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

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Emami plans cement unit's IPO, shortlists banks

Manufacturing

28 May, 2018

Emami plans cement unit's IPO, shortlists banks

Kolkata-based Emami Group, which owns one of India’s top fast-moving consumer goods companies under the same name, is looking to ......

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How dealmaking in stressed assets is reshaping India's steel industry

Manufacturing

23 May, 2018

How dealmaking in stressed assets is reshaping India's steel industry

The steel industry in India, the world's third-biggest producer of the alloy, is undergoing a churn as large local and ......

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Industrial chemicals firm Calchem set for management buy-in

Manufacturing

22 May, 2018

Industrial chemicals firm Calchem set for management buy-in

Industrial chemicals manufacturer Calchem Industries India Ltd is in the process of a management buy-in, two people familiar with the ......

UltraTech to acquire cement business of Century Textiles

Manufacturing

21 May, 2018

UltraTech to acquire cement business of Century Textiles

Aditya Birla Group company UltraTech Cement Ltd has agreed to buy the cement business of Century Textiles & Industries Ltd ......

Japan's Sumitomo buys 49% in JV with steel maker Mukand

Manufacturing

18 May, 2018

Japan's Sumitomo buys 49% in JV with steel maker Mukand

Japan’s diversified conglomerate Sumitomo Corporation has agreed to buy a 49% stake in its Indian joint venture Mukand Sumi Special ......

JSW Steel to acquire Italian steelmaker Aferpi

Manufacturing

18 May, 2018

JSW Steel to acquire Italian steelmaker Aferpi

Billionaire Sajjan Jindal-led JSW Steel Ltd has agreed to acquire three Italian companies including steelmaker Aferpi SpA for €55 million ......

Precision Camshafts to buy 51% stake in Dutch auto-parts maker Emoss

Manufacturing

18 May, 2018

Precision Camshafts to buy 51% stake in Dutch auto-parts maker Emoss

Solapur-based auto component manufacturer Precision Camshafts Ltd has agreed to acquire a 51% stake in Dutch electric driveline maker Emoss ......

Stressed assets: Tata Steel buys Bhushan Steel; Jaypee, Tecpro face fraud charges

Manufacturing

18 May, 2018

Stressed assets: Tata Steel buys Bhushan Steel; Jaypee, Tecpro face fraud charges

The National Company Law Tribunal’s various branches are monitoring several hundred cases of stressed assets. In the second of a ......

Shrimp exporter Devi Seafoods, chemical maker Fine Organics get IPO nod

Manufacturing

14 May, 2018

Shrimp exporter Devi Seafoods, chemical maker Fine Organics get IPO nod

Visakhapatnam-headquartered shrimp exporter Devi Seafoods Ltd and Mumbai-based chemical maker Fine Organics Ltd have got regulatory approvals to float initial ......

Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House

Manufacturing

11 May, 2018

Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House

A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......

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