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Commodities

BG Group to sell stake in Gujarat Gas for $470M

Manufacturing

04 October, 2012

BG Group to sell stake in Gujarat Gas for $470M

BG Group is selling its majority stake in public listed Gujarat Gas Company Limited (GGCL) for approximately Rs 2,460 crore ......

KKR-backed Dalmia Cement to acquire Adhunik Cement for $105M

Manufacturing

28 September, 2012

KKR-backed Dalmia Cement to acquire Adhunik Cement for $105M

Dalmia Cement (Bharat) Ltd has signed an agreement to buy, a privately held firm based in Kolkata with cement manufacturing ......

Chemtura to buy Avantha Group firm Solaris ChemTech's bromine assets

Manufacturing

27 September, 2012

Chemtura to buy Avantha Group firm Solaris ChemTech's bromine assets

NYSE-listed speciality chemicals and home care products maker has struck a deal to acquire the core bromine assets of Avantha ......

Sequoia Capital exits Ess Dee Aluminium with huge loss; Stock up 15%

Manufacturing

25 September, 2012

Sequoia Capital exits Ess Dee Aluminium with huge loss; Stock up 15%

The shares of packaging firm Ess Dee Aluminium Ltd rose over 15 per cent on Monday after Sequoia Capital India ......

IFC to part finance $480M oil refinery expansion project of HPCL Mittal Energy

Manufacturing

21 September, 2012

IFC to part finance $480M oil refinery expansion project of HPCL Mittal Energy

IFC will part finance the oil refinery expansion project of HPCL Mittal Energy Ltd, a joint venture between PSU oil ......

Max India sells BOPP film biz to Treofan for $97M

Commodities

24 September, 2012

Max India sells BOPP film biz to Treofan for $97M

Max India Ltd has sold its unit that makes polypropylene film to Germany's Treofan for Rs 540 crore ($97 million). ......

ONGC Videsh picks stake in Caspian Sea oil & gas block, pipeline for $1B

Manufacturing

11 September, 2012

ONGC Videsh picks stake in Caspian Sea oil & gas block, pipeline for $1B

State-run Oil and Natural Gas Corporation of India Ltd's subsidiary, ONGC Videsh Ltd (OVL), will acquire 2.72 per cent participating ......

Union Govt to divest 10% stake in NMDC

Manufacturing

07 September, 2012

Union Govt to divest 10% stake in NMDC

In what seems to be a desperate measure by the Department of Disinvestment in the finance ministry, the Centre has ......

Mahindra Ugine sells 49% of steel biz to Japan's Mitsui, Sanyo for $39M

Manufacturing

07 September, 2012

Mahindra Ugine sells 49% of steel biz to Japan's Mitsui, Sanyo for $39M

Mahindra Ugine Steel Company Ltd (Musco) has completed the sale of 49 per cent stake in its steel business to ......

PE-backed Dalmia Bharat Enterprises to hike stake in promoter group's sugar biz

Manufacturing

11 September, 2012

PE-backed Dalmia Bharat Enterprises to hike stake in promoter group's sugar biz

A year and half after demerging the cement and power business into a separate listed firm Dalmia Bharat Enterprises Ltd, ......

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