Arysta, the target, is a leading crop protection and life sciences firm.
Banks are facing increasing delinquencies by overleveraged mid-sized companies, now caught in hardships due to changes in their operating environment.
The Securities and Exchange Board of India is set to introduce new norms to ensure higher public participation for delisting of company shares.
Korean major considers offering locals an export market in addition to compensation.
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.
Announcement for the Rs 4,000-crore acquisition likely today.
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.
The US sub-prime loan market crisis is expected to temper cross-border mergers and acquisitions as Indian companies go slow on acquisitions.
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.
The steel-maker will now have to pay 50 basis points more on this tranche of $1 billion with a seven-year tenure.
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.
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.
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.
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.
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.
Public sector banks, in a frenzy to cash in on the retail credit boom during the three years beginning 2003-04
Indian telecom operators are world-leaders in terms of profitability, enjoying better EBIDTA margin than their counterparts in developed countries.
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.
Swiss firm to acquire 10-15% stake in the hotel chain.
The two had signed an operating agreement for cross-selling each other's products recently.