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Tata Steel seeks new investors for Southeast Asia biz after scrapping pact with China's HBIS

Manufacturing

07 August, 2019

Tata Steel seeks new investors for Southeast Asia biz after scrapping pact with China's HBIS

Tata Steel Ltd has terminated a deal to sell a majority stake in its Southeast Asia business to Chinese steelmaker ......

EU regulators block Tata Steel, Thyssenkrupp joint venture

Manufacturing

11 June, 2019

EU regulators block Tata Steel, Thyssenkrupp joint venture

Thyssenkrupp and Tata Steel's plan to form a landmark joint venture was rejected by EU antitrust regulators on Tuesday, concerned ......

Tata Steel, Thyssenkrupp set to scrap European joint venture

Manufacturing

10 May, 2019

Tata Steel, Thyssenkrupp set to scrap European joint venture

Thyssenkrupp abandoned plans to hive off its steel business and split up the rest of the German conglomerate on Friday ......

Nifty, Sensex post worst weekly decline in over seven months

Markets

10 May, 2019

Nifty, Sensex post worst weekly decline in over seven months

Indian shares marked their eighth consecutive session of declines on Friday, the longest losing streak since mid-February, dented by Tata ......

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Another PE-backed stressed firm set to change hands under bankruptcy law

Manufacturing

13 February, 2019

Another PE-backed stressed firm set to change hands under bankruptcy law

JSW Steel Ltd has moved a step closer to acquiring Bhushan Power & Steel Ltd, in another instance of a ......

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

Manufacturing

05 February, 2019

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

An Indian appeals tribunal has ruled against Tata Steel Ltd’s effort to dismiss rival bids for Bhushan Power and Steel, ......

ReNew Power, Macquarie eye IL&FS assets; Tata Steel may sell Southeast Asia units

General

09 January, 2019

ReNew Power, Macquarie eye IL&FS assets; Tata Steel may sell Southeast Asia units

ReNew Power, Macquarie Infrastructure and Real Assets are among six companies looking to acquire the renewable energy business of cash-strapped ......

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Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors

General

31 December, 2018

Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors

The total value of mergers and acquisitions in India hit a record high this year, buoyed by big-ticket transactions including ......

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Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum

Finance

26 December, 2018

Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum

Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......

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Flashback 2018: Steel and power on the mend, renewable energy sector consolidates

Infrastructure

26 December, 2018

Flashback 2018: Steel and power on the mend, renewable energy sector consolidates

India’s infrastructure story basically continued from where it had ended last year, and rather predictably at that. Even though the infrastructure ......