Kausik Datta &Amp; C H Unnikrishnan In Mumbai

Stories by Kausik Datta &Amp; C H Unnikrishnan In Mumbai

Tata vies for Daewoo Romania

Tata vies for Daewoo Romania

Rediff.com   15 Jan 2007

The Tata group may take on global automobile giants such as Ford and Renault-Nissan for in an attempt to buy Daewoo Automobile Romania, the privatisation of which the Romanian government has put on the fast track.

CSN's Corus play faces EU anti-trust probe

CSN's Corus play faces EU anti-trust probe

Rediff.com   11 Jan 2007

The shadow of the European Commission's anti-trust proceedings is hanging over Companhia Siderurgica Nacional's bid for Anglo-Dutch steelmaker Corus.

Hutch set to wrap up deal by mid-February

Hutch set to wrap up deal by mid-February

Rediff.com   10 Jan 2007

Hutchison Telecom is expected to complete the sale of its 67 per cent stake in the country's fourth largest telecom company, Hutchison Essar, before the Chinese New Year holiday, which begins February 17.

Hindujas to bid for hutch stake

Hindujas to bid for hutch stake

Rediff.com   6 Jan 2007

Financing would not be an issue for the group that had business interests in global finance, telecommunications, film, oil and the automotive sector.

Hindujas in race for Hutch, Rel Comm to raise $5 b

Hindujas in race for Hutch, Rel Comm to raise $5 b

Rediff.com   4 Jan 2007

Just six months after pulling out of Hutchison Essar, the Hinduja group is set to throw its hat into the ring for the country's fourth largest telecom company.

Tata may bid 10% more for Corus

Tata may bid 10% more for Corus

Rediff.com   2 Jan 2007

Final bid expected to be placed in a fortnight.

Kinetic to rejig operations

Kinetic to rejig operations

Rediff.com   26 Dec 2006

In a bid to enhance shareholders' value, the Kinetic group is restructuring operations to house its two-wheeler and auto-component businesses in Kinetic Motor Company and Kinetic Engineering, respectively.

How Indian firms finance their overseas M&As

How Indian firms finance their overseas M&As

Rediff.com   26 Dec 2006

Most people would not think of United Phosphorus when discussing mergers and acquisitions.

Sobha promoter in billionaire club

Sobha promoter in billionaire club

Rediff.com   21 Dec 2006

P N C Menon, chairman of Sobha Developers, joined the billionaire club today, with the market value of his shares in his newly listed company touching Rs 6,135 crore

Reliance Life closes in on $1 bn US buy

Reliance Life closes in on $1 bn US buy

Rediff.com   21 Dec 2006

Mukesh Ambani-promoted biotech venture Reliance Life Sciences is close to acquiring a US company for nearly $1 billion (Rs 4,500 crore).

India Inc lends patient ear to hearing impaired

India Inc lends patient ear to hearing impaired

Rediff.com   18 Dec 2006

India's leading corporate houses like Mahindra & Mahindra, Hindustan Construction Company, HDFC, Deutsche Bank and a few others have joined hands to help re-building work skills for the hearing-impaired, who are otherwise healthy and normal but rema

Unichem Lab to set up facility in Ireland

Unichem Lab to set up facility in Ireland

Rediff.com   16 Dec 2006

After raising its stake to 100% in UK JV; the firm plans to expand European portfolio with new products.

Metro Cash, Reliance rope in ICICI to spot propert

Metro Cash, Reliance rope in ICICI to spot propert

Rediff.com   15 Dec 2006

German retail giant Metro Cash & Carry and India's emerging retail venture Reliance Retail have roped in the property services group of ICICI Bank for identifying retail properties for its proposed pan India expansion.

Nimbus to sell 25% for $125 million

Nimbus to sell 25% for $125 million

Rediff.com   15 Dec 2006

Nimbus Communications has agreed to sell a one-fourth stake to an international media giant for $125 million (Rs 562 crore), valuing the company at Rs 2,250 crore

Corus: Rising bids raise fear of Winner's Curse

Corus: Rising bids raise fear of Winner's Curse

Rediff.com   14 Dec 2006

The rising heat in the race between Tata Steel and Brazil's CSN to acquire Anglo-Dutch steelmaker Corus

Ruias eye war chest for Hutch

Ruias eye war chest for Hutch

Rediff.com   14 Dec 2006

Egypt minister to discuss Orascom.

Tata likely to fight back on Corus

Tata likely to fight back on Corus

Rediff.com   13 Dec 2006

Company may up bid further: Analysts.

WHO's new pact to boost Indian pharma

WHO's new pact to boost Indian pharma

Rediff.com   11 Dec 2006

The proposal will help India, one of the most cost-effective location for pharmaceutical production, to increase its growing generic exports multifold in a hassle-free regulatory environment.

PwC in talks with Reliance, Bharti for retail IT

PwC in talks with Reliance, Bharti for retail IT

Rediff.com   7 Dec 2006

The global consultancy firm PricewaterhouseCoopers is foraying into custom-made software and IT implementation services to tap the booming organised retail industry in India.

Idea plans to raise Rs 2,500 cr through IPO

Idea plans to raise Rs 2,500 cr through IPO

Rediff.com   6 Dec 2006

The company will go in for a pre-IPO private placement of 15 per cent of the shares to be offered through the issue.