Engineering
Manufacturing
Ravi Uppal steps down from L&T board
Ravi Uppal is stepping down from the board of India’s largest engineering company Larsen & Toubro (L&T) in a high ......
Manufacturing
L&T to sell plastics machinery business to Toshiba
Engineering major Larsen & Toubro is in talks to sell its plastics machinery business subsidiary L&T Plastics Machinery Ltd (LTPML) ......
Manufacturing
SAAB to invest $38M in PE-backed Pipavav Defence and Offshore Engineering
Swedish defence and security company SAAB has signed a memorandum of understanding (MoU) with Pipavav Defence and Offshore Engineering Co ......
Manufacturing
Mitsui picks up 30% in plumbing major Toto's India unit for $10.9M
Japanese conglomerate Mitsui & Co., Ltd is picking a 30 per cent stake in the India arm of Toto Ltd, ......
Manufacturing
Standard Chartered PE invests $45M in engineering firm Inox India
Standard Chartered Private Equity (SCPE) has invested Rs 250 crore ($45 million) to pick up a minority stake in Vadodara-based ......
Manufacturing
StanChart PE invests $15.5M in IFC-backed Craftsman Automation
Standard Chartered Private Equity (SCPE) has invested Rs 85 crore ($15.5 million) for a minority stake in Craftsman Automation Private ......
Manufacturing
Oman India Joint Investment Fund acquires minority stake in Indus Teqsite
Oman India Joint Investment Fund, the private equity fund sponsored by Oman’s sovereign wealth fund and India’s largest lender State ......
Manufacturing
PE-backed Diamond Power buys stake in Maktel Control & Systems
Kotak PE and Clearstone-backed Diamond Power Infrastructure Ltd has acquired an undisclosed stake in privately held Maktel Control and Systems ......
Manufacturing
SAIF Partners buys 2.8% more in Blue Star for $8.5M
SAIF Partners, an Asia-focused venture and growth capital investor, has increased its shareholding to 4.2 per cent stake in Blue ......
Manufacturing
Murugappa Group to buy 44.12% promoter stake in Shanthi Gears for $53.3M
Murugappa Group’s flagship company, Tube Investments of India Ltd (TII), engaged in diversified operations such as auto-ancillary products, bicycle retailing, ......
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