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Manufacturing

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Battle to acquire management control of Mangalore Chemicals heats up; Zuari Fertilisers-led group makes counter offer

Manufacturing

13 May, 2014

Battle to acquire management control of Mangalore Chemicals heats up; Zuari Fertilisers-led group makes counter offer

Saroj Poddar-controlled Zuari Fertilisers and Chemicals has joined hands with United Breweries (Holdings) Ltd and its associates Kingfisher Finvest India ......

Indsur Group acquires UK-based thermal engineering firm CDA Contracts

Manufacturing

13 May, 2014

Indsur Group acquires UK-based thermal engineering firm CDA Contracts

Mumbai-based S M Lodha-led diversified firm Indsur Group has acquired British thermal engineering company CDA Contracts Ltd for an undisclosed ......

Banco Products selling stake in Tanzania-based Lake Cement for $17.7M

Manufacturing

08 May, 2014

Banco Products selling stake in Tanzania-based Lake Cement for $17.7M

Baroda-based Banco Products India Limited, along with its subsidiaries, has decided to exit its Tanzania-based cement unit Lake Cement Limited ......

Kajaria Ceramics to buy 51% in Taurus Tiles; hiking stake in Jaxx Vitrified

Manufacturing

08 May, 2014

Kajaria Ceramics to buy 51% in Taurus Tiles; hiking stake in Jaxx Vitrified

New-Delhi-based ceramic tiles maker Kajaria Ceramics Ltd (KCL) is acquiring 51 per cent stake in Taurus Tiles Pvt Ltd by ......

Setco forms casting JV with Spain's Lingotes Especiales

Manufacturing

05 May, 2014

Setco forms casting JV with Spain's Lingotes Especiales

Mumbai-based Setco Automotive Ltd (Setco) and Spanish firm Lingotes Especiales S.A. (Lingotes) are investing Rs 155 crore ($26 million) to ......

GE makes twin open offer worth $389M for two Alstom arms in India

Manufacturing

05 May, 2014

GE makes twin open offer worth $389M for two Alstom arms in India

General Electric has made separate open offers to acquire additional stake in two public listed Indian arms of French power ......

Suzlon in $485M cashless bond restructuring

Manufacturing

06 May, 2014

Suzlon in $485M cashless bond restructuring

The board of Suzlon Ltd, one of the world’s largest wind turbine makers, has approved a cashless restructuring proposal for ......

Deepak Fertilisers ups open offer price for Mangalore Chemicals

Manufacturing

02 May, 2014

Deepak Fertilisers ups open offer price for Mangalore Chemicals

Deepak Fertilisers and Petrochemicals Corp. Ltd (DFP), along with its subsidiary SCM Soilfert Ltd, has marginally increased the unsolicited open ......

Godrej & Boyce buys Somany Foam's PU foam business

Manufacturing

02 May, 2014

Godrej & Boyce buys Somany Foam's PU foam business

Godrej & Boyce Manufacturing Company Ltd, a part of the diversified business conglomerate Godrej Group, has completed the acquisition of ......

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Construction material maker Leo Concrete eyes around $8M in funding, may sell majority stake

Manufacturing

01 May, 2014

Construction material maker Leo Concrete eyes around $8M in funding, may sell majority stake

Leo Concrete, a Bangalore-based manufacturer of ready mix concrete (RMC), is looking to raise Rs 50 crore ($8.3 million) through ......

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