CORPORATE
MERGERS & ACQUISITIONS
Tata Tea makes $523-m profit with Glaceau sale
Coca-Cola buying US co for $4.1 b; Tatas get $1.2 b for 30% stake
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Suzlon acquires REpower for € 1.35-b as Areva backs out
To control about 75% equity; shares soar by up to 22%
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`REpower takeover won't affect Suzlon'
Suzlon's takeover of German wind energy company REpower will not affect the company's balance sheet, said Mr Tulsi Tanti, Chairman and Managing Director of Suzlon Energy Ltd. REpower's growth will help Suzlon pay for its acquisition in the coming ...
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What next for Suzlon?
As was widely expected, Suzlon of India won the REpower race after Areva, the French energy major, abandoned the takeover fray for the German wind-energy company. "The turnover battle is over," says Dr Michael I. Fischer through an email to ...
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Suzlon: Winds blow in favour
The Suzlon Energy stock was given the thumbs up by the stock market on Friday, with the company and its rival Areva deciding to end the bidding contest for German wind turbine builder REpower Systems by entering into a "co-operation" ...
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For Tulsi Tanti, it's 17th time lucky
The CMD of Suzlon is fourth richest in the country
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NEW PROJECTS
ETA Star ties up with TN for township project
Joint venture will invest Rs 3,750 crore
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OVERSEAS INVESTMENTS
Indian oil cos will have to bid anew for Iraqi blocks
`Contracts signed with the previous regime will be revisited'
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ALLIANCES & JOINT VENTURES
United Biotech ties up with Italian co
United Biotech has signed an exclusive in-licensing agreement with Italian biopharmaceutical company Kedrion S p A. Kedrion, which specialises in the development, production and distribution of plasmaderivatives , has licensed its Human ...
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NTPC inks energy pact with Nigeria
Setting up power projects in African nation
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OUTLOOK
Manjushree Extrusions plans to expand capacity
To tap the huge demand potential from the retail boom giving an impetus to FMCG industry, Manjushree Extrusions plans to expand its plastic packaging capacity by investing Rs 54 crore. The company will be spending bulk of its new investments ...
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Paradip-Haldia crude pipeline to be ready soon
IOC replaces Iranian SPM project contractor
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PERFORMANCE
Ramky group turnover touches Rs 1,000 cr
Aims at Rs 1,700-cr target for this fiscal
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