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Manufacturing

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

SFIO initiates probe against fraud-hit CG Power

Manufacturing

11 December, 2019

SFIO initiates probe against fraud-hit CG Power

The Serious Fraud Investigation Office (SFIO) has initiated a probe against CG Power and Industrial Solutions Ltd and 15 group...

Electric vehicles maker Pi Beam raises bridge funding from GAIL

Manufacturing

10 December, 2019

Electric vehicles maker Pi Beam raises bridge funding from GAIL

Pi Beam Labs Pvt. Ltd, which builds affordable electric utility vehicles, has raised Rs 5 crore ($705,159 at current exchange...

India's auto sales fall for 13th straight month in November

Manufacturing

10 December, 2019

India's auto sales fall for 13th straight month in November

Passenger vehicle production in India rose 4.06% during November, a report by an industry body showed on Tuesday, signalling a...

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Company watch: Kedaara-backed Parksons packs a punch as FY19 revenue, profit jump

Manufacturing

10 December, 2019

Company watch: Kedaara-backed Parksons packs a punch as FY19 revenue, profit jump

Parksons Packaging Ltd reported an acceleration in revenue and profit growth for the year through March 2019 as it started ......

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Manufacturing

10 December, 2019

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Executives at major state-run Indian companies voiced their opposition to government plans to privatise oil refiner Bharat Petroleum...

Saudi Aramco raises $25.6 bn in world's biggest IPO

Manufacturing

06 December, 2019

Saudi Aramco raises $25.6 bn in world's biggest IPO

State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of...

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Tracing Advent and Temasek's returns from partial exit in Crompton Greaves Consumer

Manufacturing

04 December, 2019

Tracing Advent and Temasek's returns from partial exit in Crompton Greaves Consumer

US private equity firm Advent International and Singapore state investor Temasek Holdings have walked away with a bountiful harvest...

Advent-backed Manjushree Technopack acquires majority stake in National Plastics

Manufacturing

03 December, 2019

Advent-backed Manjushree Technopack acquires majority stake in National Plastics

Plastic packaging material maker Manjushree Technopack Ltd (MTL), which is backed by US private equity firm Advent International,...

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Tano Capital makes a bagful of returns from partial exit in luggage maker

Manufacturing

03 December, 2019

Tano Capital makes a bagful of returns from partial exit in luggage maker

Tano Capital, an Asia-focused alternative asset manager that runs an India-specific fund, has once again clocked superior returns...

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Goldman Sachs' India agri-commodity platform strikes debut deal

Manufacturing

02 December, 2019

Goldman Sachs' India agri-commodity platform strikes debut deal

An India investment platform set up by US financial services giant Goldman Sachs to focus on agricultural commodities firms and...

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