Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
UltraTech to acquire Kesoram's cement business in $645-mn deal
India's UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries in an all-stock deal......
Manufacturing
KIA-owned Kuwait Investment Company exits oil and gas firm
Sovereign wealth fund Kuwait Investment Authority (KIA)-owned Kuwait Investment Company (KIC) has exited oil and gas ......
Manufacturing
Whirlpool to sell 24% stake in India business to reduce debt
Whirlpool Corp said on Thursday it will sell up to 24% of its ownership interest in Whirlpool of India Ltd ......
Manufacturing
Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target
SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but ......
Manufacturing
RP-Sanjiv Goenka's PCBL to acquire Aquapharm for $456 mn
RP-Sanjiv Goenka Group’s PCBL Ltd has agreed to acquire 100% stake in Pune-based Aquapharm Chemicals Pvt. Ltd for ₹3......
Manufacturing
How Ola Electric's service network is feeling the strains of success
Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his ......
Manufacturing
Germany's Siemens to buy Siemens Energy's stake in India JV, demerge local energy business
German conglomerate Siemens AG said Wednesday it intends to buy an 18% stake in its Indian joint venture from Siemens ......
Finance
True North, ICICI Venture set to clock dream returns from two IPO-bound bets
A BFSI firm backed by homegrown private equity firm True North and an original equipment manufacturer of home appliances......
Manufacturing
Tesla plans to double its components imports from India
U.S. electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade ......
Manufacturing
Reliance Industries raises $2.4 bn in mega local bond sale
Reliance Industries raised 200 billion rupees ($2.40 billion) on Thursday, in the largest bond issue by a non-financial ......
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