Tatas take a wait-&-watch line on Corus The Tata group will be forced to play a wait-and-watch game as rival Brazilian steel firm CSN shortly begins its due diligence on Corus, the Anglo-Dutch steel giant. On...
‘Tata may revise offer for Corus’
‘Tata may revise offer for Corus’ Tata Steel Ltd. may revise its offer for Anglo-Dutch steelmaker Corus Group Plc. after Brazil’s Companhia Siderurgica Nacional (CSN) topped Tata’s bid...
Thomas Cook equity shareholders & unsecured creditors approve Scheme of Amalgamation
Thomas Cook equity shareholders & unsecured creditors approve Scheme of Amalgamation Thomas Cook India Ltd has informed BSE that the Unsecured Creditors of the Company, at its Court convened meeting held on November...
Hampsons may acquire 100% in JV with Maini Precision
Hampsons may acquire 100% in JV with Maini Precision Maini Precision Products (MPP) is looking at exiting Hampson Maini, the joint venture with UK-based $275 million Hampson Industries. Maini Precision had entered into...
Cementing a deal
Cementing a deal Holcim’s moves are perfectly timed Holcim’s move to increase its stake in Gujarat Ambuja Cements Ltd (GACL) by acquiring another 3.7% speaks of the aggression with which the Zurich-based...
Top brokers upgrade target price for Corus
Top brokers upgrade target price for Corus In an instant response to the counter bid by CSN for Corus Group Plc, the majority of the top European broking firms and fund houses put out client notes on Saturday upgrading...
Will Tatas be able to clinch Corus finally?
Will Tatas be able to clinch Corus finally? It is an undeclared valuation game in the global steel space that could be won by the domestic giant Tatas only after outbidding the hurdles from not just Brazil — but...
Tata Steel shares fall after CSN tops bid for Corus
Tata Steel shares fall after CSN tops bid for Corus Shares in Tata Steel Ltd. (TISC.BO: Quote, Profile, Research), India’s largest private sector steel-maker, fell as much as 3.6 percent to four-month lows on...
‘Anil Ambani plans global M&A fund’
‘Anil Ambani plans global M&A fund’ Anil Ambani is in talks with George Soros, private equity firm Blackstone and Singapore state investment firm Temasek about launching a $5 billion global buyout fund...
Tatas to go into huddle over CSN`s bid for Corus
Tatas to go into huddle over CSN`s bid for Corus The Tata Steel board will meet shortly to take stock of the situation arising out of Brazilian steel-maker Companhia Siderurgica Nacional’s (CSN’s) move to...
Severstal may jump into fray for Corus
Severstal may jump into fray for Corus Brazilian steel firm CSN’S all-cash counter-bid for Corus will force the Tata group to play the waiting game. If CSN does table a formal offer, Tata is not expected to go...
Tutis Technologies – Acquisition of Shares
Tutis Technologies Ltd has informed BSE that on July 24, 2009 the Company had acquired 550,000 Equity Shares of Re 1/- each in Vishal Information Technologies Ltd (Vishal), which is approx 0.34% of total share capital...
