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Cabinet approves amending MMDR Act

Manufacturing

10 March, 2016

Cabinet approves amending MMDR Act

The National Democratic Alliance (NDA) government on Thursday gave its approval to change rules and allow transfer of captive mining ......

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Kotak PE part-exits Diamond Power at huge loss

Manufacturing

09 March, 2016

Kotak PE part-exits Diamond Power at huge loss

Kotak Private Equity, the alternative investment arm of Kotak Mahindra Bank, has part-exited electrical equipment maker Diamond Power Infrastructure Ltd ......

Crompton Greaves to sell overseas power unit to First Reserve for $126M

Manufacturing

09 March, 2016

Crompton Greaves to sell overseas power unit to First Reserve for $126M

Electrical equipment maker Crompton Greaves Ltd said on Wednesday it has agreed to sell its international power business to US ......

Cabinet may amend MMDR rules

Manufacturing

08 March, 2016

Cabinet may amend MMDR rules

The National Democratic Alliance (NDA) government may amend the rules which will allow transfer of captive mining leases not granted ......

Indian women participation in labour force shrinking: report

Manufacturing

08 March, 2016

Indian women participation in labour force shrinking: report

Only 27% of women in India participate in the labour force, according to a report by Harvard University’s Evidence for ......

Government notifies Mineral Concession Rules

Manufacturing

08 March, 2016

Government notifies Mineral Concession Rules

In an attempt to attract participation in mining auctions to be conducted by various states, the National Democratic Alliance (NDA) ......

Dhunseri and Indorama spinning off their PET resin business into a JV

Manufacturing

04 March, 2016

Dhunseri and Indorama spinning off their PET resin business into a JV

Dhunseri Petrochem Ltd, the petrochemicals division of Kolkata-based Dhunseri Petrochem & Tea Ltd, has joined hands with Thailand-based Indorama Ventures ......

Minda Group buys lighting business of Spain's Rinder Group

Manufacturing

03 March, 2016

Minda Group buys lighting business of Spain's Rinder Group

Auto components manufacturer Minda Industries has acquired Spain-based Rinder Group's global automotive lighting business for 20 million euros (over Rs ......

Electrical equipment maker HPL files paper to raise $66M in IPO

Manufacturing

26 February, 2016

Electrical equipment maker HPL files paper to raise $66M in IPO

HPL Electric & Power Ltd has approached markets regulator Sebi to raise Rs 450 crore through an initial public offering.Besides, ......

Bain, GIC & Advent buy out Warburg Pincus, others in QuEST for $350M

Manufacturing

22 February, 2016

Bain, GIC & Advent buy out Warburg Pincus, others in QuEST for $350M

Bain Capital, GIC and Advent International have invested approximately $350 million (Rs 2,400 crore) to pick minority stakes in global ......