Minda Corp to acquire Panalfa Autoelektrik

April 05, 2016 | Anuradha Verma

Auto component manufacturer Minda Corp has entered into an agreement to acquire 100 per cent equity stake in Panalfa Autoelektrik Ltd (PAL), also an auto component maker, for Rs 27.82 crore (about $4 million), as per a stock market disclosure.

Hero MotoCorp sells 49% in Colombian JV

April 01, 2016 | Debjyoti Roy

Hero MotoCorp Ltd, India’s largest two-wheeler maker, has sold a 49 per cent stake in its Colombian operations to its US partner as part of an agreement inked in 2014.

Steel deals: The rusty side

March 31, 2016 | Deepak Kumar Sahu

Many marquee deals are now under stress.

M&M to buy 35% stake in Finnish harvester maker

March 31, 2016 | Anuradha Verma

Deal amount to be not more than €18 million.

India plans rare earth deposit block auction

March 31, 2016 | Deepak Kumar Sahu

Geological Survey of India expediting exploration work at Barmer.

India extends safeguard duty on steel imports till March 2018

March 30, 2016 | Deepak Kumar Sahu

Duty not applicable on products imported at or above minimum import price.

SAIF Partners picks small stake in auto component maker Fiem

March 28, 2016 | TEAM VCC

Honda and TVS are key clients of Fiem Industries.

Hero Cycles buys 60% stake in Sri Lanka's BSH Ventures

March 23, 2016 | PTI

This is its third acquisition in six months.

Mines ministry wants no increase in clean environment cess for a year

March 23, 2016 | Deepak Kumar Sahu

Writes to PMO, finance ministry to hold the proposed Rs200 per tonne raise.

Bharat Wire Ropes IPO oversubscribed 21%

March 22, 2016 | PTI

The company is aiming to raise Rs 70 crore through the issue.



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