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Engineering

HPL Electric cuts IPO size

Manufacturing

14 September, 2016

HPL Electric cuts IPO size

HPL Electric & Power Ltd has pruned the size of its initial public offering by a fifth. The firm said ......

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How much returns did Kedaara Capital generate in Bill Forge part-exit?

Manufacturing

13 September, 2016

How much returns did Kedaara Capital generate in Bill Forge part-exit?

Private equity firm Kedaara Capital has logged its second exit activity from its fairly young portfolio as it is selling ......

L&T Technology IPO gets off to a slow start

Manufacturing

12 September, 2016

L&T Technology IPO gets off to a slow start

The initial public offering (IPO) of L&T Technology Services Ltd got off to a slow start with just under a ......

Mahindra CIE Automotive to acquire Kedaara-backed Bill Forge

Engineering

12 September, 2016

Mahindra CIE Automotive to acquire Kedaara-backed Bill Forge

Automotive components supplier Mahindra CIE Automotive Ltd (MCAL) has inked a deal to buy Bengaluru-based Bill Forge Pvt. Ltd, which manufactures ......

Motherson Sumi to acquire Hungarian firm's automotive biz for $11.7 mn

Manufacturing

07 September, 2016

Motherson Sumi to acquire Hungarian firm's automotive biz for $11.7 mn

Motherson Sumi Systems Ltd, India’s biggest auto component maker, said on Wednesday it has agreed to acquire the automotive business ......

Ashok Leyland to buy out Nissan from three joint ventures

Manufacturing

07 September, 2016

Ashok Leyland to buy out Nissan from three joint ventures

Marking an end to their 8-year-old partnership, Ashok Leyland and Nissan Motor Co today agreed to part ways with the ......

Advent and Temasek's open offer for Crompton Greaves Consumer fails

Manufacturing

02 September, 2016

Advent and Temasek's open offer for Crompton Greaves Consumer fails

Private equity firm Advent International Corp and Singapore state investment firm Temasek Holdings failed to buy any significant number of ......

L&T Technology eyes $1.3 bn valuation in IPO

Manufacturing

06 September, 2016

L&T Technology eyes $1.3 bn valuation in IPO

Larsen & Toubro Ltd (L&T), India's biggest engineering firm, is seeking a valuation of as much as Rs 8,745 crore ......

Maini Precision gets private equity funding from Paragon Partners; skips IPO

Engineering

29 August, 2016

Maini Precision gets private equity funding from Paragon Partners; skips IPO

Private equity firm Paragon Partners and unnamed co-investors have invested Rs 111 crore ($16.5 million) in Bangalore-based manufacturer and supplier ......

Senvion acquires Kalyani Group's wind turbine unit Kenersys

Manufacturing

17 August, 2016

Senvion acquires Kalyani Group's wind turbine unit Kenersys

German wind turbine maker Senvion SA has agreed to acquire the assets and services business of Kenersys India Pvt. Ltd, ......