Manufacturing
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Manufacturing
ArcelorMittal, Nippon Steel sign $5.15 bn loan pact to refinance Essar Steel buy
Japan's biggest steelmaker Nippon Steel Corp said on Tuesday its joint venture with ArcelorMittal has signed a $5.15 billion...
Manufacturing
SEBI upholds ban on Avantha execs; may probe KKR's role in CG Power case
The Securities and Exchange Board of India (SEBI) may examine private equity giant KKR’s alleged involvement in an insider...
Manufacturing
Tata Steel Europe to cut 1,250 jobs in turnaround push
Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs to urgently...
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Manufacturing
Kotak stressed assets fund pulls Jindal Stainless out of debt rejig
The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment...
Manufacturing
Factory activity growth slows in February on weak demand
India’s factory activity growth slowed in February from the previous month’s eight-year high due to a modest weakening...
Manufacturing
Mahindra & Mahindra, Tata Motors say coronavirus outbreak hitting parts supply
Indian automakers Mahindra and Mahindra Ltd (M&M) and Tata Motors said on Sunday their supply of parts from China had ......
Manufacturing
Suzlon to recast debt, get fresh capital from Tulsi Tanti and Sun Pharma promoters
Suzlon Energy Ltd will restructure its debt, sell assets and raise capital from its founder and other shareholders, as the ......
Manufacturing
Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn
Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's...
Manufacturing
Tata Motors, two group finance firms accused of antitrust violations
India’s competition regulator is examining allegations that Tata Motors and two finance firms of its $100 billion parent...
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