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McNally Bharat to buy 60% stake in Neemrana realty project, sell 30% stake to Pasari family

Manufacturing

20 February, 2017

McNally Bharat to buy 60% stake in Neemrana realty project, sell 30% stake to Pasari family

Construction and engineering firm McNally Bharat Engineering Co Ltd will acquire a majority stake in Vedica Sanjeevani Projects Pvt. Ltd ......

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Jabil to buy part of Ericsson's India EMS biz

Manufacturing

14 February, 2017

Jabil to buy part of Ericsson's India EMS biz

Jabil Circuit India Pvt Ltd, the local unit of New York-listed Jabil Circuits Inc, has proposed to acquire a part ......

Top court stays tribunal order against carmakers in spare parts case

Manufacturing

06 February, 2017

Top court stays tribunal order against carmakers in spare parts case

The Supreme Court has stayed an order of the Competition Appellate Tribunal that held the Indian units of three carmakers ......

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WestBridge pockets smart returns from industrials portfolio

Manufacturing

03 February, 2017

WestBridge pockets smart returns from industrials portfolio

Private equity firm WestBridge Capital has once again pushed the exit button on one of its fairly young portfolio companies ......

JTEKT Corp to buy out Indian partner in Sona Koyo Steering

Manufacturing

04 February, 2017

JTEKT Corp to buy out Indian partner in Sona Koyo Steering

Japan’s JTEKT Corp on Wednesday inked an agreement to buy out its Indian joint venture partner from auto component maker ......

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Did Multiples Private Equity generate any returns from Sara Sae exit?

Manufacturing

30 January, 2017

Did Multiples Private Equity generate any returns from Sara Sae exit?

Private equity firm Multiples Alternate Asset Management Pvt. Ltd has exited its debut investment by selling its entire stake in ......

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Nissan Motor challenges tribunal order in Supreme Court

Manufacturing

30 January, 2017

Nissan Motor challenges tribunal order in Supreme Court

The Indian unit of Japan’s Nissan Motor Company has approached the Supreme Court against an order of the Competition Appellate ......

Mahindra to buy majority stake in Turkey's Hisarlar for $19 mn

Manufacturing

20 January, 2017

Mahindra to buy majority stake in Turkey's Hisarlar for $19 mn

Mahindra & Mahindra Ltd, India’s biggest tractor maker, said on Friday it has agreed to acquire a 75.1% stake in ......

Motherson Sumi to acquire Finland's PKC Group for up to $610 mn

Engineering

20 January, 2017

Motherson Sumi to acquire Finland's PKC Group for up to $610 mn

Motherson Sumi Systems Ltd, India's largest auto-component maker, has agreed to acquire Finland's PKC Group Plc for as much as ......

India December auto sales post steepest drop in 16 years on cash woes

Manufacturing

10 January, 2017

India December auto sales post steepest drop in 16 years on cash woes

India's automobile sales saw their biggest monthly fall in 16 years in December after Prime Minister Narendra Modi's ban on ......