On 19th September Delta Magnets Ltd announced the merger of Arrow Textiles Ltd and MMG India Private Ltd with Delta Magnets Ltd. Post-merger the name of Delta Magnets Ltd will change to Delta Manufacturing Limited. ...
Nokia waiting for nod to sell defunct manufacturing plant
Finnish telecom equipment maker Nokia Corp. may have resolved its long-standing tax dispute with the Indian government, but it still faces a long haul before it can sell its now-defunct phone manufacturing plant in the...
Hilleman Labs to partner future vaccine manufacturing hub
Hilleman Laboratories, a joint- venture between pharma major MSD and Wellcome Trust, today said it has partnered a new future vaccine manufacturing hub led by Imperial College, London. UK Department for Health has...
Bajaj Electricals to revive manufacturing business of Hind Lamps Ltd.
In November 2015, the Board of Directors of Bajaj Electricals Ltd and Hind Lamps Ltd approved the scheme of arrangement for demerger of manufacturing business of Hind Lamps Ltd to Bajaj Electricals Ltd. Bajaj...
Lux acquires manufacturing, marketing rights of Virat Kohli’s brand One8
A wholly owned subsidiary of Lux Industries acquired the manufacturing and marketing rights of premium innerwear category of Indian Cricket Team Captain Virat Kohli’s brand One8. “We have just acquired the...
Russia’s Rosatom eyes Inox’s wind turbine manufacturing business
Russia’s Rosatom State Atomic Energy Corp. is exploring an investment in Inox Group’s wind turbine manufacturing business, said two people aware of the development. The Russian government company’s interest in India’s...
Schindler to invest Rs 170 cr to expand manufacturing facilities in India
Leading providers of escalators and elevators Schindler India is all set to invest Rs. 170 crores to expand its manufacturing facilities by setting up India’s first Escalator manufacturing line and towards...
Manufacturing software company Plex Systems explores sale: sources
Plex Systems Inc, a privately held U.S. maker of software used to run manufacturing plants, is exploring a potential sale which it hopes will value it at more than $1 billion, including debt, according to people...
Saab, Adani Group in discussions for fighter jet manufacturing deal
Saab AB of Sweden, makers of Gripen fighter jets, is in talks with the Gautam Adani-led Adani Group for a manufacturing partnership, a person aware of the development said. Saab is one of two firms in the race for...
Time Technoplast – Acquisition of Bahrain based battery manufacturing Company
Time Technoplast – Acquisition of Bahrain based battery manufacturing Company Time Technoplast Ltd has announces acquisition of 100% shareholding in Gulf Powerbeat WLL (GPW), Kingdom of Bahrain – through its...
SEL Manufacturing acquires 99% stake in firm Kudu Industries
SEL Manufacturing acquires 99% stake in firm Kudu Industries SEL Manufacturing Company Ltd has informed BSE that the Company has increased its stake to 99% in Kudu Industries, Ludhiana as a partner in the said...
Actavis acquires Grandix manufacturing plant
Actavis acquires Grandix manufacturing plant Actavis Group, an international generic pharmaceuticals company has acquired the three-year-old manufacturing factory of Chennai-based Grandix Pharma for an undisclosed sum...