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AVTEC LTD
Manufacturing unicorn Zetwerk acquires 3 firms for Rs 100 cr to boost industrial businessZetwerk aims to strengthen its industrial vertical business in the oil and gas, aerospace, defense, and infrastructure component segments.- Hindustan Motors plans to divest manufacturing units in West Bengal and Madhya PradeshIn a regulatory filing, it said the board has decided to obtain shareholders' approval for 'sale, lease' or disposal of 'the whole or subst...
- Citroen starts commercial production of C5 Aircross SUV in IndiaIn the initial phase, the company will have such showrooms in 10 main cities in India, including Delhi, Gurugram, Mumbai, Kolkata, Bengalur...
- CK Birla Group commits Rs 35 cr to PM-CARES FundCK Birla group on Saturday said it will contribute Rs 35 crore to help the government fight against Covid-19 pandemic.
- Groupe PSA to source Rs 15,000 crore of India auto components in 3-5 yearsThe components include critical parts such as engines, gearboxes and electronic parts for its global operations.
- CK Birla Group arm Avtec to invest Rs 600 crore in EV, BS-VI techThe investment — it excludes the Rs 500 crore it is investing in PSA-Avtec Powertrain, an equally owned joint venture with French automaker...
- Warburg Pincus buys Legal & General’s 26% stake in IndiaFirst Life for Rs 710 crLaunched in 2010, Mumbai-headquartered IndiaFirst Life Insurance is one of country’s youngest life insurance companies.
- India’s auto-parts makers ready for Bharat Stage VI emission normsIndia’s auto-parts makers are ready for the shift to Bharat Stage VI emission norms. Most of them showcased their technological preparednes...
- Blackstone pays Rs 660 crore to get driver’s seat in Agile Electric WorksAfter a gap of six years, Blackstone, one of the world's largest private equity firms, is back with a management buyout.
- Actis to buy 25% in steroids maker Symbiotec Pharmalab for Rs 300 crorePrivate equity fund Actis is looking to purchase more than 25% stake in cortico steroids maker Symbiotec Pharmalab for around $50 million.
- Warburg Pincus buys stake in Avtec LtdPrivate equity firm Warburg Pincus has bought a minority stake in engineering equipment maker Avtec Ltd for an undisclosed amount.
- Marathoners: Meet few veteran fund managersA typical PE fund is raised and closed in seven years or so. Often, fund managers don’t stay the course. Here are a few that have dug in de...
- Private equity deal pricing to get rational on lesser capital: Paul Fletcher, ActisActis has stakes in Dalmia Cement, AVTEC, IDFC, GVK, Sterling Hospitals, Halonix, TEMA, NSE and Nilgiris Dairy among others.
- Avtec ties up with Switzerland's AssagC K Birla Group engine maker Avtec today said it has tied up with Swiss firm Assag for development of future products.
- Global private equity firm Actis PE buys 10-13% stake in Indian auto component maker Endurance Technologies for $71 millionGlobal private equity firm Actis PE has picked up 10-13% stake in Indian auto component maker Endurance Technologies for $71 million.
- Birlasoft acquires Avtec's engineering design services teamIT services firm Birlasoft on Wednesday said it has acquired the engineering design services team of Avtec as part of its strategic move to...
- Actis raises $750 m for emerging mkt infra playPrivate equity firm Actis, which has so far focussed on emerging markets, has closed its second infrastructure fund of $750 million - about...
- 'Company's outlook on Indian growth story remains positive'The company’s outlook on the Indian growth story remains positive, says PE investor Actis’ South Asia business head JM Trivedi.
- It's a question of riding out the stormHindustan Motors, maker of the once-iconic Ambassador car, is now better known for its Mitsubishi range.
- AVTEC implements OracleAutomotive engines and transmission manufacturers AVTEC has completed the implementation of Oracle business applications software in its ma...
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