Kausik Datta &Amp; Gayatri Ramanathan In Mumbai

Stories by Kausik Datta &Amp; Gayatri Ramanathan In Mumbai

Shapoorji arm plans initial float

Shapoorji arm plans initial float

Rediff.com   11 Jan 2007

Afcons, a Shapoorji Pallonji group company, is planning to raise around Rs 300 crore (Rs 3 billion) through an initial public offering.

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.

Cairn may evacuate oil through Gujarat

Cairn may evacuate oil through Gujarat

Rediff.com   10 Jan 2007

Cairn India is actively considering the option of evacuating its crude oil from Rajasthan through Viramgam in Gujarat

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.

ONGC-LN Mittal deal: Marriage of convenience

ONGC-LN Mittal deal: Marriage of convenience

Rediff.com   4 Jan 2007

When the news of steel baron LN Mittal getting into the energy sector without his Indian exploration and production partner, Oil and Natural Gas Corporation surfaced, there was much speculation about whether the alliance was on the verge of a break-u

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).

BPCL to invest Rs 6,000 cr in exploration business

BPCL to invest Rs 6,000 cr in exploration business

Rediff.com   20 Dec 2006

Bharat Petroleum Corporation lans to invest around Rs 6,000 crore (Rs 60 billion) in the exploration and production business over the next few years.

A buyer's guide to real estate in metros

A buyer's guide to real estate in metros

Rediff.com   18 Dec 2006

Have money and want to buy a house? Here are some tips.

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.

Reliance Energy to invest Rs 50,000 crore by 2012

Reliance Energy to invest Rs 50,000 crore by 2012

Rediff.com   13 Dec 2006

The group has lined up close to a dozen projects, which will take the company's installed capacity to around 18,000 mw.

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.