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Engineering

Apollo converts Welspun Corp debenture at 60% premium

Manufacturing

18 February, 2013

Apollo converts Welspun Corp debenture at 60% premium

Private equity major Apollo Global Management has converted its convertible debenture in pipe manufacturing firm Welspun Corp at a 60 ......

M&M to raise stake in Ssangyong unit to 73%

Manufacturing

15 February, 2013

M&M to raise stake in Ssangyong unit to 73%

Mahindra & Mahindra (M&M) is putting in KRW 80 billion ($73.7 million) afresh in Ssangyong Motor Co by subscribing to ......

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Firodias looking to exit minority stake in Mahindra Two Wheelers, in talks with PE firms

Manufacturing

12 February, 2013

Firodias looking to exit minority stake in Mahindra Two Wheelers, in talks with PE firms

Firodias-promoted Kinetic Motor Co Ltd is looking to exit its two-wheeler joint venture with Mahindras by selling its entire holding ......

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Warburg Pincus starts exiting Havells with over 2x returns

Manufacturing

05 February, 2013

Warburg Pincus starts exiting Havells with over 2x returns

Private equity major Warburg Pincus has started exiting its nearly six year old investment in electrical equipment company Havells India ......

Suzlon gets approval for debt restructuring proposal of $1.8B

Manufacturing

24 January, 2013

Suzlon gets approval for debt restructuring proposal of $1.8B

Wind turbine manufacturer Suzlon Energy Ltd has got the formal approval for its proposal to restructure domestic debt from the ......

Ador Welding buys 60% of Israel's Plasma Laser Technologies

Manufacturing

04 February, 2013

Ador Welding buys 60% of Israel's Plasma Laser Technologies

Mumbai-headquartered industrial tools manufacturing and engineering company has acquired 60 per cent stake in Israel-based Plasma Laser Technologies Ltd, for ......

PE-backed Amtek Auto sells 5% stake in subsidiary to foreign investor for $4.1M

Manufacturing

23 January, 2013

PE-backed Amtek Auto sells 5% stake in subsidiary to foreign investor for $4.1M

Auto component maker Amtek Auto Ltd has sold 5 per cent stake in its subsidiary Amtek Crankshafts (India) Ltd to ......

BCCL to pick shares worth $2.4M in jewellery firm C Mahendra Exports

Manufacturing

15 January, 2013

BCCL to pick shares worth $2.4M in jewellery firm C Mahendra Exports

Ad-for-equity media investor Bennett, Coleman & Co Ltd (BCCL) is picking equity convertible warrants worth Rs 13.4 crore ($2.4 million) ......

Big test for Jaguar Land Rover under Tata Motors

Manufacturing

15 January, 2013

Big test for Jaguar Land Rover under Tata Motors

Jaguar Land Rover has roared to health in the four years since it was bought by Tata motors, but now ......

Ammann Group to buy 70% in road construction equipment biz of Apollo Group for $51M

Engineering

26 December, 2012

Ammann Group to buy 70% in road construction equipment biz of Apollo Group for $51M

Swiss engineering firm Ammann Group is picking 70 per cent stake in the consolidated road construction equipment ......

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