Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
KKR completes exit from fraud-hit manufacturing firm with poor returns
Global alternative assets giant KKR has fully exited a manufacturing company that has struggled over the past many months due...
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Manufacturing
GMM Pfaudler to take control of Pfaudler Group's global business
GMM Pfaudler Ltd, the Indian unit of US-based Pfaudler Inc., said Thursday it will acquire a majority stake in the ......
Manufacturing
M&A Lab: Bhushan Steel on the mend in Tata avatar but ghost of bankruptcy haunts
In May 2018, Tata Steel Ltd acquired Bhushan Steel Ltd for Rs 35,200 crore in its biggest purchase of a ......
Manufacturing
Chinese firm snaps up Centum Electronics' French energy division
Bengaluru-based Centum Electronics Ltd has sold its French energy business to a Chinese company for €9.8 million (around...
Manufacturing
Govt wants auto companies to cut royalties to foreign parents
India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use...
Manufacturing
KKR makes partial exit from manufacturing firm as it cleans up its debt book
Global alternative assets giant KKR, which has been under pressure in India for its debt investments, has sold a bulk ......
Manufacturing
Volvo to merge India bus unit with Eicher JV
A joint venture between Eicher Motors Ltd and Sweden’s Volvo Group has agreed to acquire the latter’s domestic bus...
Manufacturing
Shell eyes stake in Nayara's $9 bn petrochemical project
Oil major Royal Dutch Shell plans to buy a 50% stake in Indian-based Nayara Energy’s up to $9 billion planned ......
Manufacturing
KKR's India NBFC drags Sintex unit to bankruptcy court
KKR India Financial Services Ltd, the non-bank lending arm of the global private equity firm, has approached the bankruptcy court...
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