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

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Camlin promoter gets buyback option as incentive from PE investor

Manufacturing

09 July, 2020

Camlin promoter gets buyback option as incentive from PE investor

The private equity investor of Camlin Fine Sciences Ltd has offered the specialty chemicals maker’s promoter an option to...

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PE, hedge funds among Rossari Biotech's pre-IPO backers as firm trims valuation

Manufacturing

08 July, 2020

PE, hedge funds among Rossari Biotech's pre-IPO backers as firm trims valuation

Rossari Biotech Ltd, which will open its initial public offering next week, raised fresh capital from a hedge fund and ......

UltraTech to sell Chinese cement unit for $120 mn

Manufacturing

07 July, 2020

UltraTech to sell Chinese cement unit for $120 mn

UltraTech Cement Ltd, India’s largest producer of the building material, will sell its entire stake in a Chinese unit for...

After Ampere, Greaves Cotton to buy another electric vehicle maker

Manufacturing

06 July, 2020

After Ampere, Greaves Cotton to buy another electric vehicle maker

Engineering company Greaves Cotton Ltd, which manufactures engines and heavy equipment, has signed a pact to acquire Bestway Agencies...

Govt seeks to curb power equipment imports from China amid border tensions

Manufacturing

03 July, 2020

Govt seeks to curb power equipment imports from China amid border tensions

Indian companies will need government permission to import power supply equipment and components from China, according to an order...

Haldia Petrochemicals, Rhone Capital jointly acquire US-based Lummus for $2.7 bn

Manufacturing

01 July, 2020

Haldia Petrochemicals, Rhone Capital jointly acquire US-based Lummus for $2.7 bn

Haldia Petrochemicals Ltd, majority owned by The Chatterjee Group (TCG), together with global private equity firm Rhone Capital,...

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Adanis strike second deal for bankrupt firm amid allegations over impropriety

Manufacturing

01 July, 2020

Adanis strike second deal for bankrupt firm amid allegations over impropriety

The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two...

India's factory activity contracts for third straight month in June

Manufacturing

01 July, 2020

India's factory activity contracts for third straight month in June

India’s manufacturing activity contracted for a third straight month in June, albeit at a much shallower pace, as demand...

Jindal Steel to sell Oman unit to promoter group firm for $1 bn

Manufacturing

01 July, 2020

Jindal Steel to sell Oman unit to promoter group firm for $1 bn

Jindal Steel & Power Ltd is selling its Oman unit to Templar Investments Ltd, a Mauritius-based company owned by its ......

Essar group bids for Brazil's second-largest oil refinery

Manufacturing

01 July, 2020

Essar group bids for Brazil's second-largest oil refinery

Indian conglomerate Essar Group made a binding offer to Brazil's Petroleo Brasileiro SA to buy the country's second largest...

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