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Reliance Infra buying management control of Pipavav Defence for over $187M


It would hold 25.1-43.66 per cent stake in the company.

Volvo sells 4.7% stake in Eicher Motors for around $310M

Bhawna Gupta

In 2008, Volvo had picked 8.1 per cent stake in the Indian company for $34 million.

WestBridge raises stake in Greenply to 12.8% for around $10M

Anuradha Verma

Greenply's laminates business has been demerged into a separate listed firm Greenlam.

Manufacturing activity slows to 5-month low: HSBC survey

Ishaan Gera

New export business increases at stronger rate.



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