Optiemus Infracom, an electronics contract manufacturer on Friday announced completion of sale of one of its real estate assets in Noida for ₹285 crore. “…this is to inform you that after obtaining approvals...
Dixon Technologies arm inks deal with HMD India for manufacturing Nokia smartphones
Dixon Technologies, a contract manufacturer of electronic goods, on Monday, said its wholly-owned subsidiary Padget Electronics has entered into an agreement with HMD India for manufacturing Nokia smartphones...
ReNew Power to invest ₹2,000 crore set up India solar cell manufacturing unit
ReNew Power plans to start manufacturing solar cells and modules in India, the company said on Thursday. The renewable energy firm will invest ₹1,500-2,000 crore to set up a facility which will initially have a 2GW...
Piramal Pharma Solutions to acquire manufacturing facility of G&W Laboratories in US
Piramal Enterprises Ltd’s Pharma Solutions business, a contract development and manufacturing organization, on Saturday announced that it has entered into an agreement with G&W Laboratories Inc. to acquire its...
Philips to invest Rs 300 crore in India manufacturing, R&D
The company also sees demand increasing for its connected care solutions amid the Covid-19 pandemic and will work towards more public-private-partnerships (PPP) in this space. Dutch healthtech and consumer electronics...
Consolidated Aerospace Manufacturing up for sale: sources
Consolidated Aerospace Manufacturing LLC (CAM) is exploring a sale that could value the manufacturer of fasteners and other components for the aerospace industry at around $1 billion, including debt, according to people...
Legrand India to scale up manufacturing, also open to acquisitions: CEO
French electrical equipment maker Legrand plans to scale up its manufacturing capability in India as it diversifies its presence here and scouts for acquisition opportunities with an eye on the local market potential...
SunPower to spin off solar panel manufacturing, shares rise
U.S. solar company SunPower said on Monday it will split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and energy services, sending its shares up as much as...
Kinetic Engineering eyeing partnership for battery and motor manufacturing
Kinetic Engineering, the erstwhile maker of the Luna mopeds and the Kinetic scooter, is exploring partnerships to get into battery and electric motor manufacturing in India amid the government’s push for developing...
Tata International exits trailer manufacturing biz by selling its arm to Canyon Point for Rs 305 cr
The country’s largest selling trailer maker, Tata International DLT, a 50:50 joint venture company between Tata International Limited and Sri Lanka based Dutch Lanka Trailer Manufacturers (DLTM) Friday said it has...
Azure bid for manufacturing-linked solar tender rejected
The government has decided to reject the sole bid it had received from Azure Power for its first ever manufacturing-linked solar tender following dissatisfaction with the quoted price, power and renewable energy...
China and India keen on joint ventures in manufacturing e-vehicles
China and India, the world’s two largest greenhouse gas emitters, are keen on joint ventures in manufacturing electric vehicles as companies from both countries held talks at a three-day event in Beijing...