Welspun India net up at Rs 54 cr in Q4

Welspun India, the textile arm of the Welspun Group, is taking to vertical integration in a big way to spur its margins in coming year. The company has also earmarked an investment of Rs 1,000 crore towards this over the next 12-18 months, which ...

Welspun Corp Limited, the flagship company of the USD 3.5 billion Welspun Group and the 2nd largest line pipe company in the world (Source: Financial Times, UK) announced part repurchase of 4.50 % Foreign Currency Convertible Bonds Bonds, due 2014.

"Two Australian companies " Leighton Welspun Contractors Pvt Ltd, part of Leighton Group; and Theiss India Pvt Ltd, subsidiary of Theiss, Australia participated in discussions and provided comments on draft request of qualification (RFQ) document ...

In 2011, the B K Goenka-led Welspun group set itself a target to become a $-5 billion company from a $ 3-billion company then by 2014 backed by the promise of investments by American private equity firm Apollo Global Management.

Welspun group today increased its stake in Leighton Welspun Contractors, by transferring Rs 550 crore worth construction orders, in a unique no-cash deal.

Welspun Energy, part of the diversified $3-billion Welspun Group is likely to complete its 130 MW solar photovoltaic project in Madhya Pradesh this August, close to a year earlier than originally scheduled. Last year, the company had won the right ...

Industry : Basic Industries Category : Mergers & Acquisitions The Aditya Birla group is planning to sell its 25% stake in Tanfac Industries, a flourine chemical JV with the Tamil Nadu Industrial Development Corporation, TOI states. The company is in ...

Industry : Basic Industries Category : Private Equity Nippon Investment and Finance Co, a Japanese private equity unit of Daiwa Finance Co Ltd, raised its stake in Welspun Corp. to nearly 2.1% from 1.55%. It bought 13.9 lac shares of Welspun Corp at ...

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