News for 'PLC'

Diageo set to re-enter IMFL mart

Diageo set to re-enter IMFL mart

Rediff.com7 Aug 2006

SABMiller to buy Foster's India for $120 mn

SABMiller to buy Foster's India for $120 mn

Rediff.com4 Aug 2006

Australia's beverage company Foster's Group Ltd has sold its brewing interests in India and Vietnam for $225 million, marking its exit from beer-making in Asia.

Will the West Coast refinery take off?

Will the West Coast refinery take off?

Rediff.com9 Jan 2020

BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.

Who is Arun Sarin?

Who is Arun Sarin?

Rediff.com10 Jan 2007

Arun Sarin is the chief executive officer of Vodafone Group Plc, the United Kingdom-based global mobile operator.

Sterlite shooting may dent Vedanta's brand image

Sterlite shooting may dent Vedanta's brand image

Rediff.com7 Jun 2018

The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury

NTPC to raise up to $1 bn

NTPC to raise up to $1 bn

Rediff.com10 Jan 2006

India's largest power generation company National Thermal Power Corporation on Tuesday embarked upon a major overseas fund raising exercise and decided to establish medium term note programme of $1 billion.

Unitech raises 360 mn pounds from LSE

Unitech raises 360 mn pounds from LSE

Rediff.com15 Dec 2006

UCP, recently incorporated in the Isle of Man, announced on Friday that it has placed 360 million ordinary shares of one pence each (face value) through the IPO as it aims to invest in the Indian real estate sector.

Barclays plans credit card foray

Barclays plans credit card foray

Rediff.com2 Dec 2006

Barclays Plc, UK's third-largest bank by assets, plans to enter the emerging credit card market in India.

Mothercare plans to expand in India

Mothercare plans to expand in India

Rediff.com1 Dec 2006

The Indian arm of the UK-based retailer for expecting mothers and kidscare Mothercare Plc is on an expansion mode in India.

Corus to list 46.8 mn shares on LSE

Corus to list 46.8 mn shares on LSE

Rediff.com24 Nov 2006

Corus Group Plc on Friday said it will list 46.8 million additional equity shares for trading on the London Stock Exchange.

Why Deutsche Bank's little jewel in India was spared the axe

Why Deutsche Bank's little jewel in India was spared the axe

Rediff.com6 Nov 2015

Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.

Foreign banks to hire over 50,000 in India

Foreign banks to hire over 50,000 in India

Rediff.com23 Apr 2007

Together with Barclays-ABN Amro, about a half a dozen foreign banks such as Citigroup, HSBC and Standard Chartered could hire over 50,000 employees in India in the next three years.

Biggest bank frauds in the past 11 years

Biggest bank frauds in the past 11 years

Rediff.com12 Jun 2019

Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 cases were reported by the ICICI Bank.

How Tata steel plans to fund Corus buy

How Tata steel plans to fund Corus buy

Rediff.com17 Apr 2007

Tata Steel on Tuesday said it will sell equity shares worth $2.3 billion in domestic and overseas markets, besides $6.1 billion in debt to fund acquisition of Anglo-Dutch firm Corus Group Plc.

Vodafone eyes 49% in Bharti Ent

Vodafone eyes 49% in Bharti Ent

Rediff.com25 Nov 2005

Vodafone's merger with Idea faces tax dispute hurdle

Vodafone's merger with Idea faces tax dispute hurdle

Rediff.com3 Mar 2017

While it was technically not possible to block the deal, the tax department could resort to arm-twisting.

In win for India, UK HC dismisses Pak's claim on Nizam's funds

In win for India, UK HC dismisses Pak's claim on Nizam's funds

Rediff.com2 Oct 2019

The Nizam's descendants, Prince Mukarram Jah -- the titular eighth Nizam of Hyderabad -- and his younger brother Muffakham Jah, joined hands with the Indian government in the legal battle against Pakistan for possession of over around 35 million pounds lying with NatWest Bank plc in London.

Hirco to invest pound 47.9 mn for Chennai township

Hirco to invest pound 47.9 mn for Chennai township

Rediff.com26 Mar 2007

Hirco Plc, a real estate investment firm floated by Mumbai-based Hiranandani Group,on Monday announced an investment of pound 47.9 million (about Rs 400 crore) to develop a township in Chennai.

Barclays-ABN talk $160-billion merger

Barclays-ABN talk $160-billion merger

Rediff.com20 Mar 2007

British bank Barclays Plc could jump into the league of top three foreign banks in India from 13 at present if it succeeds in merging its Dutch rival ABN Amro with itself in a deal that could create a combined entity worth $160 billion.

Reliance permanently shuts down its only oil field in KG-D6 block

Reliance permanently shuts down its only oil field in KG-D6 block

Rediff.com21 Sep 2018

Post-cessation, activities related to the safe shutdown of the field are underway.

Barclays to invest $70 mn in India

Barclays to invest $70 mn in India

Rediff.com21 Mar 2006

Bouyed by Indian growth trajectories, Barclays plc on Tuesday said it would infuse $70 million in the country for a period of two years from 2006 to foray into the corporate banking business.

Tatas pip CSN to win Corus takeover battle

Tatas pip CSN to win Corus takeover battle

Rediff.com31 Jan 2007

With a bid of 608 pence a share, Indian corporate giant Tata Steel outsmarted CSN's 603 pence a share offer during the night-long auction process.

Congratulate Tata Steel on Corus takeover

Congratulate Tata Steel on Corus takeover

Rediff.com31 Jan 2007

Do you think this acquisition further fortifies the belief that India is a rising giant? Are you happy with the Tatas managing to beat Brazil's CSN to buy Corus? Do you think the Tata Group is set for big growth in the future? Tell us.

Despite the mega deal, Jio, FB will continue to lock horns

Despite the mega deal, Jio, FB will continue to lock horns

Rediff.com22 Apr 2020

Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.

Reliance Life buys majority stake in UK firm for $

Reliance Life buys majority stake in UK firm for $

Rediff.com22 Dec 2006

Mukesh Ambani-controlled Reliance Life Sciences is to invest $63.2 million for a controlling stake in UK's biopharmaceutical company GeneMedix Plc.

ICI: A fresh coat of paint

ICI: A fresh coat of paint

Rediff.com4 Dec 2006

ICI has divested two large businesses this year, and is sitting on a neat cash pile to focus on its core activities.

Pru ICICI MF plans offshore fund

Pru ICICI MF plans offshore fund

Rediff.com23 Jun 2005

Corus to wait for final offer from CSN

Corus to wait for final offer from CSN

Rediff.com29 Nov 2006

Corus Group Plc, on Wednesday reported a nearly three-fold jump in profit for the third quarter ended September, said it was awaiting a final offer from Brazil's CSN.

Tata-CSN battle for Corus set to intensify

Tata-CSN battle for Corus set to intensify

Rediff.com23 Nov 2006

The stage appears set for a battle royale between Indian corporate giant Tata Steel and Brazil's CSN for acquisition of Anglo-Dutch steel maker Corus, with both the suitors reportedly willing to raise their bids.

Cairn raises Rs 3,700 cr in pre-IPO sale

Cairn raises Rs 3,700 cr in pre-IPO sale

Rediff.com23 Nov 2006

Petronas of Malaysia has picked up about 10 per cent stake in Cairn India Ltd, the subsidiary of Scottish oil firm Cairn Energy Plc, that is to be listed on Bombay Stock Exchange by the end of next month.

Indian realty firm plans London listing

Indian realty firm plans London listing

Rediff.com13 Nov 2006

Riding high on the recent success of pure-play real estate biggies in the Indian capital market, another realty firm is taking one step further by aiming to list on London Stock Exchange to raise about Rs 1,520 crore

Corus buyout by mid-January

Corus buyout by mid-January

Rediff.com31 Oct 2006

Tata Steel had made an offer to buy out UK-based Corus at 455 pence per share taking the enterprise value of the company to $10 billion.

SABMiller brews new plan

SABMiller brews new plan

Rediff.com10 Nov 2005

Vodafone's UK parent may buy Analjit Singh's stake

Vodafone's UK parent may buy Analjit Singh's stake

Rediff.com24 Sep 2013

Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.