MNCs continue to encash lofty valuations at Indian-listed armsIndian subsidiaries outperform foreign parents in revenue growth, profit margins, and market cap even as MNCs face a struggle to expand in ...
AM/NS India parent seals $5bn loan for Hazira plant expansionThis will help AM/NS India produce steel needed for the defence, automotive and infrastructure sectors. Earlier this year, the company had ...
Biz rejig takes care of all concerns of Motherson Sumi stakeholders: Vivek Chaand Sehgal‘Sumitomo wanted their focus only to be on the domestic wiring harness business for which this JV was set up 37 years ago.’
ArcelorMittal, Nippon Steel sign $5.14 billion loan pact to refinance Essar Steel buyThe 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal Nippon Steel India Ltd....
We have recommended to vertically split Motherson Sumi: Vivek Chaand SehgalWe are trying to address the long-standing request from Sumitomo SA to simplify the company. The board would assess our recommendations and...
ArcelorMittal to make $1 bln creditor payment to bid for Essar SteelEssar Steel's committee of creditors now has an eight-week period to evaluate bids.
Emerging market sell-off set to get worse, says surveyThe selloffs in developing-nation currencies and stocks are likely to continue in H2CY2018.
Sajjan Jindal,T V Narendran elected to worldsteel key postsJohn Ferriola, Chairman, Chief Executive Officer, President, Nucor Corporation and POSCO CEO Ohjoon Kwon have been elected to the post of V...
Japan banks on wildest ride since global crisis before BOJBanks profit from making loans at higher interest rates than what they paid for their funding, meaning a wider yield spread provides fatter...
CSC-HP deal gets Competition Commission nodCCI said it has approved the "demerger of Enterprise Service Business of HPE into Everett Spinco; the latter to become subsidiary of CSC".
Gold rout spreads to other metalsChina's economy is set to expand at the slowest pace since 1990, curbing demand in the world's biggest consumer of metals.
Reliance Jio raises Rs 4,500 crore loan to fund electronic purchases from SamsungThis is the first facility by K-sure with RJio and its largest deal in India, but is the second facility by K-sure with the Reliance Group ...
- Reliance Industries hires 18 banks for $1.09 bn loan
RIL plans to replace debt maturing in about two years that has higher interest costs, another person familiar with the matter said last mon...
- Brazil steelmaker CSN sells part of iron ore mine
Brazilian steelmaker CSN says it has reached a deal to sell 40 percent of its Namisa iron ore mine to a consortium of Asian companies for U...
- RIL hires 17 banks for $1 bn loan
Reliance will meet investors in Macau, Taipei, HK, Singapore, Dubai, Abu Dhabi, and Bahrain, to promote the multicurrency loan. Is the stoc...
- Neel Metal plans 52.51 lakh share IPO
Neel Metal Products Ltd will issue 52,51,000 equity shares of Rs 10 each in its proposed initial public offering, for which it has filed pa...
- Reliance Petro to borrow $2 bn for expansion
Reliance Petroleum Ltd will borrow $2 billion from a consortium of 14 banks to part finance its upcoming 6.1 billion dollar (nearly Rs 27,0...