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Lighthouse, White Oak invest in publicly-listed plastics maker Shaily

Manufacturing

18 August, 2021

Lighthouse, White Oak invest in publicly-listed plastics maker Shaily

Lighthouse Funds and White Oak Capital Management have invested in publicly-listed Shaily Engineering Plastics Ltd, two persons...

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Mid-sized and smaller distressed steel assets likely to see indirect PE interest

Manufacturing

16 August, 2021

Mid-sized and smaller distressed steel assets likely to see indirect PE interest

Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be...

Packaging firm Manjushree Technopack to acquire Classy Kontainers

Manufacturing

16 August, 2021

Packaging firm Manjushree Technopack to acquire Classy Kontainers

Plastic packaging material maker Manjushree Technopack Ltd (MTL), backed by US private equity firm Advent International, said...

Aramco in advanced talks on up to $25 bn Reliance deal

Manufacturing

16 August, 2021

Aramco in advanced talks on up to $25 bn Reliance deal

Saudi Aramco is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's oil refining and chemicals ......

Blackstone seeks shareholder approval to pay part of exit proceeds to Sona execs

Manufacturing

16 August, 2021

Blackstone seeks shareholder approval to pay part of exit proceeds to Sona execs

Private equity firm Blackstone is seeking shareholder approval for an exit return incentive (ERI) plan that envisages to pay a...

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Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight

Manufacturing

12 August, 2021

Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight

The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in...

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Nuvoco Vistas' IPO to deliver 1.8x return for Kotak Special Situations Fund in a year

Manufacturing

09 August, 2021

Nuvoco Vistas' IPO to deliver 1.8x return for Kotak Special Situations Fund in a year

Cement firm Nuvoco Vistas Corp Ltd’s initial public offering (IPO) will multiply Kotak Special Situations Fund’s year-old...

India's factory growth rebounded in July, hiring resumed after 15 months

Manufacturing

02 August, 2021

India's factory growth rebounded in July, hiring resumed after 15 months

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create ......

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Manufacturing

28 July, 2021

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Two private equity players Apollo Global Management and Synergy Metals Investments Holding have decided to invest up to Rs 1,500...

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Lenders take steep haircut on another steel asset under liquidation process

Manufacturing

26 July, 2021

Lenders take steep haircut on another steel asset under liquidation process

Lenders have taken a massive haircut on the sale of a Kolkata-based stressed iron and steel firm whose majority debt ......

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