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Manufacturing

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

Borosil Glass Works acquires 60.3% stake in Klasspack

Manufacturing

01 August, 2016

Borosil Glass Works acquires 60.3% stake in Klasspack

Gujarat-based glassware company Borosil Glass Works has acquired a 60.3% stake in Nashik-based Klasspack for an undisclosed amount to enter ......

ONGC Videsh looks to acquire stake in Rosneft's Tagul field

Manufacturing

01 August, 2016

ONGC Videsh looks to acquire stake in Rosneft's Tagul field

As part of India’s energy security strategy to leverage depressed crude oil prices to secure overseas assets, state-run ONGC Videsh ......

Finland's Huhtamaki buys 51% stake in packaging firm Valpack

Manufacturing

29 July, 2016

Finland's Huhtamaki buys 51% stake in packaging firm Valpack

Finnish packaging company Huhtamaki Oyj has acquired a 51% stake in Valpack Solutions Pvt. Ltd, a privately held paper cup ......

TCG acquires controlling stake in Indian unit of Mitsubishi Chemical

Manufacturing

28 July, 2016

TCG acquires controlling stake in Indian unit of Mitsubishi Chemical

NRI entrepreneur Purnendu Chatterjee-led private equity firm The Chatterjee Group (TCG) has picked up a majority stake in Mitsubishi Chemical ......

Hero Group's electronics arm acquires Indian unit of TES DST

Manufacturing

28 July, 2016

Hero Group's electronics arm acquires Indian unit of TES DST

Hero Electronix Pvt. Ltd, the electronics and technology arm of the Hero Group, has acquired the Indian operations of TES ......

Vedanta sweetens merger plan for Cairn shareholders

Manufacturing

22 July, 2016

Vedanta sweetens merger plan for Cairn shareholders

A year after London-listed mines and energy company Vedanta Resources Plc moved to merge cash rich oil unit Cairn India ......

Lenders to take over Diamond Power, look for investor

Manufacturing

22 July, 2016

Lenders to take over Diamond Power, look for investor

Diamond Power Infrastructure Ltd said on Friday its board has approved a debt recast plan that will give its creditors ......

ONGC Videsh raises $1 bn to finance Russian oil field deal

Manufacturing

22 July, 2016

ONGC Videsh raises $1 bn to finance Russian oil field deal

State-run ONGC Videsh Ltd (OVL) raised $1 billion from the international market to refinance its acquisition of a 15% equity ......

Local govt to invest $133 mn in Tata Steel's Canadian iron ore project

Manufacturing

27 July, 2016

Local govt to invest $133 mn in Tata Steel's Canadian iron ore project

Tata Steel today said the Quebec government will invest Canadian $175 million (about USD 133 million) in its joint venture ......

L&T Technology Services files for IPO

Manufacturing

18 July, 2016

L&T Technology Services files for IPO

Larsen & Toubro Ltd said on Friday its engineering research and development unit has filed a draft red herring prospectus ......

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