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Manufacturing

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

Ambuja Cement, ACC shelve merger plan; shares slip

Manufacturing

27 February, 2018

Ambuja Cement, ACC shelve merger plan; shares slip

Ambuja Cement Ltd slid as much as 4.8 percent and ACC Ltd fell as much as 2.2 percent after the ......

IFC plans $40 mn debt investment in Jain Irrigation

Manufacturing

23 February, 2018

IFC plans $40 mn debt investment in Jain Irrigation

International Finance Corporation will invest $40 million (Rs 260 crore) in Jain Irrigation Systems Ltd to partially finance the agribusiness ......

State-run firms Bharat Dynamics, IREDA get SEBI nod to float IPOs

Manufacturing

22 February, 2018

State-run firms Bharat Dynamics, IREDA get SEBI nod to float IPOs

State-run defense equipment maker Bharat Dynamics Ltd and Indian Renewable Energy Development Agency Ltd, which finances green energy projects, have ......

UK billionaire Sanjeev Gupta's GFG Alliance pursuing auto, steel assets in India

Manufacturing

21 February, 2018

UK billionaire Sanjeev Gupta's GFG Alliance pursuing auto, steel assets in India

British billionaire Sanjeev Gupta said his GFG Alliance has no plans to slow its rapid pace of acquisitions over the ......

ArcelorMittal, VTB-led Numetal bid for Essar Steel

Manufacturing

13 February, 2018

ArcelorMittal, VTB-led Numetal bid for Essar Steel

ArcelorMittal SA and a group led by Russia’s VTB have made separate bids for India’s Essar Steel, which is undergoing ......

Industrial output grew 7.1% in December; retail inflation cools

Manufacturing

12 February, 2018

Industrial output grew 7.1% in December; retail inflation cools

India's annual industrial output grew 7.1 percent in December, data released on Monday showed, compared with 6.2 percent forecast in ......

ONGC-led group gets stake in ADNOC offshore oil concession

Manufacturing

12 February, 2018

ONGC-led group gets stake in ADNOC offshore oil concession

A consortium led by India’s Oil and Natural Gas Corp has become the first group to win a stake in ......

Mahindra & Mahindra pares stake in JV with Japan's Sanyo

Manufacturing

09 February, 2018

Mahindra & Mahindra pares stake in JV with Japan's Sanyo

Mahindra & Mahindra Ltd has agreed to sell part of its stake in a joint venture with Sanyo Special Steel ......

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Strategic buyers, PEs in fray to buy building material firm Alstrong

Manufacturing

08 February, 2018

Strategic buyers, PEs in fray to buy building material firm Alstrong

Aluminium composite panel manufacturer Alstrong Enterprises India Pvt. Ltd is looking to provide an exit route to its current shareholders, ......

Galaxy Surfactants extends gains to close 15% higher on trading debut

Manufacturing

08 February, 2018

Galaxy Surfactants extends gains to close 15% higher on trading debut

Speciality chemicals maker Galaxy Surfactants Ltd made a strong trading debut on Thursday, with its shares extending gains after listing ......

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