Rumi Dutta &Amp; Kausik Datta In Mumbai

Stories by Rumi Dutta &Amp; Kausik Datta In Mumbai

Reliance Retail eyes foreign buy

Reliance Retail eyes foreign buy

Rediff.com   15 Mar 2007

The company reportedly in talks with a dozen firms overseas for an acquisition.

CLB's shot in the arm for Kushagra Bajaj

CLB's shot in the arm for Kushagra Bajaj

Rediff.com   13 Mar 2007

Board meetings of two holding companies stayed.

Iron ore prices may fall

Iron ore prices may fall

Rediff.com   12 Mar 2007

Iron ore prices are expected to fall in next couple of months following the imposition of duties on exports.

Italy's Lavazza to buy Barista

Italy's Lavazza to buy Barista

Rediff.com   9 Mar 2007

Sources close to the development said Lavazza would acquire the majority stake in Barista from ace investor C Sivasankaran

Holcim to up control in ACC, Guj Ambuja

Holcim to up control in ACC, Guj Ambuja

Rediff.com   27 Feb 2007

In a move aimed at consolidating its Indian operations, Swiss cement major Holcim will increase its control in ACC and Gujarat Ambuja Cements for close to Rs 2,700 crore (Rs 27 billion).

Tatas may go for rights issue for Corus buy

Tatas may go for rights issue for Corus buy

Rediff.com   26 Feb 2007

Tata Steel may opt for a rights issue to raise funds to finance its $13.13 billion purchase of the Corus group

Hindalco's Novelis plans develop a Coke snag

Hindalco's Novelis plans develop a Coke snag

Rediff.com   22 Feb 2007

Although both parties were tightlipped on the details of the lawsuit, which was served on the company's US subsidiary this week, sources in the know said its financial implications would be huge if the court verdict goes against Novelis.

Tata Tea to offload northern estates

Tata Tea to offload northern estates

Rediff.com   17 Feb 2007

Continuing with its move to position itself as a beverage marketing company, Tata Tea is set to divest 80 per cent in its North Indian Plantation Operations, which is being spun off to a handful of investors and workers.

Corus chief to get Rs 6.41 crore as bonus

Corus chief to get Rs 6.41 crore as bonus

Rediff.com   15 Feb 2007

Corus Group chairman Jim Leng will receive an addition payment of pound 750,000 (Rs 6.41 crore) for turning around the Anglo-Dutch steel maker in the past two years.

PE funds help make India Inc transparent

PE funds help make India Inc transparent

Rediff.com   15 Feb 2007

The Mumbai-based Arch Pharma has raised $27 million from private equity funding in the last four years

Areva may queer Suzlon pitch for German firm

Areva may queer Suzlon pitch for German firm

Rediff.com   14 Feb 2007

Suzlon's Rs 6,000 crore (Rs 60 billion) bid to acquire Germany's third largest wind turbine maker REpower could well turn into a bidding war

Temasek to invest $300 mn in TV channel

Temasek to invest $300 mn in TV channel

Rediff.com   7 Feb 2007

The proposed company could rope in former CEO of Star TV Peter Mukerjea and Mukesh Ambani.

Corus' Dutch workers seek guarantees

Corus' Dutch workers seek guarantees

Rediff.com   6 Feb 2007

The demand comes close on the heels of Community, which represents more than 80 per cent of the company's UK employees, seeking talks with the Tata group

Meet the man who handled Tatas' Corus bid

Meet the man who handled Tatas' Corus bid

Rediff.com   5 Feb 2007

Meet Arunkumar Ramanlal Gandhi. The head of the M&A activities in the Tata Group, who called up Tata to convey Tata Steel's victory.

Tata Steel gets nod for Rs 6000 cr Iran plant

Tata Steel gets nod for Rs 6000 cr Iran plant

Rediff.com   2 Feb 2007

Tata Steel's global footprint is spreading at a furious pace.

Auction may not be last word on Corus

Auction may not be last word on Corus

Rediff.com   31 Jan 2007

Board has right to reject takeover panel's choice.

Tatas bet big on Corus, expansion

Tatas bet big on Corus, expansion

Rediff.com   29 Jan 2007

Tata Steel's greenfield projects -- in Orissa, Chhattisgarh and Jharkhand -- were significant for Corus, which incurred high cost on raw materials, said sources close to Tata Steel.

Hindujas seek management control in Telecom Italia

Hindujas seek management control in Telecom Italia

Rediff.com   22 Jan 2007

The Hinduja group says it will bid for Italian tyre and real estate major Pirelli's stake in Telecom Italia only if the acquisition gives it management control in Italy's largest telecommunications operator.

UB to buy Whyte & Mackay for Rs 4,350 cr

UB to buy Whyte & Mackay for Rs 4,350 cr

Rediff.com   17 Jan 2007

This will be the largest M&A by an Indian firm, to be complete by January-end.

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.