Latest News for: Industrial conglomerate


Is 8 percent growth possible?

Manila Bulletin 30 May 2023
... materials from our farms through greater industrialization. I am glad to see some of our conglomerates that have not been traditionally in agribusiness venturing into large-scale farming and food processing, such as the DMCI group, Benguet Corporation and the First Pacific group.

Lodbrok Publishes Letter to Valaris’ Board of Directors

Eagle-Tribune 30 May 2023
We see no reason for keeping the floater and jackup businesses together that would possibly justify the conglomerate discount of a mixed fleet. This is a conclusion that the industry reached a long time ago, and we struggle to understand why the Valaris Board is taking so long to arrive at that same conclusion ... INDUSTRY KEYWORD.

Stocks to Watch: Adani Transmission, HCL Tech, SBI, IRCTC, ONGC, Grasim

Live Mint 30 May 2023
Oil and Natural Gas Corp ... Sector watchers said that they did not see a credible revival case which could lead to significant equity dilution down the road and make it unattractive for potential equity investors.Grasim Industries ... The business-to-business (B2B) venture will be overseen by the conglomerate’s flagship company, Grasim Industries.

Aditya Birla assembles top team for B2B e-commerce

Live Mint 29 May 2023
... flagship company, Grasim Industries.

Weaponizing Antisemitism: From Victim to Predator, by Alan Sabrosky

The Unz Review 29 May 2023
And that is Torah ... Coupled with this, there is a continual push from Jewish groups for whites to have fewer children, and from the five Western Jewish-owned advertising conglomerates and the Jewish-dominated entertainment industry for white females to mate with black and brown males to produce fewer white offspring and more racially mixed children.

Deutsche Bank, Cerberus to lead $1.7 billion credit raise by Shapoorji Pallonji promoters

The Times of India 27 May 2023
Founded by Pallonji Mistry in 1865, the SP Group is one of India's oldest diversified industrial conglomerates and has a presence in sectors such as real estate, construction, infrastructure, solar power generation and allied services for the oil and gas sector among others.

20 megacorporations you didn't know run the economy

Purcell Register 26 May 2023
The conglomerate model in the U.S ... When it comes to tobacco products, Altria is a major conglomerate with operating companies that cover the major industry channels ... Conglomerates look to mergers and acquisitions to boost growth, and the 2015 merger between food giants Kraft and Heinz created an even more major player in the industry.

Abu Dhabi's IHC joins forces with Colombian businesses to boost South America portfolio

The National 26 May 2023
... with a portfolio of investments focusing on financial services; Grupo Argos, a Colombian conglomerate with investments in the cement and energy industries; and other business shareholders, IHC said in a statement to the Abu Dhabi Securities Exchange, where its shares are traded.

Talos Energy to offload 49.9% stake in Mexican unit to Grupo Carso subsidiary

Offshore Technology 26 May 2023
The Mexican subsidiary holds Talos Energy’s 17.4% stake in Zama oil field ... Grupo Carso is the retail and industrial conglomerate controlled by billionaire Carlos Slim. Recommended Reports. Reports. Global Oil and Gas Industry Contracts Review, Q4 2020 - Samsung Ingenieria Manzanillo secures EPC... GlobalData. Reports ... GlobalData ... Duncan continued ... .

Reliance Industries stock rises after report says RIL best positioned to lead India's e-commerce market

Indian Express 26 May 2023
Shares of Reliance Industries soared over 2.1 per cent on Friday after a report said that the conglomerate will likely claim the lion's share of the Indian e-commerce space. At the time of writing, Reliance Industries Ltd (RIL) stock was trading 1.96 per cent higher, at Rs 2,486.30 on BSE ... The brokerage's report said that RIL has seen this coming.

Canceled MAKS Air Show Made Obsolete by War, Sanctions – Experts

Moscow Times 26 May 2023
While the organizers — defense conglomerate Rostec and Russia's Industry and Trade Ministry — have yet to confirm MAKS is not taking place, media reports suggested it would not go ahead because of concerns about possible drone attacks as well as a lack of foreign visitors.

From taxi driver to billionaire: How Landmark Group founder Micky Jagtiani became one of the richest businessmen in UAE

Khaleejtimes 26 May 2023
Taxi driver-turned-billionaire Micky Jagtiani has passed away ... Ten years and 6 stores later, the Gulf War struck, and he was forced to relocate ... Thought leader ... He is often considered one of the most influential figures that shaped the retail industry of the region, making unconventional decisions and risky moves to build an unmatched conglomerate.

Colombia regulator suspends trading in shares of Grupo SURA, Grupo Argos and Grupo Nutresa

Reuters 25 May 2023
Grupo Gilinski, a conglomerate owned by Jaime Gilinski, one of Colombia's richest ... The MoU involved Aflaj Investment LLC and industrial conglomerate Grupo Argos, Nutresa said in a filing, as well as JGDB Holding SAS and Nugil SAS - both part of Gilinksi's conglomerate.

Colombia's Gilinski signs MoU to exit stake in Grupo Sura

Reuters 25 May 2023
The conglomerate, owned by Jaime Gilinski, one of Colombia's richest men, had over ... The MoU involved Aflaj Investment LLC and industrial conglomerate Grupo Argos, Nutresa said in a filing, as well as JGDB Holding SAS and Nugil SAS - both part of Gilinksi's conglomerate.

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Smoke from a large wildfire billows over Fort McMurray, Alberta, Canada, 1 May, 2016. There are fears the wildfire could reach the neighboring province of Saskatchewan.
Creative Commons / Jason Woodhead