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Peek at True North's commodity sector bet that turned into gold

Manufacturing

21 March, 2017

Peek at True North's commodity sector bet that turned into gold

Private equity firm True North Managers LLP, which has a sector-agnostic investment structure but focusses on financial services, consumer, healthcare ......

Indian Oil to sell 24% stake in JV to US partner Lubrizol

Manufacturing

16 March, 2017

Indian Oil to sell 24% stake in JV to US partner Lubrizol

India's cabinet gave the go-ahead on Wednesday for state-run Indian Oil Corp to sell a 24 percent stake in a ......

Vedanta's Agarwal to buy $2.5 bn stake in Anglo American

Manufacturing

16 March, 2017

Vedanta's Agarwal to buy $2.5 bn stake in Anglo American

Anil Agarwal, Founder and Chairman of Vedanta Resources Plc.Indian billionaire Anil Agarwal said he was buying a 2 billion ......

JSW Cement buys ACC's stake in Shiva Cement

Manufacturing

10 March, 2017

JSW Cement buys ACC's stake in Shiva Cement

JSW Cement Ltd, part of the billionaire Sajjan Jindal-led JSW Group, has bought cement maker ACC Ltd’s entire stake in ......

Dulux paint maker Akzo Nobel rejects $22 bn bid from US rival

Manufacturing

09 March, 2017

Dulux paint maker Akzo Nobel rejects $22 bn bid from US rival

Dutch paints and coatings maker Akzo Nobel NV rejected a 21 billion euro ($22 billion) bid from larger U.S. rival ......

Monnet Ispat stake sale likely by March-end, says chairman

Manufacturing

23 February, 2017

Monnet Ispat stake sale likely by March-end, says chairman

The process of selling a majority stake in Monnet Ispat and Energy Ltd (MIEL) is likely to be over by ......

Rosneft-led group plans to complete Essar deal next month

Manufacturing

21 February, 2017

Rosneft-led group plans to complete Essar deal next month

A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India's Essar Oil ......

Tata Steel Europe's merger talks with Thyssenkrupp face delays

Manufacturing

13 February, 2017

Tata Steel Europe's merger talks with Thyssenkrupp face delays

Investors expecting a deal this year in Tata Steel's talks to merge its European assets with Germany's Thyssenkrupp risk disappointment, ......

Max Ventures to sell 49% in speciality films biz to Japan's Toppan for $30 mn

Manufacturing

10 February, 2017

Max Ventures to sell 49% in speciality films biz to Japan's Toppan for $30 mn

Japan’s Toppan Printing Co Ltd will pick up a 49% stake in Max Ventures and Industries Ltd’s speciality packaging films ......

Steelmaker Usha Martin plans to sell wire rope business

Manufacturing

10 February, 2017

Steelmaker Usha Martin plans to sell wire rope business

Speciality steel maker Usha Martin Ltd is planning to sell its wire and wire rope business.“The board of directors of ......