Kausik Datta &Amp; Rajendra Palande In Mumbai

Stories by Kausik Datta &Amp; Rajendra Palande In Mumbai

United Phos, Rallis eye $2 bn buy in Japan

United Phos, Rallis eye $2 bn buy in Japan

Rediff.com   11 Sep 2007

Arysta, the target, is a leading crop protection and life sciences firm.

Mid-sized corporate loan defaults rising

Mid-sized corporate loan defaults rising

Rediff.com   7 Sep 2007

Banks are facing increasing delinquencies by overleveraged mid-sized companies, now caught in hardships due to changes in their operating environment.

New delisting norms soon

New delisting norms soon

Rediff.com   6 Sep 2007

The Securities and Exchange Board of India is set to introduce new norms to ensure higher public participation for delisting of company shares.

Posco suggests fish and pickle deal for land-loser

Posco suggests fish and pickle deal for land-loser

Rediff.com   4 Sep 2007

Korean major considers offering locals an export market in addition to compensation.

R-Money to introduce one-gram gold coins

R-Money to introduce one-gram gold coins

Rediff.com   28 Aug 2007

R-Money, the Anil Ambani group's retail brokerage arm, will introduce gold coins in smaller denominations of half gram and one gram in the market. The market is currently dominated by 5-gm and 8-gm coins.

JSW Steel set to buy 3 US firms

JSW Steel set to buy 3 US firms

Rediff.com   21 Aug 2007

Announcement for the Rs 4,000-crore acquisition likely today.

RIL defers meet over IPCL merger delay

RIL defers meet over IPCL merger delay

Rediff.com   14 Aug 2007

Reliance Industries, the country's most valued company, is delaying its annual general meeting this year following non-receipt of approvals for merger of Indian Petrochemicals with itself.

India Inc may go slow on M&As

India Inc may go slow on M&As

Rediff.com   11 Aug 2007

The US sub-prime loan market crisis is expected to temper cross-border mergers and acquisitions as Indian companies go slow on acquisitions.

'Geographical expansion led to losses':Pru ICICI

'Geographical expansion led to losses':Pru ICICI

Rediff.com   10 Aug 2007

Prudential ICICI's managing director, Shikha Sharma, talks about how the journey has been so far and also why she thinks unit-linked insurance plans are the best allocators of long-term funds.

Tata Steel bankers cut price of Corus loan

Tata Steel bankers cut price of Corus loan

Rediff.com   10 Aug 2007

The steel-maker will now have to pay 50 basis points more on this tranche of $1 billion with a seven-year tenure.

RIL may buy stake in Modern Dairies

RIL may buy stake in Modern Dairies

Rediff.com   9 Aug 2007

Mukesh Ambani's Reliance Industries is in talks to acquire an equity stake in Haryana-based Modern Dairies, which would strengthen its presence in the high-volume, low-margin liquid milk market.

JSW looks at LBO for N American buy

JSW looks at LBO for N American buy

Rediff.com   3 Aug 2007

At a time when instability in the US leveraged buyout (LBO) market is making world equities markets jittery, JSW Steel is planning a leveraged buyout of a North American steel company.

Flamingos threaten Tatas' Tanzania venture

Flamingos threaten Tatas' Tanzania venture

Rediff.com   1 Aug 2007

The joint venture, for which both the parties have signed a memorandum of understanding, has drawn criticism from the NGOs and environmentalists on the ground that it would cause extinction to the world's rarest birds.

Genpact, two others in race for Citi  BPO arm

Genpact, two others in race for Citi BPO arm

Rediff.com   27 Jul 2007

The sale of the BPO business, run by Citigroup Global Services (formerly e-Serve), is expected to fetch around Rs 3,200 crore for the group. At this price, it will be the largest deal in the domestic BPO space.

Essar may face delay in Minnesota buyout

Essar may face delay in Minnesota buyout

Rediff.com   24 Jul 2007

The Essar group's proposed acquisition of Minnesota Steel is likely to be delayed, with the US state authorities taking time in providing the infrastructure required to move the project.

Fixed rates land PSU banks in trouble

Fixed rates land PSU banks in trouble

Rediff.com   23 Jul 2007

Public sector banks, in a frenzy to cash in on the retail credit boom during the three years beginning 2003-04

Telcos world leaders in profitability

Telcos world leaders in profitability

Rediff.com   23 Jul 2007

Indian telecom operators are world-leaders in terms of profitability, enjoying better EBIDTA margin than their counterparts in developed countries.

Tough FDI norms for finance firms

Tough FDI norms for finance firms

Rediff.com   19 Jul 2007

The RBI had raised the issue with thegovernment, stating that foreign banks buying majority stakes in non-deposit-taking NBFCs (NBFC-ND) would provide room for regulatory arbitrage.

Credit Suisse to check in to Park Hotels with $55

Credit Suisse to check in to Park Hotels with $55

Rediff.com   16 Jul 2007

Swiss firm to acquire 10-15% stake in the hotel chain.

HDFC, Citi drop plans for cross-sales

HDFC, Citi drop plans for cross-sales

Rediff.com   14 Jul 2007

The two had signed an operating agreement for cross-selling each other's products recently.