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M&M to seek shareholders nod to raise up to $780M

Manufacturing

13 July, 2015

M&M to seek shareholders nod to raise up to $780M

Auto major Mahindra & Mahindra will seek shareholders' approval to raise up to Rs 5,000 crore through issuance of securities ......

EMC to hike stake in McNally Bharat Engineering for around $15.7M, makes open offer

Manufacturing

02 July, 2015

EMC to hike stake in McNally Bharat Engineering for around $15.7M, makes open offer

Kolkata-based transmission tower maker EMC Ltd has inked a deal to acquire 19.77 per cent additional stake in construction and ......

IL&FS Engineering to raise up to $78M through QIP, public issue

Manufacturing

02 July, 2015

IL&FS Engineering to raise up to $78M through QIP, public issue

IL&FS Engineering and Construction Company today said it will raise Rs 500 crore through various avenues, including Qualified Institutional Placement ......

Volkswagen owned MAN acquires Bangalore-based engineering firm MaxWatt Turbines

Manufacturing

29 June, 2015

Volkswagen owned MAN acquires Bangalore-based engineering firm MaxWatt Turbines

MAN Diesel & Turbo SE, a wholly owned subsidiary of MAN SE (part of Volkswagen AG) today said it has ......

Lafarge to buy Baring PE Asia's 14% stake in Indian arm for $303M

Manufacturing

16 June, 2015

Lafarge to buy Baring PE Asia's 14% stake in Indian arm for $303M

French cement producer Lafarge SA has signed an agreement to acquire 14 per cent stake in its Indian arm Lafarge ......

Aequs buys out US-based aerospace component maker T&K Machine

Manufacturing

17 June, 2015

Aequs buys out US-based aerospace component maker T&K Machine

Karnataka-based aircraft component maker Aequs Aerospace has agreed to acquire the operations of US-based aerospace component maker T&K Machine to ......

Germany's Privinvest may buy strategic stake in ABG Shipyard

Manufacturing

12 June, 2015

Germany's Privinvest may buy strategic stake in ABG Shipyard

Germany-based Privinvest Holding is in discussions to buy a strategic stake in Mumbai-based ABG Shipyard Ltd, a company which provides ......

Airbus to increase component sourcing from India to $2B by 2020

Manufacturing

18 June, 2015

Airbus to increase component sourcing from India to $2B by 2020

Bullish on India as a market place as well as a manufacturing hub, leading aircraft maker Airbus on Thursday said ......

Starlit Power to form JV with China's Guangdong Dynavolt to manufacture batteries in India

Manufacturing

05 June, 2015

Starlit Power to form JV with China's Guangdong Dynavolt to manufacture batteries in India

Delhi-NCR-based Starlit Power Systems inked a joint venture with a Chinese motorcycle and UPS battery manufacturer, Guangdong Dynavolt Technologies to ......

Volvo sells remaining stake in Eicher Motors for around $270M

Manufacturing

04 June, 2015

Volvo sells remaining stake in Eicher Motors for around $270M

Swedish auto maker AB Volvo has exited Indian commercial vehicles company Eicher Motors Ltd by selling its remaining 3.7 per ......