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TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance BankJana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...
EPL, Indovida to merge in $2 billion packaging dealThe transaction will create a diversified, multi-format packaging platform with a combined valuation of about $2 billion. EPL is being valu...
EPL, Indovida to merge in $2 billion deal to create consumer packaging unitEPL Limited and Indovida India Private Limited are merging. This creates a major consumer packaging company. The combined entity will be va...
India begins anti-dumping probe on Polyester Textured Yarn exports from ChinaIndia has launched an anti-dumping probe into Polyester Textured Yarn imports from China after Reliance Industries and Wellknown Polyester ...
Indorama Ventures buys a minority stake in packaging firm EPLBlackstone agrees to sell a 24.9% stake in EPL Limited to Indorama Ventures for ₹1908 crore ($220 mn). EPL, a global leader in laminated tu...
L&T bags significant orders in Q3 in India, overseasLarsen & Toubro's heavy engineering arm secured significant orders worth Rs 1,000 to Rs 2,500 crore in Q3. Key projects include LNG equipme...
Competition Commission approves Indo Gulf Fertilizers-Indorama deal"Commission approves acquisition of Indo Gulf Fertilizers (fertilizer business division of Grasim Industries Limited) by Indorama India Pri...
Aditya Birla Group’s Grasim to enter paints business with Rs 5,000 crore investment“The foray into paints is a strategic portfolio choice for Grasim as it looks to identify new growth engines,” said Kumar Mangalam Birla, C...
Grasim to sell fertiliser biz to IndoramaThe company’s other core businesses include manufacturing of Viscose Staple Fibre, Chlor-Alkali,and textiles in India. Its subsidiaries inc...
Grasim sells fertilizer biz to Indorama Corp for Rs 2,649 croreAfter market hours, the company said its board approved the sale of Indo Gulf Fertilisers by way of a slump sale to Indorama India Private,...
SUITS & SAYINGS: Round-up of weekly whispers & murmursET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
Blackstone buys Essel Propack for up to $460 million, to launch open offer at Rs 139/shareEssel Group is in the process to sell various assets, including road and solar portfolios.
WAPCOS gets CCI nod for NPCC acquisitionIn a tweet, the fair trade regulator said that it "approves the acquisition of shares of National Projects Construction Corporation Limited...
Albéa, Blackstone in talks to acquire specialty packaging company Essel PropackAlbéa, a global leader in beauty, personal care, oral care, pharmaceutical and food packaging, is owned by French private equity fund PAI P...
Lohias of Indorama eye Kumar Mangalam Birla’s fertiliser arm Indo Gulf for $500-600 millionIndo Gulf is a division of Aditya Birla Nuvo, a diversified conglomerate of the Aditya Birla Group which itself is in the middle of a mega ...
Hinduja brothers - G P Hinduja and S P Hinduja - top UK's 'Asian Rich List'G P Hinduja and S P Hinduja topped 'Asian Rich List 2016' and annual rankings showed that they had added one billion pounds to their person...
IVL set to acquire strategic stake in Dhunseri PetrochemIndorama Ventures will acquire a substantial stake and manage the company jointly with the Dhanukas, people familiar with the deal said.
- Baltic region wants Indian investments
Baltic Sea Region (BSR), a consortium of six countries, is seeking major investments from Indian companies in several sectors including lif...
- Heidelberg to pick 51% stake in Mysore Cements
Germany-based HeidelbergCement is believed to be close to buying 51% of the equity capital of the SK Birla-promoted Mysore Cements for abou...
- Heidelberg to buy 30% in Mysore Cement
Germany-Based Heidelberg Cement is close to acquiring a major stake in Mysore Cement, the SK Birla group company, as foreign giants rush to...