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Commodities

UltraTech to buy bulk of Jaypee Cement for $2.4B

Manufacturing

28 February, 2016

UltraTech to buy bulk of Jaypee Cement for $2.4B

UltraTech Cement Ltd has struck a mega deal to acquire almost the entire cement business of Jaiprakash Associates Ltd at ......

Ultratech scraps deal to buy Jaiprakash Associates' cement plants

Manufacturing

26 February, 2016

Ultratech scraps deal to buy Jaiprakash Associates' cement plants

Ultratech Cement today said it has called off a deal with Jaiprakash Associates (JAL) to acquire its two plants in ......

Kesoram Inds to raise $26M from IndusInd, promoters

Manufacturing

17 February, 2016

Kesoram Inds to raise $26M from IndusInd, promoters

BK Birla's diversified firm Kesoram Industries Ltd is looking to raise Rs 180 crore (approximately $26 million) through a preferential ......

Tata Chemicals' arm to sell entire stake in Grown Energy Zambeze

Manufacturing

16 February, 2016

Tata Chemicals' arm to sell entire stake in Grown Energy Zambeze

Tata Chemicals Ltd's Mauritius-based wholly-owned subsidiary Bio Energy Venture -1 has signed a definitive agreement with Rademan Janse van Rensburg ......

Current downturn in resources is the steepest I have witnessed: Vinay Prakash Goel

Commodities

15 February, 2016

Current downturn in resources is the steepest I have witnessed: Vinay Prakash Goel

Vinay Prakash Goel, chief executive officer-mining and trading, has spent around 15 years at Adani Enterprises Ltd, India’s largest coal ......

Fairfax India ends up with 45% stake in ADI Finechem as open offer fails

Manufacturing

12 February, 2016

Fairfax India ends up with 45% stake in ADI Finechem as open offer fails

The open offer launched by Fairfax India Holdings Corporation to acquire an additional 26 per cent stake in specialty chemicals ......

Apcotex buys out Omnova Solutions India for $5.3M

Manufacturing

10 February, 2016

Apcotex buys out Omnova Solutions India for $5.3M

Mumbai-based Apcotex Industries Ltd has acquired emulsion polymers maker Omnova Solutions India Pvt Ltd (OSIPL), the Indian arm of US-based ......

Lafarge gets revised divestment order from competition watchdog

Manufacturing

09 February, 2016

Lafarge gets revised divestment order from competition watchdog

LafargeHolcim, the world's biggest cement maker, said on Tuesday it has received a revised order from the Competition Commission of ......

IFC to lend $40M for SRF's packaging unit

Manufacturing

08 February, 2016

IFC to lend $40M for SRF's packaging unit

International Finance Corporation (IFC), the private-sector lending arm of World Bank, is lending up to $40 million to public-listed specialty ......

Reliance Infra to sell cement unit to Birla Corp for $710M

Manufacturing

04 February, 2016

Reliance Infra to sell cement unit to Birla Corp for $710M

Reliance Infrastructure Ltd said on Thursday it has agreed to sell its cement unit to Birla Corp for Rs 4,800 ......

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