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Asian family office to invest in Sequoia-backed glass container maker

Manufacturing

23 January, 2019

Asian family office to invest in Sequoia-backed glass container maker

Singapore-based family office Lotus is looking to invest close to Rs 400 crore ($56 million) in a Kolkata-based glass container...

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Avantha sells speciality chemicals unit Solaris ChemTech

Manufacturing

16 January, 2019

Avantha sells speciality chemicals unit Solaris ChemTech

Gautam Thapar-led Avantha Group has sold speciality chemicals unit Solaris ChemTech Industries Ltd, as it continues its asset...

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

Finance

16 January, 2019

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......

Industrial output growth slumps to 0.5% in November

Manufacturing

11 January, 2019

Industrial output growth slumps to 0.5% in November

India’s industrial output in November grew 0.5 percent from a year earlier, the slowest since June 2017, government data...

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How did Nalanda Capital fare in partial exit from plastic products firm?

Manufacturing

10 January, 2019

How did Nalanda Capital fare in partial exit from plastic products firm?

Nalanda Capital, an India-focussed private equity-style investor in public equities, has sold a small chunk of shares in a Mumbai-listed...

IndiaNivesh turnaround fund to back Sebacic India, Autoline Industries

Manufacturing

09 January, 2019

IndiaNivesh turnaround fund to back Sebacic India, Autoline Industries

Homegrown private investment firm IndiaNivesh has made the first commitments from its maiden turnaround fund to chemicals firm...

Endurance Technologies buys Italian company for $9.3 mn

Manufacturing

08 January, 2019

Endurance Technologies buys Italian company for $9.3 mn

Auto components maker Endurance Technologies Ltd has acquired Italy-based aluminium die casting company Fonpresmetal Gap SpA for...

India's manufacturing growth slows in Dec but quarterly numbers highest in 6 yrs

Economy

02 January, 2019

India's manufacturing growth slows in Dec but quarterly numbers highest in 6 yrs

Indian manufacturing activity expanded at a slower pace in December as growth in new orders and output waned, despite factories...

Prince Pipes' revised IPO plan gets regulatory nod

Manufacturing

02 January, 2019

Prince Pipes' revised IPO plan gets regulatory nod

Prince Pipes and Fittings Ltd, a maker of PVC pipes for plumbing, irrigation and sewage works, has received regulatory approval...

Plan to list six state-owned firms gets cabinet nod

Manufacturing

28 December, 2018

Plan to list six state-owned firms gets cabinet nod

India's cabinet has approved a plan to list six government-owned companies and dilute stake in Kudremukh Iron Ore Company...

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