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Motilal Oswal PE to spin multi-bagger returns from contract electronics firm Dixon

Manufacturing

29 August, 2017

Motilal Oswal PE to spin multi-bagger returns from contract electronics firm Dixon

Homegrown private equity firm Motilal Oswal Private Equity Investment Advisors Pvt. Ltd is set to secure multi-bagger returns by selling ......

KKR-backed JBF in talks to sell Belgian unit for $250 mn to pare debt

Manufacturing

28 August, 2017

KKR-backed JBF in talks to sell Belgian unit for $250 mn to pare debt

JBF RAK, a United Arab Emirates subsidiary of Indian polyester maker JBF Industries, is in talks to sell its plant ......

Indian firms may join the race for BHP's $2 bn Canadian potash mine

Manufacturing

28 August, 2017

Indian firms may join the race for BHP's $2 bn Canadian potash mine

Anglo-Australian mining giant BHP Billiton Ltd is considering selling a 25 percent interest in its Canadian potash mine project, a ......

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Kotak's PIPE fund bets on diversified manufacturing firm

Manufacturing

22 August, 2017

Kotak's PIPE fund bets on diversified manufacturing firm

Kotak Private Equity, the alternative asset investment arm of India’s fourth-largest private lender Kotak Mahindra Bank, has picked up a ......

Rosneft completes $12.9 bn Essar Oil deal

Manufacturing

21 August, 2017

Rosneft completes $12.9 bn Essar Oil deal

India's Essar Group on Monday announced closure of $12.9 billion deal to sell its refining arm Essar Oil to a ......

Tatas snap biz ties with Cyrus Mistry's SP group. Another jolt for troubled Mistry?

Manufacturing

17 August, 2017

Tatas snap biz ties with Cyrus Mistry's SP group. Another jolt for troubled Mistry?

Tata Sons chairman N Chandrasekaran has reportedly asked all group companies to terminate existing business alliances with Cyrus and Shapoor ......

L&T to sell arm to Berkshire Hathaway-owned IMC International

Manufacturing

17 August, 2017

L&T to sell arm to Berkshire Hathaway-owned IMC International

Infrastructure and engineering major Larsen & Toubro will sell its entire stake in unlisted wholly-owned subsidiary L&T Cutting Tools Ltd ......

Uniply makes open offer for UV Boards after selling plywood biz

Manufacturing

14 August, 2017

Uniply makes open offer for UV Boards after selling plywood biz

Uniply Industries Ltd has decided to sell its plywood division to UV Boards Ltd in a cash-and-stock deal that could ......

Mahindra & Mahindra to exit China tractor joint venture

Manufacturing

14 August, 2017

Mahindra & Mahindra to exit China tractor joint venture

Mahindra & Mahindra Ltd has agreed to sell its 51% stake in a Chinese tractor joint venture to its partners ......

JSW Energy to invest up to $623 mn in electric cars

Manufacturing

11 August, 2017

JSW Energy to invest up to $623 mn in electric cars

JSW Energy will invest up to 40 billion rupees ($623 million) to build electric cars, batteries and charging infrastructure, part...

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