Manufacturing
BP sells 11.5% stake in Castrol India for $308 mn
British energy giant BP Plc's wholly owned unit Castrol Ltd on Thursday sold an 11.5% stake in its Indian lubricants ......
Consumer
Parag Milk jumps after tepid stock market debut
Dairy firm Parag Milk Foods Ltd made a muted debut on the stock markets on Thursday but rallied to end ......
TMT
Tatas to sell 74% of data centre biz to ST Telemedia for $635 mn
Tata Communications Ltd will sell a majority stake in its data centre business to Singapore Technologies Telemedia for about $635 ......
Infrastructure
Kautilya Finance invests in Shree Vardhman Developers
Kautilya Finance BV, an Amsterdam-based fund managed by real estate investment firm Aevitas Property Partners, has backed an ongoing residential ......
Consumer
Indian consumer confidence shoots but so does recessionary sentiment
Consumer confidence in India improved in the January-March quarter to its highest level since 2007, according to the Nielsen Consumer ......
Infrastructure
Indian Hotels plans to sell Taj Boston for at least $125 mn
Indian Hotels Company Ltd has decided to sell the Taj Boston hotel, in the latest planned sale by the diversified ......
General
IFC to invest $20 mn in microlender Grameen Koota
International Finance Corporation (IFC), the World Bank’s private-sector lending arm, will invest up to Rs 135 crore ($20 million) in ......
Infrastructure
China's Jiangsu Longzhe offers to invest $125 mn in Diamond Power
Jiangsu Longzhe Technology and Trade Development Co Ltd has offered to invest $125 million (about Rs 825 crore) in Diamond ......
TMT
Top Flipkart investor Tiger Global slashes stake in Amazon
Hedge fund Tiger Global Management, the biggest investor in Flipkart, has slashed its stake in the Indian e-commerce firm’s US ......
General
IFC, ADM Capital float $200 mn platform to back stressed Asian firms
International Finance Corporation and Hong Kong-based investment management firm ADM Capital will set up a lending ......
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