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Sequoia Capital makes over five-fold returns from PI Industries

Manufacturing

16 June, 2015

Sequoia Capital makes over five-fold returns from PI Industries

Venture capital and growth equity investment firm Sequoia Capital, which has an active public markets equity portfolio in India, has ......

Vedanta to merge Cairn India with itself in $2.3B deal

Manufacturing

15 June, 2015

Vedanta to merge Cairn India with itself in $2.3B deal

London-listed mines and energy company Vedanta Resources Plc moved to merge cash rich oil unit Cairn India Ltd with its ......

Russia's Rosneft in talks to buy stake in Essar Oil

Manufacturing

15 June, 2015

Russia's Rosneft in talks to buy stake in Essar Oil

Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for ......

Emerging markets fund Lambasa backs Ashapura Minechem's acquisition of Orient Abrasives

Manufacturing

09 June, 2015

Emerging markets fund Lambasa backs Ashapura Minechem's acquisition of Orient Abrasives

Mumbai-based mineral producer and exporter Ashapura Minechem Ltd has joined hands with emerging markets-focused private investment firm Lambasa Global to ......

IFC may lend up to $31M to BMM Cements

Manufacturing

08 June, 2015

IFC may lend up to $31M to BMM Cements

International Finance Corporation (IFC), the private sector lending arm of the World Bank, may lend up to Rs 200 crore ......

Time Technoplast sells Polish polymer products arm Novo Tech for $12M

Manufacturing

08 June, 2015

Time Technoplast sells Polish polymer products arm Novo Tech for $12M

Mumbai-based polymer products manufacturer Time Technoplast Ltd has sold its Poland-based subsidiary Novo Tech SP Z O.O. to an unnamed ......

Chettinad group chief open to a settlement with his father

Manufacturing

05 June, 2015

Chettinad group chief open to a settlement with his father

In a bid to reach out to his father with whom he has a long running feud, Managing Director of ......

Chembond to sell 49% stake in industrial chemicals JV with Henkel

Manufacturing

25 May, 2015

Chembond to sell 49% stake in industrial chemicals JV with Henkel

Mumbai-based Chembond Chemicals Ltd has signed an agreement with Henkel Adhesives Technologies India Pvt Ltd, to sell its entire 49 ......

Zuari hikes stake in Mangalore Chemicals to 53% for around $62M

Manufacturing

19 May, 2015

Zuari hikes stake in Mangalore Chemicals to 53% for around $62M

Saroj Kumar Poddar-controlled Adventz Group firm Zuari Fertilisers and Chemicals Ltd (ZFCL), a wholly-owned subsidiary of Zuari Agro Chemicals Ltd ......

Deepak Fertiliser sells 1.2% stake in MCFL to Zuari

Manufacturing

22 May, 2015

Deepak Fertiliser sells 1.2% stake in MCFL to Zuari

Continuing to reduce its stake in Vijay Mallya promoted MCFL, Deepak Fertiliser has offloaded its 1.21 per cent stake in ......

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