Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea
A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company...
Manufacturing
Kotak Special Situations Fund sitting on 2x gains from Jindal Stainless bet
Kotak Special Situations Fund (KSSF) has doubled the value of its investment in Jindal Stainless Limited one year four months...
Manufacturing
Fairfax India to exit Privi Speciality Chemicals
Fairfax India Holdings Corporation, an investment platform created by Indian-origin Canadian investor Prem Watsa, will sell its...
Manufacturing
Lenders take nearly 61% haircut in stressed MSP Sponge Iron OTS scheme
The promoters of Kolkata based MSP Sponge Iron Ltd have completed a one-time settlement (OTS) scheme with its consortium of ......
Manufacturing
JC Flowers ARC emerges top bidder for Sathavahana Ispat but lenders seek better offer
Eight Capital-backed JC Flowers Asset Reconstruction Company has emerged as the highest bidder for stressed maker of pig iron...
Economy
Cabinet approves incentives for solar panel, white goods production
India's cabinet on Wednesday approved production-linked incentives for the manufacturing of high-efficiency solar panels and...
Manufacturing
JSW Steel completes purchase of Welspun unit
Billionaire Sajjan Jindal-owned JSW Steel has completed the acquisition of Welspun Corp’s steel plates and coil mills division...
Manufacturing
JSW Steel yanks Bhushan Power out of long-drawn bankruptcy
After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......
Manufacturing
Oman-India PE fund rakes in 2.3x returns from Prince Pipes bet
Prince Pipes and Fittings Ltd has multiplied Oman India Joint Investment Fund II’s bet 2.3 times in one year three ......
Manufacturing
ChrysCapital buys minority stake in agrochem firm Safex Chemicals
Homegrown private equity firm ChrysCapital has picked up a minority stake in New Delhi based agrochemicals company Safex Chemicals...
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