Manufacturing

Manufacturing

Singhania's JK Tyre brings in PE-style investor

Mumbai-listed JK Tyre & Industries Ltd on Wednesday said it is raising about $30 million (Rs 240 crore) from the ......

Manufacturing

IFC backs Mahindra's electric three-wheeler, small commercial vehicle unit

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, will invest Rs 600 crore ($72.6 million) in automaker ......

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Finance

M&M seeks up to $1.3 bn capital raise for EV arm

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its ......

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Manufacturing

Nepal's NIIF backs electric mobility firm in third deal

Nepal Infrastructures Investment Fund (NIIF), a permanent capital vehicle jointly promoted by alternative investment firm Global Equity Fund (GEF), Prime ......

Manufacturing

Apple supplier Foxconn wins AirPod order, plans $200-mn factory in India

Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory ......

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Manufacturing

Blackstone spins dream returns from over $1.8 bn India exit

Alternative asset giant Blackstone, that has been on a harvest drive in India and has encashed close to $2 billion ......

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Manufacturing

Blackstone exiting from India auto ancillary portfolio firm

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings Ltd (Sona Comstar) ......

Manufacturing

Adani seeks to sell stake in Ambuja Cement for $450 mn to cut debt: Report

Gautam Adani is seeking to sell a stake in his cement business worth about $450 million, the Financial Times reported ......

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Manufacturing

Tano Capital scores multi-bagger from India harvest

Tano Capital has scored multi-bagger returns on its investment in an Indian company, as the Asia-focussed alternative asset manager continues ......

Manufacturing

Adani Group gets $3 bn credit line from sovereign wealth fund

India's Adani Group has told creditors it has secured $3 billion loan from a sovereign wealth fund, two sources with ......