Omaxe, a real estate development major in India, has formed a wholly owned subsidiary named Rohtas Holdings Gulf at Dubai, U.A.E, in order to develop its construction project in Gulf.
US-based Cognizant has acquired Strategic Vision Consulting (SVC), a leading management and technology consulting firm with over 60 employees serving the media and entertainment industry.
India-based Axis Bank Ltd.'s private equity division, Axis PE, has invested Rs 75 crore and Rs 67 crore in Neesa Leisure Limited and Corrtech International Pvt. Ltd respectively.