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Blue River Capital sells bulk of its stake in Rane Holdings for around 2x

Manufacturing

25 August, 2014

Blue River Capital sells bulk of its stake in Rane Holdings for around 2x

Private equity firm Blue River Capital has exited from its seven-year-old investment in Rane Holdings, the public listed holding company ......

Shree Cement to acquire Jaiprakash Associates' Panipat cement unit for $60M

Manufacturing

25 August, 2014

Shree Cement to acquire Jaiprakash Associates' Panipat cement unit for $60M

Shree Cement Ltd has signed a deal to acquire a cement grinding unit of Jaiprakash Associates Ltd located at Panipat ......

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Homegrown adhesive player Resinova Chemie in talks to sell controlling stake

Manufacturing

21 August, 2014

Homegrown adhesive player Resinova Chemie in talks to sell controlling stake

Kanpur-based speciality chemicals manufacturer Resinova Chemie Limited is looking to sell controlling stake in the company, at least two sources ......

Jindal SAW's US unit to acquire American steel pipe making firm

Manufacturing

21 August, 2014

Jindal SAW's US unit to acquire American steel pipe making firm

Jindal SAW Ltd, through its step-down subsidiary Jindal Tubular USA LLC, is acquiring PSL North America LLC, a US-based steel ......

JVs don't mean walking hand in hand into sunset: Anand Mahindra

Manufacturing

27 August, 2014

JVs don't mean walking hand in hand into sunset: Anand Mahindra

With a list of courtships with some of the glamorous global automotive brands -- Ford, Renault and Navistar behind, Mahindra ......

Deepak Fertilizers gets Competition Commission of India nod to buy additional stake in MCFL

Manufacturing

21 August, 2014

Deepak Fertilizers gets Competition Commission of India nod to buy additional stake in MCFL

Competition Commission has approved Deepak Fertilizers' proposed additional stake buy in Vijay Mallya group firm Mangalore Chemicals and Fertilizers.The approval ......

JSW Steel agrees to buy Welspun Maxsteel for over $163M

Manufacturing

20 August, 2014

JSW Steel agrees to buy Welspun Maxsteel for over $163M

India's third-largest steelmaker JSW Steel Limited has decided to acquire Welspun Energy Ltd’s entire stake in sponge iron firm Welspun ......

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WestBridge exits Vinati Organics with 2.8x

Manufacturing

14 August, 2014

WestBridge exits Vinati Organics with 2.8x

Private equity investor WestBridge Capital has scored its third part/full exit from a portfolio firm since January this year by selling ......

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Gammon India looks to sell conductor manufacturing unit to pare debt

Manufacturing

14 August, 2014

Gammon India looks to sell conductor manufacturing unit to pare debt

Mumbai-headquartered engineering and construction company Gammon India is looking to sell its conductor manufacturing unit at Silvassa, as part of ......

Industrial growth slows to 3.4% in June, consumer inflation rises again in July

Manufacturing

12 August, 2014

Industrial growth slows to 3.4% in June, consumer inflation rises again in July

Industrial activity remains in the positive zone but is yet to show momentum for a strong bounce back with the ......

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