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

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Blackstone exiting from India auto ancillary portfolio firm

Manufacturing

13 March, 2023

Blackstone exiting from India auto ancillary portfolio firm

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision ......

Adani seeks to sell stake in Ambuja Cement for $450 mn to cut debt: Report

Manufacturing

10 March, 2023

Adani seeks to sell stake in Ambuja Cement for $450 mn to cut debt: Report

Gautam Adani is seeking to sell a stake in his cement business worth about $450 million, the Financial Times reported ......

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Tano Capital scores multi-bagger from India harvest

Manufacturing

09 March, 2023

Tano Capital scores multi-bagger from India harvest

Tano Capital has scored multi-bagger returns on its investment in an Indian company, as the Asia-focussed alternative ......

Adani Group gets $3 bn credit line from sovereign wealth fund

Manufacturing

01 March, 2023

Adani Group gets $3 bn credit line from sovereign wealth fund

India's Adani Group has told creditors it has secured $3 billion loan from a sovereign wealth fund, two sources with......

Feb manufacturing PMI at 4-month low

Manufacturing

01 March, 2023

Feb manufacturing PMI at 4-month low

India's manufacturing sector expanded at the slowest pace in four months in February but remained relatively strong ......

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Oman India PE fund to strike multi-bagger returns from IPO-led partial exit

Manufacturing

27 February, 2023

Oman India PE fund to strike multi-bagger returns from IPO-led partial exit

Oman India Joint Investment Fund (OIJIF), a mid-market private equity firm that has raised two funds, has tweaked its ......

Multiples PE backs Murugappa group's TI Clean Mobility in maiden EV bet

Manufacturing

25 February, 2023

Multiples PE backs Murugappa group's TI Clean Mobility in maiden EV bet

Multiples Alternate Asset Management and its co-investors are investing up to Rs 1,200 crore ($144.7 million) in Murugappa group company TI ......

Glass maker Saint-Gobain acquires UP Twiga

Manufacturing

22 February, 2023

Glass maker Saint-Gobain acquires UP Twiga

French glass and building materials manufacturer Sain-Gobain has entered into a definitive agreement to acquire glass ......

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Exclusive: Piramal Alternatives' performing credit fund inks engineering sector deal

Manufacturing

20 February, 2023

Exclusive: Piramal Alternatives' performing credit fund inks engineering sector deal

Piramal Alternatives, the fund management business of Piramal Enterprises Ltd, has struck what is believed to be its ......

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Exclusive: Kotak, MO Alts to invest over $100 mn in electronics maker

Manufacturing

16 February, 2023

Exclusive: Kotak, MO Alts to invest over $100 mn in electronics maker

Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Mahindra Group, along with Motilal Oswal ......

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