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 Exclusive: Galaxy Surfactants in sale talks with overseas firms

Ranjani Raghavan

Mumbai-based Galaxy Surfactants Ltd., which makes ingredients for soaps and washing powders, is in talks with overseas firms to divest a controlling stake in the company, three people familiar with the development told VCCircle.

Bombay High Court asks ONGC to release $21 mn in payments to Swiber

Maulik Vyas

A local unit of Singapore’s Swiber Holdings Ltd, which is battling bankruptcy at home, has got a breather after the Bombay High Court directed state-run explorer Oil & Natural Gas Corporation to release $21 million to the oilfield services contractor that it can use partly to pay its Indian v

Endurance Tech extends gains to 37% in stellar stock market debut


Auto-components maker Endurance Technologies Ltd made a dream debut on the stock exchanges on Wednesday with its shares listing at a premium of 21% to its issue price and then extending the gains to end 37% higher.

Century Textiles drags Snapdeal, its founders to court over trademark infringement

Maulik Vyas

Century Textiles and Industries Ltd has filed a case against e-commerce marketplace Snapdeal, its founders Rohit Bansal and Kunal Bahl, and KK Modi Group company Modicare Ltd in the Bombay High Court for trademark infringement of one of its products.