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Commodities

Govt to sell 5% of SAIL on Friday, may get over $270M

Manufacturing

03 December, 2014

Govt to sell 5% of SAIL on Friday, may get over $270M

Kicking off its disinvestment drive, the government will sell 5 per cent of its stake in steel major SAIL on ......

Dalmia Cement buys remaining 26% stake in Bokaro unit from SAIL for $38M

Manufacturing

01 December, 2014

Dalmia Cement buys remaining 26% stake in Bokaro unit from SAIL for $38M

Dalmia Cement (Bharat) has acquired remaining 26 per cent stake in Bokaro Jaypee Cement Ltd (BoJCL) from Steel Authority of ......

Japan's Nihon Nohyaku to acquire 74% stake in Hyderabad Chemicals

Manufacturing

27 November, 2014

Japan's Nihon Nohyaku to acquire 74% stake in Hyderabad Chemicals

Japanese firm Nihon Nohyaku is acquiring 74 per cent stake in Hyderabad Chemicals Ltd, a medium-sized agrochemical manufacturer, as per ......

Astral Poly acquires 76% stake in adhesive maker Resinova Chemie for $34M

Manufacturing

25 November, 2014

Astral Poly acquires 76% stake in adhesive maker Resinova Chemie for $34M

Astral Poly Technik Ltd, which manufactures and markets chlorinated polyvinyl chloride (CPVC) plumbing system, is acquiring 76 per cent equity ......

JSW Steel puts $100M bid for Italy's Lucchini on the backburner

Manufacturing

01 December, 2014

JSW Steel puts $100M bid for Italy's Lucchini on the backburner

JSW Steel Ltd, the third largest Indian steel maker, said it has deferred the proposed acquisition of Italy’s Lucchini SpV.“For ......

Amulya Leasing & Finance hikes stake in Apollo Pipes to 51%

Manufacturing

17 November, 2014

Amulya Leasing & Finance hikes stake in Apollo Pipes to 51%

New Delhi-based NBFC Amulya Leasing & Finance Limited has acquired an additional 20.87 per cent stake in plastic piping system ......

Apollo Tyres redesignates CFO Sarkar as Chief Business Officer

Manufacturing

19 November, 2014

Apollo Tyres redesignates CFO Sarkar as Chief Business Officer

Apollo Tyres has redesignated its President and Chief Financial Officer Sunam Sarkar as President and Chief Business Officer.Sarkar, who would ......

Premium
WestBridge Capital exiting Supreme Industries with high returns

Manufacturing

13 November, 2014

WestBridge Capital exiting Supreme Industries with high returns

WestBridge Capital has sold almost all of its stake in plastic products maker Supreme Industries, in what marks another quick ......

Paper manufacturer Bilt may raise up to $81M

Manufacturing

12 November, 2014

Paper manufacturer Bilt may raise up to $81M

India’s largest paper company Ballarpur Industries Ltd (Bilt) has received its board's approval to raise up to Rs 500 crore ......

JSPL plans to list Oman unit in Muscat to raise $500M

Manufacturing

11 November, 2014

JSPL plans to list Oman unit in Muscat to raise $500M

Jindal Steel and Power is likely to list its Oman-based wholly-owned subsidiary Shadeed Iron and Steel LLC in Muscat Securities ......

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