Bangkok-based Indorama, with products ranging from Nestle SA packaging to materials for Zara clothing, is forecast to surge 49%Aloke Lohia set up his company in 1994 in Thailand
2 min read20 Feb 2019If the transaction goes ahead, Reliance Industries will acquire a controlling stake in the Singapore subsidiary of JBF while the domestic operations of JBF group will remain with the promoters of the company
2 min read5 Feb 2018Tata Chemicals had sought approval to sell Haldia unit from shareholders through a special resolution
1 min read10 Jan 2018Tata Chemicals board has approved sale of its Haldia plant by way of slump sale on a going-concern basis to IRC Agrochemicals, a wholly-owned subsidiary of Indorama Holdings
1 min read7 Nov 2017Mumbai-based polyester maker JBF Industries is said to be in talks with Indorama group, Reliance Industries and The Chatterjee Group for a strategic stake sale
2 min read18 Oct 2017Tata Chemicals says it is in advanced talks with Indorama Holdings BV to sell its Haldia fertiliser unit in West Bengal for Rs400-500 crore
1 min read14 Sep 2017In other news, billionaire Azim Premji's trusts stand to receive at least Rs5,000 crore from Wipro's proposed Rs11,000 crore share buyback
3 min read2 Aug 2017Indorama may pay more than Rs1,000 crore for Tata Chemicals' Haldia fertilizer unit in a deal that would mark the Tata group's exit from the fertilizer business
2 min read2 Aug 2017A stake sale in Haldia Petrochemicals48% held by The Chatterjee Groupwill require an approval from the West Bengal govt which holds 31% in the firm
2 min read17 Apr 2017Donald Trump's push to cut corporate taxes and curb imports could be a boon for petrochemical company Indorama 's US earnings, says Aloke Lohia
2 min read7 Feb 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared