Sumitomo News

Companies

Sumitomo Chemical India Q3 FY24 Results Live: Profit Falls by 39.53% YoY

Sumitomo Chemical India Q3 FY24 Results Live: Revenue decreased by 28.08% YoY & profit decreased by 39.53% YoY

1 min read3 Feb 2024
Markets

Buy or sell: Vaishali Parekh recommends three stocks to buy today — 6th June

Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Sumitomo Chemical, BHEL and RCF

2 min read6 Jun 2023
Markets

Sumitomo India’s MNC parentage will count if profitability improves

The combined entity is one of the largest agrochemical firms in India nowThe size (scale) will help the Japanese company derive better synergies

2 min read29 Jan 2020
News

Japan's Sumitomo pays ₹2,238 crore for a 3-acre plot in Mumbai's BKC

The bid, which works out to around ₹745 crore per acre, is billed as among the biggest in the country in recent timesThe plot, 'C-65', belongs to the Mumbai Metropolitan Region Development Authority and an offer letter for it was issued to Goisu Realty Pvt. Ltd. for an 80-year lease

1 min read17 Jul 2019
Companies

Essar Steel lenders settle for Arcelor

The Committee of Creditors issue ArcelorMittal and its partner Japan’s Nippon Steel & Sumitomo Metal Corp Letter of Intent declaring them as the “successful applicant”

1 min read26 Oct 2018
Market

ArcelorMittal’s Essar Steel acquisition: Who wins, who loses

Whether ArcelorMittal makes money or not on the Essar Steel acquisition is of academic interest. It is not listed locally. What matters is how it runs the business

3 min read22 Oct 2018
Companies

Excel Crop Care board approves merger with Sumitomo Chemicals

This will be the first Sumitomo Chemicals entity to be listed outside of Japan. The combined entity will be valued at around Rs9,000 crore

1 min read3 Aug 2018
Companies

Nippon Steel says solid demand mutes impact of US duties

Nippon Steel plans to boost its crude steel output, on parent basis, to more than 42.6 million tonnes in the current year to March 2019, from 40.67 million tonnes a year ago

2 min read21 May 2018
Companies

Reliance Jio plans to raise $500 million from Japanese banks

Reliance Jio is said to be in discussion with Japan's MUFG , Mizuho Bank and Sumitomo Mitsui to raise $500 million in debt

1 min read13 Apr 2018
Companies

Deals Buzz: HDFC in talks to acquire Apollo Munich Health Insurance

In other news, Mobile wallet Oxigen Services is in talks with investment funds in the United Kingdom to raise about $70 million

1 min read20 Feb 2018
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