Tata Steel
General
Blackstone makes cash offer for PNB unit; Tatas, India Power bid for Odisha discom
Out of 20 suitors, private equity giant Blackstone has emerged as the only entity to make an all-cash offer to ......
TMT
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, ......
General
Tatas eye Bhushan Power; Dalmia-Bain Piramal leads Binani Cement buyout race
Tata Steel Ltd emerged as the lead contender for the acquisition of Bhushan Power and Steel Ltd, with the debt-laden ......
General
AGS Transact may buy back TPG, Actis stake; Tatas, JSW bid for Bhushan Power
The promoters of Mumbai-based payment solutions provider AGS Transact Technologies Ltd’s will buy back a 42% stake held by private ......
Manufacturing
JSW Group to acquire 49% stake in Brahmani River Pellets
A unit of India’s JSW Group said it will buy a 49 percent stake in iron ore pellets manufacturer Brahmani ......
Infrastructure
Tata Steel to buy partner's stake in Bhubaneshwar Power for $39.5 mn
Tata Steel Ltd is set to acquire a 74% stake in joint venture Bhubaneshwar Power Pvt. Ltd, which it did ......
General
Apax, Carlyle eye Royal Sundaram; Suzlon may sell stake in subsidiary to pare debt
Private equity firms Apax Partners and Carlyle Group are considering bidding for a stake in Royal Sundaram General Insurance Co. ......
People
Tata Steel elevates TV Narendran as global CEO and MD
Tata Steel Ltd has promoted T.V. Narendran as chief executive officer and managing director globally, the company said on Tuesday.Narendran, ......
General
Ambit Flowers may raise $1 bn; ArcelorMittal, Tata Steel eye Essar Steel assets
Ambit Flowers ARC, an asset restructuring joint venture between Mumbai-based brokerage Ambit Holdings Pvt. Ltd and New York-headquartered private equity ......
Manufacturing
Tata Steel, Thyssenkrupp sign initial pact for European steel merger
Germany’s Thyssenkrupp and India’s Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a ......
