Engineering
Manufacturing
Lumax Auto forms 55:45 JV with Japan's Mannoh Industrial for gear shift lever systems
Auto component maker Lumax Auto Technologies Ltd has signed a joint venture (JV) agreement with Japan's Mannoh Industrial Co Ltd ......
Manufacturing
CBI to probe bribery charges in $1.2B Rolls-Royce
The defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited's (HAL) purchase of ......
Manufacturing
German cable support systems firm PUK-WERKE acquires majority stake in Profab Engineers
Berlin-based PUK-WERKE KG Kunststoff-Stahlverarbeitung GmbH & Co has acquired controlling stake in Mumbai-based cable management company Profab Engineers Private Limited, ......
Manufacturing
Hero Group's auto component firm Rockman to buy majority stake in Sargam Diecastings
Rockman Industries Ltd, a part of Hero Group, has entered into a definitive agreement to acquire majority stake in Chennai-based ......
Manufacturing
IFC exits Coimbatore-based LG Balakrishnan at loss
The International Finance Corporation, the private sector lending arm of the World Bank, has exited the Coimbatore-based auto component manufacturer LG Balakrishnan ......
Manufacturing
Siemens gets board nod to acquire rail automation unit from parent for $9M
Siemens Ltd, the public listed Indian arm of the German conglomerate, said its board has approved a proposal to acquire ......
Manufacturing
McNally Bharat's Singapore arm sells entire 41.66% stake in Hayward Tyler Group for $20.5M
McNally Bharat Engineering (MBE) Company Ltd's Singapore-based subsidiary MBE Mineral Technologies Pte Ltd has offloaded its entire holding of 41.66 ......
Manufacturing
Raj Bagri's investment arm part exits Tecpro with deep haircut after scoring multi-bagger in its IPO
London-based Indian businessman Raj Bagri, who co-invested in material handling company Tecpro Systems along with private equity firm Avigo Capital ......
Manufacturing
Pricol board approves merger of promoter group firm Xenos
The proposed merger of Coimbatore-based auto accessories maker Xenos Automotive Ltd with Pricol Ltd has been approved by the boards ......
Manufacturing
Blackstone completes open offer to seal management buyout of Igarashi Motors
Private equity major Blackstone Group, along with auto parts maker Agile Electric Sub Assembly Pvt Ltd and other entities, has ......
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