JSW Steel Unveils $1.68 Bln Fundraising Plan; Also Eyes Acquisition For Coking Coal

Staff Reporter | 19 May 2024

Indian 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 2024

Vedanta’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 2024

The 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 2024

Shareholders 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 2024

Mahindra 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 2024

Shriram Finance will receive a minimum consideration of 3,909 crore rupees along with certain additional amounts


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Vedanta Plans To Boost Stake In Japanese Arm AvanStrate For Hi-Tech Manufacturing

Staff Reporter | 11 May 2024

Vedanta’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 2024

Indian 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 2024

The 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 2024

Khaitan & 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 2024

The conglomerate’s authorized committee of directors approves the proposed fundraising today


Aditya Birla Fashion To Demerge Madura Fashion & Lifestyle Business

Staff Reporter | 1 April 2024

Indian apparel retailer plans to demerge its Madura Fashion & Lifestyle business into a separate listed company


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Singtel Sells 0.8% Stake In Bharti Airtel To GQG Partners

Staff Reporter | 7 March 2024

Singapore 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 2024

Japanese 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 2024

The 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 2024

Punit Goenka, who is in Ayodhya to partake in Pran Pratishtha ceremony of Lord Ram, will focus on strengthening the company for all its stakeholders