The NCLAT (National Company Law Appellate Tribunal) has recently given the green light to the Aditya Birla group firm Ultratech Cement’s revised bid for the debt-ridden company Binani Cement. According to sources familiar with the matter, the two-member bench of NCLAT, led by Chairperson Justice …
Rio Tinto has reportedly completed a deal for the lease and sale of its land and wharf Kitimat, British Columbia, to LNG Canada for a total consideration of US$576 million (approx. CAD$760 million). LNG Canada has also agreed, as a part of the deal, to …
Reports confirm that private venture capital firm True North has entered an agreement to buy a majority stake in Shree Digvijay Cement Company Limited, securing the third buyout deal for the equity firm in four months. According to a statement from the private equity firm, …
The U.S.-based multinational engineering and construction company Fluor Corporation has reportedly declared that its joint venture group KPJV has created single 3D intelligent plant design models for Wellhead Pressure Management Project (FGP-WPMP) – a future growth facility of Tengizchevroil LLP. The President of Fluor’s Energy …
LafargeHolcim Ltd, a Swiss multinational building material company, has reportedly announced that it has sold off its 80% stake in building material firm PT Holcim Indonesia to building materials manufacturing company Semen Indonesia. Reports cite, the sale values PT Holcim at about $1.75 billion and …
Charoen Pokphand Group (CP), a Thai conglomerate, and BTS Holdings Plc (BTS), the operator of the elevated metro in Bangkok, are reportedly expected to submit their bids for the airport link rail project construction in Thailand. Reports cite, the rail would be linking nation’s three …
