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Motilal Oswal Private Equity scores exit from maiden investment

Manufacturing

09 November, 2016

Motilal Oswal Private Equity scores exit from maiden investment

The private equity arm of Motilal Oswal Financial Services Ltd has struck another full-exit from its legacy fund, India Business ......

KKR-backed Dalmia Bharat to consolidate cement biz

Manufacturing

07 November, 2016

KKR-backed Dalmia Bharat to consolidate cement biz

Dalmia Bharat Ltd will merge all its cement businesses under one listed firm to consolidate operations, as per a stock ......

Govt asks Reliance Industries to pay $1.55 bn for drawing ONGC's gas

Manufacturing

04 November, 2016

Govt asks Reliance Industries to pay $1.55 bn for drawing ONGC's gas

The government has sought USD 1.55 billion from Reliance Industries and its partners for drawing natural gas belonging to state-owned ......

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Galaxy Surfactants in sale talks with overseas firms

Manufacturing

21 October, 2016

Galaxy Surfactants in sale talks with overseas firms

Mumbai-based Galaxy Surfactants Ltd., which makes ingredients for soaps and washing powders, is in talks with overseas firms to divest ......

Bombay High Court asks ONGC to release $21 mn in payments to Swiber

Manufacturing

19 October, 2016

Bombay High Court asks ONGC to release $21 mn in payments to Swiber

A local unit of Singapore’s Swiber Holdings Ltd, which is battling bankruptcy at home, has got a breather after the ......

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Fine Organics finalising plans to go public

Manufacturing

14 October, 2016

Fine Organics finalising plans to go public

Mumbai-based Fine Organics Industries Pvt. Ltd is in late stages of talks to finalise plans to take the listing route ......

CK Birla firm to buy two cement assets from Jaypee Group for $300 mn

Manufacturing

06 October, 2016

CK Birla firm to buy two cement assets from Jaypee Group for $300 mn

CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake ......

Blackstone-backed Monnet Ispat in talks to sell steel and power business

Manufacturing

28 September, 2016

Blackstone-backed Monnet Ispat in talks to sell steel and power business

Debt-laden Monnet Ispat and Energy Ltd (MIEL) is in advanced discussions with various investors for a stake sale in the ......

Essel Propack buys out partner in European JV

Manufacturing

21 September, 2016

Essel Propack buys out partner in European JV

Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, has acquired 75.1% stake it did not own ......

BP sells 8.5% stake in Castrol India

Manufacturing

20 September, 2016

BP sells 8.5% stake in Castrol India

London-headquartered energy giant BP Plc has sold 8.5% stake in public-listed lubricants arm Castrol India Ltd for Rs 1,824 crore ......

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