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Commodities

Jindal Stainless to invest $647 mn for expansion

Manufacturing

01 May, 2024

Jindal Stainless to invest $647 mn for expansion

Jindal Stainless said on Wednesday it is investing nearly 54 billion rupees ($646.6 million) for acquisitions and capacity expansion. The company ......

Gautam Adani, family raise stake in Ambuja Cements to 70%

Manufacturing

17 April, 2024

Gautam Adani, family raise stake in Ambuja Cements to 70%

Indian billionaire Gautam Adani's family raised its stake in Ambuja Cements to 70.3% from 66.7% with a 83.39 billion rupees ......

UAE's ADNOC recently eyed BP as takeover target

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......

Government rejects Vedanta-controlled Hindustan Zinc's plan to split company

Manufacturing

22 March, 2024

Government rejects Vedanta-controlled Hindustan Zinc's plan to split company

The Indian government, Hindustan Zinc's largest minority shareholder, has rejected the miner's proposal to split into different units as it ......

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CVC Capital in partnership with Indian agrochem veteran for chemical bets

Manufacturing

22 February, 2024

CVC Capital in partnership with Indian agrochem veteran for chemical bets

European private equity firm CVC Capital, which recently closed its sixth Asia-focussed investment vehicle raising 50% more ($6.8 billion) than ......

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ChrysCap-backed Livguard in talks with PEs, climate funds for fresh round

Manufacturing

17 January, 2024

ChrysCap-backed Livguard in talks with PEs, climate funds for fresh round

Commercial batteries manufacturer Livguard Energy Technologies Pvt. Ltd is eyeing a large institutional round of funding, after a hiatus of more ......

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Saudi SWF Public Investment Fund strikes first 2024 bet in MENA paper industry

Manufacturing

04 January, 2024

Saudi SWF Public Investment Fund strikes first 2024 bet in MENA paper industry

Saudi Arabia’s sovereign investor Public Investment Fund (PIF) has struck a bet for minority stake in a paper manufacturing and ......

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Pharma packaging firm Ansapack makes acquisition in folding carton business

Manufacturing

02 January, 2024

Pharma packaging firm Ansapack makes acquisition in folding carton business

Mumbai-based pharma packaging solutions provider Ansapack Pvt. Ltd’s folding carton arm, Ansa Folding Carton, has struck a strategic acquisition with another ......

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Warburg Pincus beats benchmark in seventh India exit move this year

Manufacturing

19 December, 2023

Warburg Pincus beats benchmark in seventh India exit move this year

Warburg Pincus, one of the most prolific private equity firms in India that has recently gone through a leadership shuffle ......

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Bain-Piramal fund offloads additional stake from debut investment

Manufacturing

20 December, 2023

Bain-Piramal fund offloads additional stake from debut investment

The India Resurgence Fund, an investment platform set up by private equity firm Bain Capital and Indian conglomerate Piramal Enterprises, ......