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Commodities

Zephyr Peacock invests $9.2M in Pennar Engineered Building Systems

Manufacturing

04 April, 2013

Zephyr Peacock invests $9.2M in Pennar Engineered Building Systems

Pennar Engineered Building Systems (PEBS), a subsidiary of Hyderabad-based Pennar Industries Ltd, has raised Rs 50 crore ($9.16 million) from ......

GMR-controlled Homeland Energy to sell stake in two South African coal blocks

Manufacturing

28 March, 2013

GMR-controlled Homeland Energy to sell stake in two South African coal blocks

Homeland Mining and Energy SA Proprietary Ltd (HMESA), a wholly owned subsidiary of Homeland Energy Group Ltd, has entered into ......

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Blackstone acquires majority stake in Sree Jayajothi Cements for $100M

Manufacturing

23 March, 2013

Blackstone acquires majority stake in Sree Jayajothi Cements for $100M

Private equity giant Blackstone has struck a deal to acquire 53 per cent stake in Sree Jayajothi Cements Ltd for ......

Govt raises $280M from Steel Authority of India share sale

Manufacturing

22 March, 2013

Govt raises $280M from Steel Authority of India share sale

The Centre has managed to see through its offer for sale of 5.8 per cent stake in state-run domestic metal ......

Motilal Oswal PE invests $6.5M in building materials firm Magicrete

Manufacturing

25 March, 2013

Motilal Oswal PE invests $6.5M in building materials firm Magicrete

Motilal Oswal Private Equity Advisors Pvt Ltd (MOPE) has made the first investment from its second fund called India Business ......

Brazil's Gerdau acquires Kalyani's stake in Andhra steel JV

Manufacturing

19 March, 2013

Brazil's Gerdau acquires Kalyani's stake in Andhra steel JV

Brazilian metal producer Gerdau has acquired the stake held by its Indian joint venture partner Kalyani Group in the local ......

Berger acquires architectural paint business of Sherwin-Williams in India

Manufacturing

12 March, 2013

Berger acquires architectural paint business of Sherwin-Williams in India

Berger Paints India Ltd has acquired the Indian architectural products operations of US-based paint major Sherwin-Williams Company for an undisclosed ......

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UltraTech calls off talks to buy part of Jaypee Cement

Manufacturing

20 February, 2013

UltraTech calls off talks to buy part of Jaypee Cement

Aditya Birla Group’s flagship cement company UltraTech Cement Ltd, which was earlier in talks with Gaur family-promoted Jaypee Cement Ltd ......

IFC may lend up to $100M to part-finance UltraTech's capex in Chhattisgarh

Manufacturing

18 February, 2013

IFC may lend up to $100M to part-finance UltraTech's capex in Chhattisgarh

IFC, the private sector investment arm of the World Bank Group, is planning to lend up to $100 million to ......

GAIL says looking to buy U.S. shale assets jointly with EDF

Manufacturing

01 February, 2013

GAIL says looking to buy U.S. shale assets jointly with EDF

GAIL (India) Ltd  is looking to buy shale gas assets in the United States jointly with a unit of France's ......

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