Tata Steels forms joint venture in Ivory Coast for iron ore Tata Steel Ltd has announced that the company and SODEMI signed a joint venture agreement for Mount Nimba Iron Ore deposits in Ivory Coast, West Africa. Mr...
Govt, industry slam Orient Express` stand against Tatas
Govt, industry slam Orient Express` stand against Tatas The government and industry have expressed resentment over the way US luxury hotel chain Orient Express spurned Tatas’ offer for a strategic tie-up, stating...
Orient-Express turns down Indian Hotels proposal, again
Orient-Express turns down Indian Hotels proposal, again US-based hotel chain Orient-Express has turned down, for the second time, a proposal from Indian Hotels Company Ltd for a strategic alliance. This outright...
TV18-Infomedia deal: Co unlikely to revise offer price
TV18-Infomedia deal: Co unlikely to revise offer price Television Eighteen, which operates the business channels CNBC TV18 and Awaaz (Hindi business channel) as well as a clutch of online portals such as www...
TV18 to take 53% stake in Infomedia India
TV18 to take 53% stake in Infomedia India TV18 today announced that it would acquire 53 per cent stake in the publication company Infomedia India Ltd from an ICICI Venture managed fund, subject to regulatory clearances...
3 Indian cos bid for Singapore power giant
3 Indian cos bid for Singapore power giant Three domestic power companies — Reliance Energy, Tata Power and GMR Infrastructure — have submitted indicative bids to acquire Singapore-government owned Tuas...
Geothermal power on Bhilwara’s radar
Geothermal power on Bhilwara’s radar Bhilwara Energy is on a power drive. It’s firming up plans to set up 200-MW geothermal power plants in the country at an investment of around Rs 2,500 crore in the next 4...
Three investors line up for equity stake in GoAir
Three investors line up for equity stake in GoAir GoAir is believed to be mulling over bringing in a new equity partner from among three aspirants, including a leading Indian corporate and a global venture capitalist...
Magna Seating & Krishna Group enter into 50:50 joint venture
Magna Seating, a constituent of the global auto parts supplier Magna International, and Krishna Group have entered into a 50:50 joint venture agreement to manufacture seating systems for automobile manufacturers based...
L&T seeks regulatory approval to sell Satyam stake
Engineering and construction giant, Larsen & Toubro (L&T), today said that it has sought regulatory approval to sell its stake in IT major, Mahindra Satyam. "We have sought permission from regulators as an...
FMC rejects USE’s 10% stake buy in Indiabulls-MMTC bourse
Indiabulls-MMTC promoted International Multi-Commodities Exchange is looking for another investor after the markets regulator FMC rejected the United Stock Exchange of India’s (USE’s) 10 per cent stake buy...
L&T seeks SEBI nod to exit Mahindra Satyam
Engineering and construction major Larsen and Toubro has sought the Securities and Exchange Board of India’s approval to sell its stake in IT services company Mahindra Satyam. L&T will be able to exit the...
