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M&M to buy out Navistar stakes in Indian truck biz for $33M

Manufacturing

19 December, 2012

M&M to buy out Navistar stakes in Indian truck biz for $33M

Mahindra & Mahindra Ltd (M&M) is buying out its overseas partner Navistar International Corp in two joint ventures, producing and ......

Japan's Nabtesco picks 49% stake in auto component JV with Uno Minda

Manufacturing

17 December, 2012

Japan's Nabtesco picks 49% stake in auto component JV with Uno Minda

Nabtesco Automotive Corporation, a Japanese firm specialising in air-brake components, has joined hands with Indian auto components manufacturer Uno Minda for ......

Tata Advanced Systems acquires majority stake in Aurora Integrated Systems

Manufacturing

12 December, 2012

Tata Advanced Systems acquires majority stake in Aurora Integrated Systems

Tata Advanced Systems Ltd (TASL), a subsidiary of Tata Sons, has acquired majority stake in Bangalore-based Aurora Integrated Systems Ltd ......

IFC to pick 8.9% stake in Ramkrishna Forgings for $5M

Manufacturing

11 December, 2012

IFC to pick 8.9% stake in Ramkrishna Forgings for $5M

International Finance Corporation (IFC), the private sector arm of the World Bank Group, is acquiring 8.9 per cent stake in ......

Tata Capital invests $2.7M in Gurgaon-based PLUSS Polymers

Manufacturing

30 November, 2012

Tata Capital invests $2.7M in Gurgaon-based PLUSS Polymers

Tata Capital Innovations Fund, a domestic fund managed by Tata Capital Private Equity, has invested Rs 15 crore ($2.7 million) ......

Tamil Nadu-based ELGI Equipments acquires American firm Patton's Inc

Manufacturing

29 November, 2012

Tamil Nadu-based ELGI Equipments acquires American firm Patton's Inc

Tamil Nadu-based air compressor manufacturer ELGI Equipments Ltd has acquired US-based Patton’s Inc. through its newly incorporated subsidiary, Elgi Compressors ......

Saab to pick 26% stake in aerostructure assembly JV with PE-backed QuEST

Manufacturing

27 November, 2012

Saab to pick 26% stake in aerostructure assembly JV with PE-backed QuEST

Warburg Pincus-backed QuEST Global’s group firm QuEST Global Manufacturing has signed a joint venture agreement with Swedish defence and security ......

Helix Investments invests in waste heat recovery firm M.E Energy

Manufacturing

01 November, 2012

Helix Investments invests in waste heat recovery firm M.E Energy

Private equity firm Helix Investments has picked up a significant minority stake in thermal engineering company , officials toldVCCircle. The Pune-based ......

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PineBridge exits Maini Precision Products for $15.3M, pockets 3x

Manufacturing

31 October, 2012

PineBridge exits Maini Precision Products for $15.3M, pockets 3x

PineBridge Investments has exited from its seven year old investment of $6.2 million (as per exchange rate back then) in ......

L&T beats forecast, order inflows up 30%

Manufacturing

22 October, 2012

L&T beats forecast, order inflows up 30%

Larsen & Toubro, India's top construction and engineering company, beat estimates on Monday with a 15 per cent rise in ......

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