* TSX up 45.41 points, or 0.31 percent, at 14,727.38 * Six of the TSX’s 10 main groups are higher Aug 30 Canada’s main stock index rose in early trade on Tuesday, boosted by a rebound in energy stocks and...
Mitsubishi sells majority stake in MCCPTA to The Chatterjee Group
KOLKATA: The Chatterjee Group (TCG) will acquire a ‘substantial majority’ in MCC PTA India Corp (MCPI), a subsidiary of Mitsubishi Chemical Corporation. TCG hopes to complete the acquisition by November and...
NFCL picks equity in Kakinada Fert
Nagarjuna Fertilizers & Chemicals Ltd (NFCL) has decided to acquire 50,000 equity shares of Rs 10 each amounting to Rs 5 crore in the equity share capital of Kakinada Fertilizers Ltd (KFL), a company involved in...
Heineken increases stake in United Breweries to 43%
Dutch beer maker Heineken increased its stake in United Breweries to 43 per cent by buying shares in the open market even as UB chairman Vijay Mallya battles an outrage for loans he owes to banks. Mallya holds 32.45 per...
Dutch beer giant Heineken appoints JM Financial to help increase stake in United Breweries.
Dutch beer giant Heineken has appointed investment bank JM Financial to help increase its stake and control in United Breweries in yet another sign that beleaguered liquor baron Vijay Mallya’s hold over the last...
In bid to reduce debt, USL puts plan to sell properties on fast track.
India’s largest spirits maker, United Spirits (USL), majority owned by UK’s Diageo Plc, has hastened the process of selling 13 residential properties and mandated a leading banker to re-evaluate these...
GCPL arm acquires majority stake in Kenya-based Canon Chemicals
A subsidiary of fast-moving consumer goods firm Godrej Consumer Products Ltd (GCPL) has acquired a majority stake in Kenya-based Canon Chemicals Ltd for an undisclosed sum. Canon Chemicals manufactures and distributes...
ChemChina’s Ren Chases DNA Change With $43 Billion Syngenta Bid
The blue locomotive rolled out of Zhengzhou, pulling boxcars stacked with more than 10,000 Chinese-made tires. They were heading across two continents to Germany as part of a “new silk road†initiative to boost...
AB InBev gets CCI nod to acquire SABMiller.
Breweries major AB InBev has received fair trade regulator CCI’s approval to acquire its close rival SABMiller for about 71 billion pounds. Last year, Anheuser-Busch InBev (AB InBev) said that it had completed an...
Chambal Fertilisers to sell entire shipping business>
Chambal FertilisersBSE 1.60 % & Chemicals today said its board has given approval to sell entire shipping business or dispose off all five ships/vessels owned by the company. The company requires fund to set up new...
Dow-DuPont merger to create Rs 11,600-crore chemical giant in India
The merger between Dow Chemical and DuPont will create a Rs 11,600-crore speciality chemicals giant in India that will take on the likes of BASF in chemicals and Syngenta and Monsanto in agrochemicals. Dow Chemical in...
