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Associated Stone buys UAE-based limestone quarry & stone crusher Al Rawasi for $6M

Manufacturing

05 November, 2014

Associated Stone buys UAE-based limestone quarry & stone crusher Al Rawasi for $6M

Mumbai-based stone mining firm Associated Stone Industries Kotah Ltd through its Mauritius-based subsidiary ASI Global Ltd (ASIGL), has acquired Al ......

Apollo Tyres wins case over $112.5M break-up fee for scrapped Cooper Tire deal

Manufacturing

03 November, 2014

Apollo Tyres wins case over $112.5M break-up fee for scrapped Cooper Tire deal

Onkar Kanwar-led Apollo Tyres Ltd has won the legal case over a potential liability of $112.5 million break-up fee to ......

JSW Steel plans to raise $500M to part-refinance rupee debt

Manufacturing

31 October, 2014

JSW Steel plans to raise $500M to part-refinance rupee debt

With the aim to refinance a part of its rupee debt, JSW Steel is planning to raise USD 500 million ......

Aditya Birla Chemicals, Nirma & others complete due diligence for Punjab Alkalies

Manufacturing

30 October, 2014

Aditya Birla Chemicals, Nirma & others complete due diligence for Punjab Alkalies

Aditya Birla Chemicals (India) Pvt Ltd, Nirma Ltd and Punjab-based Kudos Chemie Ltd and a consortium led by Al Shemail, ......

Sudhir Maheshwari to quit ArcelorMittal after 26-yr association

Manufacturing

28 October, 2014

Sudhir Maheshwari to quit ArcelorMittal after 26-yr association

A member of ArcelorMittal's Group Management Board Sudhir Maheshwari is leaving the company effective March 31, 2015, ending a 26-year ......

Takeover battle for Mangalore Chemicals set to escalate; Deepak ups stake to 32%

Manufacturing

21 October, 2014

Takeover battle for Mangalore Chemicals set to escalate; Deepak ups stake to 32%

Takeover battle for MCFL is set to be further intensified as Deepak Fertilisers has raised its stake by about 6 ......

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Nissan Chemicals in talks to acquire Hyderabad Chemicals for $88M

Manufacturing

16 October, 2014

Nissan Chemicals in talks to acquire Hyderabad Chemicals for $88M

Nissan Chemicals Industries Ltd, a Japanese firm manufacturing basic and fine chemicals, is in talks to acquire Hyderabad-based pesticides manufacturer ......

Tata Steel in talks to sell long products business in Europe to Klesch Group

Manufacturing

15 October, 2014

Tata Steel in talks to sell long products business in Europe to Klesch Group

Tata Steel Ltd, India’s largest steel company by revenues, has signed a memorandum of understanding (MoU) with Geneva-headquartered The Klesch ......

RIL Q2 PAT up 1.7% at Rs 5,972Cr, beats estimates

Manufacturing

13 October, 2014

RIL Q2 PAT up 1.7% at Rs 5,972Cr, beats estimates

Reliance Industries Ltd today posted a better-than-expected 1.7 per cent rise in second quarter net profit, helped by strong growth ......

IFC picking 14.29% stake in paper maker Bilt's IPO-bound Dutch arm for $100M

Manufacturing

06 October, 2014

IFC picking 14.29% stake in paper maker Bilt's IPO-bound Dutch arm for $100M

International Finance Corp has signed a definitive agreement with Bilt Paper BV, a step-down subsidiary of India’s largest paper company ......

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