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Exclusive: Nasdaq-listed Applied Materials set to strike India deal with PE-backed company

Manufacturing

13 December, 2023

Exclusive: Nasdaq-listed Applied Materials set to strike India deal with PE-backed company

US-based Applied Materials Inc. is in advanced stages of discussion to acquire a minority stake in a local telecom gear ......

Mahindra & Mahindra, others to invest $105 mn in Jawa, Yezdi bike maker

Manufacturing

13 December, 2023

Mahindra & Mahindra, others to invest $105 mn in Jawa, Yezdi bike maker

Indian automaker Mahindra and Mahindra Ltd said on Wednesday that the company, along with external investors, will spend......

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Motilal Oswal Alternates tweaks exit plan from portfolio bet

Manufacturing

12 December, 2023

Motilal Oswal Alternates tweaks exit plan from portfolio bet

Motilal Oswal Group’s private equity investment arm Motilal Oswal Alternates (MO Alts), which recently exited a ......

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Blackstone looks to make a partial exit from PGP Glass

Manufacturing

11 December, 2023

Blackstone looks to make a partial exit from PGP Glass

Global private equity (PE) firm Blackstone Inc. is looking to sell as much as 50% stake in PGP Glass Pvt. ......

Kotak fund bets $45 mn on agrochemical firm Cropnosys to mark third deal

Manufacturing

07 December, 2023

Kotak fund bets $45 mn on agrochemical firm Cropnosys to mark third deal

Kotak Strategic Situations India Fund II (KSSF II), an alternative investment fund managed by Kotak Alternate Asset ......

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Infra.Market may have to rework the math of over $70 mn acquisition

Manufacturing

07 December, 2023

Infra.Market may have to rework the math of over $70 mn acquisition

Business-to-business construction material marketplace Infra.Market has increased its stake in a local manufacturing ......

Ola Electric slashes sales targets, delays profit goal ahead of planned IPO

Manufacturing

06 December, 2023

Ola Electric slashes sales targets, delays profit goal ahead of planned IPO

India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving......

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Exclusive: Dutch chemicals major IMCD set to wrap up $640 mn India M&A deal

Manufacturing

06 December, 2023

Exclusive: Dutch chemicals major IMCD set to wrap up $640 mn India M&A deal

The Netherlands-based IMCD NV, which sells specialty chemicals and food and pharmaceutical ingredients worldwide, is ......

Aerospace and defence manufacturer CoreEL Technologies raises funding

Manufacturing

05 December, 2023

Aerospace and defence manufacturer CoreEL Technologies raises funding

Bengaluru-based aerospace and defence products manufacturer CoreEL Technologies has secured $16 million ( ₹133.4 crore......

JSW, China's SAIC form new India venture for green mobility

Manufacturing

01 December, 2023

JSW, China's SAIC form new India venture for green mobility

Indian conglomerate JSW Group and China's SAIC Motor have formed a joint venture in India with a focus on green ......

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