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Commodities

Coromandel to buy majority in Liberty Phosphate for up to $53M

Manufacturing

24 January, 2013

Coromandel to buy majority in Liberty Phosphate for up to $53M

Fertiliser producer Coromandel International Ltd is acquiring almost the entire stake held by promoters of Liberty Phosphate besides two other ......

Govt permits state-run oil firms to raise diesel prices

Manufacturing

17 January, 2013

Govt permits state-run oil firms to raise diesel prices

The government will permit state-run oil marketing companies to set diesel prices, Oil Minister Veerappa Moily told reporters on Thursday, ......

RHI acquiring 43.6% in Orient Refractories for $41M

Manufacturing

15 January, 2013

RHI acquiring 43.6% in Orient Refractories for $41M

Austrian firm RHI AG is acquiring almost the entire promoter holding in the public-listed Orient Refractories Ltd (ORL) in a ......

Binani Industries to sell up to 40% in cement business

Manufacturing

11 January, 2013

Binani Industries to sell up to 40% in cement business

Binani Industries Ltd, the public-listed holding arm for the diversified business of Braj Binani group, has approved in principle to ......

Turkish firm Trakya Cam Sanayii buys 45% stake in IFC-backed HNG Float Glass

Manufacturing

11 January, 2013

Turkish firm Trakya Cam Sanayii buys 45% stake in IFC-backed HNG Float Glass

Turkish glass maker Trakya Cam Sanayii A.S.  is buying 45 per cent stake in Kolkata-based HNG Float Glass Ltd (HNGFL) ......

Gujarat State Fertilizers buys 20% in Canadian potash miner for $46M

Manufacturing

10 January, 2013

Gujarat State Fertilizers buys 20% in Canadian potash miner for $46M

Gujarat State Fertilizers & Chemicals Ltd (GSFC) has acquired nearly 20 per cent stake for $45.6 million or Rs 250 ......

ArcelorMittal to sell $1.1B stake in Canadian unit

Manufacturing

02 January, 2013

ArcelorMittal to sell $1.1B stake in Canadian unit

ArcelorMittal, the world's biggest steelmaker, will sell a 15 per cent stake in one of its Canadian iron ore operations, ......

Clariant AG sells part of specialty chemical biz to SK Capital for $550M

Manufacturing

27 December, 2012

Clariant AG sells part of specialty chemical biz to SK Capital for $550M

Swiss specialty chemical giant Clariant AG has struck a deal to sell its international textile chemicals, paper specialities and emulsions ......

Sesa Goa acquires remaining 49% stake in iron ore firm Western Cluster for $33.5M

Manufacturing

21 December, 2012

Sesa Goa acquires remaining 49% stake in iron ore firm Western Cluster for $33.5M

Vedanta Resources Plc. subsidiary Sesa Goa Ltd has acquired the remaining 49 per cent stake in Liberia-based iron ore firm ......

Gujarat-based Sumeet Industries raising $1.8M from IFCI Venture Capital

Manufacturing

20 December, 2012

Gujarat-based Sumeet Industries raising $1.8M from IFCI Venture Capital

Sumeet Industries Ltd is raising around Rs 10 crore ($1.8 million) from IFCI Venture Capital Funds Ltd. The investment is ......

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