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Commodities

CK Birla firm to buy two cement assets from Jaypee Group for $300 mn

Manufacturing

06 October, 2016

CK Birla firm to buy two cement assets from Jaypee Group for $300 mn

CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake ......

Blackstone-backed Monnet Ispat in talks to sell steel and power business

Manufacturing

28 September, 2016

Blackstone-backed Monnet Ispat in talks to sell steel and power business

Debt-laden Monnet Ispat and Energy Ltd (MIEL) is in advanced discussions with various investors for a stake sale in the ......

Essel Propack buys out partner in European JV

Manufacturing

21 September, 2016

Essel Propack buys out partner in European JV

Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, has acquired 75.1% stake it did not own ......

BP sells 8.5% stake in Castrol India

Manufacturing

20 September, 2016

BP sells 8.5% stake in Castrol India

London-headquartered energy giant BP Plc has sold 8.5% stake in public-listed lubricants arm Castrol India Ltd for Rs 1,824 crore ......

Edelweiss Financial Services may sell agri unit to Inditrade Capital

Manufacturing

16 September, 2016

Edelweiss Financial Services may sell agri unit to Inditrade Capital

Mumbai-based Edelweiss Financial Services is engaged in talks with south-based Inditrade Capital to sell its agri commodity business Edelweiss Agri ......

Indian Oil, GAIL to pick up 49% stake in Adani's Dhamra LNG terminal

Manufacturing

20 September, 2016

Indian Oil, GAIL to pick up 49% stake in Adani's Dhamra LNG terminal

State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd will tomorrow sign a pact to take 49 ......

Adani Ports to acquire Australia's Abbot Point Bulkcoal for $14.5 mn

Manufacturing

20 September, 2016

Adani Ports to acquire Australia's Abbot Point Bulkcoal for $14.5 mn

Adani Ports and Special Economic Zone (APSEZ) today said its arm APO has inked a pact to acquire Australian firm ......

ONGC Videsh buys 11% more in Rosneft's Vankor field for $930 mn

Manufacturing

15 September, 2016

ONGC Videsh buys 11% more in Rosneft's Vankor field for $930 mn

ONGC Videsh Ltd today signed an agreement to raise stake in Russia's Vankor oil field by 11 per cent to ......

Sicagen to acquire Danish Steel Cluster

Manufacturing

12 September, 2016

Sicagen to acquire Danish Steel Cluster

Sicagen India Ltd, a Chennai-based construction and industrial products company, has agreed to acquire Bengaluru-based Danish Steel Cluster Pvt. Ltd ......

Vini Cosmetics' promoter Darshan Patel, Nikhil Vora back Uniply to buy Vector Projects

Manufacturing

08 September, 2016

Vini Cosmetics' promoter Darshan Patel, Nikhil Vora back Uniply to buy Vector Projects

Plywood maker Uniply Industries Ltd is raising Rs 26.4 crore from a bunch of individual investors including Darshan Patel and ......

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