JSW Steel Unveils $1.68 Bln Fundraising Plan; Also Eyes Acquisition For Coking Coal
Staff Reporter | 19 May 2024Indian steelmaker unveils plans to raise 14,000 crore rupees ($1.68 billion) and also agrees to acquire Minas de Revuboe to secure coking coal
Vedanta Unveils $1 Bln Fundraising Plan, Declares Dividend
COJ News Desk | 16 May 2024Vedanta’s board approves a first interim dividend of 11 rupees per share for FY25
ReNew Secures $1 Bln Financing From Societe Generale For Energy Projects
Staff Reporter | 16 May 2024The pact with Societe Generale will support the financing and development of ReNew’s large-scale energy transition projects
Siemens To Demerge Energy Business Into Separate Listed Entity
COJ News Desk | 15 May 2024Shareholders of India’s Siemens will receive one share of Siemens Energy India for each share held in the company
M&M Unit To Sell Entire 30.83% Stake In Associate Firm NDCFS For $51 Mln
Staff Reporter | 14 May 2024Mahindra Holdings will sell the stake in New Delhi Centre for Sight to Space Investments, Defati Investments Holdings and Infinity Partners
Shriram Finance To Sell Housing Finance Arm To Warburg Pincus In $554 Mln Deal
COJ News Desk | 13 May 2024Shriram Finance will receive a minimum consideration of 3,909 crore rupees along with certain additional amounts
Vedanta Plans To Boost Stake In Japanese Arm AvanStrate For Hi-Tech Manufacturing
Staff Reporter | 11 May 2024Vedanta’s board approves acquisition of additional 46.57% stake in AvanStrate from Hoya for a maximum price of 12.2 billion yen ($78 million)
Coforge To Acquire Controlling Stake In Cigniti Technologies
Staff Reporter | 2 May 2024Indian IT services company will acquire up to a 54% stake in Cigniti for 1,415 rupees per share
Adani Group Cement Arm To Acquire My Home Group's Grinding Unit For $50 Mln
COJ News Desk | 15 April 2024The plant is spread across 61 acres of land in Tuticorin with a long-term fly ash supply agreement for raw material sourcing
JSW Energy Mops Up $600 Mln Via QIP To Accelerate Growth Plans
COJ News Desk | 6 April 2024Khaitan & Co acted as the legal counsel to the Indian power producer
Vedanta Looks To Raise Up To $300 Mln Via Debentures
COJ News Desk | 4 April 2024The conglomerate’s authorized committee of directors approves the proposed fundraising today
Aditya Birla Fashion To Demerge Madura Fashion & Lifestyle Business
Staff Reporter | 1 April 2024Indian apparel retailer plans to demerge its Madura Fashion & Lifestyle business into a separate listed company
Singtel Sells 0.8% Stake In Bharti Airtel To GQG Partners
Staff Reporter | 7 March 2024Singapore Telecommunications sells the stake in Bharti Airtel to US-based investment firm for $706 million
Mitsubishi To Acquire 32% Stake In India’s TVS Vehicle Mobility
Staff Reporter | 19 February 2024Japanese conglomerate will acquire the shares in Indian auto dealer through private placement
Wipro To Acquire 60% Stake In US-based Aggne Global For $66 Mln
Staff Reporter | 14 February 2024The acquisition will strengthen Wipro’s consulting and services capabilities in the insurance sector
Zee-Sony Deal Collapse A Sign From Lord, Says Punit Goenka
Special Correspondent | 22 January 2024Punit Goenka, who is in Ayodhya to partake in Pran Pratishtha ceremony of Lord Ram, will focus on strengthening the company for all its stakeholders