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Manufacturing

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

LafargeHolcim may not dispose cement assets in India as part of global merger

Manufacturing

07 July, 2014

LafargeHolcim may not dispose cement assets in India as part of global merger

New entity LafargeHolcim, which after the completion of its merger process may dethrone Aditya Birla Group's Ultratech as India's largest ......

Tata Motors shareholders vote down higher pay packets for top execs

Manufacturing

04 July, 2014

Tata Motors shareholders vote down higher pay packets for top execs

Shareholders of Tata Motors have rejected proposals to pay higher salaries to three of the auto major's top executives including ......

Apollo Tyres eyes up to $200M through share sale, NCDs

Manufacturing

02 July, 2014

Apollo Tyres eyes up to $200M through share sale, NCDs

Apollo Tyres Ltd is looking to raise up to Rs 1,200 crore ($200 million) through a mix of equity issues ......

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Essel Propack plans to induct strategic investor in flexible packaging arm

Manufacturing

01 July, 2014

Essel Propack plans to induct strategic investor in flexible packaging arm

Mumbai-based Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, is looking to rope in a strategic ......

Swedish lock-maker Assa Abloy to buy ENOX to expand India business

Manufacturing

01 July, 2014

Swedish lock-maker Assa Abloy to buy ENOX to expand India business

Swedish multinational Assa Abloy has signed an agreement to acquire the locks and hardware business from Mumbai-based Pooja Hardware Pvt ......

Bilt may raise funding from IFC for overseas arm, revive international listing plan

Manufacturing

27 June, 2014

Bilt may raise funding from IFC for overseas arm, revive international listing plan

India’s largest paper company Ballarpur Industries Ltd (Bilt) is looking to raise funding from IFC, a lending arm of World ......

Ashok Leyland opens QIP to raise around $105M

Manufacturing

27 June, 2014

Ashok Leyland opens QIP to raise around $105M

Ashok Leyland, the second-largest commercial vehicle maker in India, has opened its qualified institutional placement (QIP) issue late Thursday, according ......

L&T acquires 74% stake in French defence & aerospace major Thales' Indian arm

Manufacturing

30 June, 2014

L&T acquires 74% stake in French defence & aerospace major Thales' Indian arm

L&T Technology Services, a wholly-owned subsidiary of $14.3 billion Larsen & Toubro (L&T), has acquired 74 per cent stake in ......

Tembusu Partners invests $7.5M in Sainik-Aryan Group's Indonesian coal mines

Manufacturing

03 July, 2014

Tembusu Partners invests $7.5M in Sainik-Aryan Group's Indonesian coal mines

Singapore private equity investor, Tembusu Partners has made a USD 7.5 million investment in Param Mitra Coal Resources, backed by ......

Ashok Leyland raises over $111M through QIP

Manufacturing

02 July, 2014

Ashok Leyland raises over $111M through QIP

Hinduja Group flagship company Ashok Leyland has raised over Rs 666 crore through allotment of shares at a price of ......

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