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Manufacturing

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

BG Group to sell stake in Gujarat Gas for $470M

Manufacturing

04 October, 2012

BG Group to sell stake in Gujarat Gas for $470M

BG Group is selling its majority stake in public listed Gujarat Gas Company Limited (GGCL) for approximately Rs 2,460 crore ......

KKR-backed Dalmia Cement to acquire Adhunik Cement for $105M

Manufacturing

28 September, 2012

KKR-backed Dalmia Cement to acquire Adhunik Cement for $105M

Dalmia Cement (Bharat) Ltd has signed an agreement to buy, a privately held firm based in Kolkata with cement manufacturing ......

Chemtura to buy Avantha Group firm Solaris ChemTech's bromine assets

Manufacturing

27 September, 2012

Chemtura to buy Avantha Group firm Solaris ChemTech's bromine assets

NYSE-listed speciality chemicals and home care products maker has struck a deal to acquire the core bromine assets of Avantha ......

Sequoia Capital exits Ess Dee Aluminium with huge loss; Stock up 15%

Manufacturing

25 September, 2012

Sequoia Capital exits Ess Dee Aluminium with huge loss; Stock up 15%

The shares of packaging firm Ess Dee Aluminium Ltd rose over 15 per cent on Monday after Sequoia Capital India ......

IFC to part finance $480M oil refinery expansion project of HPCL Mittal Energy

Manufacturing

21 September, 2012

IFC to part finance $480M oil refinery expansion project of HPCL Mittal Energy

IFC will part finance the oil refinery expansion project of HPCL Mittal Energy Ltd, a joint venture between PSU oil ......

PE-backed Innoventive Ind to acquire 51% stake in Innovative Technomics

Manufacturing

28 September, 2012

PE-backed Innoventive Ind to acquire 51% stake in Innovative Technomics

Multi-product engineering firm Innoventive Industries Ltd has signed an agreement with Innovative Technomics Pvt Ltd (ITPL) to acquire 51 per cent ......

Bajaj Electricals sells 50% stake in power tools venture to Black & Decker for $6.6M

Manufacturing

20 September, 2012

Bajaj Electricals sells 50% stake in power tools venture to Black & Decker for $6.6M

Bajaj Electricals Ltd has sold its entire 50 per cent stake in Mumbai-based Bajaj Ventures Ltd for Rs 36 crore ......

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 Ltd  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 ......

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