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Tatas-owned Jaguar Land Rover buys stake in car technology firm CloudCar

Manufacturing

06 January, 2017

Tatas-owned Jaguar Land Rover buys stake in car technology firm CloudCar

Britain's biggest carmaker Jaguar Land Rover said on Friday it was buying a minority stake in connected car technology firm ......

Mahindras exit JV with auto components maker Sona Group

Manufacturing

06 January, 2017

Mahindras exit JV with auto components maker Sona Group

Auto-to-software conglomerate Mahindra Group has exited a joint venture it had formed with auto components maker Sona Group nearly two ......

China's SAIC plans to acquire GM's Gujarat car plant

Manufacturing

06 January, 2017

China's SAIC plans to acquire GM's Gujarat car plant

A subsidiary of China's top carmaker SAIC Motor Corp plans to acquire certain General Motors manufacturing assets in India, a ......

Tata Motors shareholders vote to remove Nusli Wadia

Manufacturing

23 December, 2016

Tata Motors shareholders vote to remove Nusli Wadia

Tata Motors Ltd said on Friday its shareholders have voted to remove Wadia Group chairman Nusli Wadia as an independent ......

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Special situations-focused PE firm Mount Kellett logs another poor exit

Manufacturing

16 December, 2016

Special situations-focused PE firm Mount Kellett logs another poor exit

Distressed assets and special situations-focused private investment firm Mount Kellett Capital Management has completely exited one of its Indian portfolio ......

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Blackstone strikes gold with its best returns from an Indian firm

Manufacturing

15 December, 2016

Blackstone strikes gold with its best returns from an Indian firm

Alternative assets fund manager Blackstone, which made one loss-making partial exit and two below-average exits from its India portfolio this ......

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SAIF Partners raises stake in new PIPE portfolio firm

Manufacturing

14 December, 2016

SAIF Partners raises stake in new PIPE portfolio firm

Multi-stage private investment firm SAIF Partners, which built a fairly active public equities portfolio in the past and has revived ......

Tata Sons shells out $360 mn to up stake in Tata Motors

Manufacturing

13 December, 2016

Tata Sons shells out $360 mn to up stake in Tata Motors

Tata Sons Ltd acquired 5 crore Tata Motors Ltd shares on Tuesday, representing a 1.73% stake, that could prove crucial ......

Tata Steel removes Cyrus Mistry as chairman, names OP Bhatt interim chief

Manufacturing

25 November, 2016

Tata Steel removes Cyrus Mistry as chairman, names OP Bhatt interim chief

Tata Steel Ltd said on Friday its board has removed Cyrus Mistry from the chairman’s post with immediate effect and ......

Bharat Forge to buy US-based Walker Forge for $14 mn

Manufacturing

18 November, 2016

Bharat Forge to buy US-based Walker Forge for $14 mn

Auto components major Bharat Forge will buy US-based Walker Forge Tennessee LLC (WFT) for USD 14 million (around Rs 95 ......