India, Egypt to push trade to $12 billion in next five yearsIndian foreign direct investment (FDI) in Egypt is around $4 billion. In the past six months alone, Indian companies have invested around $...
Egyptian President's Republic Day visit to reinforce age-old ties with IndiaAs India has assumed the chair of the G-20, the invitation to a leader of an important country in Africa signifies India's role as the voic...
Ideas for 2023: Top 10 midcap stocks that can rally up to 79%At an index level, the midcap segment might be ending the year 2022 almost flat. But if one looks at the intra year movement of midcap inde...
Ahead of Market: 10 things that will decide D-St action on FridaySiddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said while the overall market set-up continues to remain ‘sell...
Stocks in the news: Tata Motors, L&T, AGS Transact, NTPC, IndusInd and MaricoSun Pharma, Tata Motors, IOC, DLF, Bharat Petroleum, UPL, Hindustan Petroleum, Vinati Organics, Navin Flourine and UCO Bank are among the c...
Chemplast Sanmar reports revenues of Rs 1452 crore in the third quarter; up by 33%The company which reported its results on Saturday said EBITDA grew 25% year-on-year to Rs. 353 crore while profits too for the third quart...
Investors should wait for clarity on Chemplast loans and a better priceThe promoter stake will shrink to 55 per cent after the IPO from 100 per cent reflecting the urgency to reduce debt. While business prospec...
Indian petrochemical company to increase investment in EgyptIndia's largest investor in Egypt's chemical business is planning to increase its investments in the Middle Eastern country to USD 1.5 bill...
Prem Watsa’s Fairfax Financial to buy large stake in Chennai-based SanmarFounded by one of Tamil Nadu’s older business families in the 1970s, Sanmar has interests in chemicals, valves, engineering and foundries.
India among 89 participants in Egypt's Economic ConferenceIndia is Egypt's 6th largest trading partner overall, the second largest export destination for Egypt and the 11th largest source of import...
India to participate in Egypt economic conference this weekIndia is Egypt's sixth largest trading partner overall, the 2nd largest export destination for Egypt and the 11th largest source of imports.
Egyptian PM praises Indian manufacturing facilitiesThe Prime Minister toured the premises, and received a briefing on the nature of the project, its contribution to the Egyptian economy, and...
KKR to give Rs 400 crore structured loan to debt-laden Sanmar GroupRs 400 crore to Chennai-based Sanmar Group, which is battling to cut debt and resurrect its fortunes after delisting its main company from ...
- Sanmar group to invest $1.3 bn for expansion in Egypt
Sanmar Group had acquired Trust Chemical Industries LLC (now TCI Sanmar Chemicals SAE) in South Port Said, Egypt, in March 2007.
- TCI Sanmar Chemicals achieve fin closure for its $ 868 mn Egypt project
Sanmar group has said TCI Sanmar Chemicals LLC achieved financial closure on March 30 for its $ 868 million VCM\PVC project at Port Said in...
- Sanmar eyes top global spot in core chemicals
Chennai-based Sanmar group is flexing its muscle to become one of the top global players in the core business of chemicals ( caustic soda, ...