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Manufacturing

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

Warburg Pincus sells 4.2% more of Moser Baer at a huge loss

Manufacturing

17 September, 2012

Warburg Pincus sells 4.2% more of Moser Baer at a huge loss

Warburg Pincus has sold almost half of its remaining stake in Delhi-based Moser Baer India LtdĀ  through open market transactions ......

Max India sells BOPP film biz to Treofan for $97M

Commodities

24 September, 2012

Max India sells BOPP film biz to Treofan for $97M

Max India Ltd has sold its unit that makes polypropylene film to Germany's Treofan for Rs 540 crore ($97 million). ......

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Thermax to make mid-sized acquisitions in developing markets

Manufacturing

14 September, 2012

Thermax to make mid-sized acquisitions in developing markets

Energy and environment company Thermax Ltd is looking at acquiring small- to mid-sized energy equipment companies in international markets, chief ......

Tata Motors sells majority stake in Norwegian cleantech engineering firm to Electrovaya

Manufacturing

12 September, 2012

Tata Motors sells majority stake in Norwegian cleantech engineering firm to Electrovaya

Canadian stock exchange-listed Electrovaya Inc. has acquired 71.6 per cent stake in Norwegian cleantech engineering firm Miljobil Grenland A.S. (MBG), ......

ONGC Videsh picks stake in Caspian Sea oil & gas block, pipeline for $1B

Manufacturing

11 September, 2012

ONGC Videsh picks stake in Caspian Sea oil & gas block, pipeline for $1B

State-run Oil and Natural Gas Corporation of India Ltd's subsidiary, ONGC Videsh Ltd (OVL), will acquire 2.72 per cent participating ......

Union Govt to divest 10% stake in NMDC

Manufacturing

07 September, 2012

Union Govt to divest 10% stake in NMDC

In what seems to be a desperate measure by the Department of Disinvestment in the finance ministry, the Centre has ......

Mahindra Ugine sells 49% of steel biz to Japan's Mitsui, Sanyo for $39M

Manufacturing

07 September, 2012

Mahindra Ugine sells 49% of steel biz to Japan's Mitsui, Sanyo for $39M

Mahindra Ugine Steel Company Ltd (Musco) has completed the sale of 49 per cent stake in its steel business to ......

Amtek India raises $70M through FCCBs

Manufacturing

07 September, 2012

Amtek India raises $70M through FCCBs

Auto component-maker Amtek India Ltd has raised $70 million (Rs 390 crore) through foreign currency convertible bonds (FCCBs), as per ......

PE-backed Dalmia Bharat Enterprises to hike stake in promoter group's sugar biz

Manufacturing

11 September, 2012

PE-backed Dalmia Bharat Enterprises to hike stake in promoter group's sugar biz

A year and half after demerging the cement and power business into a separate listed firm Dalmia Bharat Enterprises Ltd, ......

Mount Kellett leads $73M equity infusion in Jain Irrigation

Manufacturing

05 September, 2012

Mount Kellett leads $73M equity infusion in Jain Irrigation

Jain Irrigation Systems Ltd is raising $73 million (Rs 405 crore) through an issue of equity shares to Mount Kellett ......

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