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Manufacturing

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

Dalmia-OCL acquires Germany's GSB Group for $17 mn

Manufacturing

06 February, 2019

Dalmia-OCL acquires Germany's GSB Group for $17 mn

In its first international acquisition, refractory or heat-resistant material business Dalmia-OCL has bought Germany-based GSB...

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

Manufacturing

05 February, 2019

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

An Indian appeals tribunal has ruled against Tata Steel Ltd’s effort to dismiss rival bids for Bhushan Power and Steel,...

PineBridge-backed Uniparts gets SEBI nod to float IPO

Manufacturing

04 February, 2019

PineBridge-backed Uniparts gets SEBI nod to float IPO

Uniparts India Ltd, a manufacturer of engineering components which counts PineBridge Capital Partners LLC as its private equity...

Vedanta says Anglo American stake buy meets governance norms

Manufacturing

04 February, 2019

Vedanta says Anglo American stake buy meets governance norms

Indian miner Vedanta Ltd said on Monday that its foreign unit Cairn India Holdings Ltd's investment in Anglo American Plc...

India factory output picks up pace in January on strong demand

Manufacturing

01 February, 2019

India factory output picks up pace in January on strong demand

Indian manufacturing activity unexpectedly accelerated in January, helped by a strong increase in domestic demand and production,...

Minda to acquire telematics hardware biz from KPIT Engineering

Manufacturing

30 January, 2019

Minda to acquire telematics hardware biz from KPIT Engineering

Minda Industries Ltd has agreed to acquire the business related to telematics hardware products from KPIT Engineering Ltd and...

NCLT rejects Ruias' loan settlement offer for Essar Steel

Manufacturing

29 January, 2019

NCLT rejects Ruias' loan settlement offer for Essar Steel

The National Company Law Tribunal (NCLT) has rejected a loan settlement offer by Essar Steel's promoters, in a big blow ......

Sequoia-backed Stove Kraft, IFC-backed Polycab get SEBI nod for IPOs

Manufacturing

28 January, 2019

Sequoia-backed Stove Kraft, IFC-backed Polycab get SEBI nod for IPOs

Sequoia Capital-backed Stove Kraft Ltd and International Finance Corporation-backed Polycab India Ltd have received regulatory...

Tata Steel to sell majority stake in Southeast Asia biz to China's HBIS

Manufacturing

28 January, 2019

Tata Steel to sell majority stake in Southeast Asia biz to China's HBIS

Tata Steel Ltd said on Monday it has decided to sell a majority stake in its Southeast Asian businesses to ......

Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest

Manufacturing

25 January, 2019

Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest

Lenders to bankrupt steelmaker Adhunik Metaliks have requested an additional 12 weeks from the National Company Law Tribunal (NCLT)...

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