MaulikPathak
Stories by MaulikPathak
India’s Lambda Therapeutic acquires US firm Novum Pharmaceutical
This is the company's second footprint in North America following its acquisition of the R&D facilities of Biovail CRO in Canada in 2010.
Adani Group may get controlling stake in Mundra LNG terminal
The Gujarat government, which owns 50% in GSPC LNG, had been looking to induct a third partner for the remaining 25% stake.
Indian Oil may drop plan to acquire stake in Mundra LNG terminal
Currently, GSPC owns a 50% stake in the project, while Adani group holds 25%.
Zydus to buy Heinz India business in deal valued at $627m
Heinz India business, known for its brands like Complan, Glucon D, Nycil and Sampriti Ghee, comprises two large manufacturing facilities, a network of
India: Shell Gas to acquire Total’s 26% stake in Hazira LNG and Port venture
The deal, upon completion, will mark the exit of Total and Shell will hold 100% in Hazira LNG and Port.
India: Air-cooler maker Symphony to acquire Australia’s Climate Technologies
The acquisition would help Symphony expand its international footprint.
KKR to invest $186m in unit of India’s Sintex Group
Sintex-BAPL said it will use the money to refinance debt and finance growth in the B2C business in retail plastics and auto and defence plastics.
In surprise bid, JSW Steel joins hands with Numetal to buy bankrupt Essar Steel
The auction of Essar Steel Ltd also saw bids from ArcelorMittal Netherlands NV-Nippon Steel and Sumitomo Metal Corporation (NSSMC) duo, and Vedanta.
India: Adani Gas plans direct listing of shares
In January, the Adani Group decided to demerge its gas sourcing and distribution business into a new company called Adani Gas Ltd.
India: Torrent Pharma to buy US-based drug-maker
In November last year, Torrent announced plans to acquire Unichem Labs businesses in India and Nepal for Rs3,600 crore.
