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Commodities

KKR-backed Dalmia Bharat consolidates east India operations

Manufacturing

29 March, 2016

KKR-backed Dalmia Bharat consolidates east India operations

Cement maker Dalmia Bharat Ltd said on Tuesday it is consolidating its east India operations to simplify its corporate structure.The ......

Kesoram Industries to hive off rayon business

Manufacturing

28 March, 2016

Kesoram Industries to hive off rayon business

BK Birla's diversified firm Kesoram Industries Ltd has decided to transfer its rayon and transaction paper business for not less ......

KPMG and SBI Caps tasked to help devise a bailout package for the Indian steel industry

Manufacturing

28 March, 2016

KPMG and SBI Caps tasked to help devise a bailout package for the Indian steel industry

In an attempt to revive the beleaguered Indian steel industry, the steel ministry has tasked consultancy firm KPMG India and ......

KKR scores second India-related exit, to sell stake in Alliance Tire to Yokohama for over $1B

Manufacturing

26 March, 2016

KKR scores second India-related exit, to sell stake in Alliance Tire to Yokohama for over $1B

Private equity major KKR & Co has agreed to sell its controlling stake in off-highway tyre maker Alliance Tire Group ......

Tata Steel puts UK business on the block

Manufacturing

30 March, 2016

Tata Steel puts UK business on the block

Nine years after acquiring Corus to become Europe's second largest steel maker, Tata Steel has finally announced plans to sell ......

IFC to invest $60M in debt funding to DCM Shriram

Manufacturing

18 March, 2016

IFC to invest $60M in debt funding to DCM Shriram

International Finance Corporation will provide $60 million (Rs 408 crore) in debt funding to DCM Shriram Ltd, the World Bank’s ......

Indian manufacturers seek anti-dumping duty on imported steel

Manufacturing

17 March, 2016

Indian manufacturers seek anti-dumping duty on imported steel

Adding to the raft of representations made to the Indian government seeking protective measures, domestic manufacturers such as JSW Steel ......

OIL, BPCL, IOC to pick 30% stake in Russian Taas-Yuriakh oilfield for $1.3B

Manufacturing

16 March, 2016

OIL, BPCL, IOC to pick 30% stake in Russian Taas-Yuriakh oilfield for $1.3B

State-owned oil companies Oil India, Bharat Petroleum and Indian Oil Corp have entered into an agreement to acquire a 30 ......

India explores levying anti-subsidy duty on stainless steel imports from China

Manufacturing

14 March, 2016

India explores levying anti-subsidy duty on stainless steel imports from China

To counter subsidies provided to Chinese stainless steel manufacturers by its government, India is investigating whether to levy a duty ......

Are Odisha iron ore miners operating as a cartel?

Manufacturing

11 March, 2016

Are Odisha iron ore miners operating as a cartel?

India’s ministry of mines has directed its advisory body—Indian Bureau of Mines (IBM)— to look into an alleged case of ......

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