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Manufacturing

Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Manufacturing

15 July, 2020

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Reliance Industries' plans to sell 20% stake in its oil-to-chemical business to Saudi Aramco is delayed, chairman of the Indian...

Rossari Biotech gets bumper response on final day for first post-Covid IPO

Manufacturing

15 July, 2020

Rossari Biotech gets bumper response on final day for first post-Covid IPO

Rossari Biotech Ltd received a staggering response to its initial public offering on the final day on Wednesday for what ......

Rossari Biotech's IPO sails through on second day

Manufacturing

14 July, 2020

Rossari Biotech's IPO sails through on second day

The initial public offering of Rossari Biotech Ltd received full subscription on the second day on Tuesday with strong demand...

India auto sales tank in June, will take 3-4 years to recover: SIAM

Manufacturing

14 July, 2020

India auto sales tank in June, will take 3-4 years to recover: SIAM

Domestic car and SUV sales in India fell 50% in June, an industry body said on Tuesday, as coronavirus-related lockdowns ......

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Once-iconic textile firm enters bankruptcy to weave its way out of crisis

Manufacturing

14 July, 2020

Once-iconic textile firm enters bankruptcy to weave its way out of crisis

A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset...

Rossari Biotech's IPO crosses halfway mark on first day

Manufacturing

13 July, 2020

Rossari Biotech's IPO crosses halfway mark on first day

The initial public offering of Rossari Biotech Ltd crossed the halfway mark on the first day on Monday thanks to ......

US hedge fund gets court approval to buy bankrupt Amtek Auto

Manufacturing

11 July, 2020

US hedge fund gets court approval to buy bankrupt Amtek Auto

US-based hedge fund Deccan Value Investors LP has received court approval to buy bankrupt auto component maker Amtek Auto Ltd...

ADIA, Sumeet Nagar's hedge fund among anchor investors in Rossari Biotech's IPO

Manufacturing

10 July, 2020

ADIA, Sumeet Nagar's hedge fund among anchor investors in Rossari Biotech's IPO

Speciality chemicals maker Rossari Biotech Ltd has raised Rs 148.87 crore ($19.8 million) from a bunch of anchor investors including...

How govt's ambitious plan to help SMEs is doing little to save them

Manufacturing

10 July, 2020

How govt's ambitious plan to help SMEs is doing little to save them

India re-opened for business in June after months of lockdown but for thousands of small entrepreneurs in the town of ......

Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery

Manufacturing

10 July, 2020

Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery

Abu Dhabi's investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil's...

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