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Engineering

L&T Q1 net profit up over two times on disinvestment gain

Manufacturing

28 July, 2014

L&T Q1 net profit up over two times on disinvestment gain

Larsen and Toubro today reported an over two-fold rise in consolidated net profit at Rs 967 crore for the April-June ......

UK-based Exova Group acquires Metallurgical Services

Manufacturing

21 July, 2014

UK-based Exova Group acquires Metallurgical Services

UK-based testing services provider Exova Group Plc has acquired Mumbai-based Metallurgical Services Private Limited, an independent material testing laboratory promoted ......

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WestBridge exits Havells with around 3x in under three years

Manufacturing

18 July, 2014

WestBridge exits Havells with around 3x in under three years

Public markets-focused private equity firm WestBridge Capital has clocked its first full exit from a portfolio firm this year by ......

Mahindra, GE pact for aerostructure manufacturing

Manufacturing

18 July, 2014

Mahindra, GE pact for aerostructure manufacturing

India's Mahindra Aerospace and GE Aviation have signed a pact for co-operation in manufacturing of aerostructures.A memorandum of understanding has ......

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MCap invests in electrical appliances maker V-Guard

Manufacturing

09 July, 2014

MCap invests in electrical appliances maker V-Guard

MCap Fund Advisors, an investment advisory firm floated by former Baring Private Equity India partner Subbu Subramaniam, has picked up ......

Germany-based Günther Wirth acquires remaining 25% stake in GW Precision

Manufacturing

07 July, 2014

Germany-based Günther Wirth acquires remaining 25% stake in GW Precision

Germany-based tool manufacturing company Günther Wirth (GW), a part of the Luxembourg-headquartered carbide specialist Ceratizit, has acquired the remaining 25 ......

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EMS firm SFO Technologies in talks with Kedaara, others to raise up to $80M

Manufacturing

03 July, 2014

EMS firm SFO Technologies in talks with Kedaara, others to raise up to $80M

SFO Technologies, the flagship company of Kochi-based diversified business conglomerate NeST Group, is in preliminary talks to raise $60-80 million ......

Swedish lock-maker Assa Abloy to buy ENOX to expand India business

Manufacturing

01 July, 2014

Swedish lock-maker Assa Abloy to buy ENOX to expand India business

Swedish multinational Assa Abloy has signed an agreement to acquire the locks and hardware business from Mumbai-based Pooja Hardware Pvt ......

Ashok Leyland opens QIP to raise around $105M

Manufacturing

27 June, 2014

Ashok Leyland opens QIP to raise around $105M

Ashok Leyland, the second-largest commercial vehicle maker in India, has opened its qualified institutional placement (QIP) issue late Thursday, according ......

L&T acquires 74% stake in French defence & aerospace major Thales' Indian arm

Manufacturing

30 June, 2014

L&T acquires 74% stake in French defence & aerospace major Thales' Indian arm

L&T Technology Services, a wholly-owned subsidiary of $14.3 billion Larsen & Toubro (L&T), has acquired 74 per cent stake in ......

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