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Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

General

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

At least three global private equity firms are in a race to acquire power equipment firm Luminous ...

Sensex, Nifty post record closing highs in catch-up trade

Markets

Sensex, Nifty post record closing highs in catch-up trade

Indian shares notched record closing highs on Tuesday, playing catch-up with overseas gains after a ...

Metals tycoon Sanjeev Gupta targets Thyssenkrupp in steel consolidation move

Manufacturing

Metals tycoon Sanjeev Gupta targets Thyssenkrupp in steel consolidation move

Liberty Steel, founded by commodities tycoon Sanjeev Gupta, on Friday said it had made a non-binding...

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M&A Lab: Bhushan Steel on the mend in Tata avatar but ghost of bankruptcy haunts

Manufacturing

M&A Lab: Bhushan Steel on the mend in Tata avatar but ghost of bankruptcy haunts

In May 2018, Tata Steel Ltd acquired Bhushan Steel Ltd for Rs 35,200 crore in its biggest purchase ...

Grapevine: PE firms circle Edelweiss arm; TA Associates eyes Piramal Pharma

General

Grapevine: PE firms circle Edelweiss arm; TA Associates eyes Piramal Pharma

Bank of Singapore and several global private equity funds including Blackstone, KKR and Apax are in ...

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As coronavirus dampens demand, which companies have the biggest inventories?

Consumer

As coronavirus dampens demand, which companies have the biggest inventories?

The coronavirus pandemic has brought the world’s second-most populous country to a virtual ...

Tata Steel Europe to cut 1,250 jobs in turnaround push

Manufacturing

Tata Steel Europe to cut 1,250 jobs in turnaround push

Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs ...

Nifty, Sensex fall for second day as China virus fears persist

Markets

Nifty, Sensex fall for second day as China virus fears persist

Indian shares on Tuesday gave up early gains to settle lower for a second straight day, as worries ...

Nifty, Sensex settle lower on weak earnings, growth concerns

Markets

Nifty, Sensex settle lower on weak earnings, growth concerns

Indian shares ended lower for a second straight session on Tuesday, as a string of weak earnings ...

Sensex, Nifty fall as metal stocks drag on fresh trade war worries

Markets

Sensex, Nifty fall as metal stocks drag on fresh trade war worries

Indian shares closed lower on Tuesday, as metal stocks fell due to worries of a broadening trade war...