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Engineering

Sun Pharma promoters to buy 23% stake in Suzlon for $290M

Manufacturing

17 February, 2015

Sun Pharma promoters to buy 23% stake in Suzlon for $290M

Billionaire Dilip Shanghvi and his associates, the promoters of India's top drugmaker by market value Sun Pharma, are investing Rs ......

Auto parts maker Rico consolidating part of the group, to sell 10% stake in one arm

Manufacturing

30 January, 2015

Auto parts maker Rico consolidating part of the group, to sell 10% stake in one arm

Auto component manufacturer Rico Auto Industries Ltd has received its board's approval to transfer its investment in three units to ......

Tata Power to acquire NELCO's defence sensors business

Manufacturing

29 January, 2015

Tata Power to acquire NELCO's defence sensors business

India's largest private sector power producer Tata Power Co Ltd has entered into a binding agreement to acquire NELCO 's ......

Blackstone selling auto parts co Agile Electric for $106M; score 2x in under two years

Engineering

22 January, 2015

Blackstone selling auto parts co Agile Electric for $106M; score 2x in under two years

Private equity firm Blackstone has inked a deal to sell its entire stake in privately held auto parts maker Agile ......

Suzlon selling German wind turbine arm Senvion for up to $1.2B

Manufacturing

22 January, 2015

Suzlon selling German wind turbine arm Senvion for up to $1.2B

Suzlon Group has signed a binding agreement with US-based private equity firm Centerbridge Partners LP to sell its entire stake ......

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India Value Fund exits Mahindra CIE with 4.5x

Manufacturing

21 January, 2015

India Value Fund exits Mahindra CIE with 4.5x

Mid-market control-oriented private equity firm India Value Fund Advisors (IVFA) has sold its entire holding in Mahindra CIE Automotive (formerly ......

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India Value Fund part-exits auto component firm Mahindra CIE with over 4x

Manufacturing

16 January, 2015

India Value Fund part-exits auto component firm Mahindra CIE with over 4x

Mid-market control-oriented private equity firm India Value Fund Advisors (IVFA) has sold close to one-third of its holding in Mahindra ......

Crompton Greaves in pact with French firm Arelis to manufacture electronic goods

Manufacturing

14 January, 2015

Crompton Greaves in pact with French firm Arelis to manufacture electronic goods

Crompton Greaves Ltd (CG), a part of Gautam Thapar-promoted Avantha Group, has inked a memorandum of understanding (MoU) with France-based ......

Sequoia Capital exits TD Power with average IRR; Ronnie Screwvala among others buy

Manufacturing

08 January, 2015

Sequoia Capital exits TD Power with average IRR; Ronnie Screwvala among others buy

Sequoia Capital has exited its over three-year-old investment in power equipment maker TD Power Systems Ltd through an open market ......

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New Vernon scores 6x on part-exit from 9-yr old investment in Setco

Manufacturing

06 January, 2015

New Vernon scores 6x on part-exit from 9-yr old investment in Setco

New Vernon Private Equity, a part of New Jersey-based investment firm New Vernon Capital, has sold almost a quarter of ......