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Manjushree Technopack strikes second takeover deal under Advent

Manufacturing

22 September, 2020

Manjushree Technopack strikes second takeover deal under Advent

Less than 10 months after it bought a majority stake in an Amritsar-based firm, plastic packaging material maker Manjushree Technopack...

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Ramkrishna Forgings to raise fresh capital from existing investor

Manufacturing

22 September, 2020

Ramkrishna Forgings to raise fresh capital from existing investor

Diversified metals manufacturer Ramkrishna Forgings Ltd will raise fresh capital from an existing investor as it seeks to finance...

CAMS IPO subscribed 82%, Chemcon covered five times on first day

Finance

21 September, 2020

CAMS IPO subscribed 82%, Chemcon covered five times on first day

The initial public offering of Warburg Pincus-backed Computer Age Management Services Ltd (CAMS) began on a strong note on Monday...

Hindujas' firm to offload about half of its holding in US chemical giant

Manufacturing

21 September, 2020

Hindujas' firm to offload about half of its holding in US chemical giant

Hinduja group-promoted GOCL Corp Ltd said Monday that it has decided to pare just under half its stake in chemical ......

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Blackstone earns stellar returns in partial exit from Essel Propack

Manufacturing

18 September, 2020

Blackstone earns stellar returns in partial exit from Essel Propack

Blackstone Group Inc., the world’s largest private equity firm, has sold nearly a third of its stake in Essel Propack ......

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Mitsubishi-backed Indian chemicals firm taking control of Hyderabad drugmaker

Manufacturing

17 September, 2020

Mitsubishi-backed Indian chemicals firm taking control of Hyderabad drugmaker

An Indian chemicals maker partly owned by Japan’s Mitsubishi Corp has struck a deal to acquire a controlling stake in ......

India-China tensions delay GM's sale of local plant to Great Wall Motor

Manufacturing

17 September, 2020

India-China tensions delay GM's sale of local plant to Great Wall Motor

Delays to General Motors’ sale of its Indian plant to Great Wall Motor due to tensions between India and China ......

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Manufacturing

14 September, 2020

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received...

Kirloskar Ferrous to acquire VSL Steels factory

Manufacturing

14 September, 2020

Kirloskar Ferrous to acquire VSL Steels factory

Kirloskar Ferrous Industries Ltd, the pig iron and iron castings-based arm of the Kirloskar Group of Companies, has agreed to...

India passenger vehicle sales climb 14% in August

Manufacturing

11 September, 2020

India passenger vehicle sales climb 14% in August

Total passenger vehicle sales in India rose 14.16% in August, showing some signs of economic recovery as industries restart operations...

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