Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
Auto-parts maker RSB prepares exit plan for private equity investors
Pune-based auto components maker RSB Transmissions India Ltd plans to raise funds to let its private equity backers exit and ......
Manufacturing
StanChart PE-backed Innoventive Industries challenges liquidation process
Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National ......
Manufacturing
Tesla recalling 11,000 Model X SUVs due to faulty rear seats
Electric carmaker Tesla Inc is recalling 11,000 Model X sport utility vehicles worldwide due to a faulty locking mechanism in ......
Manufacturing
L&T to sell welding products unit to UK's ESAB for $80 mn
Larsen and Toubro Ltd (L&T), India’s biggest engineering company, has agreed to sell unit EWAC Alloys Ltd to the UK-based ......
Manufacturing
Tata Steel's deal to acquire iron ore assets of erstwhile Stemcor collapses
Tata Steel Ltd said on Wednesday it has scrapped a deal to buy Brahmani River Pellets Ltd, a supplier of ......
Manufacturing
Auto-components maker Precision Camshafts acquires MEMCO Engineering
Auto-components maker Precision Camshafts Ltd has acquired Nashik-based MEMCO Engineering Pvt. Ltd for an undisclosed amount.Precision Camshafts picked up 95% ......
Manufacturing
Indian Oil says willing to acquire GAIL or Oil India
Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, ......
Manufacturing
Jindal Steel sells oxygen plants to Srei Equipment for $171 mn
Debt-laden Jindal Steel & Power Ltd (JSPL) has sold oxygen plant assets at two of its steel mills to Kolkata-based ......
Manufacturing
Reliance Industries to sell stake in Marcellus shale asset JV for $126 mn
Billionaire Mukesh Ambani-led Reliance Industries Ltd has agreed to sell its entire 60% stake in a US shale energy joint ......
Manufacturing
Temasek backed-Godrej Agrovet IPO subscribed 2.3 times on second day
The initial public offering of Godrej Agrovet Ltd was subscribed 2.32 times on the second day of the issue on ......
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