Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
SAIF Partners buys 2.8% more in Blue Star for $8.5M
SAIF Partners, an Asia-focused venture and growth capital investor, has increased its shareholding to 4.2 per cent stake in Blue ......
Manufacturing
Murugappa Group to buy 44.12% promoter stake in Shanthi Gears for $53.3M
Murugappa Group’s flagship company, Tube Investments of India Ltd (TII), engaged in diversified operations such as auto-ancillary products, bicycle retailing, ......
Manufacturing
IIP growth at 2.4% in May; Has it really bottomed out?
India’s industrial output, measured by the index of industrial production (IIP), grew 2.4 per cent in May over the same ......
Manufacturing
L&T's Tamco Switchgear acquires Henikwon Corporation
Larsen & Toubro’s Malaysia-based wholly owned subsidiary Tamco Switchgear has acquired Henikwon Corporation Sdn Bhd, a Malaysian manufacturer of low ......
Manufacturing
Monnet Ispat in bidding war with Bhushan Steel for Orissa Sponge Iron
A bidding war is at works for Orissa Sponge Iron & Steel Co. Jajodias promoted Monnet Ispat & Energy has ......
Manufacturing
What is AV Birla Group betting on with 3rd Canadian pulp assets acquisition
Aditya Birla group has struck a deal to acquire assets of Canadian paper grade pulp manufacturer Terrace Bay Pulp Inc, ......
Manufacturing
GMR in $547M reverse merger deal for Indonesian coal assets
GMR Infrastructure Ltd has struck a $547 million reverse merger deal for its Indonesian coal mining and trading asset PT ......
Manufacturing
Bilt in strategy flip, moving most of paper biz to PE-backed arm
India’s largest paper company Ballarpur Industries Ltd (Bilt) is moving almost all of its paper production business in the country ......
Manufacturing
Essar Energy sells 50% stake in Vietnam gas block to ENI International
In order to help manage risk and to focus more on developing its core assets, Essar Energy Plc.’s subsidiary Essar ......
Manufacturing
Cairn Energy sells 3.5% more in Cairn India for $365M
UK’s Cairn Energy has sold additional 3.5 per cent stake in its former Indian arm Cairn India for Rs 2,060 ......
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