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Baiju Kalesh and Joel Rebello 12:02 AM | November 20,2009
The deal will allow JSW to move into the high-margin business of producing steel for car makers
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Baiju Kalesh 10:40 PM | November 18,2009
Prospective buyer could bring technology that will enable company to upgrade products which offer wider margins
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C.R. Sukumar and Baiju Kalesh 10:19 PM | November 15,2009
ADM, set up in 1998 by a team of investment bankers following the Asian financial crisis, manages nearly $1.9 billion (Rs8,835 crore) through ADM Capital in five funds that buy loans from existing creditors
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Baiju Kalesh 10:13 PM | November 06,2009
Bajla’s Dharni Sampada Ltd owns four manganese mines in Ivory Coast, six blocks of uranium mines across 3,000 sq. km in Niger and two tantalite mines in Sierra Leone, another conflict-ridden country
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Baiju Kalesh 12:26 AM | November 02,2009
At the annual general meeting in September, Ispat shareholders gave their consent to the lenders acquiring a 19.53% stake by subscribing to preferential shares worth Rs665 crore at Rs19.38 per share in case of a default
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Baiju Kalesh 12:01 AM | October 12,2009
Web of 22 companies will be consolidated into three main verticals: retail, logistics and financial services
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Baiju Kalesh and Satish John 12:50 AM | October 07,2009
UltraTech board gives in-principle approval to consolidate group’s cement businesses under one roof
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Baiju Kalesh and Satish John 12:36 AM | October 07,2009
The growth in the cement sector in India will be much faster as the country has to build on its infrastructure, said Kumar Mangalam Birla, chairman of Aditya Birla Group
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Baiju Kalesh and Satish John 12:50 AM | October 05,2009
The group says it plans to add another 25 million tonnes in the next three-five years, to coincide with a planned increase in infrastructure spending
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Baiju Kalesh and Satish John 11:45 PM | October 01,2009
Division will be merged with group subsidiary UltraTech to create India’s largest cement firm with 41 mt capacity
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Baiju Kalesh 12:22 AM | September 29,2009
The move comes as the Murugappa Group restructures its financial services business
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Baiju Kalesh 10:16 PM | September 27,2009
Sources hint that the ultimate plan is to merge all the investments companies into one and create a larger investment company in future
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Baiju Kalesh 11:22 PM | September 25,2009
Four new holding firms will replace current web of companies; move will help group in raising funds, succession issues
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Anirudh Laskar, Khushboo Narayan and Baiju Kalesh 12:57 AM | September 23,2009
Amendment of takeover rules by market regulator may determine prospects for proposed telecom deal
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C.H. Unnikrishnan and Baiju Kalesh 12:24 AM | September 23,2009
A GlaxoSmithKline spokesperson said the company does not comment on mandates given to investment banks
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