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Catamaran Capital exits NRB Bearings with juicy IRR

Manufacturing

17 September, 2014

Catamaran Capital exits NRB Bearings with juicy IRR

Catamaran Capital, the private investment arm of Infosys co-founder NR Narayana Murthy, has exited just over one-year-old investment in NRB ......

Bosch buying JV partner in ZF Steering, makes open offer to buy 26% more for $17M

Manufacturing

16 September, 2014

Bosch buying JV partner in ZF Steering, makes open offer to buy 26% more for $17M

Robert Bosch GmbH has struck a deal to acquire the stake held by its equal equity joint venture partner in ......

Auto parts maker Autoline Industries selling American unit for $8.5M

Manufacturing

15 September, 2014

Auto parts maker Autoline Industries selling American unit for $8.5M

Autoline Industries Ltd, a Pune-based auto parts manufacturer, is selling its US-based wholly-owned subsidiary Autoline Industries Inc for $8.5 million, ......

Indian commodity bourses see turnover sink 59% in Apr-Aug'14

Manufacturing

22 September, 2014

Indian commodity bourses see turnover sink 59% in Apr-Aug'14

The turnover of the commodity bourses fell by about 59 per cent to 24.46 lakh crore during the April-August period ......

Former McKinsey India chairman Adil Zainulbhai to head Quality Council of India

Manufacturing

17 September, 2014

Former McKinsey India chairman Adil Zainulbhai to head Quality Council of India

Prime Minister Narendra Modi has appointed former McKinsey India Chairman Adil Zainulbhai as the Chairman of Quality Council of India ......

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Temasek exits Ashok Leyland with high IRR

Manufacturing

12 September, 2014

Temasek exits Ashok Leyland with high IRR

Temasek, one of the two sovereign wealth funds of Singapore, has made a quick churn of its investment from Ashok ......

Industrial growth skids to 0.5% in July; consumer inflation eases in August

Manufacturing

12 September, 2014

Industrial growth skids to 0.5% in July; consumer inflation eases in August

Industrial activity remains in the positive zone but barely so with the index of industrial production (IIP) rising a mere ......

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KKR-backed Archean Group divests majority stake in fertiliser business in Senegal

Manufacturing

11 September, 2014

KKR-backed Archean Group divests majority stake in fertiliser business in Senegal

Chennai-based privately held industrial conglomerate Archean Group, which was recently backed with mezzanine funding from KKR, has divested its entire ......

I-banker Manisha Girotra joins Ashok Leyland's board as independent director

Manufacturing

10 September, 2014

I-banker Manisha Girotra joins Ashok Leyland's board as independent director

Ashok Leyland Ltd, the second-largest commercial vehicle maker in India, has appointed Manisha Girotra as its independent director on the ......

PE-backed Sharda Cropchem IPO oversubscribed 59x

Manufacturing

10 September, 2014

PE-backed Sharda Cropchem IPO oversubscribed 59x

Mumbai-based agrochemical firm Sharda Cropchem Ltd's initial public offer (IPO), which had sailed through on day 2 itself, saw bumper ......

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