Tata Autocomp Files For Rs 750Cr IPO - Auto parts maker Tata Autocomp Systems has filed for an initial public offering of shares including a fresh issue to raise up to Rs 750 crore. Shareholders including Tata Motors, Tata Sons, Tata Industries and Tata Capital Ltd will together sell up to 35.63 million shares in the company. JM Financial Consultants Pvt Ltd, Tata Capital Markets Ltd and JP Morgan India Pvt Ltd are managers to the sale. (Moneycontrol)
ICVL Eyes International Buys - International Coal Ventures Ltd (ICVL), which is mulling a late bid for Riversdale Mining, is looking at three other mine acquisitions, including one in Australia. ICVL is also looking at picking up stakes in mining firms listed on the Australian, Canadian and the US bourses as well as being a private equity investor for assets in South Africa, Mozambique, Zimbabwe and Indonesia. (Telegraph)
JSW Top Bidder For Bellary Steels - Just after acquiring Ispat Industries, Sajjan Jindal-controlled JSW Steel has emerged the highest bidder for debt-laden Bellary Steel & Alloys. Sesa Goa, India
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