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JSW Steel agrees to buy Welspun Maxsteel for over $163M

Manufacturing

20 August, 2014

JSW Steel agrees to buy Welspun Maxsteel for over $163M

India's third-largest steelmaker JSW Steel Limited has decided to acquire Welspun Energy Ltd’s entire stake in sponge iron firm Welspun ......

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WestBridge exits Vinati Organics with 2.8x

Manufacturing

14 August, 2014

WestBridge exits Vinati Organics with 2.8x

Private equity investor WestBridge Capital has scored its third part/full exit from a portfolio firm since January this year by selling ......

ACC appoints Harish Badami as new CEO & managing director

Manufacturing

13 August, 2014

ACC appoints Harish Badami as new CEO & managing director

The Board of Directors of ACC Limited today appointed Harish Badami as CEO & Managing Director designate with effect from ......

Carborundum Universal buying out Israeli partner in 51:49 JV

Manufacturing

05 August, 2014

Carborundum Universal buying out Israeli partner in 51:49 JV

Murugappa Group firm Carborundum Universal Limited (CUMI) is looking to acquire 49 per cent equity stake its joint venture Cellaris Refractories India ......

SAIL eyes majority stake in Neelachal Ispat

Manufacturing

05 August, 2014

SAIL eyes majority stake in Neelachal Ispat

State-owned steel maker SAIL has evinced interest in acquiring majority stake in Neelachal Ispat Nigam Ltd with plans to raise ......

ICVL to acquire Rio Tinto's coal assets in Mozambique for $50M

Manufacturing

30 July, 2014

ICVL to acquire Rio Tinto's coal assets in Mozambique for $50M

International Coal Ventures Pvt Ltd (ICVL), which was set up in 2009 by five Indian state-run metal and mineral firms ......

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Exhilway in talks to invest in Chennai-based Jain Granites

Manufacturing

28 July, 2014

Exhilway in talks to invest in Chennai-based Jain Granites

Exhilway Global, a US-based investment group that is raising a string of private equity funds, is close to investing in ......

Japan's Daido Steel to acquire 10% stake in Sunflag Iron for $9M

Manufacturing

23 July, 2014

Japan's Daido Steel to acquire 10% stake in Sunflag Iron for $9M

Japanese steel manufacturer Daido Steel Co is acquiring 10 per cent equity stake in the Nagpur-based Sunflag Iron & Steel ......

Chettinad Cement hikes stake in Anjani Portland to 66%

Manufacturing

23 July, 2014

Chettinad Cement hikes stake in Anjani Portland to 66%

Chettinad Cement Corporation Ltd has hiked its stake in Hyderabad-based Anjani Portland Cement Ltd to 66.08 per cent by acquiring ......

Paper manufacturer Bilt files documents for Singapore IPO for Dutch arm

Manufacturing

22 July, 2014

Paper manufacturer Bilt files documents for Singapore IPO for Dutch arm

India’s largest paper company Ballarpur Industries Ltd (Bilt) is looking to float its Dutch subsidiary Ballarpur International Graphic Paper Holdings ......

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