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Salzer Electronics to buy switch-maker Kaycee Industries

Manufacturing

24 May, 2019

Salzer Electronics to buy switch-maker Kaycee Industries

Electrical equipment manufacturer Salzer Electronics Ltd is acquiring a majority stake in listed peer Kaycee Industries Ltd. Coimbatore-headquartered Salzer will initially ......

IFC-backed Polycab India gets strong response in IPO, subscribed 51 times

Manufacturing

09 April, 2019

IFC-backed Polycab India gets strong response in IPO, subscribed 51 times

Electrical goods manufacturer Polycab India Ltd received a thumping response to its maiden public offer amid a volatile and uncertain ......

IFC-backed Polycab India's IPO covered 1.93 times on second day

Manufacturing

08 April, 2019

IFC-backed Polycab India's IPO covered 1.93 times on second day

Electrical goods manufacturer Polycab India Ltd’s initial public offering (IPO) continued to attract demand on the second day on Monday, ......

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Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors

Manufacturing

05 April, 2019

Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors

Electrical products maker Polycab India Ltd’s initial public offering (IPO) saw strong demand on the first day on Friday, with ......

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IFC to make modest returns from partial exit in IPO of electrical goods firm

Finance

02 April, 2019

IFC to make modest returns from partial exit in IPO of electrical goods firm

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, will walk away with modest returns by selling nearly half ......

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How much will IFC make from partial stake sale in Polycab India's IPO?

Manufacturing

31 October, 2018

How much will IFC make from partial stake sale in Polycab India's IPO?

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, may take home moderate returns as it looks ......

Crompton Greaves to sell B2B automation biz to Saudi Arabia's Alfanar

Manufacturing

07 November, 2016

Crompton Greaves to sell B2B automation biz to Saudi Arabia's Alfanar

Electrical equipment maker Crompton Greaves Ltd said on Monday it will sell its business-to-business automation business to Saudi Arabia’s Alfanar ......

Lenders to take over Diamond Power, look for investor

Manufacturing

22 July, 2016

Lenders to take over Diamond Power, look for investor

Diamond Power Infrastructure Ltd said on Friday its board has approved a debt recast plan that will give its creditors ......

Japan's Meidensha Corp takes full control of Prime Meiden

Manufacturing

17 June, 2016

Japan's Meidensha Corp takes full control of Prime Meiden

Japanese capital goods maker Meidensha Corporation has increased its shareholding in Indian power equipment maker Prime Meiden Ltd to 100% ......

China's Jiangsu Longzhe offers to invest $125 mn in Diamond Power

Infrastructure

17 May, 2016

China's Jiangsu Longzhe offers to invest $125 mn in Diamond Power

Jiangsu Longzhe Technology and Trade Development Co Ltd has offered to invest $125 million (about Rs 825 crore) in Diamond ......