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Manufacturing

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

Saroj Poddar's Texmaco to acquire 24.9% in Kalindee Rail for $4.5M; takeover battle looms

Manufacturing

15 July, 2013

Saroj Poddar's Texmaco to acquire 24.9% in Kalindee Rail for $4.5M; takeover battle looms

Kolkata-based Adventz Group firm Texmaco Rail and Engineering Ltd has entered into a definitive agreement to acquire 24.90 per cent ......

Deepak Fertilisers acquires 24.5% in Vijay Mallya-controlled Mangalore Chemicals for $29.7M

Manufacturing

12 July, 2013

Deepak Fertilisers acquires 24.5% in Vijay Mallya-controlled Mangalore Chemicals for $29.7M

Deepak Fertilisers and Petrochemicals Corporation Ltd, through its wholly owned subsidiary SCM Soilfert Ltd, has acquired 24.5 per cent stake ......

L&T misses profit forecasts, set for more turbulence

Manufacturing

22 July, 2013

L&T misses profit forecasts, set for more turbulence

Larsen & Toubro Ltd (L&T) warned of more speed bumps after India's largest engineering and construction group surprised investors with ......

UK-based Fiberweb acquiring controlling stake in Terram India for $3M

Manufacturing

11 July, 2013

UK-based Fiberweb acquiring controlling stake in Terram India for $3M

UK-based Fiberweb Plc is hiking stake in its joint venture Terram India, from 26 per cent to 65 per cent, ......

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Bangalore-based Shankara Infrastructure Materials looking to rope in strategic investor

Manufacturing

10 July, 2013

Bangalore-based Shankara Infrastructure Materials looking to rope in strategic investor

Bangalore-based Shankara Infrastructure Materials Ltd is looking to rope in a strategic investor as it looks to give an exit ......

HIM Group to acquire 55% stake in auto component maker Gujarat Automotive for $3.6M

Manufacturing

10 July, 2013

HIM Group to acquire 55% stake in auto component maker Gujarat Automotive for $3.6M

HIM Group, through its privately held flagship company HIM Teknoforge Ltd and associate firm Globe Precision Industries Pvt Ltd, has ......

Citigroup Venture Capital International investing $56M in Bangalore-based Sansera Engineering

Manufacturing

09 July, 2013

Citigroup Venture Capital International investing $56M in Bangalore-based Sansera Engineering

Citigroup’s private equity arm, Citigroup Venture Capital International (CVCI) is acquiring 'a substantial stake' in Sansera Engineering Pvt Ltd, a ......

M&M raises $83M through NCD issue with 50-year maturity

Manufacturing

04 July, 2013

M&M raises $83M through NCD issue with 50-year maturity

Automobile major and the flagship firm of diversified Mahindra Group, Mahindra & Mahindra Ltd (M&M) has raised Rs 500 crore ......

ONGC Videsh loses $5B bid for ConocoPhillips' stake in Kashagan oil field

Manufacturing

03 July, 2013

ONGC Videsh loses $5B bid for ConocoPhillips' stake in Kashagan oil field

ONGC Videsh Ltd (OVL), the overseas arm of oil & gas exploration major ONGC, proposed $5 billion bid to acquire ......

Coromandel hikes stake in Liberty Phosphate to 79.6%

Manufacturing

28 June, 2013

Coromandel hikes stake in Liberty Phosphate to 79.6%

Fertiliser producer Coromandel International Ltd (CIL) has acquired an additional 26 per cent stake in Liberty Phosphates Ltd (LPL) for ......

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