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    • Adani sells another 13% stake in AWL Agri Business to Wilmar

      Last week, Wilmar subsidiary Lence Pte Ltd said it has agreed to acquire a 13% stake in Adani Wilmar Ltd’s (AWL) Agri Business from Adani Commodities LLP for Rs 4,650 crore (approximately $529 million).

    • LIVE: China July CPI dips | Adani to exit Wilmar? | Farhan Akhtar announces Don 3 | Newspresso

      Asian Pacific markets opened mixed today, as investors slowly digest the data coming out of China — the country's consumer price index (CPI) fell in July. From the Indian sector, we might see Adani exit Wilmar. While from the trends sector, we see that OLA Founder has banned all auto journalists from a sneak peek into the launch of OLA Scooters. And the much anticipated Don 3 was announced yesterday by director Farhan Akhtar! Watch this edition of Newspresso with Stacy Pereira for your daily shot!

    • Adani Group may acquire Shree Renuka Sugars from Wilmar

      Due to the falling domestic sugar prices and the company’s aggressive expansion plans for South America, Shree Renuka Sugars has been reeling under debt.

    • Sugar sector at bottom, foreigners interested: ISMA's Verma

      Verma says foreign investors are beginning to take interest in the sector now that many states have begun rationalizing their sugar pricing policies. Maharashtra and Karnataka have already done that, and Uttar Pradesh too will follow suit, feels Verma.

    • Shree Renuka slumps 10% post deal with Wilmar group

      Renuka Sugars entered into an agreement with Wilmar International through its subsidiary Wilmar Sugar Holdings (WSH), to facilitate the "investment of about USD 200 million" in the primary capital of the company.

    • Stocks in news: Shree Renuka Sugars, Adani Ports, UltraTech

      Shree Renuka Sugars | Adani Ports | UltraTech Cement | Varun Shipping | Ashok Leyland | Mahindra and Mahindra Financial Services | Bharti Airtel | Tata Power | Neyveli Lignite and HT Media are stocks, which are in the news today.

    • Wilmar shells out USD 200 mn for stake in Shree Renuka

      The deal, subject to necessary approvals, will be done in two steps, a Wilmar release said on Thursday.

    • Shree Renuka-Wilmar deal likely today

      At the end of the preferential issue, the promoters of Shree Renuka and Wilmar will hold an equivalent stake in the company which will be nearly 26 percent each and post that if Wilmar gets more shares from the open market, then their stake will go higher.

    • Shree Renuka Sugars up 6% on possible stake sale to Wilmar

      It is learnt that the company may issue fresh equity shares to Wilmar, a Singapore-based agribusiness group having market cap of Singapore dollar 23 billion. Wilmar deal is likely to trigger an open offer, say sources.

    • Shree Renuka surges 6% on stake sale buzz

      Shree Renuka Sugars is looking at various options to ease its Rs 8,400 crore debt burden.

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