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Commodities

JSPL signs deal to buy Canada's CIC for $115M

Manufacturing

24 July, 2012

JSPL signs deal to buy Canada's CIC for $115M

Jindal Steel & Power Ltd (JSPL), through its Mauritius arm, has entered into a binding merger agreement with Toronto Stock ......

Monnet Ispat in bidding war with Bhushan Steel for Orissa Sponge Iron

Manufacturing

06 July, 2012

Monnet Ispat in bidding war with Bhushan Steel for Orissa Sponge Iron

A bidding war is at works for Orissa Sponge Iron & Steel Co. Jajodias promoted Monnet Ispat & Energy has ......

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What is AV Birla Group betting on with 3rd Canadian pulp assets acquisition

Manufacturing

06 July, 2012

What is AV Birla Group betting on with 3rd Canadian pulp assets acquisition

Aditya Birla group has struck a deal to acquire assets of Canadian paper grade pulp manufacturer Terrace Bay Pulp Inc, ......

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GMR in $547M reverse merger deal for Indonesian coal assets

Manufacturing

05 July, 2012

GMR in $547M reverse merger deal for Indonesian coal assets

GMR Infrastructure Ltd has struck a $547 million reverse merger deal for its Indonesian coal mining and trading asset PT ......

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Bilt in strategy flip, moving most of paper biz to PE-backed arm

Manufacturing

04 July, 2012

Bilt in strategy flip, moving most of paper biz to PE-backed arm

India’s largest paper company Ballarpur Industries Ltd (Bilt) is moving almost all of its paper production business in the country ......

Essar Energy sells 50% stake in Vietnam gas block to ENI International

Manufacturing

02 July, 2012

Essar Energy sells 50% stake in Vietnam gas block to ENI International

In order to help manage risk and to focus more on developing its core assets, Essar Energy Plc.’s subsidiary Essar ......

Cairn Energy sells 3.5% more in Cairn India for $365M

Manufacturing

29 June, 2012

Cairn Energy sells 3.5% more in Cairn India for $365M

UK’s Cairn Energy has sold additional 3.5 per cent stake in its former Indian arm Cairn India for Rs 2,060 ......

Vedanta Aluminium to acquire L&T's bauxite mines in Orissa for $330M

Manufacturing

12 June, 2012

Vedanta Aluminium to acquire L&T's bauxite mines in Orissa for $330M

LSE-listed Vedanta Resources’ group firm Vedanta Aluminium (VAL) has struck a deal to acquire Raykal Aluminium Company Private Ltd (Raykal) ......

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India Inc's overseas natural resources hunt flounders

Manufacturing

07 June, 2012

India Inc's overseas natural resources hunt flounders

The resource flow for M&A bankers seems to have shrunk to a trickle as Indian companies shelve their overseas hunt ......

Jindal Steel picking 9% in Gujarat NRE Coke's Australian arm for $25M

Manufacturing

31 May, 2012

Jindal Steel picking 9% in Gujarat NRE Coke's Australian arm for $25M

Gujarat NRE Coke Ltd has struck a deal with Jindal Steel & Power Ltd to raise $25 million (Rs 138 ......

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