Moser Baer arm buys stake in Solaria Moser Baer Photo Voltaic Ltd, a wholly owned subsidiary of Moser Baer India Ltd(MBI), announced on Monday that it has invested into Solaria, a photovoltaic concentration technology...
Alok acquires 60% stake in Czech firm
Alok acquires 60% stake in Czech firm Alok Industries has acquired a 60 per cent stake in the Czech Republic-based fabric manufacturer, Mileta International. The company hopes it will help target the European market...
Alok Ind to buy 60 pc stake in Czech co Mileta
Alok Ind to buy 60 pc stake in Czech co Mileta Alok Industries will acquire a 60-per-cent stake in the Czech Republic-based Mileta International (Mileta) at a cost of 13.96 million. The Indian company retains the option...
Alok Inds to pick up 60% stake in Czech co
Alok Inds to pick up 60% stake in Czech co Textiles company Alok Industries has signed a memorandum of understanding (MoU) with Mileta International of Czech Republic to acquire 60% stake for e13.97m. Alok has retained...
Arcelor-Mittal merger is a pleasant surprise: LN
Arcelor-Mittal merger is a pleasant surprise: LN Steel tycoon L N Mittal has said he is ‘pleasantly surprised’ at how complementary the 34.3 billion dollar merger of his company Mittal Steel with its nearest...
Alok Industries to buy 60% in Czech textile firm
Alok Industries to buy 60% in Czech textile firm Textiles maker Alok Industries Ltd. said on Tuesday it would buy a majority stake in Czech firm Mileta International to strengthen its apparel and home textiles business...
After skies, Goyal plans to rule roads
After skies, Goyal plans to rule roads Having captured a majority share of the Indian skies, Naresh Goyal now seems to have set his sights on the Indian roads. Goyal-promoted Jetair on Wednesday announced its entry into...
Bombay HC to hear UWB petition tomorrow
Bombay HC to hear UWB petition tomorrow The board of United Western Bank (UWB) has strongly objected to the Reserve Bank of India’s (RBI) proposal of handing over the troubled private sector bank to Industrial...
PM to talk afresh with allies on divestment
PM to talk afresh with allies on divestment Prime Minister Manmohan Singh on Sunday said he would discuss the issue of stake sales in public sector undertakings before moving forward with divestment plans. In July...
ASK likely to buy out Raymond James in JV
ASK likely to buy out Raymond James in JV ASIT Kotecha-owned ASK Investment & Financial Consultants is learnt to be buying out its partner Raymond James from the boutique investment and wealth management firm ASK...
SAIL taking M&A route to raise value for stakeholders
SAIL taking M&A route to raise value for stakeholders In line with the global trend of consolidation in the steel industry, the Steel Authority of India Ltd (SAIL) too is taking the route of merger and acquisitions...
Sun Pharma to demerge its ‘I&D wing’
Sun Pharma to demerge its ‘I&D wing’ Pharma major Sun Pharmaceutical Industries Ltd is all set to demerge its ‘Innovation and Development’ wing to float a separate company. "We will...
