Kausik Datta &Amp; Deepak Korgaonkar In Mumbai

Stories by Kausik Datta &Amp; Deepak Korgaonkar In Mumbai

Amtek Auto renews UK bid

Amtek Auto renews UK bid

Rediff.com   15 Jan 2007

Amtek Auto is renewing its bid to acquire JL French Automotive Casting's Whitham plant in Essex in the UK, six months after its first abortive attempt.

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.

It's raining orders for core firms

It's raining orders for core firms

Rediff.com   24 Dec 2006

India Inc's order-book surged 80% to Rs 73,233 crore in 2006.

Oil companies to pay interim dividend

Oil companies to pay interim dividend

Rediff.com   21 Dec 2006

The government owned oil companies have proposed to pay interim dividend for the financial year 2006-07

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).

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.

Investors poorer by Rs 106,838 cr

Investors poorer by Rs 106,838 cr

Rediff.com   12 Dec 2006

Market wealth worth Rs 1,06,838 crore (Rs 1,068.38 billion) was eroded on Monday as the 30-scrip BSE Sensex reported a record fall of 400 points in a single day, the highest in the last six months.

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.

India trumps South Korea in m-cap

India trumps South Korea in m-cap

Rediff.com   6 Dec 2006

The Indian market on Tuesday displaced its South Korean counterpart to attain the fourth position in the market cap rankings for the Asia Pacific region, with a total market cap of $821 billion.