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Manufacturing

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

India manufacturing growth slows to 15-month low in August

Manufacturing

03 September, 2019

India manufacturing growth slows to 15-month low in August

Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their ......

Fraud-hit CG Power's board removes chairman Gautam Thapar

Manufacturing

29 August, 2019

Fraud-hit CG Power's board removes chairman Gautam Thapar

CG Power and Industrial Solutions Ltd said on Thursday its board of directors has decided to remove chairman Gautam Thapar ......

CG Power plans to offload non-core assets, raise fresh funds

Manufacturing

28 August, 2019

CG Power plans to offload non-core assets, raise fresh funds

Avantha Group company CG Power and Industrial Solutions Ltd is considering to offload its non-core assets and an equity fund ......

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Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Manufacturing

27 August, 2019

Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Nithia Capital Resources LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel...

Khaitan's whirring blades to go quiet as fan maker handed over to liquidator

Manufacturing

27 August, 2019

Khaitan's whirring blades to go quiet as fan maker handed over to liquidator

The bankruptcy tribunal has ordered the liquidation of Khaitan Electricals Ltd, a household name for fans, air coolers and other...

Maruti Suzuki cuts 3,000 contract jobs

Economy

27 August, 2019

Maruti Suzuki cuts 3,000 contract jobs

Maruti Suzuki India Ltd Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary ......

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Rohatyn Group exits yarn manufacturing firm with massive haircut

Manufacturing

26 August, 2019

Rohatyn Group exits yarn manufacturing firm with massive haircut

Citi Venture Capital International (CVCI), a private equity fund now managed by investment firm The Rohatyn Group, has fully exited...

Job cuts gather pace in India as automakers halt production to tackle slowdown

Manufacturing

22 August, 2019

Job cuts gather pace in India as automakers halt production to tackle slowdown

With India's auto sales declining for the ninth straight month in July, more automotive manufacturers are laying off workers...

Thyssenkrupp files complaint over Brussels' veto against Tata JV

Manufacturing

22 August, 2019

Thyssenkrupp files complaint over Brussels' veto against Tata JV

Thyssenkrupp on Thursday said it is filing a complaint with Europe’s general court to dispute an antitrust decision to block...

CG Power detects financial irregularities, shares slump

Manufacturing

20 August, 2019

CG Power detects financial irregularities, shares slump

Avantha Group company CG Power and Industrial Solutions Ltd said on Tuesday it has detected unauthorised transactions and financial...

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