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Mumbai ARC, Singapore trader to acquire distressed steel maker

Finance

08 February, 2021

Mumbai ARC, Singapore trader to acquire distressed steel maker

A Mumbai-based asset reconstruction company (ARC) and a Singaporean commodity trader are all set to give a close-cropped haircut...

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Toy maker Micro Plastics catches Asian PE attention for control deal

Manufacturing

05 February, 2021

Toy maker Micro Plastics catches Asian PE attention for control deal

An Asia-focused private equity firm is in advanced talks for a control deal with Micro Plastics Pvt Ltd, which makes ......

Kalpataru Power acquires 51% of Brazil firm

Manufacturing

05 February, 2021

Kalpataru Power acquires 51% of Brazil firm

Kalpataru Power Do Brasil Participacoes Ltd, a wholly owned subsidiary of Kalpataru Power Transmission Ltd, has acquired a 51%...

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Bankrupt firm, once backed by Citi fund, finds suitors in Ravi Jhunjhunwala, others

Manufacturing

03 February, 2021

Bankrupt firm, once backed by Citi fund, finds suitors in Ravi Jhunjhunwala, others

A bankrupt textile firm, previously backed by Citigroup fund, has found two suitors including a group firm owned by businessman...

Eternis acquires UK-based aroma chemicals manufacturer

Manufacturing

02 February, 2021

Eternis acquires UK-based aroma chemicals manufacturer

Eternis Fine Chemicals Ltd, a Mumbai-based aromatic compounds manufacturer, has fully acquired a United Kingdom-based speciality...

Samena Capital-backed Dynamatic sells foundry assets to MAT Holdings

Manufacturing

01 February, 2021

Samena Capital-backed Dynamatic sells foundry assets to MAT Holdings

A wholly-owned subsidiary of precision engineering firm Dynamatic Technologies Ltd has sold its foundry assets to an Indian unit...

Fairfax, others make open offer to buy rest of speciality chemicals firm

Manufacturing

29 January, 2021

Fairfax, others make open offer to buy rest of speciality chemicals firm

Prem Watsa’s Fairfax Group and a small group of shareholders in Fairchem Organics Ltd have made an open offer to ......

Sweden's SSAB abandons plan to buy Tata Steel's Dutch plant

Manufacturing

29 January, 2021

Sweden's SSAB abandons plan to buy Tata Steel's Dutch plant

Swedish steelmaker SSAB has ended talks over a potential acquisition of Tata Steel's Dutch steel mill, it said on Friday,...

Kolkata-based Kothari Group sells Punjab mill to Cedaar Textile

Manufacturing

29 January, 2021

Kolkata-based Kothari Group sells Punjab mill to Cedaar Textile

A Kothari Group firm has sold its Punjab-based textile spinning unit to Cedaar Textile Private Limited. Gillanders Arbuthnot...

Taiwan approves $140 mn Pegatron investment in India

Manufacturing

29 January, 2021

Taiwan approves $140 mn Pegatron investment in India

Taiwan's government on Thursday said it had approved a $140 million investment in India by Pegatron Corp, a Taiwanese contract...

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