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Trafigura books $287 mn impairment charge on stake in refiner Nayara Energy

Infrastructure

11 June, 2020

Trafigura books $287 mn impairment charge on stake in refiner Nayara Energy

Trafigura recorded its highest first half net profit since 2016, despite $580 million in impairments, as its oil and metals ......

CVC Capital eyes UnitedLex; AION, Tech Mahindra lead race for InterGlobe Tech

General

30 July, 2018

CVC Capital eyes UnitedLex; AION, Tech Mahindra lead race for InterGlobe Tech

Private equity firm CVC Capital Partners is in advanced talks to buy a controlling stake in legal process outsourcing firm ......

Walmart-Flipkart deal: How it stacks up against other big-ticket M&As

TMT

09 May, 2018

Walmart-Flipkart deal: How it stacks up against other big-ticket M&As

Walmart Inc.’s decision to purchase a majority stake in online retailer Flipkart marks the biggest inbound acquisition in India ever, ......

Rosneft completes $12.9 bn Essar Oil deal

Manufacturing

21 August, 2017

Rosneft completes $12.9 bn Essar Oil deal

India's Essar Group on Monday announced closure of $12.9 billion deal to sell its refining arm Essar Oil to a ......

Essar's $12.9 bn deal with Rosneft-led group delayed

Infrastructure

31 March, 2017

Essar's $12.9 bn deal with Rosneft-led group delayed

The purchase of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft has been delayed, the ......