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Engineering

Pipavav Defence looking to raise $150M through LSE listing by Oct

Manufacturing

13 August, 2013

Pipavav Defence looking to raise $150M through LSE listing by Oct

SKIL Group’s Pipavav Defence and Offshore Engineering Co Ltd has said it is looking to raise $150 million through a ......

Siemens selling two units to German parent for $20.2M

Manufacturing

02 August, 2013

Siemens selling two units to German parent for $20.2M

Siemens Ltd, the public listed Indian arm of the German conglomerate, is selling two of its businesses—Postal and Parcel Logistics ......

Italy-based auto components maker Streparava acquires Sansera's 51% stake in Indian JV

Manufacturing

23 July, 2013

Italy-based auto components maker Streparava acquires Sansera's 51% stake in Indian JV

Italy-based auto components maker Streparava Holding SPA has acquired the remaining 51 per cent stake owned by Sansera Engineering Pvt ......

Blackstone acquiring auto component maker Agile Electric, leading management buyout of Igarashi Motors for up to $74M

Manufacturing

17 July, 2013

Blackstone acquiring auto component maker Agile Electric, leading management buyout of Igarashi Motors for up to $74M

Private equity major Blackstone Group is acquiring a controlling stake in Agile Electric Sub Assembly Pvt Ltd, which is engaged ......

Mawana Sugars to sell 5% stake in cutting tools JV with Ceratizit for $2.7M

Manufacturing

17 July, 2013

Mawana Sugars to sell 5% stake in cutting tools JV with Ceratizit for $2.7M

Siddharth Shriram-controlled Mawana Sugars Ltd (MSL) has entered into a definitive agreement to sell 5 per cent stake in its ......

Saroj Poddar's Texmaco to acquire 24.9% in Kalindee Rail for $4.5M; takeover battle looms

Manufacturing

15 July, 2013

Saroj Poddar's Texmaco to acquire 24.9% in Kalindee Rail for $4.5M; takeover battle looms

Kolkata-based Adventz Group firm Texmaco Rail and Engineering Ltd has entered into a definitive agreement to acquire 24.90 per cent ......

L&T misses profit forecasts, set for more turbulence

Manufacturing

22 July, 2013

L&T misses profit forecasts, set for more turbulence

Larsen & Toubro Ltd (L&T) warned of more speed bumps after India's largest engineering and construction group surprised investors with ......

HIM Group to acquire 55% stake in auto component maker Gujarat Automotive for $3.6M

Manufacturing

10 July, 2013

HIM Group to acquire 55% stake in auto component maker Gujarat Automotive for $3.6M

HIM Group, through its privately held flagship company HIM Teknoforge Ltd and associate firm Globe Precision Industries Pvt Ltd, has ......

Citigroup Venture Capital International investing $56M in Bangalore-based Sansera Engineering

Manufacturing

09 July, 2013

Citigroup Venture Capital International investing $56M in Bangalore-based Sansera Engineering

Citigroup’s private equity arm, Citigroup Venture Capital International (CVCI) is acquiring 'a substantial stake' in Sansera Engineering Pvt Ltd, a ......

Amtek Auto acquiring 51.2% stake in JMT Auto for $18.4M

Manufacturing

28 June, 2013

Amtek Auto acquiring 51.2% stake in JMT Auto for $18.4M

Auto components major Amtek Auto Ltd has signed a share purchase agreement with the promoters of Jamshedpur-based JMT Auto Ltd ......

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