Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel
ArcelorMittal, one of the world’s largest steelmakers, resolution plan has received approval from the creditors of Uttam...
Manufacturing
Rossari Biotech to buy Unitop Chemicals for $57.7 mn
Specialty chemicals company Rossari Biotech said it will buy Unitop Chemicals Private for Rs 421 crore ($57.7 million) in an ......
Manufacturing
Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders
Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing...
Manufacturing
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
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
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...
Manufacturing
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...
Manufacturing
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
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...
Manufacturing
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...
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