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Manufacturing

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

Indian Oil to sell 24% stake in JV to US partner Lubrizol

Manufacturing

16 March, 2017

Indian Oil to sell 24% stake in JV to US partner Lubrizol

India's cabinet gave the go-ahead on Wednesday for state-run Indian Oil Corp to sell a 24 percent stake in a ......

Vedanta's Agarwal to buy $2.5 bn stake in Anglo American

Manufacturing

16 March, 2017

Vedanta's Agarwal to buy $2.5 bn stake in Anglo American

Anil Agarwal, Founder and Chairman of Vedanta Resources Plc.Indian billionaire Anil Agarwal said he was buying a 2 billion ......

Fairwinds PE-backed Shankara eyes $160 mn valuation in IPO

Manufacturing

15 March, 2017

Fairwinds PE-backed Shankara eyes $160 mn valuation in IPO

Fairwinds Private Equity-backed Shankara Building Products Ltd is seeking a valuation of Rs 1,050 crore ($160 million) in its initial ......

JSW Cement buys ACC's stake in Shiva Cement

Manufacturing

10 March, 2017

JSW Cement buys ACC's stake in Shiva Cement

JSW Cement Ltd, part of the billionaire Sajjan Jindal-led JSW Group, has bought cement maker ACC Ltd’s entire stake in ......

Dulux paint maker Akzo Nobel rejects $22 bn bid from US rival

Manufacturing

09 March, 2017

Dulux paint maker Akzo Nobel rejects $22 bn bid from US rival

Dutch paints and coatings maker Akzo Nobel NV rejected a 21 billion euro ($22 billion) bid from larger U.S. rival ......

Govt mops up $246 mn from Bharat Electronics stake sale

Manufacturing

25 February, 2017

Govt mops up $246 mn from Bharat Electronics stake sale

The government has raised Rs 1,650 crore ($246 million) by selling a 5% stake in Bharat Electronics Ltd (BEL), inching ......

Monnet Ispat stake sale likely by March-end, says chairman

Manufacturing

23 February, 2017

Monnet Ispat stake sale likely by March-end, says chairman

The process of selling a majority stake in Monnet Ispat and Energy Ltd (MIEL) is likely to be over by ......

Govt eyes $246 mn from stake sale in Bharat Electronics

Manufacturing

21 February, 2017

Govt eyes $246 mn from stake sale in Bharat Electronics

The government will sell a 5% stake in state-run aerospace and defence company Bharat Electronics Ltd to raise about Rs ......

McNally Bharat to buy 60% stake in Neemrana realty project, sell 30% stake to Pasari family

Manufacturing

20 February, 2017

McNally Bharat to buy 60% stake in Neemrana realty project, sell 30% stake to Pasari family

Construction and engineering firm McNally Bharat Engineering Co Ltd will acquire a majority stake in Vedica Sanjeevani Projects Pvt. Ltd ......

Rosneft-led group plans to complete Essar deal next month

Manufacturing

21 February, 2017

Rosneft-led group plans to complete Essar deal next month

A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India's Essar Oil ......

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