Commodities
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 ......
Manufacturing
Trafigura To Invest $250M In Nagarjuna Oil
Dutch commodities trader Trafigura is investing $130 million (Rs 650 crore) to acquire 24 per cent stake in Hyderabad-based Nagarjuna ......
Manufacturing
Wayzata-backed SH Kelkar Looking To Raise Up To $24M
Partners-backed perfumery S. H. Kelkar and Co. Pvt Ltd is in talks with private equity investors like Standard Chartered PE, ......
Manufacturing
Bunge To Acquire Edible Oil Biz Of Amrit Group For $78M
NYSE-listed Bunge Ltd has struck a deal to acquire the edible oil business of Noida-based diversified Amrit Group in a ......
Manufacturing
Nexus-backed Sohanlal Commodity Management To Raise $20M
Nexus Venture Partners and Mayfield Fund backed agri-logistics company Sohan Lal Commodity Management is looking to raise upto Rs 100 ......
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