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Minda Corp to acquire Panalfa Autoelektrik

Manufacturing

05 April, 2016

Minda Corp to acquire Panalfa Autoelektrik

Auto component manufacturer Minda Corp has entered into an agreement to acquire 100 per cent equity stake in Panalfa Autoelektrik ......

Hero MotoCorp sells 49% in Colombian JV

Manufacturing

01 April, 2016

Hero MotoCorp sells 49% in Colombian JV

Hero MotoCorp Ltd, India’s largest two-wheeler maker, has sold a 49 per cent stake in its Colombian operations to its ......

Steel deals: The rusty side

Manufacturing

31 March, 2016

Steel deals: The rusty side

Tata Steel Ltd, world’s 11th largest steel producer, is in the news because of the decision to look for options ......

M&M to buy 35% stake in Finnish harvester maker

Manufacturing

31 March, 2016

M&M to buy 35% stake in Finnish harvester maker

Mahindra & Mahindra Ltd has agreed to acquire a stake in Finland-based harvester maker Sampo Rosenlew Oy, as India’s biggest ......

India plans rare earth deposit block auction

Manufacturing

31 March, 2016

India plans rare earth deposit block auction

As part of its strategy to counter China’s monopoly in rare earth element production, in a first, India plans to ......

India extends safeguard duty on steel imports till March 2018

Manufacturing

30 March, 2016

India extends safeguard duty on steel imports till March 2018

Days before the expiry of provisional safeguard duty on steel on 31 March, the National Democratic Alliance government notified its ......

SAIF Partners picks small stake in auto component maker Fiem

Manufacturing

28 March, 2016

SAIF Partners picks small stake in auto component maker Fiem

Venture and growth equity investor SAIF Partners has picked 1.1 per cent stake in public listed automotive lighting & signalling ......

Mines ministry wants no increase in clean environment cess for a year

Manufacturing

23 March, 2016

Mines ministry wants no increase in clean environment cess for a year

Aimed at providing a cushion to ailing domestic metal-producing industries such as steel and aluminium, India’s ministry of mines has ......

Hero Cycles buys 60% stake in Sri Lanka's BSH Ventures

Manufacturing

23 March, 2016

Hero Cycles buys 60% stake in Sri Lanka's BSH Ventures

Hero Cycles today announced picking up of 60 per cent stake in Sri Lankan bicycle manufacturer BSH Ventures, its third ......

Bharat Wire Ropes IPO oversubscribed 21%

Manufacturing

22 March, 2016

Bharat Wire Ropes IPO oversubscribed 21%

The Rs 70-crore IPO of Bharat Wire Ropes sailed through on the last day of the offer today as the ......