Soumonty Kanungo
Stories by Soumonty Kanungo
India: Srei Infra Finance looking to exit non-core business
Srei now intends to focus on its core business
India: Emami plans to sell She Comfort brand
Emami acquired the brand for an undisclosed sum in June 2014.
India: Srei launches online marketplace iQuippo for construction equipment
Funded by the Kanoria Foundation, iQuippo.com is looking to connect sellers of new and used equipment with potential end users
India: Dhunseri Tea in talks to buy couple of estates in Assam
Another group company, Dhunseri Petrochem Ltd, has appointed CI Capital, an arm of Egyptian financial institution Commercial International Bank (CIB),
Chatterjee Group to buy 90% stake in Mitsubishi Chemical’s India unit for $48m
At a board meeting in Tokyo on Wednesday, Mitsubishi Chemical decided to divest itself of its PTA unit in China as well.
India: Tata Steel says Brexit will not affect UK sale process
The British government had offered some incentives to help in its revival, and the company has, in turn, shared them with the bidders.
India: Srei Infrastructure Finance plans to sell non-core assets to fuel expansion
Srei is looking to sell its stake in at least two ventures, Bharat Road Network Ltd and Sahaj e-Village, according to Hemant Kanoria, CMD, Srei Infras
India: Tide Water to buy UK lube maker Price Thomas for $13.75m
Maker of Veedol and Eneos concludes an agreement to acquire Price Thomas Holdings for £9.59 million as part of its plans to expand overseas sales
India: Williamson Magor Group firms to merge with EMC
Engineering firm, after merger, will have a revenue of at least Rs6,000 crore and an order book of Rs8,000 crore
India: The story of how Birla Corp sealed cement deal with Reliance Infra
Last July, when Reliance Infrastructure Ltd first offered its cement business to Harsh Vardhan Lodha, the chairman of Birla Corp. Ltd saw it as a dist
