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Sequoia Capital exits TD Power with average IRR; Ronnie Screwvala among others buy

Manufacturing

08 January, 2015

Sequoia Capital exits TD Power with average IRR; Ronnie Screwvala among others buy

Sequoia Capital has exited its over three-year-old investment in power equipment maker TD Power Systems Ltd through an open market ......

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New Vernon scores 6x on part-exit from 9-yr old investment in Setco

Manufacturing

06 January, 2015

New Vernon scores 6x on part-exit from 9-yr old investment in Setco

New Vernon Private Equity, a part of New Jersey-based investment firm New Vernon Capital, has sold almost a quarter of ......

Jumps Auto acquires German plastic auto component maker Honasco

Manufacturing

05 January, 2015

Jumps Auto acquires German plastic auto component maker Honasco

Gurgaon-based auto components manufacturer Jumps Auto Industries Ltd has acquired German company Honasco Kunststofftechnik GmbH (Honasco) and its allied company ......

Bharat Forge acquires French oil & gas machining firm MGL for $14.3M

Manufacturing

05 January, 2015

Bharat Forge acquires French oil & gas machining firm MGL for $14.3M

The world's second-largest forgings company Bharat Forge Ltd (BFL) through its German subsidiary CDP Bharat Forge GmbH, has acquired French ......

Canbank Venture Capital buys 5% in engineering firm Anand Teknow for $2.5M

Manufacturing

05 January, 2015

Canbank Venture Capital buys 5% in engineering firm Anand Teknow for $2.5M

Canbank Venture Capital Fund Ltd (CVCFL) today said it has picked up 5 per cent equity stake in Anand Teknow ......

Bajaj Hindusthan gets board nod for over $1B debt recast plan

Manufacturing

30 December, 2014

Bajaj Hindusthan gets board nod for over $1B debt recast plan

Noida-based sugar and ethanol manufacturer Bajaj Hindusthan Ltd has obtained its board approval for the debt restructuring package worth around ......

Edelweiss ARC in talks to bring foreign investment worth $100M in Bharati Shipyard

Manufacturing

24 December, 2014

Edelweiss ARC in talks to bring foreign investment worth $100M in Bharati Shipyard

Edelweiss Asset Reconstruction Co Ltd (Edelweiss ARC), a wholly-owned subsidiary of Edelweiss Financial Services Ltd, is looking to channel investment ......

Havells inducts TPG's Puneet Bhatia and TV Mohandas Pai as directors

Manufacturing

23 December, 2014

Havells inducts TPG's Puneet Bhatia and TV Mohandas Pai as directors

Electrical consumer products maker Havells India Ltd has appointed three additional directors in the company including former Infosys honcho TV ......

French firm Systra pick controlling stake in SAI Consulting Engineers

Manufacturing

12 December, 2014

French firm Systra pick controlling stake in SAI Consulting Engineers

French consulting and engineering firm Systra SA acquired controlling equity stake in Ahmedabad-based SAI Consulting Engineers Private Ltd (SAI) for ......

Wayzata Investment Partners sells additional shares in Ramkrishna Forgings

Manufacturing

08 December, 2014

Wayzata Investment Partners sells additional shares in Ramkrishna Forgings

Private equity firm Wayzata Investment Partners has sold some additional shares in carbon and low-alloy steel forgings manufacturer Ramkrishna Forgings ......

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