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WestBridge Capital picks stake in AIA Engineering for $24M

Manufacturing

28 March, 2014

WestBridge Capital picks stake in AIA Engineering for $24M

Private equity firm WestBridge Capital has picked around 2.83 per cent stake in Ahmedabad-based engineering components maker AIA Engineering for ......

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Reliance PE investing $2.5M in control valve maker Dembla

Manufacturing

28 March, 2014

Reliance PE investing $2.5M in control valve maker Dembla

Reliance Private Equity is in an advanced stage of discussions to invest $2.49 million or Rs 15 crore in Dembla Valves ......

Frontline Strategy exits Valiant Communications, Alfa Transformers with huge loss

Manufacturing

24 March, 2014

Frontline Strategy exits Valiant Communications, Alfa Transformers with huge loss

Strategic Ventures Fund (SVF), managed by Indian private equity firm Frontline Strategy, has exited two of its eight-year old investments ......

Amtek India buys German auto component firm Kuepper

Manufacturing

18 March, 2014

Amtek India buys German auto component firm Kuepper

Automotive component supplier Amtek India Ltd has acquired Germany's Kuepper Group of companies for an undisclosed amount through its wholly-owned ......

What next if Avantha Group sells holding in engineering major Crompton Greaves

Manufacturing

14 March, 2014

What next if Avantha Group sells holding in engineering major Crompton Greaves

Gautam Thapar-led Avantha Group is mulling to offload its entire 42.7 per cent equity stake in the flagship company Crompton ......

Swedish engineering firm Sandvik appoints Parag Satpute as country manager for India

Manufacturing

13 March, 2014

Swedish engineering firm Sandvik appoints Parag Satpute as country manager for India

Sandvik Asia, the Indian arm of the Swedish mining & construction company Sandvik Smith AB, has appointed Parag Satpute as ......

Havells may raise funding by listing global lighting arm Sylvania in London

Manufacturing

12 March, 2014

Havells may raise funding by listing global lighting arm Sylvania in London

Electrical equipment maker Havells India Ltd is planning to raise money by listing its Europe headquartered international lighting arm Sylvania ......

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Warburg Pincus offloads 3.16% stake in Amtek Auto at loss

Manufacturing

11 March, 2014

Warburg Pincus offloads 3.16% stake in Amtek Auto at loss

Private equity major Warburg Pincus has offloaded half of its remaining stake in automotive component supplier Amtek Auto Ltd over ......

Lumax Auto forms 55:45 JV with Japan's Mannoh Industrial for gear shift lever systems

Manufacturing

05 March, 2014

Lumax Auto forms 55:45 JV with Japan's Mannoh Industrial for gear shift lever systems

Auto component maker Lumax Auto Technologies Ltd has signed a joint venture (JV) agreement with Japan's Mannoh Industrial Co Ltd ......

CBI to probe bribery charges in $1.2B Rolls-Royce

Manufacturing

03 March, 2014

CBI to probe bribery charges in $1.2B Rolls-Royce

The defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited's (HAL) purchase of ......