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CETHAR VESSELS
PE funds like Motilal Oswal, Baring and IDFC tap small town venturesCompanies based in tier-II and III towns and cities are clocking a steady rate of growth, attracting investor interest towards these non-me...
Power cos cancel 6,000 crore equipment orders; very few contracts awardedPower companies have cancelled about Rs 6,000 crore equipment orders in the past few months, leaving domestic equipment suppliers in distre...
- NTPC won't call fresh bids even if there's only 1 bidder
The state utility has clarified in bid documents that if only one bidder qualifies, NTPC has rights to award as many contracts as the compa...
- Baring PE may buy stake in Trichy co
US-based private equity major Baring Private Equity Partners is in talks with the promoters of Cethar Vessels, an unlisted power equipment ...
- Cethar Vessels to float JV with OJSC, Russia
Trichy based Cethar Vessels, a power equipment manufacturer, has signed an MoU with OJSC power machines of Russia to take up the manufactur...
- Cethar makes a power move with PE backing
For private equity (PE) players, mid-sized, family-owned companies in India still retain their charm.
- Private now chases small-town dreams
The rapidly-growing family-owned firms are likely to give PE funds higher returns in the future.
- Surana Industries finalises Rs 58 crore contract
Steel manufacturer, Surana Industries Ltd on Friday said it has finalised contract for supply of equipment worth Rs 58 crore for its new in...