Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
CBI to probe bribery charges in $1.2B Rolls-Royce
The defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited's (HAL) purchase of ......
Manufacturing
Manufacturers post fastest growth in a year in Feb
Indian manufacturing activity and new orders showed their strongest growth in a year in February, according to a survey released ......
Manufacturing
UD Group picking around 10% in Uttam Value Steels for $32M
Mumbai-based iron and steel manufacturer Uttam Value Steels is raising Rs 200 crore ($32.16 million) through a preferential allotment of ......
Manufacturing
German cable support systems firm PUK-WERKE acquires majority stake in Profab Engineers
Berlin-based PUK-WERKE KG Kunststoff-Stahlverarbeitung GmbH & Co has acquired controlling stake in Mumbai-based cable management company Profab Engineers Private Limited, ......
Manufacturing
Hero Group's auto component firm Rockman to buy majority stake in Sargam Diecastings
Rockman Industries Ltd, a part of Hero Group, has entered into a definitive agreement to acquire majority stake in Chennai-based ......
Manufacturing
Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX
Asian Paints (International) Ltd (APIL), a wholly-owned subsidiary of India’s largest paints company Asian Paints Ltd, has hiked its stake ......
Manufacturing
IFC exits Coimbatore-based LG Balakrishnan at loss
The International Finance Corporation, the private sector lending arm of the World Bank, has exited the Coimbatore-based auto component manufacturer LG Balakrishnan ......
Manufacturing
KKR investing $100M in Gautam Thapar's Avantha Group
Private equity major KKR has signed an agreement with Gautam Thapar-promoted Avantha Group to invest Rs 630 crore ($100 million) ......
Manufacturing
Shilpi Cable raising $3.2M through preferential allotment to FIIs
Shilpi Cable Technologies Ltd is raising around Rs 20.27 crore ($3.24 million) through a preferential allotment of shares to a ......
Manufacturing
India approves two semiconductor wafer plants worth $10B
India has approved the setting up of semiconductor wafer plants by two consortia, including IBM Corp, Israel's TowerJazz and STMicroelectronics ......
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