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Manufacturing

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

Govt shortlists seven bankers for Oil India stake sale

Manufacturing

21 June, 2016

Govt shortlists seven bankers for Oil India stake sale

The government has shortlisted seven merchant bankers to assist in the disinvestment process of state-owned Oil India Ltd (OIL).The merchant ......

Centum Electronics picks 51% stake in French firm Adetel

Manufacturing

17 June, 2016

Centum Electronics picks 51% stake in French firm Adetel

Bangalore-based electronics company Centum Electronics Ltd has acquired a 51% equity stake in French firm Adetel Group, it said in ......

Japan's Meidensha Corp takes full control of Prime Meiden

Manufacturing

17 June, 2016

Japan's Meidensha Corp takes full control of Prime Meiden

Japanese capital goods maker Meidensha Corporation has increased its shareholding in Indian power equipment maker Prime Meiden Ltd to 100% ......

Vijay Mallya resigns as chairman of Bayer CropScience

Manufacturing

21 June, 2016

Vijay Mallya resigns as chairman of Bayer CropScience

Embattled businessman Vijay Mallya is quitting as the Chairman of Bayer CropScience Ltd after over 12 years of holding the ......

Havells to hike stake in lighting products maker Promptec to 70%

Manufacturing

14 June, 2016

Havells to hike stake in lighting products maker Promptec to 70%

Electrical products maker Havells India Ltd has decided to raise its stake in Bangalore-based Promptec Renewable Energy Solutions Pvt Ltd ......

Sleepwell parent looks to raise $75 mn via IPO, hires bankers

Manufacturing

13 June, 2016

Sleepwell parent looks to raise $75 mn via IPO, hires bankers

Sheela Foam Pvt Ltd, which sells mattresses under the Sleepwell brand, is looking to raise approximately Rs 500 crore ($75 ......

Blackstone sells 10% stake in Gokaldas Exports at huge loss

Manufacturing

10 June, 2016

Blackstone sells 10% stake in Gokaldas Exports at huge loss

Private equity giant Blackstone has sold just under 10% stake in garment exporter Gokaldas Exports Ltd or one-sixth of its ......

Rathi Steel to hive off plants in Ghaziabad, Odisha; CEO resigns

Manufacturing

10 June, 2016

Rathi Steel to hive off plants in Ghaziabad, Odisha; CEO resigns

Delhi-based Rathi Steel and Power has decided to hive off its plants in Ghaziabad and Odisha. Also, its CEO Udit ......

Polyester film maker Polyplex raises stake in Thai arm

Manufacturing

10 June, 2016

Polyester film maker Polyplex raises stake in Thai arm

Noida-based thin polyester film maker Polyplex Corp has increased its stake in Thailand-based subsidiary Polyplex (Thailand) Public Company Ltd, as ......

Packaging firm Freshee raises funds from Edelweiss Private Equity

Manufacturing

11 June, 2016

Packaging firm Freshee raises funds from Edelweiss Private Equity

Freshee, a Mumbai-based manufacturer of household packaging and storage products, has raised an undisclosed amount in growth capital from Edelweiss ......

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