Commodities
Manufacturing
ONGC Videsh looks to acquire stake in Rosneft's Tagul field
As part of India’s energy security strategy to leverage depressed crude oil prices to secure overseas assets, state-run ONGC Videsh ......
Manufacturing
TCG acquires controlling stake in Indian unit of Mitsubishi Chemical
NRI entrepreneur Purnendu Chatterjee-led private equity firm The Chatterjee Group (TCG) has picked up a majority stake in Mitsubishi Chemical ......
Manufacturing
Vedanta sweetens merger plan for Cairn shareholders
A year after London-listed mines and energy company Vedanta Resources Plc moved to merge cash rich oil unit Cairn India ......
Manufacturing
ONGC Videsh raises $1 bn to finance Russian oil field deal
State-run ONGC Videsh Ltd (OVL) raised $1 billion from the international market to refinance its acquisition of a 15% equity ......
Manufacturing
Local govt to invest $133 mn in Tata Steel's Canadian iron ore project
Tata Steel today said the Quebec government will invest Canadian $175 million (about USD 133 million) in its joint venture ......
Manufacturing
Prem Watsa-led Fairfax to acquire 51% in Privi Organics for $55 mn
Fairfax India Holdings Corporation, part of India-born Canadian billionaire Prem Watsa's Fairfax Group, has signed a pact to acquire a ......
Manufacturing
Nalanda Capital almost exits Carborundum with average returns
Nalanda Capital, an India-focused PE-style investor in public equities, has sold bulk of its holding in Murugappa Group's abrasives company ......
Commodities
LafargeHolcim to sell Lafarge India to Nirma for $1.4 bn
LafargeHolcim Ltd said on Monday it has agreed to sell Lafarge India Pvt Ltd to Nirma Ltd for $1.4 billion ......
Manufacturing
Bilt's $500 mn deal to sell Malaysian unit comes unstuck
Ballarpur Industries Ltd (Bilt), India’s largest paper company, said on Wednesday it has scrapped its proposed deal to sell loss-making ......
Manufacturing
JK Paper bids to buy two units of Bilt
Avantha Group firm Ballarpur Industries Ltd (Bilt), the country's largest paper company, said on Tuesday that it has received a ......