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M&A

JSW Energy To Continue Hunt For Coal Mines Despite Setback

Infrastructure

01 June, 2011

JSW Energy To Continue Hunt For Coal Mines Despite Setback

JSW Energy will continue to scout for coal assets abroad though its acquisition of CIC Energy fell through as certain ......

Godrej Consumer Products Buys Majority Stake In Africa's Darling Group

General

01 June, 2011

Godrej Consumer Products Buys Majority Stake In Africa's Darling Group

Mumbi-based Godrej Consumer Products Ltd (GCPL) makes another foray into the global market as it has entered into an agreement ......

Tata Steel Sells 51% Stake In Tata Refractories To Nippon Steel Unit

Others

31 May, 2011

Tata Steel Sells 51% Stake In Tata Refractories To Nippon Steel Unit

Tata Steel has completed its 51 per cent stake sales in Tata Refractories Ltd to Krosaki Harima Corp, a unit ......

Schneider Electric Buys 74% of Luminous For Around $310M

Infrastructure

31 May, 2011

Schneider Electric Buys 74% of Luminous For Around $310M

French electrical-engineering and power-management company Schneider Electric SA said that it has acquired 74 per cent of the inverter and ......

Coromandel International To Buy Up To 73.2% Stake In Sabero Organics

Healthcare

31 May, 2011

Coromandel International To Buy Up To 73.2% Stake In Sabero Organics

Fertiliser-maker Coromandel International has struck a deal to acquire the entire 42.2 per cent stake in agri-chemicals maker Sabero Organics ......

ONGC-led Consortium Bids For Yamal LNG-Novatek stake

Infrastructure

30 May, 2011

ONGC-led Consortium Bids For Yamal LNG-Novatek stake

A consortium led by Indian group ONGC  has bid for a stake in Novatek's liquefied natural gas project in the ......

Rishabh Instruments Acquires Polish Firm Lumel S.A.

Infrastructure

30 May, 2011

Rishabh Instruments Acquires Polish Firm Lumel S.A.

Nashik-based Rishabh Instruments Pvt Ltd has acquired 85 per cent stake in Poland-based Lumel S.A. for an undisclosed sum. The ......

RBI Clarifies Norms For NBFCs Entering Insurance Biz

General

28 May, 2011

RBI Clarifies Norms For NBFCs Entering Insurance Biz

The Reserve Bank of India (RBI) on Friday clarified norms relating to equity contribution by non-bank finance companies (NBFCs) wanting ......

2nd Deal In A Row: Crompton Greaves Acquires US-Based QEI for $30M

Infrastructure

27 May, 2011

2nd Deal In A Row: Crompton Greaves Acquires US-Based QEI for $30M

Avantha Group’s engineering firm Crompton Greaves Ltd has struck its second deal in about a week by acquiring US-based company ......

Coal India in Talks to Buy Indonesia Mine Stake for Upto $1B

General

26 May, 2011

Coal India in Talks to Buy Indonesia Mine Stake for Upto $1B

Coal India, the world's largest coal miner, is in advanced talks to buy up to 40 percent of Indonesia's Golden ......

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