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Stake buy News
Orissa to decide soon on buyout of Ipicol's equity in NINL by OMC The Orisssa government will shortly take a call on proposal of Orissa Mining Corporation (OMC) to buy out the shares of another state-owned company, Industrial Promotion & Investment Corporation of Orissa Ltd (Ipicol), in Neelachal Ispat Nigam Ltd (NINL). The decision will be taken at a high-level meeting to be held under the chairmanship of state Chief Secretary B K Patnaik on November 15. Ipicol
SME promoters step up stake buys
Three-fold jump in open market purchases of shares in own firm over January-June as compared to last year.
Q&A: Sajjan Jindal, Vice-chairman and MD, JSW Steel
JSW Steel's vice-chairman and managing director, Sajjan Jindal, spoke to Shubhashish and discussed the synergies that JSW Steel will derive from this stake buy in Ispat.
Opto Circuits buys 76% of US firm
Bangalore-based healthcare equipment company Opto Circuits (India) Ltd has acquired around 76 per cent of the outstanding common shares of US-based Cardiac Science Corporation as part of its
Riddhi Siddhi takes 5% stake in USE
Riddhi Siddhi Bullion, a major gold dealer, has taken a five per cent stake in the United Stock Exchange (USE), which will go live with currency trading from tomorrow.
Munjals turn to PE for stake buy
Hero Honda, India's largest two-wheeler maker, could see a change in ownership as the Delhi-based Munjal family seeks to buy the stake held by partner Honda Motor Company of Japan in the joint Stake buy Galleries
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