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Manufacturing

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

Warburg Pincus to invest $150 mn in Apollo Tyres

Manufacturing

26 February, 2020

Warburg Pincus to invest $150 mn in Apollo Tyres

Private equity firm Warburg Pincus will invest Rs 1,080 crore (about $150 million) in Apollo Tyres Ltd, the Indian tyre ......

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Temasek makes another partial exit from agri-business firm

Manufacturing

25 February, 2020

Temasek makes another partial exit from agri-business firm

Singapore state investor Temasek Holdings Pte. Ltd has pared its stake in an agri-business company, taking advantage of a rally...

Specialty chemicals maker Rossari Biotech gets SEBI approval for IPO

Manufacturing

25 February, 2020

Specialty chemicals maker Rossari Biotech gets SEBI approval for IPO

Rossari Biotech Ltd, which makes specialty chemicals, has received regulatory approval for its initial public offering. The...

Lumax Auto to snap up OK Play Group's auto component business

Manufacturing

25 February, 2020

Lumax Auto to snap up OK Play Group's auto component business

Automotive components maker Lumax Auto Technologies Ltd has agreed to acquire the rotational moulded plastic business of New Delhi-based...

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Multiples PE exits Arvind's demerged engineering business arm

Manufacturing

24 February, 2020

Multiples PE exits Arvind's demerged engineering business arm

Homegrown private equity firm Multiples Alternate Asset Management Pvt. Ltd has completely exited The Anup Engineering Ltd barely...

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Steelmaker becomes first distressed firm to recast debt under same management

Manufacturing

19 February, 2020

Steelmaker becomes first distressed firm to recast debt under same management

A Chhattisgarh-based iron and steel products maker has become the first distressed company to restructure its debt under the same...

British tycoon Gupta's GFG Alliance buys Adhunik Metaliks in debut India deal

Manufacturing

18 February, 2020

British tycoon Gupta's GFG Alliance buys Adhunik Metaliks in debut India deal

GFG Alliance, the metals group controlled by Britain-based Sanjeev Gupta, said on Tuesday it has acquired Adhunik Metaliks Ltd...

JSW Steel gets immunity for Bhushan Power acquisition

Manufacturing

18 February, 2020

JSW Steel gets immunity for Bhushan Power acquisition

The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its...

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Manufacturing

18 February, 2020

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Germany's Thyssenkrupp has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator...

Amtek creditors accept US hedge fund's offer, to take deep haircut

Manufacturing

13 February, 2020

Amtek creditors accept US hedge fund's offer, to take deep haircut

The creditors of automobile component maker Amtek Auto Ltd have okayed a bankruptcy resolution plan proposing around 80% haircut...

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