Citigroup has made an open offer to acquire 20 per cent stake in textile company JBF Industries Ltd at a price of Rs 46.50 per share.Citigroup Venture Capital International Growth Partnership......
Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. Photograph: PTI Photo......
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies. Illustration:......
Private equity firms have invested over $5 billion in Indian companies so far this year, more than what entire 2009 saw. The PE companies, however, have also sold off shares worth about $2.5......
Gujarat Heavy Chemicals' acquisition of American textile company Dan River for Rs 80 crore (Rs 800 million) late last month enabled it to take control of a marketing network of about $250 million......