Manufacturing

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

India's factory activity growth slipped in May as demand fell: PMI

Manufacturing

01 June, 2021

India's factory activity growth slipped in May as demand fell: PMI

India's factory activity growth slowed significantly in May as an escalation in coronavirus cases whacked new orders and output...

Manufacturing

27 May, 2021

Morgan Stanley, others buy stake in Amara Raja Batteries from car battery maker Clarios

Car battery maker Clarios has sold a 10% stake in Amara Raja Batteries for about Rs 1,200 crore ($165 million) ......

Manufacturing

25 May, 2021

Mauritius fund sells stake in Savita Oil; Eyestem, SaveIN, Scenes raise money

Pari Washington India Master Fund has sold 2.92% stake in Mumbai-based petroleum specialties manufacturer Savita Oil Technologies...

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Manufacturing

17 May, 2021

Chennai steel maker to buy rival under Insolvency and Bankruptcy Code

A Tamil Nadu-based steel manufacturer is set to acquire bankrupt steelmaker Kamachi Industries beating three other applicants...

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Manufacturing

12 May, 2021

Elevation Capital's decade-old bet gets a haircut from Pennar Industries

Elevation Capital, previously SAIF Partners, is sitting on a loss of close to 46% on its bet in Pennar Industries, ......

Manufacturing

11 May, 2021

Blackstone-promoted Sona BLW gets SEBI nod for Rs 6,000 crore IPO

Blackstone-promoted Sona BLW Precision Forgings Ltd has received Securities and Exchange Board of India’s approval for its...

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Manufacturing

07 May, 2021

Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant

A Mumbai-based asset reconstruction company (ARC), along with a local investor, has bought a stressed Kolkata-based firm that...

Manufacturing

07 May, 2021

Japan's JFE may form electromagnetic steel sheet joint venture with JSW

Japan's second-biggest steelmaker JFE Holdings Inc said on Friday it will study feasibility of forming a joint venture with...

Manufacturing

06 May, 2021

Bharat Forge buys group company to undertake acquisition of bankrupt Sanghvi Forging

Auto components major Bharat Forge Ltd has fully acquired a group company which will buy stressed Sanghvi Forging & Engineering...

Manufacturing

05 May, 2021

ChrysCap-backed Safex Chemicals buys Shogun in second acquisition

Agrochemicals company Safex Chemicals India Ltd has bought Mumbai-based Shogun Organics Ltd, marking its second acquisition so...

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