Commodities
Manufacturing
Saudi Aramco looks to invest in BPCL, ONGC refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......
Manufacturing
Russia-backed refiner Nayara lines up $217.5-mn share buyback
Private refiner Nayara Energy, majority owned by Russian entities, including oil major Rosneft, will make a $217.5-million (Rs 1,894 crore) ......
Manufacturing
Vedanta's shareholders, creditors clear way for five-way split
Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on ......
Manufacturing
ADNOC sets up international investment arm XRG
United Arab Emirates state oil group ADNOC on Wednesday announced the launch of XRG, an investment company focusing on lower-carbon ......
Manufacturing
Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines
Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......
Manufacturing
ADNOC to acquire German chemicals company Covestro for $16 bn
Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, ......
Consumer
Bottomline: PE-owned Halonix's sales sputter but profit jumps; eyes new growth areas
Halonix Technologies Pvt. Ltd, a lighting products maker controlled by private equity firm TPG NewQuest, recorded a decline in its ......
Manufacturing
Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG
Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......
Manufacturing
Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn
U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi Arabian ......
Manufacturing
Fairfax acquires majority stake in India aluminium products maker
Indian-born Canadian billionaire Prem Watsa-owned Fairfax India has picked up a controlling stake in an aluminium products manufacturer based in ......