Commodities
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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, ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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) ......
Manufacturing
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 ......
Manufacturing
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 ......