Reliance Big Entertainment has acquired the digital images business of US-based DTS Inc

Anil Ambani group acquires digital images business of US firm





New Delhi, Apr 9 (PTI)

Anil Ambani-promoted Reliance Big Entertainment has acquired the digital images business of US-based DTS Inc for an undisclosed amount.
The American firm's business DTS Digital Images (DDI), also known as Lowry Digital Images, offers picture quality improvement services to movies, television and video content in Hollywood, Reliance Big Entertainment said in a statement today


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Tata makes hostile offer to acquire Brazilian ore miner AVG

Tata makes hostile offer to acquire Brazilian ore miner AVG






New Delhi, Apr 11 (PTI)

After a spectacular takeover of Corus, Tata Steel has made a hostile offer to acquire Brazilian iron ore miner AVG, which is owned by global mineral giant MMX.

The Steel Business Briefing (SBB) quoted a MMX President Eike Batista as saying that the domestic steel giant has made the offer.