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Actis exits Dalmia Bharat with a haircut

Manufacturing

12 March, 2014

Actis exits Dalmia Bharat with a haircut

Emerging markets private equity major Actis has exited its eight-year-old investment in Dalmia group by selling its 5.5 per cent ......

Vedanta appoints former Rio Tinto chief Tom Albanese as CEO

Manufacturing

06 March, 2014

Vedanta appoints former Rio Tinto chief Tom Albanese as CEO

Vedanta Resources has named Tom Albanese, former chief of mining giant Rio Tinto, as its new CEO with effect from ......

Swiss cabling firm R&M acquires Bangalore-based Advanced Fiber Systems

Manufacturing

05 March, 2014

Swiss cabling firm R&M acquires Bangalore-based Advanced Fiber Systems

Swiss cabling specialist Reichle & De-Massari (R&M) has acquired the business activities and operating assets of Bangalore-based fiber-optic products maker ......

Agro-chemicals major UPL raises stake in Brazilian firm to 71%

Manufacturing

04 March, 2014

Agro-chemicals major UPL raises stake in Brazilian firm to 71%

Agro-chemicals major UPL Ltd, formerly known as United Phosphorus Ltd, has increased its shareholding in Brazilian firm UPL do Brasil ......

SAIL-led group hopes to buy coal assets in Poland

Manufacturing

06 March, 2014

SAIL-led group hopes to buy coal assets in Poland

A consortium led by Steel Authority of India Ltd, the country's second-biggest steelmaker, hopes to buy coal mines overseas in ......

Ventureast putting up to $2.3M more in Polygenta Technologies

Manufacturing

04 March, 2014

Ventureast putting up to $2.3M more in Polygenta Technologies

Ventureast Life Fund III, a fund managed by Ventureast Fund Advisors India Ltd, is putting in up to Rs 14.25 ......

Tide Water Oil to form 50:50 lubricant JV with Japan's JX Nippon Oil & Energy

Manufacturing

03 March, 2014

Tide Water Oil to form 50:50 lubricant JV with Japan's JX Nippon Oil & Energy

Tide Water Oil Co. (India) Ltd, a member of Andrew Yule group, has signed a memorandum of understanding (MoU) with ......

JSW Steel to acquire 50% stake in Vallabh Tinplate for $7.4M

Manufacturing

24 February, 2014

JSW Steel to acquire 50% stake in Vallabh Tinplate for $7.4M

Indian’s largest steel maker by capacity JSW Steel Ltd will acquire 50 per cent stake in Vallabh Tinplate Pvt Ltd ......

UD Group picking around 10% in Uttam Value Steels for $32M

Manufacturing

21 February, 2014

UD Group picking around 10% in Uttam Value Steels for $32M

Mumbai-based iron and steel manufacturer Uttam Value Steels is raising Rs 200 crore ($32.16 million) through a preferential allotment of ......

Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX

Manufacturing

14 February, 2014

Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX

Asian Paints (International) Ltd (APIL), a wholly-owned subsidiary of India’s largest paints company Asian Paints Ltd, has hiked its stake ......

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