Merrill buys Shriram`s truck loans Shriram Transport Finance Company said Merrill Lynch had offered to buy the company’s truck loan portfolio for $200 million (about Rs 924 crore) during the current financial year...
DSP buys Shriram’s truck finance portfolio for $200m
DSP buys Shriram’s truck finance portfolio for $200m Shriram Transport Finance Company (STFC), a division of the Chennai Shriram group, has sold its truck portfolio to DSP Merrill Lynch Capital for...
Merrill Lynch buys Shriram’s $100 m truck portfolio
DSP Merrill Lynch Capital Ltd, the non-banking finance arm of Merrill Lynch, has offered to buy truck portfolio amounting to $200 million from Shriram Transport Finance Company Ltd (STFCL) during the current fiscal. Of...
Uttam Galva eyes acquisitions to spread risk`
Uttam Galva eyes acquisitions to spread risk Uttam Galva Steels Ltd plans to expand capacity through acquisitions and greenfield projects in an effort to spread risk and increase sales, a senior company official said...
Uttam Galva eyes acquisitions to spread risk
Uttam Galva eyes acquisitions to spread risk Uttam Galva Steels Ltd. plans to expand capacity through acquisitions and greenfield projects in an effort to spread risk and increase sales, a senior company official said...
Natco Pharma – Buyback of equity shares to commence on Sept 12, 2006
Natco Pharma – Buyback of equity shares to commence on Sept 12, 2006 Fortune Financial Services India Ltd (Manager to the Buyback Offer) on behalf of Natco Pharma Ltd (Target Company) has issued this Public...
Natco Pharma defers buyback schedule
Natco Pharma defers buyback schedule Natco Pharma Ltd (NPL), the Hyderabad-based pharma company that has recently announced its decision to go in for buyback of shares, on Monday informed the stock exchanges that it has...
Tata Sons hikes stake in VSNL
Tata Sons hikes stake in VSNL Tata Sons has hiked its stake in Videsh Sanchar Nigam Ltd (VSNL) through open market purchase. The holding company of the Tata Group acquired 2 per cent stake in VSNL between August 9 and...
Sangam shareholders approve merger
Sangam shareholders approve merger At a meeting held on September 10, the shareholders and creditors of Sangam (India) Ltd have approved a scheme of amalgamation with Sangam Processors Bhilwara Ltd (SPBL), in Bhilwara...
Cargill to buy into asset revamp firm
Cargill to buy into asset revamp firm The world of junk loans is witnessing big action. The investment arm of US-based seed company Cargill is set to acquire a 49% stake in an IFCI-promoted asset reconstruction company...
Ipso to buy tube maker NS Group
Ipso to buy tube maker NS Group Steelmaker Ipsco Inc will buy steel tube maker NS Group, Inc for about $1.46 bn to strengthen its position as a producer of tubular products for the energy sector, the two companies said...
Mahindra’s component unit close to European buy
Mahindra’s component unit close to European buy The automotive components arm of Mahindra & Mahindra Ltd, India’s top utility-vehicle maker, is close to buying a European parts firm, a senior company...
