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Manufacturing

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

Niti Aayog suggests breaking up Coal India into seven firms

Manufacturing

28 June, 2017

Niti Aayog suggests breaking up Coal India into seven firms

India should split the seven units of state-controlled Coal India Ltd into independent companies to make it more competitive, the ......

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PE-backed white goods maker Amber Enterprises picks bankers for IPO

Manufacturing

27 June, 2017

PE-backed white goods maker Amber Enterprises picks bankers for IPO

Amber Enterprises (India) Pvt. Ltd, an original equipment manufacturer of white goods catering to global players like Whirlpool and Daikin, ......

Tata Steel sells stake in Tata Motors to Tata Sons for $586 mn

Manufacturing

23 June, 2017

Tata Steel sells stake in Tata Motors to Tata Sons for $586 mn

Tata Steel Ltd said on Friday it sold its stake in Tata Motors Ltd to Tata Sons, the holding company ......

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Govt hires merchant bankers for IPOs of four defence, rail firms

Manufacturing

23 June, 2017

Govt hires merchant bankers for IPOs of four defence, rail firms

The Indian government has appointed merchant bankers for initial share sales in four state-run defence and railway companies as it ......

Russia's Rosneft completes Essar Oil takeover deal

Manufacturing

22 June, 2017

Russia's Rosneft completes Essar Oil takeover deal

The takeover of India's Essar Oil by Russia's largest oil producer Rosneft can be now considered as closed, Rosneft CEO ......

Kirloskar Oil Engines to acquire Gujarat-based pump maker

Manufacturing

21 June, 2017

Kirloskar Oil Engines to acquire Gujarat-based pump maker

Kirloskar Oil Engines Ltd, which manufactures diesel engines and generator sets, has agreed to acquire Gujarat-based submersible pumpsets manufacturer La-Gajjar ......

Govt raises $643 mn via stake sale in Larsen & Toubro

Manufacturing

21 June, 2017

Govt raises $643 mn via stake sale in Larsen & Toubro

The government on Wednesday raised about Rs 4,158 crore ($643 million) by selling an about 2.6% stake in engineering giant ......

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

Manufacturing

20 June, 2017

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

The National Company Law Tribunal has dismissed a money recovery suit filed by Australian lender Macquarie Bank Ltd against a ......

Tata Sons to buy out Tata Steel's stake in Tata Motors

Manufacturing

17 June, 2017

Tata Sons to buy out Tata Steel's stake in Tata Motors

Tata Sons Ltd, the holding company of India's salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd's stake in ......

Saudi Aramco seeks exclusive talks to buy stake in Indian refinery

Manufacturing

15 June, 2017

Saudi Aramco seeks exclusive talks to buy stake in Indian refinery

Oil giant Saudi Aramco wants to enter into exclusive talks with India to buy a stake in the planned 1.2 ......

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