1. Manufacturing
Tata Steel sells stake in Tata Motors to Tata Sons for $586 mn

Tata Steel sells stake in Tata Motors to Tata Sons for $586 mn

Reuters 2 days ago
Tata Steel Ltd said on Friday it sold its stake in Tata Motors Ltd to Tata Sons, the holding company of India’s salt-to-software Tata conglomerate,...
Exclusive: Govt hires merchant bankers for IPOs of four defence, rail firms

Exclusive: Govt hires merchant bankers for IPOs of four defence, rail firms

Ankit Doshi and Bruhadeeswaran R 2 days ago
The Indian government has appointed merchant bankers for initial share sales in four state-run defence and railway companies as it presses ahead with its ambitious...
Russia’s Rosneft completes Essar Oil takeover deal

Russia’s Rosneft completes Essar Oil takeover deal

Reuters 3 days ago
The takeover of India’s Essar Oil by Russia’s largest oil producer Rosneft can be now considered as closed, Rosneft CEO Igor Sechin told a shareholders’...
Kirloskar Oil Engines to acquire Gujarat-based pump maker

Kirloskar Oil Engines to acquire Gujarat-based pump maker

Debjyoti Roy 4 days ago
Kirloskar Oil Engines Ltd, which manufactures diesel engines and generator sets, has agreed to acquire Gujarat-based submersible pumpsets manufacturer La-Gajjar Machineries Pvt. Ltd. Kirloskar, which...
Govt raises $643 mn via stake sale in Larsen & Toubro

Govt raises $643 mn via stake sale in Larsen & Toubro

Ankit Doshi 4 days ago
The government on Wednesday raised about Rs 4,158 crore ($643 million) by selling an about 2.6% stake in engineering giant Larsen & Toubro Ltd as...
Tribunal rejects Macquarie Bank’s suit against Uttam Galva unit

Tribunal rejects Macquarie Bank’s suit against Uttam Galva unit

Maulik Vyas 5 days ago
The National Company Law Tribunal has dismissed a money recovery suit filed by Australian lender Macquarie Bank Ltd against a unit of loss-making Uttam Galva...
Tata Sons to buy out Tata Steel's stake in Tata Motors

Tata Sons to buy out Tata Steel’s stake in Tata Motors

Reuters 1 week ago
Tata Sons Ltd, the holding company of India’s salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd’s stake in Tata Motors Ltd on or...
Saudi Aramco seeks exclusive talks to buy stake in Indian refinery

Saudi Aramco seeks exclusive talks to buy stake in Indian refinery

Reuters 1 week ago
Oil giant Saudi Aramco wants to enter into exclusive talks with India to buy a stake in the planned 1.2 million barrels per day (bpd)...
Exclusive: Apollo Tyres hires I-banks for QIP

Exclusive: Apollo Tyres hires I-banks for QIP

Gurgaon-based Apollo Tyres Ltd has hired two investment banks to raise capital through a qualified institutional placement (QIP), two people aware of the development told...
IFC to invest in Agrocorp’s pulse and rice mills

IFC to invest in Agrocorp’s pulse and rice mills

Keshav Sunkara 2 weeks ago
International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest in the proposed food grain milling plants of Agrocorp International...
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