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Ruias to seek govt view on sale
The Ruias are contemplating approaching the Ministry of Company Affairs for its views on the Right of First Refusal (RoFR) clause in their shareholders' agreement with Hutchison Telecom......
ED, Sebi to probe Mallya-Diageo deal for South African Breweries
The acquisition of South African Breweries’ traditional beer business by Diageo is part of a complex web of transactions signed by the British firm with Mallya. The Securities and Exchange......
Legal hurdles loom over Poddar's MCF, Kalindee buy
Kolkata-based Adventz group chairman Saroj Poddar’s plans to acquire a sizable chunk of shares in both Mangalore Chemicals & Fertilisers and Kalindee Rail Nirmaan Engineers can hit legal......
India loses Kashagan oil field to China
India's ONGC has lost the giant Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 billion deal to buy US energy major ConocoPhillips' stake in the Caspian Sea oilfield. ONGC Videsh,......
SC reserves verdict on Cairn-Vedanta deal
The Supreme Court on Wednesday reserved its judgement on a petition challenging the validity of the $8.5 billion Cairn-Vedanta deal and seeking a CBI probe into it.A bench of justices K S......
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