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Motherson Sumi to acquire Finland's PKC Group for up to $610 mn

Engineering

20 January, 2017

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 ......

India December auto sales post steepest drop in 16 years on cash woes

Manufacturing

10 January, 2017

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 ......

Tatas-owned Jaguar Land Rover buys stake in car technology firm CloudCar

Manufacturing

06 January, 2017

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 ......

Mahindras exit JV with auto components maker Sona Group

Manufacturing

06 January, 2017

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 ......

China's SAIC plans to acquire GM's Gujarat car plant

Manufacturing

06 January, 2017

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 ......

Tata Motors shareholders vote to remove Nusli Wadia

Manufacturing

23 December, 2016

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 ......

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Special situations-focused PE firm Mount Kellett logs another poor exit

Manufacturing

16 December, 2016

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 ......

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Blackstone strikes gold with its best returns from an Indian firm

Manufacturing

15 December, 2016

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 ......

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SAIF Partners raises stake in new PIPE portfolio firm

Manufacturing

14 December, 2016

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 ......

Tata Sons shells out $360 mn to up stake in Tata Motors

Manufacturing

13 December, 2016

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 ......

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