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Engineering

Ashok Leyland sells Czech truck arm for $11M

Manufacturing

30 March, 2015

Ashok Leyland sells Czech truck arm for $11M

Hinduja Group flagship Indian company Ashok Leyland Ltd, the second-largest commercial vehicle maker in the country, has sold its entire ......

Japan's Shiroki restructures JV with auto component maker Technico Industries

Manufacturing

27 March, 2015

Japan's Shiroki restructures JV with auto component maker Technico Industries

Japanese automobile components maker Shiroki Corp has restructured its existing partnership with Haryana-based Technico Industries Ltd where it has taken ......

Inox Wind IPO subscribed over 18x, allays concerns on state of primary market

Manufacturing

24 March, 2015

Inox Wind IPO subscribed over 18x, allays concerns on state of primary market

The initial public offer of wind power solutions provider Inox Wind Ltd sailed through easily and was subscribed 18.5x the ......

Pricol sells entire 49% stake in JV with Denso to Japanese partner for $3.2M

Manufacturing

17 March, 2015

Pricol sells entire 49% stake in JV with Denso to Japanese partner for $3.2M

Coimbatore-based automotive components manufacturer Pricol Ltd has sold its entire 49 per cent stake in DENSO Pricol India Pvt Ltd ......

Amtek Auto acquires German forgings company Scholz

Manufacturing

17 March, 2015

Amtek Auto acquires German forgings company Scholz

Arvind Dham-led automotive component supplier Amtek Auto Ltd has acquired Germany-based forgings maker and specialty steel trader Scholz Edelstahl GmbH ......

IL&FS PE, Franklin Templeton's PE arm & Asia Mezzanine Capital exit SFO Technologies

Manufacturing

13 March, 2015

IL&FS PE, Franklin Templeton's PE arm & Asia Mezzanine Capital exit SFO Technologies

IL&FS Investment Managers (IIML) or IL&FS Private Equity, Franklin Templeton's private equity arm Darby and Asia Mezzanine Capital Group have ......

Reliance Infra buying management control of Pipavav Defence for over $187M

Manufacturing

10 March, 2015

Reliance Infra buying management control of Pipavav Defence for over $187M

Anil Ambani-controlled Reliance Infrastructure Ltd has pipped several other business groups including Munjals of Hero and Mahindras to ink a ......

Volvo sells 4.7% stake in Eicher Motors for around $310M

Manufacturing

04 March, 2015

Volvo sells 4.7% stake in Eicher Motors for around $310M

AB Volvo, a Swedish auto manufacturing company, has sold 4.7 per cent or over half of its holding in Eicher ......

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IFC part-exits Ramkrishna Forgings with 3.6x in two years

Manufacturing

24 February, 2015

IFC part-exits Ramkrishna Forgings with 3.6x in two years

International Finance Corporation (IFC), the private sector arm of the World Bank Group, has part exited its two-year-old investment in ......

PineBridge-backed engineering firm Uniparts gets SEBI's approval for IPO

Manufacturing

23 February, 2015

PineBridge-backed engineering firm Uniparts gets SEBI's approval for IPO

Noida-headquartered manufacturer of engineered systems and solutions Uniparts India Ltd has received capital markets regulator Securities and Exchange Board of ......