Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Before 30/9/2005 Chambal fertilizers acquire one company under merger and acquisition scheme, i want the name of that company.

About: Company: Chambal Fertilisers & Chemicals Ltd.

Asked by vinay shitut, 18 Jul '07 07:21 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (1)

1.

I think you are talking about India Steamship Company's merger into Chambal Fertilisers and Chemicals in August 2005.
Details: India Steamship Company (ISS), a K. K. Birla Group company, was one of three leading liner operators out of India, the other two being Scindia Steam Navigation Company and Shipping Corporation of India (SCI). Subsequently, Scindia closed operations and ISS fell into bad days. Several moves were initiated to revive ISS, first by having another shipping company in the same group, Ratnakar Shipping, merged into it and by allowing it to gradually withdraw from the liner services, then by undertaking financial restructuring and one-time settlement of all liabilities. Finally, in August 2005, ISS was merged into Chambal Fertilisers & Chemicals, Ltd, also belonging to K. K. Birla Group.
Answered by shailesh soni, 14 Aug '07 06:40 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Warren Hastings ?..more