Japan's Sumitomo Mitsui to exit Kotak Mahindra Bank through Rs 6,166 crore block deal: ReportSumitomo Mitsui is set to divest its 1.65% stake in Kotak Mahindra Bank through a block deal valued at Rs 6,166 crore, offered at a 4% disc...
09 Sep, 2025, 06.49 PM IST
Mahindra likely in talks to buy Sumitomo's entire stake in SML IsuzuMahindra & Mahindra is in discussions to acquire Sumitomo Corp's 44% stake in SML Isuzu, with the offer expected to value the company at ar...
24 Mar, 2025, 02.01 PM IST
Mahindra Lifespaces, Sumitomo Corp extend industrial clusters partnershipMahindra Lifespace Developers and Sumitomo Corporation have strengthened their partnership by infusing ₹225 crore into their industrial par...
22 Nov, 2024, 06.58 PM IST
Mahindra Summit Agrisciences launches a new product range for organic agricultureThe company will offer commercially viable, biological and organic products that promote sustainable agriculture.
03 Sep, 2019, 09.06 PM IST
Mahindra World City signs Janap’s Yanmar Group as first customer in North Chennai ProjectYanmar Group, an over 100-year-old business group from Japan, will establish a diesel engine manufacturing facility in ORIGINS, North Chenn...
25 Jan, 2019, 08.16 PM IST
CCI clears Nippon Steel's 51% acquisition in Sanyo SteelBesides, the regulator has approved transfer of 100 per cent shareholding in Ovako to Sanyo Steel.
03 Dec, 2018, 09.19 PM IST
Mahindra Agri Solution enters 60:40 JV with Sumitomo Corporation for crop care businessThe partnership will lead to a formation of new company named Mahindra Summit Agriscience Limited.
12 Oct, 2018, 01.59 PM IST
Sumitomo Mitsui offloads Rs 2,069 crore stake in Kotak MahindraSMBC reduced its stake by 1.78 per cent in the Indian private sector lender. As of December 2015, SMBC held 3.58 per cent stake in the Bank.
01 Mar, 2016, 08.10 PM IST
Sumitomo cuts stake in Kotak; Canada Pension is buyerSumitomo had spent $294 million for a stake in the Indian lender in June 2010 and has made double returns in less than six years.
01 Mar, 2016, 03.49 PM IST
Mahindra Lifespaces to set up industrial park near ChennaiThe Mumbai-based company formally signed a MoUn with the Tamil Nadu government in the presence of Chief Minister Jayalalithaa.
10 Sep, 2015, 06.02 PM IST
Mahindra Lifespaces, Sumitomo Corporation tie up for industrial parkThe joint venture company Mahindra Industrial Park Chennai Ltd will initially spend around Rs 375 crore for first phase of the development ...
28 May, 2015, 04.35 PM IST
Sumitomo, JBIC and Brookfield invest $64 million in Kotak Mahindra Bank's infra fundThe fund managed by Kotak has had its first closure of $90 mn and will invest $30 m to $40 m in wind, solar and hydro power firms.
12 Mar, 2013, 12.09 PM IST
- Sumitomo woos Kotak
Indian banks are in good shape. We’ve heard that often enough from the Reserve Bank of India (RBI) and the government. Now we have independ...
02 Jul, 2010, 06.12 AM IST
- Kotak-Sumitomo Deal: Stake sale to drive KMB’s growth plans
Kotak Mahindra Bank’s (KMB) decision to sell part of its stake seems opportune, given its aggressive growth plans. The bank will raise Rs 1...
01 Jul, 2010, 12.16 AM IST
- Govt gives nod to 34 FDI proposals worth Rs 1,615 cr
The government has cleared 34 Foreign Direct Investment (FDI) proposals worth about Rs 1,615 crore of firms like Mahindra and Mahindra, Sum...
07 Jan, 2009, 02.24 PM IST
- Punjab Tractors surges 10% on Sumitomo deal
Punjab Tractors, a unit of Mahindra and Mahindra, rose nearly 10 per cent after Japan's Sumitomo Corp agreed to buy out the Indian firm's s...
31 Dec, 2008, 10.37 AM IST
- Actis may skip Swaraj Mazda issue
Actis may not participate in the firm’s forthcoming rights issue in a move that signals an end to the more than two-year-old dispute betwee...
23 Aug, 2007, 01.15 AM IST