Engineering
Manufacturing
MeadWestvaco Corp to acquire Gujarat-based Ruby Macons
US packaging major is acquiring Gujarat-based Ruby Macons Ltd, one of the largest players in the domestic industrial packaging industry, for an ......
Manufacturing
General Motors raises stake in Indian venture
General Motors Co bought back most of the 50-per cent stake in its Indian operations that it had sold to ......
Manufacturing
CX Partners, others in fray for stake in Sharda Worldwide
Private equity firm CX Partners and some other PE players are in fray to pick up a significant minority stake ......
Manufacturing
Surana Ventures looking to raise $10M from PE investors
Surana Ventures Ltd, the Hyderabad based manufacturer of solar energy systems, is looking to raise close to $10 million (Rs ......
Engineering
Our target is to produce 1 lakh tractors by 2013-end: International Tractors chairman LD Mittal
International Tractors Limited, the flagship of the Sonalika group, plans to roll out an aggressive domestic and international expansion plan ......
Manufacturing
Akar Tools in talks to sell its auto spring business
Aurangabad-based Akar Tools Ltd, a manufacturer and exporter of precision engineered hand tools, is in talks to sell majority in ......
Engineering
Blackstone to acquire 12.5% in International Tractors for up to $100M
The Blackstone Group today announced that it is picking up a 12.5 per cent stake in International Tractors Limited (ITL......
Manufacturing
PE-backed Innoventive Ind to acquire 51% stake in Innovative Technomics
Multi-product engineering firm Innoventive Industries Ltd has signed an agreement with Innovative Technomics Pvt Ltd (ITPL) to acquire 51 per cent ......
Manufacturing
Bajaj Electricals sells 50% stake in power tools venture to Black & Decker for $6.6M
Bajaj Electricals Ltd has sold its entire 50 per cent stake in Mumbai-based Bajaj Ventures Ltd for Rs 36 crore ......
Manufacturing
Thermax to make mid-sized acquisitions in developing markets
Energy and environment company Thermax Ltd is looking at acquiring small- to mid-sized energy equipment companies in international markets, chief ......