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German group buys Micro Precision Products for around $42M

Manufacturing

10 June, 2014

German group buys Micro Precision Products for around $42M

A German industrial group has signed an agreement to acquire Faridabad-based engineering firm Micro Precision Products Pvt Ltd for Rs ......

Govt likely to sell Hindustan Zinc stake via OFS; may fetch $3.3B

Manufacturing

16 June, 2014

Govt likely to sell Hindustan Zinc stake via OFS; may fetch $3.3B

The government is likely to sell its residual stake in Hindustan Zinc for an estimated Rs 20,000 crore through an ......

Govt may sell 10% stake in Rashtriya Ispat in Sept-October IPO

Manufacturing

13 June, 2014

Govt may sell 10% stake in Rashtriya Ispat in Sept-October IPO

The initial public offering (IPO) of state-owned steel maker Rashtriya Ispat Nigam (RINL) may take place by October, with the ......

Exports up 12.4% in May but trade deficit widens

Manufacturing

11 June, 2014

Exports up 12.4% in May but trade deficit widens

India's trade deficit rose to a 10-month high of USD 11.23 billion in May even as exports grew by 12.4 ......

Alstom India to sell auxiliary components business to Triton for $9M

Manufacturing

06 June, 2014

Alstom India to sell auxiliary components business to Triton for $9M

Alstom India Ltd, a public listed local subsidiary of French engineering conglomerate Alstom, has said its board has approved sale ......

Siemens, Mitsubishi Heavy Industries spinning metallurgical units into a JV

Manufacturing

04 June, 2014

Siemens, Mitsubishi Heavy Industries spinning metallurgical units into a JV

Siemens Ltd, the public listed Indian arm of the German engineering conglomerate, said its board has approved a proposal to ......

Welspun promoters buy German partner Mulheim Pipe Coatings' stake in Welspun Corp for $12M

Manufacturing

04 June, 2014

Welspun promoters buy German partner Mulheim Pipe Coatings' stake in Welspun Corp for $12M

BK Goenka-led promoter group of Welspun has acquired entire equity stake held by foreign partner Mulheim Pipe Coatings in the ......

Government initiates valuation process to sell residual stake in Hindustan Zinc

Manufacturing

06 June, 2014

Government initiates valuation process to sell residual stake in Hindustan Zinc

The Finance Ministry has started the process for fresh valuation of Hindustan Zinc Ltd (HZL), seeking to push through a ......

Clearwater Capital part exits Diamond Power Infrastructure

Manufacturing

02 June, 2014

Clearwater Capital part exits Diamond Power Infrastructure

Private equity firm Clearwater Capital Partners has part exited Diamond Power Infrastructure by selling 5.5 per cent stake or almost ......

Archean Group raises mezzanine funding from KKR

Manufacturing

29 May, 2014

Archean Group raises mezzanine funding from KKR

Chennai-based industrial conglomerate Archean Group has raised an undisclosed amount in mezzanine funding from private equity major KKR & Co, ......

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