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Amtek India raises $70M through FCCBs

Manufacturing

07 September, 2012

Amtek India raises $70M through FCCBs

Auto component-maker Amtek India Ltd has raised $70 million (Rs 390 crore) through foreign currency convertible bonds (FCCBs), as per ......

Suzlon appoints former bureaucrat Rohit Modi as CEO for India & emerging markets

Manufacturing

04 September, 2012

Suzlon appoints former bureaucrat Rohit Modi as CEO for India & emerging markets

Wind turbine maker Suzlon has appointed Rohit Modi as CEO for India and emerging Markets, according to a company statement. ......

Ravi Uppal steps down from L&T board

Manufacturing

06 September, 2012

Ravi Uppal steps down from L&T board

Ravi Uppal is stepping down from the board of India’s largest engineering company Larsen & Toubro (L&T) in a high ......

L&T to sell plastics machinery business to Toshiba

Manufacturing

28 August, 2012

L&T to sell plastics machinery business to Toshiba

Engineering major Larsen & Toubro is in talks to sell its plastics machinery business subsidiary L&T Plastics Machinery Ltd (LTPML) ......

SAAB to invest $38M in PE-backed Pipavav Defence and Offshore Engineering

Manufacturing

27 August, 2012

SAAB to invest $38M in PE-backed Pipavav Defence and Offshore Engineering

Swedish defence and security company SAAB has signed a memorandum of understanding (MoU) with Pipavav Defence and Offshore Engineering Co ......

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Mitsui picks up 30% in plumbing major Toto's India unit for $10.9M

Manufacturing

24 August, 2012

Mitsui picks up 30% in plumbing major Toto's India unit for $10.9M

Japanese conglomerate Mitsui & Co., Ltd is picking a 30 per cent stake in the India arm of Toto Ltd, ......

Standard Chartered PE invests $45M in engineering firm Inox India

Manufacturing

22 August, 2012

Standard Chartered PE invests $45M in engineering firm Inox India

Standard Chartered Private Equity (SCPE) has invested Rs 250 crore ($45 million) to pick up a minority stake in Vadodara-based ......

StanChart PE invests $15.5M in IFC-backed Craftsman Automation

Manufacturing

17 August, 2012

StanChart PE invests $15.5M in IFC-backed Craftsman Automation

Standard Chartered Private Equity (SCPE) has invested Rs 85 crore ($15.5 million) for a minority stake in Craftsman Automation Private ......

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Oman India Joint Investment Fund acquires minority stake in Indus Teqsite

Manufacturing

09 August, 2012

Oman India Joint Investment Fund acquires minority stake in Indus Teqsite

Oman India Joint Investment Fund, the private equity fund sponsored by Oman’s sovereign wealth fund and India’s largest lender State ......

PE-backed Diamond Power buys stake in Maktel Control & Systems

Manufacturing

20 July, 2012

PE-backed Diamond Power buys stake in Maktel Control & Systems

Kotak PE and Clearstone-backed Diamond Power Infrastructure Ltd has acquired an undisclosed stake in privately held Maktel Control and Systems ......

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