Engineering
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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) ......
Manufacturing
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 ......
Engineering
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 ......
