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DIIs lower stake in Tata group companies, but FIIs bullish

2013-11-15 03:01:05| Steel - Topix.net

A majority of the Tata Group companies saw a rise in foreign institutional investor holdings in September quarter even as domestic institutional investors cut their holdings in nine of the 14 listed Tata firms.

Tags: group companies lower stake

 

Pavilion to acquire Tanzania stake from Ophir Energy

2013-11-15 01:00:00| Offshore Technology

Pavilion Energy is set to acquire a 20% stake in blocks 1, 3 and 4 in the Ruvuma and Mafia Deep basins area offshore of Tanzania from Ophir Energy, in a deal worth $1.29bn.

Tags: energy acquire tanzania stake

 
 

Lactalis in talks to buy majority stake in Indian firm Tirumala Milk

2013-11-15 01:00:00| Food Processing Technology

Lactalis, a French multinational dairy products manufacturer, is in talks to purchase a majority stake in Indian dairy firm Tirumala Milk Products.

Tags: buy firm majority indian

 

Buffett's Berkshire buys big Exxon Mobil stake

2013-11-14 23:41:52| Chemicals - Topix.net

The purchase was disclosed in a U.S. Securities and Exchange Commission filing that detailed Berkshire equity investments, mostly listed on U.S. exchanges, as of September 30. U.S. regulators require large investors to disclose their stock holdings every quarter, and the disclosures can offer a window into their strategies for buying and selling ... (more)

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Buffett's Berkshire buys big Exxon Mobil stake

2013-11-14 23:41:50| Chemicals - Topix.net

Warren Buffett 's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp , after buying 40.1 million shares in the world's largest publicly traded oil company.

Tags: big mobil buys stake

 

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