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OFFICIAL AT ZUARI GROUP
Zuari group firming up plans to consolidate MCFL stakeA two-way battle is going on between Zuari group and Deepak Fertilisers for takeover of MCFL.
Govt plans to extend subsidy payments to Mangalore Chemicals and Fertilisers, 2 othersThe govt wants to ensure there is no shortage of urea in southern states, as there is only one active urea plant for the four southern stat...
Sebi asks Zuari to launch open offer within 12 days of CCI nodKolkata based industrialist Saroj Poddar-led Zuari group had launched the open offer in December last year, which it later revised to Rs 39...
Deepak Fertiliser sells 2.2% stake in MCFL for about Rs 22 croreWhen contacted, company's spokesperson declined to comment on the reason behind offloading the 26 lakh shares in MCFL.
Ten stocks in focus in Wednesday morning tradeIndian markets are expected to trade flat. Here is a list of ten stocks which are likely to be in focus today.
Battle for MCFL set to escalate; Deepak Fertilisers raises stake to 32%Deepak Fertilisers has acquired about 6% stake from Morgan Stanley and Karnataka State Cooperative Marketing Federation, in open offer clos...
Kingfisher Airlines set to be declared a wilful defaulter by its lendersThe airline hasn’t flown since October 2012, grounded by its inability to pay employees and subsequently losing its licence.
Deepak Fertilisers makes open offer for 26 pc more in MCF; stocks surgeDeepak Fertilisers, which holds 24.46 per cent stake in MCF, has made an offer to buy 3.08 crore shares, or 26 per cent equity, at Rs 61.75...
Zuari permanently shelves Rs 5,000 crore urea plant plan in KarnatakaZuari Fertiliser and Chemicals Ltd has shelved a proposed Rs 5,000 crore urea plant in Karnataka over land acquisition delays.
Why Vijay Mallya needs to start afresh and save his empire from shrinking furtherVijay Mallya has given up his crown jewel United Spirits, his airline remains grounded, and he may no longer call the shots at his fertilis...
Zuari Fertilisers hikes stake in Mangalore Chemicals to over 13%Both the companies have said that they had acquired these stakes with prior knowledge of the current promoters of MCFL and these were their...
- Karnataka eyes over Rs 20,000 crore investment in MSME
The Karnataka Government is looking at over Rs 20,000 crore investments in micro, small and medium enterprises (MSME) sector in this year's...
- Zuari Industries closes urea manufacturing plant temporarily due to shortage of feedstock
ZIL, a K K Birla Group of Companies venture, was severely hit after a multi-functional pipeline feeding naphtha, a raw material for urea.
- BPC announces further contract of 400,000 tonnes of MoP at $490/tonne CFR
The MoP (muriate of potash) supply deal, struck with Zuari Industries Ltd is to be shipped to Indian shores between September 2011 and Marc...
- Birlas take creeping route to increase stakes in group cos
In a season of volatile markets and plunging business fortunes, the Birlas-cutting across family lines-are buying into their own companies.
- Kumar Birla on bits board
Gen-Next’s successors have started moving into the saddle of the Krishna Kumar Birla group. Grand-nephew Kumar Mangalam Birla has been offi...
- Balco dispute now goes to secy panel
Balco, the department of disinvestment has referred the issue to the core group of secretaries on disinvestment.