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Commodities

RIL beats street estimates with 4.4% rise in Q1 net profit

Manufacturing

24 July, 2015

RIL beats street estimates with 4.4% rise in Q1 net profit

Reliance Industries today posted 4.4 per cent rise in first-quarter consolidated net profit to Rs 6,222 crore, while standalone profit ......

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CX Partners completes debut exit; pulls out of Monnet Ispat with loss

Manufacturing

13 July, 2015

CX Partners completes debut exit; pulls out of Monnet Ispat with loss

India-focused private equity firm CX Partners has made its maiden full exit from its portfolio by selling its entire stake ......

Essel Propack to sell stake in packaging arm Packaging India to Amcor for $26M

Manufacturing

13 July, 2015

Essel Propack to sell stake in packaging arm Packaging India to Amcor for $26M

Mumbai-based Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, has received its board approval to divest ......

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WestBridge bets a ride on tyre maker CEAT

Manufacturing

09 July, 2015

WestBridge bets a ride on tyre maker CEAT

Public markets focused private equity firm WestBridge Capital Partners has added tyre maker CEAT Ltd, the flagship company of Harsh ......

Russia's Rosneft to buy 49% stake in Essar Oil

Manufacturing

09 July, 2015

Russia's Rosneft to buy 49% stake in Essar Oil

Essar Group has struck a deal to sell 49 per cent stake in its public-listed oil & gas company Essar ......

Paper manufacturer Bilt to sell loss-making Malaysian arm Sabah Forest

Manufacturing

06 July, 2015

Paper manufacturer Bilt to sell loss-making Malaysian arm Sabah Forest

India’s largest paper company Ballarpur Industries Ltd (Bilt) is planning to divest its entire 98.08 per cent stake in the ......

Polymer products maker Time Technoplast sells stake in Chinese JV, buys out partner in Egypt

Manufacturing

02 July, 2015

Polymer products maker Time Technoplast sells stake in Chinese JV, buys out partner in Egypt

Mumbai-based polymer products manufacturer Time Technoplast Ltd divested its 50 per cent holding in a JV with a Chinese partner ......

BASF divests Indian textile chemical business to Archroma for $10M

Manufacturing

03 July, 2015

BASF divests Indian textile chemical business to Archroma for $10M

Global chemical manufacturing company BASF's Indian arm has received its board's approval to divest the textile chemicals business to Swiss ......

UAE's Gulf Petrochem buys Essar's East African oil unit

Manufacturing

02 July, 2015

UAE's Gulf Petrochem buys Essar's East African oil unit

A UAE-based oil firm has acquired and renamed Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd in a ......

Lafarge India names Ujjwal Batria as CEO

Manufacturing

26 June, 2015

Lafarge India names Ujjwal Batria as CEO

Lafarge India, the Indian arm of French cement producer Lafarge SA, has elevated Ujjwal Batria as chief executive officer (CEO) ......

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