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Hong Kong millionaire Balram Chainrai to increase stake in Asian Oilfield

Manufacturing

03 January, 2017

Hong Kong millionaire Balram Chainrai to increase stake in Asian Oilfield

Balram Chainrai, a Hong Kong-based entrepreneur of Nepali origin, will increase his stake in Asian Oilfield Services Ltd as part ......

ONGC to acquire GSPC's KG basin assets for $1.2 bn

Manufacturing

30 December, 2016

ONGC to acquire GSPC's KG basin assets for $1.2 bn

Oil and Natural Gas Corp (ONGC), India’s biggest explorer, has agreed to acquire Gujarat State Petroleum Corporation’s (GSPC) 80% stake ......

Tata Steel to buy iron ore assets of erstwhile Stemcor

Manufacturing

23 December, 2016

Tata Steel to buy iron ore assets of erstwhile Stemcor

Tata Steel Ltd said on Friday it has signed a definitive pact to acquire Brahmani River Pellets Ltd, a supplier ......

Tata Steel shareholders vote out Nusli Wadia

Manufacturing

22 December, 2016

Tata Steel shareholders vote out Nusli Wadia

Tata Steel Ltd said on Thursday its shareholders have voted to remove Wadia Group chairman Nusli Wadia as an independent ......

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 ......

Premium
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 ......

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