PR Sanjai
Stories by PR Sanjai
India: Reliance Communications, Aircel merger by June-end
The merged entity, which will be India’s third largest telecom firm by subscribers, will save about Rs2,500 crore a year through synergies betwe
India: Patel Integrated floats logistics JV with Saudi firm, to earn 19.85% sweat equity
Patel Integrated Logistics Ltd has signed an agreement with Saudi Arabia’s financial services firm Nationwide Group Co. to form a new joint venture
India: LafargeHolcim to go ahead with asset sale as Dalmia withdraws plea
Dalmia Cements Ltd on Monday withdrew a challenge to a conditional approval given by India’s anti-trust regulator to the proposed merger of cement m
India: JSPL- JSW deal among 4 biggest M&As to bail out debt-laden firms
After the Reserve Bank of India adopted a zero tolerance approach towards banks masking stressed assets that lenders have started to push firms to sel
Tata Steel says no buyer for UK assets till pension fund liability is dealt with
Tata Steel Ltd said that there will be no buyers for its UK business if the pension fund liability is not taken care of. Both the potential buyers who
Tata’s Port Talbot steelworks in possible management buyout
Reports say that Stuart Wilkie, managing director of Tata Strip Products UK, has been named the leader of a group of managers looking for private inve
India: Debt-laden shipbuilder Bharati Defence may rope in equity investors
Bharati Defence is looking to secure debt financing to restart some of its projects; firm attempted restructuring under the CDR mechanism in 2013
Adani’s Australia project faces fresh legal hurdle from traditional owners
The traditional owners said the Queensland government issued the mine leases without the consent of the W&J people and despite their rejection of the
Sale of Lafarge India assets halted by Competition Appellate Tribunal
The French firm Lafarge and the Swiss firm Holcim, which had been rivals one time, merged in July last year to form the world’s largest cement compa