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