Commodities
Manufacturing
De Beers draws interest from billionaire Anil Agarwal, Qatari funds
Diamond giant De Beers has drawn interest from at least six consortia, including billionaire Anil Agarwal, Indian diamond firms and ......
Manufacturing
China's Sinopec to form $4 bn JV with Saudi Aramco unit
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a ......
Manufacturing
Saudi Aramco looks to invest in BPCL, ONGC refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......
Manufacturing
Russia-backed refiner Nayara lines up $217.5-mn share buyback
Private refiner Nayara Energy, majority owned by Russian entities, including oil major Rosneft, will make a $217.5-million (Rs 1,894 crore) ......
Manufacturing
Vedanta's shareholders, creditors clear way for five-way split
Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on ......
Manufacturing
ADNOC sets up international investment arm XRG
United Arab Emirates state oil group ADNOC on Wednesday announced the launch of XRG, an investment company focusing on lower-carbon ......
Manufacturing
Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines
Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......
Manufacturing
ADNOC to acquire German chemicals company Covestro for $16 bn
Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, ......
Consumer
Bottomline: PE-owned Halonix's sales sputter but profit jumps; eyes new growth areas
Halonix Technologies Pvt. Ltd, a lighting products maker controlled by private equity firm TPG NewQuest, recorded a decline in its ......
Manufacturing
Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG
Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......
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