Component companies stay on road to Mexico despite tariff fearsIndian auto parts makers with operations in Mexico are cautiously continuing expansion plans despite US tariff uncertainties. Major firms l...
Bain Capital buys into Dhoot Transmission GroupBain Capital has made a strategic growth investment in Dhoot Transmission Group, acquiring a 40-45% stake at a $1 billion valuation. The pa...
UltraTech's India Cements stake buy a win-win for both. Here's what analyst said on industry consolidationUltraTech Cement's Rs 1,885 crore stake purchase in India Cements is expected to be mutually beneficial for both companies and would consol...
Andhra-based stocks extend gains up to 62% in 4 sessions, riding high on TDP winShares of Andhra Pradesh-based firms continued surging despite muted headline indices. The rally, sparked by Chandrababu Naidu's election w...
The Machinist Super Shopfloor Awards 2017The Machinist awards India’s top manufacturing plants India’s leading manufacturing plants like Hyundai Chennai , Ashok Leyland Pantnagar a...
Piramal Finance expands investment focus to auto component space, lends Rs 565 crore in two transactionsThe company said the investments were made through the Corporate Finance Group (CFG), erstwhile Structured Finance Group, of Piramal Financ...
RSB Transmissions to set up propeller shaft manufacturing facility in Sri City, Andhra PradeshPune based engineering firm RSB Transmissions will be setting up a propeller shaft manufacturing facility in Sri City, Andhra Pradesh.
Odisha state PSU seeks to terminate mining JVs with Rio Tinto, Sesa Sterlite, HindalcoOrissa Mining Corporation has issued a notice to Sesa Sterlite, asking it to show reasons for not cancelling the JV under which bauxite was...
Centre positive on time-bound completion of Odisha mega projects"This exercise has been helpful for expediting forest clearance, environment clearance, land acquisition and other statutory clearances," S...
- RSB Ind gets nod for alumina refinery in Orissa
RSB Industries, headquartered in Pune, is planning to enter the aluminium refining and smelting sector in Orissa.
- Bharat Forge to tap potential in core mfg biz
Bharat Forge, the world's second largest forgings maker, has chalked out plans to expand its core manufacturing biz and tap the growing pot...
- Kalyani group buys German energy co
The $2.1-billion Kalyani group on Monday announced the acquisition of RSB Consult GmbH, a design and consulting house in the wind energy se...
- RSB to produce high-speed trailers
RSB Transmissions on Tuesday said it is in talks with a German firm to float a joint venture (JV) company at an initial investment of Rs 13...
- IL&FS, Evolvence pump Rs 154cr in RSB
IL&FS Investment Managers and Evolvence invest Rs 154 crore in RSB Group through private equity placement.
- IL&FS and Evolvence invest Rs 154 cr in RSB
RSB Group announced Rs 154.35 crore of private equity placement by IL&FS Investment Managers as lead investor along with Evolvence.
- UK's Caparo plans £100mn India spread
Caparo, the UK-based speciality steel and engineering group headed by Lord Swaraj Paul - the Labour peer - plans to spend over £100 million...
- IFC wants a pie of buyout financing
The International Finance Corporation (IFC), the private sector arm of World Bank, is looking at acquisition financing in a big way to corp...