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Birla enters renewables top tier with $1.8 bn Sprng deal

Mumbai, July 13 -- Billionaire Kumar Mangalam Birla has made his biggest bet yet on India's clean energy sector, acquiring Sprng Energy from Shell at an enterprise value of $1.8 billion. The deal will... Read More


SC asks Baba Kalyani and Sugandha Hiremath to settle disputes via mediation

Mumbai, July 13 -- The Supreme Court on Monday asked Bharat Forge chairman Babasaheb Kalyani and his sister Sugandha Hiremath to settle their disputes through mediation, appointing former Supreme Cour... Read More


Is Greaves Cotton's diversification strategy starting to pay off?

Mumbai, July 5 -- Greaves Cotton Ltd is beginning to reap the benefits of a decade-long diversification drive, sharply reducing its reliance on diesel engines for three-wheelers as it transforms into ... Read More


Adani takes on Vedanta, Birla with aluminium bet

Bhubaneswar, July 3 -- The Adani Group is set to compete head-on with the Aditya Birla Group and the Vedanta Group through its planned $11.5 billion entry into aluminium production in an equal partner... Read More


Adani takes on Birla, Vedanta with $11.5 billion aluminium bet

Bhubaneswar, July 2 -- The Adani Group is set to compete head-on with the Aditya Birla Group and the Vedanta Group through its planned $11.5 billion entry into aluminium production in an equal partner... Read More


Vedanta Oil is investing to double output. Can it reverse a decade of decline?

Mumbai, June 30 -- Newly-listed Vedanta Oil and Gas Ltd (VOGL) expects to nearly double its oil and gas production over the next three years, with capital investment of $700 million (about Rs.6,600 cr... Read More


Adani Ports sells 49% stake in Vizhinjam port to shipping major MSC's unit in $1.4 bn deal

Mumbai, June 30 -- Adani Ports and Special Economic Zone Ltd, the cash cow of the Adani Group, on Tuesday said it has agreed to sell 49% stake in its transshipment port at Vizhinjam in Kerala in a $1.... Read More