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CX Partners completes debut exit; pulls out of Monnet Ispat with loss

Manufacturing

13 July, 2015

CX Partners completes debut exit; pulls out of Monnet Ispat with loss

India-focused private equity firm CX Partners has made its maiden full exit from its portfolio by selling its entire stake ......

Essel Propack to sell stake in packaging arm Packaging India to Amcor for $26M

Manufacturing

13 July, 2015

Essel Propack to sell stake in packaging arm Packaging India to Amcor for $26M

Mumbai-based Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, has received its board approval to divest ......

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WestBridge bets a ride on tyre maker CEAT

Manufacturing

09 July, 2015

WestBridge bets a ride on tyre maker CEAT

Public markets focused private equity firm WestBridge Capital Partners has added tyre maker CEAT Ltd, the flagship company of Harsh ......

Russia's Rosneft to buy 49% stake in Essar Oil

Manufacturing

09 July, 2015

Russia's Rosneft to buy 49% stake in Essar Oil

Essar Group has struck a deal to sell 49 per cent stake in its public-listed oil & gas company Essar ......

Aircraft MRO services firm Air Works acquires minority stake in Acumen Aviation Europe

Manufacturing

08 July, 2015

Aircraft MRO services firm Air Works acquires minority stake in Acumen Aviation Europe

Mumbai-based independent aviation maintenance, repair & overhaul (MRO) services provider Air Works India Engineering Pvt Ltd, has acquired a minority ......

M&M to seek shareholders nod to raise up to $780M

Manufacturing

13 July, 2015

M&M to seek shareholders nod to raise up to $780M

Auto major Mahindra & Mahindra will seek shareholders' approval to raise up to Rs 5,000 crore through issuance of securities ......

Paper manufacturer Bilt to sell loss-making Malaysian arm Sabah Forest

Manufacturing

06 July, 2015

Paper manufacturer Bilt to sell loss-making Malaysian arm Sabah Forest

India’s largest paper company Ballarpur Industries Ltd (Bilt) is planning to divest its entire 98.08 per cent stake in the ......

Polymer products maker Time Technoplast sells stake in Chinese JV, buys out partner in Egypt

Manufacturing

02 July, 2015

Polymer products maker Time Technoplast sells stake in Chinese JV, buys out partner in Egypt

Mumbai-based polymer products manufacturer Time Technoplast Ltd divested its 50 per cent holding in a JV with a Chinese partner ......

EMC to hike stake in McNally Bharat Engineering for around $15.7M, makes open offer

Manufacturing

02 July, 2015

EMC to hike stake in McNally Bharat Engineering for around $15.7M, makes open offer

Kolkata-based transmission tower maker EMC Ltd has inked a deal to acquire 19.77 per cent additional stake in construction and ......

BASF divests Indian textile chemical business to Archroma for $10M

Manufacturing

03 July, 2015

BASF divests Indian textile chemical business to Archroma for $10M

Global chemical manufacturing company BASF's Indian arm has received its board's approval to divest the textile chemicals business to Swiss ......

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