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Tata Steel signs pact to sell UK speciality steel biz for $125.6 mn

Manufacturing

09 February, 2017

Tata Steel signs pact to sell UK speciality steel biz for $125.6 mn

Tata Steel Ltd said on Thursday it has signed a definitive pact to sell its UK speciality steel business to ......

Nippon Paper acquiring BK Modi Group's paper cup making biz

Manufacturing

24 January, 2017

Nippon Paper acquiring BK Modi Group's paper cup making biz

Japan’s Nippon Paper Industries Co. Ltd is entering the Indian market by acquiring the largest local paper cup manufacturing company ......

Govt seeks to raise $70 mn from stake sale in miner MOIL

Manufacturing

23 January, 2017

Govt seeks to raise $70 mn from stake sale in miner MOIL

The government will sell a 10% stake in state-run manganese ore mining company MOIL Ltd to raise as much as ......

JSW Cement buying majority stake in Shiva Cement, makes open offer

Manufacturing

12 January, 2017

JSW Cement buying majority stake in Shiva Cement, makes open offer

JSW Cement Ltd, part of the billionaire Sajjan Jindal-led JSW Group, has made an open offer to acquire a 32% ......

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Speciality chemicals maker Fine Organics appoints bankers for IPO

Manufacturing

03 January, 2017

Speciality chemicals maker Fine Organics appoints bankers for IPO

Speciality chemicals firm Fine Organic Industries Pvt. Ltd has appointed financial advisors to finalise plans for an initial public offering ......

Hong Kong millionaire Balram Chainrai to increase stake in Asian Oilfield

Manufacturing

03 January, 2017

Hong Kong millionaire Balram Chainrai to increase stake in Asian Oilfield

Balram Chainrai, a Hong Kong-based entrepreneur of Nepali origin, will increase his stake in Asian Oilfield Services Ltd as part ......

ONGC to acquire GSPC's KG basin assets for $1.2 bn

Manufacturing

30 December, 2016

ONGC to acquire GSPC's KG basin assets for $1.2 bn

Oil and Natural Gas Corp (ONGC), India’s biggest explorer, has agreed to acquire Gujarat State Petroleum Corporation’s (GSPC) 80% stake ......

Tata Steel to buy iron ore assets of erstwhile Stemcor

Manufacturing

23 December, 2016

Tata Steel to buy iron ore assets of erstwhile Stemcor

Tata Steel Ltd said on Friday it has signed a definitive pact to acquire Brahmani River Pellets Ltd, a supplier ......

Tata Steel shareholders vote out Nusli Wadia

Manufacturing

22 December, 2016

Tata Steel shareholders vote out Nusli Wadia

Tata Steel Ltd said on Thursday its shareholders have voted to remove Wadia Group chairman Nusli Wadia as an independent ......

SAIL, ArcelorMittal ironing out kinks for $1 bn JV, says steel minister

Manufacturing

16 December, 2016

SAIL, ArcelorMittal ironing out kinks for $1 bn JV, says steel minister

Indicating that differences between state-run Steel Authority of India Ltd (SAIL) and world’s largest steel company ArcelorMittal SA for setting ......