Guess what?? Dynasty was going to move out of Canada anyway as they cannot sell their cars there in the first place. Canada has banned several models of electric cars because they're deemed as unsafe on their roads and the Dynasty was one of them. They're legal in most US states though and the Pakis are going to keep exporting them to the US apparently. I think there must have been some Paki-origin bigwig in the company who bought it to keep production going.
Indian M&A Deals
Re: Indian M&A Deals
Re: Indian M&A Deals
Mittal considering takeover of Rio Tinto: Report.
If Laxmi Mittal succeds, he will make the likes of RIL and Tisco look like SSI's .
If Laxmi Mittal succeds, he will make the likes of RIL and Tisco look like SSI's .
Re: Indian M&A Deals
It seems a bit too big to swallow, esp when he can buy other sources of ore much cheaper.Vipul wrote:Mittal considering takeover of Rio Tinto: Report.
If Laxmi Mittal succeds, he will make the likes of RIL and Tisco look like SSI's .
If he does attempt it, this will cause gigantic heartburn to the the nice folks in poodledum and poodledee, they will make the former Arcelor CEP Guy Dolle appear like a free market champion by comparison.
Re: Indian M&A Deals
Indian airport operators GMR, GVK Group eye Chicago's Midway International news
http://domain-b.com/aero/airports/20080 ... rport.html
http://domain-b.com/aero/airports/20080 ... rport.html
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Re: Indian M&A Deals
Hi Vipul,
I used to read this thread everyday.But,this thread was not updated for more than 20 days.Is it possible for you to update this thread???.
Thank you.
I used to read this thread everyday.But,this thread was not updated for more than 20 days.Is it possible for you to update this thread???.
Thank you.
Re: Indian M&A Deals
Pragadeesh, I was hoping for postings on this important thread from other forum members.I plan to post the M&A news in a periodic summary format.
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Re: Indian M&A Deals
The source is News of the world, which is highly unreliable.sampat wrote:Anil Ambani in talks to buy Newcastle United: report
An Indian owner of Newcastle will really anger some people. Mr Ambani will become subject to false gossip (like Diana, Prince Charles, Abromiwich etc).
Why does he not spend 260 million pounds (some 2000 crores) towards Indian sports. Kids in his own country (where his father made his $$$$) do not even have the basic sports facilities.
Re: Indian M&A Deals
completely missed that part of the article. From past few years rediff's reporting has been going downhill..why on earth will any indian newspaper quote news of the world. Day is not far away when indian DDM will quote from playboy or hustler.
BTW Reliance has denied the buyout
BTW Reliance has denied the buyout
Re: Indian M&A Deals
Something for Pragadeesh to cheer about Essar arm to buy US BPO firm for $250m
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Re: Indian M&A Deals
I remember arriving as a student in manchester and purchasing a copy of the "News of the world". I took the first 3 pages seriously and was socked. Only after that did I realise that most of the stores are pure fiction.sampat wrote: completely missed that part of the article. From past few years rediff's reporting has been going downhill..why on earth will any indian newspaper quote news of the world. Day is not far away when indian DDM will quote from playboy or hustler.
BTW Reliance has denied the buyout
here is a link for those interested to read the worlds worst newspaper http://www.newsoftheworld.co.uk/
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Re: Indian M&A Deals
X-posting from the Indian Economy thread as this might be a better place:
This shows India Inc's appetitie is still intact:
Tata Power Says It Will Bid for Singapore's Senoko
This shows India Inc's appetitie is still intact:
Tata Power Says It Will Bid for Singapore's Senoko
``We confirm the development,'' Mumbai-based Tata Power said in a statement today after the Business Standard reported that Senoko Power may be sold for more than $3 billion. The Indian company will get access to generation capacity of 3,300 megawatts should it win the bid, the report said.
The acquisition will be Tata Power's second large investment overseas. The utility spent $1.2 billion on buying two mines in Indonesia last year to secure coal supplies. Tata Power has invested 240 billion rupees ($5.7 billion) to build 5,600 megawatts of thermal and wind power capacity across India.
Re: Indian M&A Deals
India clinches $12bn steel deal
http://news.bbc.co.uk/2/hi/business/4120384.stm
Tata Steel in $1.1bn Iranian deal
http://news.bbc.co.uk/2/hi/business/4090890.stm
Mittal on an absolute rollllll
http://news.bbc.co.uk/2/hi/business/3952175.stm
http://news.bbc.co.uk/2/hi/business/4120384.stm
Tata Steel in $1.1bn Iranian deal
http://news.bbc.co.uk/2/hi/business/4090890.stm
Mittal on an absolute rollllll
http://news.bbc.co.uk/2/hi/business/3952175.stm
Re: Indian M&A Deals
ahem, anand, did you notice the date on those articles ??
Re: Indian M&A Deals
Yes Boss realised it after posting....got too excited....please delete the post if deemed inappropriate....Rahul M wrote:ahem, anand, did you notice the date on those articles ??
Re: Indian M&A Deals
arre nehi yaar, its good to be reminded ! more's to come !
Re: Indian M&A Deals
Ameen to that my friend....btw does anyone know what the total has been in terms of M&A I know that we acquried more than $100B worth of phoren cos. in 07.....Rahul M wrote:arre nehi yaar, its good to be reminded ! more's to come !
Re: Indian M&A Deals
Anand, please provide a link or your source for the $100B in 2007. The following link has Thomson Financial reporting $22.3B in 2007 and 2006 being the record year so far at $24B.Anand Barve wrote:Ameen to that my friend....btw does anyone know what the total has been in terms of M&A I know that we acquried more than $100B worth of phoren cos. in 07.....Rahul M wrote:arre nehi yaar, its good to be reminded ! more's to come !
http://findarticles.com/p/articles/mi_q ... _n21171368