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SAIL, ArcelorMittal ironing out kinks for $1 bn JV, says steel minister

Manufacturing

16 December, 2016

SAIL, ArcelorMittal ironing out kinks for $1 bn JV, says steel minister

Indicating that differences between state-run Steel Authority of India Ltd (SAIL) and world’s largest steel company ArcelorMittal SA for setting ......

Adani aims to start work on Australia coal mine by middle of next year

Manufacturing

09 December, 2016

Adani aims to start work on Australia coal mine by middle of next year

Indian energy giant Adani on Tuesday said it will start construction at the 21.7 billion dollars Carmichael mine in Australia ......

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Mysore Minerals may merge with Mysore Lamp Works

Manufacturing

02 December, 2016

Mysore Minerals may merge with Mysore Lamp Works

Mysore Minerals Ltd (MML), a government of Karnataka undertaking, has hired a financial advisor to run the process of merging ......

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India Equity Partners logs out of another loss-making bet

Manufacturing

28 November, 2016

India Equity Partners logs out of another loss-making bet

Private equity firm India Equity Partners, which has not made any investment in a new company since 2012 as it ......

Tata Steel starts talks with Liberty House to sell UK speciality steel biz

Manufacturing

02 December, 2016

Tata Steel starts talks with Liberty House to sell UK speciality steel biz

Tata Steel Ltd said on Monday it has agreed to negotiate the potential sale of its UK speciality steel business ......

Kedaara Capital-backed Manjushree Technopack acquires Varahi

Manufacturing

24 November, 2016

Kedaara Capital-backed Manjushree Technopack acquires Varahi

Bangalore-based Manjushree Technopack Ltd said on Thursday it has acquired Delhi-headquartered packaging firm Varahi Ltd for an undisclosed amount to ......

Tata group firm Rallis to increase stake in Zero Waste Agro-Organics

Manufacturing

23 November, 2016

Tata group firm Rallis to increase stake in Zero Waste Agro-Organics

Tata group's agro-chemical firm Rallis India will acquire an additional 26.37 per cent stake in its arm Zero Waste Agro-Organics ......

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Fairfax-backed Sanmar close to acquiring a chemical plant down South

Manufacturing

17 November, 2016

Fairfax-backed Sanmar close to acquiring a chemical plant down South

Chennai-based Sanmar Group, backed by Fairfax India Holdings Corporation, part of India-born Canadian billionaire Prem Watsa's Fairfax Group, is in ......

LafargeHolcim ups stake in ACC, Ambuja Cements for $320 mn

Commodities

15 November, 2016

LafargeHolcim ups stake in ACC, Ambuja Cements for $320 mn

LafargeHolcim, the largest cement producer in the world and the second-largest in India behind UltraTech Cement Ltd, has......

RIL's partner Niko puts KG-D6 stake for sale

Manufacturing

14 November, 2016

RIL's partner Niko puts KG-D6 stake for sale

Reliance Industries' partner Niko Resources of Canada has put on sale its 10 per cent stake in the flagging KG-D6 ......

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