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Commodities

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, ......

JSW Steel-JSW Ispat merger to create largest Indian steelmaker, but what about value, ask analysts

Manufacturing

05 September, 2012

JSW Steel-JSW Ispat merger to create largest Indian steelmaker, but what about value, ask analysts

JSW Steel scrip dropped 3.65 per cent on Monday after it announced a self-merger with its associate firm JSW Ispat ......

Expect cement sector to remain under pain in short term: Kumar Mangalam Birla

Manufacturing

30 August, 2012

Expect cement sector to remain under pain in short term: Kumar Mangalam Birla

Kumar Mangalam Birla, head of the multi-billion-dollar diversified Aditya Birla Group and chairman of the country’s largest cement maker UltraTech ......

Premium
Blackstone investing $35M in S H Kelkar & Co

Manufacturing

27 August, 2012

Blackstone investing $35M in S H Kelkar & Co

Private equity giant Blackstone Group is picking up a stake in S H Kelkar & Company Pvt Ltd, manufacturer of ......

Dalmia Bharat to acquire Kolhapur-based sugar manufacturing plant

Manufacturing

22 August, 2012

Dalmia Bharat to acquire Kolhapur-based sugar manufacturing plant

Dalmia Bharat Sugar & Industries Ltd (DBSIL) has plans to acquire a sugar manufacturing plant near Kolhapur (Maharashtra). The plant ......

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