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JK Paper bids to buy two units of Bilt

Manufacturing

05 July, 2016

JK Paper bids to buy two units of Bilt

Avantha Group firm Ballarpur Industries Ltd (Bilt), the country's largest paper company, said on Tuesday that it has received a ......

Carlyle-backed PNB Housing Finance files for $370 mn IPO

General

05 July, 2016

Carlyle-backed PNB Housing Finance files for $370 mn IPO

PNB Housing Finance Ltd has filed its draft red herring prospectus for an initial public offering (IPO) to raise up ......

India services output growth weakens in June

General

05 July, 2016

India services output growth weakens in June

India's services sector output grew in June at the second-weakest pace in 12 months as new business inflows slowed, a ......

Jaiprakash Associates saves deal to sell cement plants to UltraTech

Manufacturing

04 July, 2016

Jaiprakash Associates saves deal to sell cement plants to UltraTech

Jaiprakash Associates Ltd has finalised a deal to sell nearly two-thirds of its cement business to UltraTech Cement Ltd, in ......

NSE valued at $2.7 bn ahead of planned IPO

General

04 July, 2016

NSE valued at $2.7 bn ahead of planned IPO

National Stock Exchange of India Ltd (NSE) that set the ball rolling for its initial public offering (IPO) last week, ......

TeamLease to take over ASAP Info Systems for $10 mn

General

04 July, 2016

TeamLease to take over ASAP Info Systems for $10 mn

Staffing service provider TeamLease Services Ltd has agreed to acquire Bangalore-based ASAP Info Systems Pvt. Ltd for Rs 67 crore ......

Tatas sell 5.1% of luxury hotel chain Belmond for $50 mn

Consumer

01 July, 2016

Tatas sell 5.1% of luxury hotel chain Belmond for $50 mn

Indian Hotels Co Ltd, the firm behind Taj Hotels, has sold 5.1% stake in Belmond Ltd, the firm that ran ......

Fairfax-controlled Quess Corp's IPO records highest investor interest in over 8 years

General

01 July, 2016

Fairfax-controlled Quess Corp's IPO records highest investor interest in over 8 years

The initial public offering of business services provider Quess Corp Ltd received bids for a whopping 144 times the number ......

Mahanagar Gas jumps on stock market debut

Infrastructure

01 July, 2016

Mahanagar Gas jumps on stock market debut

Gas distributor Mahanagar Gas Ltd made a strong debut on the stock markets on Friday with its shares listing 28% ......

GMR to sell two transmission projects to Adani

Infrastructure

01 July, 2016

GMR to sell two transmission projects to Adani

GMR Energy Ltd (GEL) said on Friday it has entered into definitive agreements with Adani Transmission Ltd (ATL) to sell ......