Thursday it has bought some team sports assets from Har-Bell Athletic Goods.

July 10th, 2009 KOLKATA - Material handling equipment major TRF Ltd, a Tata group enterprise, has acquired a controlling stake in Sri Lanka's Dutch Lanka Trailer for $8.67 million, a top company official said here Friday. "This is our second acquisition in two years.

July 1st, 2009 KOLKATA - Despite the current uncertainty in the global steel industry, Japan's Kobe Steel has set up a subsidiary here to market machinery and related equipment, a senior company official said. "We planned this project two years back.

June 26th, 2009 NEW DELHI - As many as 22 new TV channels are set to spice up the menu of couch potatoes in India, with Information and Broadcasting Minister Ambika Soni clearing all pending proposals Friday. Soni has granted clearance to all pending proposals which were received before she took charge, the information and broadcasting ministry said here.

June 13th, 2009 MUMBAI - Indian Hotels Co, which owns the Taj Group of hotels, has acquired Sea Rock Hotel, one of suburban Mumbai's oldest five-star properties, for Rs.680 crore ($143 million). The Tata-owned Taj Group announced late Friday that it has acquired 85 percent stake in ELEL Hotels and Investments, which owns the property on which Sea Rock Hotel is built in southern Bandra.

June 4th, 2009 MUMBAI - Bank of Baroda, Indian Overseas Bank and Andhra Bank will set up a joint subsidiary in Malaysia, it was announced Thursday. "The subsidiary is proposed to be named as India BIA Bank (Malaysia) Bhd," Bank of Baroda said in a regulatory statement.

May 11th, 2009 KATHMANDU - Despite growing labour trouble, tobacco giant ITC's joint venture in Nepal remains one of the top tax payers in the Himalayan republic, coming second after the state-run Nepal Telecom. Surya Nepal, ITC's joint venture with British American Tobacco and private Nepali shareholders including members of Nepal's former royal family, was the second-highest tax payer in 2007-08, according to Nepal's apex bank Nepal Rastra Bank (NRB).

April 20th, 2009 WASHINGTON - Tumeric power, a spice regarded as auspicious and anticeptic in India, has finally yielded its healing secrets, according to scientists. Ayyalusamy Ramamoorthy, professor of biophysics, University of Michigan, who conducted the study along with colleagues, pointed out that turmeric has been used for centuries in Indian folk medicine to treat wounds, infections and other health problems.

March 22nd, 2009 LONDON - Former Spice Girls singer Geri Halliwell has someone new in her life less than a fortnight after splitting from Italian billionaire Fabrizio Politi. Halliwell has been regularly spotted with this mystery man who she also introduced to her sister Natalie, reports thesun.co.uk.

March 21st, 2009 KOLKATA - ICRA Techno Analytics Inc, a wholly-owned subsidiary of Kolkata-based ICRA Techno Analytics Ltd (ICTEAS), has acquired 100 percent stake in US firm Sapphire International Inc with an investment of $1 million (over Rs.50 million) over the next one year. 'The total investment for the acquisition is about $1 million and we are making the payment over a period of the next one year,' ICRA Ltd vice-chairman and group CEO P.K Choudhury told a press conference here Friday.

March 3rd, 2009 LONDON - Former Spice girl Melanie Brown loves the clothes designed by her fellow Spice girl Victoria Beckham. 'I saw Victoria's new clothing line and I simply loved it.

February 25th, 2009 NEW DELHI - GMR Energy Ltd has acquired 33.5 percent stake in Canada-based Homeland Energy Group (HEG), it was announced Tuesday. HEG has strategic interests in coal projects in South Africa and other parts of the world.

December 24th, 2008 NEW DELHI - Former Spice Girls star Emma Bunton, who receives an annual Christmas card from British royals - princes Williams and Harry - says this year she wants to send one back to them. Contactmusic.com reports that the pop singer, also known as 'Baby Spice', first met the young princes during the height of her career in the girl band.