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Jbf Industries

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Citigroup eyes 20% in JBF Industries

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......

RIL may be lone bidder for JBF Petrochem

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......

Nearly a quarter of listed stocks on the BSE trade below face value

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:......

PE investment in Indian firms crosses $5 bn

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......

Textile firms weave overseas moves

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......

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