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Sumitomo Chemical to buy 44% stake in Excel Crop Care for $90 mn

Manufacturing

06 June, 2016

Sumitomo Chemical to buy 44% stake in Excel Crop Care for $90 mn

The promoter group of Excel Crop Care Ltd, the Shroff family, has entered into a definitive agreement to sell its ......

Reliance Industries to sell 76% in Gulf Africa Petroleum to Total

Manufacturing

31 May, 2016

Reliance Industries to sell 76% in Gulf Africa Petroleum to Total

Reliance Industries Ltd has entered into a pact with Total Marketing & Services, a subsidiary of French oil and gas ......

Samara Capital to exit Asian Oilfield with over 50% loss

Manufacturing

26 May, 2016

Samara Capital to exit Asian Oilfield with over 50% loss

Private equity fund Samara Capital Partners has agreed to sell its entire 56.32% stake in Asian Oilfield Services Ltd to ......

Bids for Tata Steel UK business set to be finalised

Manufacturing

24 May, 2016

Bids for Tata Steel UK business set to be finalised

Formal bids for Tata Steel's loss making UK assets are set to be finalised on Monday, with a shortlist being ......

BP sells 11.5% stake in Castrol India for $308 mn

Manufacturing

19 May, 2016

BP sells 11.5% stake in Castrol India for $308 mn

British energy giant BP Plc's wholly owned unit Castrol Ltd on Thursday sold an 11.5% stake in its Indian lubricants ......

Tata Steel drops plan to merge two subsidiaries with itself

Manufacturing

17 May, 2016

Tata Steel drops plan to merge two subsidiaries with itself

Tata Steel Ltd has decided to drop its plan to merge subsidiaries Tata Metaliks Ltd and Tata Metaliks DI Pipes ......

Railways to appoint senior officials as key customer managers

Manufacturing

13 May, 2016

Railways to appoint senior officials as key customer managers

As part of the exercise undertaken by the Indian Railways to improve freight revenue, key customer managers will shortly be ......

Govt notifies draft rules for transfer of mines, seeks comments till 25 May

Manufacturing

12 May, 2016

Govt notifies draft rules for transfer of mines, seeks comments till 25 May

The government on Wednesday notified draft rules for transfer of captive mine leases in the event of ownership changing hands.According ......

India misses mineral drilling targets for FY16

Manufacturing

11 May, 2016

India misses mineral drilling targets for FY16

Despite efforts to increase the country’s mineral production, India has failed to achieve mineral exploration targets for financial year 2015-16 ......

Railways to charge uniform freight charges for domestic iron ore consumption and exports

Manufacturing

10 May, 2016

Railways to charge uniform freight charges for domestic iron ore consumption and exports

In an attempt to boost iron ore exports, the Indian Railways has decided to withdraw the dual freight policy for ......

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