Engineering
Engineering
Motherson Sumi to acquire Finland's PKC Group for up to $610 mn
Motherson Sumi Systems Ltd, India's largest auto-component maker, has agreed to acquire Finland's PKC Group Plc ......
Manufacturing
India December auto sales post steepest drop in 16 years on cash woes
India's automobile sales saw their biggest monthly fall in 16 years in December after Prime Minister Narendra Modi's ban on ......
Manufacturing
Tatas-owned Jaguar Land Rover buys stake in car technology firm CloudCar
Britain's biggest carmaker Jaguar Land Rover said on Friday it was buying a minority stake in connected car technology firm ......
Manufacturing
Mahindras exit JV with auto components maker Sona Group
Auto-to-software conglomerate Mahindra Group has exited a joint venture it had formed with auto components maker Sona Group nearly two ......
Manufacturing
China's SAIC plans to acquire GM's Gujarat car plant
A subsidiary of China's top carmaker SAIC Motor Corp plans to acquire certain General Motors manufacturing assets in India, a ......
Manufacturing
Tata Motors shareholders vote to remove Nusli Wadia
Tata Motors Ltd said on Friday its shareholders have voted to remove Wadia Group chairman Nusli Wadia as an independent ......
Manufacturing
Special situations-focused PE firm Mount Kellett logs another poor exit
Distressed assets and special situations-focused private investment firm Mount Kellett Capital Management has completely exited one of its Indian portfolio ......
Manufacturing
Blackstone strikes gold with its best returns from an Indian firm
Alternative assets fund manager Blackstone, which made one loss-making partial exit and two below-average exits from its India portfolio this ......
Manufacturing
SAIF Partners raises stake in new PIPE portfolio firm
Multi-stage private investment firm SAIF Partners, which built a fairly active public equities portfolio in the past and has revived ......
Manufacturing
Tata Sons shells out $360 mn to up stake in Tata Motors
Tata Sons Ltd acquired 5 crore Tata Motors Ltd shares on Tuesday, representing a 1.73% stake, that could prove crucial ......