Kausik Datta &Amp; Rakteem Katakey In Mumbai

Stories by Kausik Datta &Amp; Rakteem Katakey In Mumbai

Tata Steel to sell Corus aluminium business

Tata Steel to sell Corus aluminium business

Rediff.com   30 Jun 2007

Six months after acquiring Anglo-Dutch steel giant Corus, Tata Steel has put the foreign company's aluminium business on the block.

Dr Reddy's in SEC list for terrorist state links

Dr Reddy's in SEC list for terrorist state links

Rediff.com   30 Jun 2007

The list, posted on a website link launched by the US regulator, includes ABB, HSBC, Nokia, Unilever, Cadbury, Total and Siemens among others.

Gas for Dabhol plant days away

Gas for Dabhol plant days away

Rediff.com   27 Jun 2007

The 386-km pipeline from Dahej to the power plant became operational on Monday.

Ethanol blending can be lethal for your car

Ethanol blending can be lethal for your car

Rediff.com   27 Jun 2007

The ethanol blended with petrol needs to be of 99.99 per cent purity.

India Inc's financial recast on fast track

India Inc's financial recast on fast track

Rediff.com   25 Jun 2007

Srei Infrastructure Finance last month sold 50 per cent stake in a part of its business equipment financing arm to France's largest bank BNP Paribas for Rs 775 crore

Centre in a bind over RIL's KG gas

Centre in a bind over RIL's KG gas

Rediff.com   25 Jun 2007

Higher price will lead to hike in fertiliser subsidy while a lower price will hit returns.

Islamic financing makes debut

Islamic financing makes debut

Rediff.com   25 Jun 2007

Srei Infrastructure Finance is set to be the first Indian company to go for Islamic financing for over Rs 200 crore

Dabhol output may go up to 5,000 Mw

Dabhol output may go up to 5,000 Mw

Rediff.com   22 Jun 2007

A ministerial group is mulling a proposal to increase the troubled Dabhol power plant's capacity to 5,000 Mw from the present 2,184 Mw to ensure its long-term viability.

Tatas face bidding battle in Vietnam

Tatas face bidding battle in Vietnam

Rediff.com   22 Jun 2007

This is for the second time that Tata Steel is getting into a take-over battle. It acquired the Anglo-Dutch steel company Corus Group after beating rival suitor, CSN of Brazil, through auction.

Lehman, others vie for Brics' broking business

Lehman, others vie for Brics' broking business

Rediff.com   21 Jun 2007

International brokerages, especially those which have made recent entry into the domestic market, are lining up to acquire the institutional broking business of the city-based Brics Securities.

Aditya Birla sets eyes on airport job

Aditya Birla sets eyes on airport job

Rediff.com   19 Jun 2007

Sources close to the development said the group will shortly take a decision on the business, which has seen interest from large houses like the Tatas and the Ambanis.

Ranbaxy Fine set to buy Wipro Biomed

Ranbaxy Fine set to buy Wipro Biomed

Rediff.com   18 Jun 2007

close to the development confirmed that a deal could be signed between the parties shortly

Foreign LPG firms threaten pullout

Foreign LPG firms threaten pullout

Rediff.com   15 Jun 2007

Hazra, the director of Hindustan Aegis LPG Bottling, said that the government's stance was discouraging the multinationals from making further investments.

IOC rural malls script success story

IOC rural malls script success story

Rediff.com   14 Jun 2007

The government-owned Fortune 500 company, which is the country's largest company in terms of sales, has already commissioned 1,180 Kisan Sewa Kendras.

Gas pipeline for Dabhol delayed again

Gas pipeline for Dabhol delayed again

Rediff.com   12 Jun 2007

The laying of gas pipeline to feed the 2,150-Mw Dabhol power plant owned by Ratnagiri Gas and Power Private Ltd has been delayed again.

Oil ministry wants 49% FDI cap in govt-owned refin

Oil ministry wants 49% FDI cap in govt-owned refin

Rediff.com   5 Jun 2007

The petroleum ministry has recommended a hike in the foreign direct investment cap in government-owned refineries to 49 per cent from the current 26 per cent.

Sterlite's $2 bn ADS to list in mid-June

Sterlite's $2 bn ADS to list in mid-June

Rediff.com   5 Jun 2007

Sterlite Industries is set to list its $2 billion (Rs 8,000 crore) American Depository Shares issue, the largest by any Indian company, with the New York Stock Exchange by the middle of this month.

Essar to monetise 33% Hutch stake

Essar to monetise 33% Hutch stake

Rediff.com   29 May 2007

This delay was a result of controversies over a 15 per cent holding by Hutchison-Essar Managing Director Asim Ghosh, healthcare major Max's Analjit Singh and financial institution IDFC.

Holcim, Birla in race for market leadership

Holcim, Birla in race for market leadership

Rediff.com   24 May 2007

Aditya Birla Group and Holcim are rapidly increasing capacity in a bid to become the largest player in India's cement industry.

IPOs set to break all records

IPOs set to break all records

Rediff.com   23 May 2007

Market-men expect these offers will compete head to head for investors' fund of over Rs 24,000 crore next month.