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Honda Motor to invest about $331 million on its production capacity expansion...

According to the Wall Street Journal, Honda Motor Co.’s (HMC) Indian two-wheeler unit will invest about $331 million, approximately INR15 billion, on its production capacity expansion plan. A source...

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Schneider Electric acquires majority stake in India’s Luminous Power...

Schneider Electric announced Tuesday that it has signed an agreement to acquire 74% of Luminous Power Technologies Pvt. Ltd., a market leader in India that provides inverters, UPS and power storage...

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HSIL Limited buys 60% stake of Garden Polymers Pvt Ltd

HSIL Limited, India’s leading Building Products and Container Glass Company has signed Share Purchase Agreement (SPA) with existing promoter shareholders of Garden Polymers Pvt. Ltd. (Garden), to...

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Carlyle invests US$25 million in India’s manufacturer of water-based polymer...

An affiliate of global alternative asset manager, The Carlyle Group, has invested US$25 million in Visen Industries Limited, a large manufacturer of water-based polymer emulsions in India. Funds from...

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Navis Capital Partners buys majority stake in Classic Stripes Private Limited

The Economic Times (ET) of India Monday reported that Navis Capital Partners has bought majority stake in Mumbai-based Classic Stripes Private Limited for $100 million. The funds raised will be used...

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Japan’s Kokuyo S&T Co acquires India’s Camlin

Kokuyo S&T Co Ltd, a consolidated subsidiary of Kokuyo Co Ltd, announced it had acquired a majority of Camlin shareholding. Camlin Limited is a major manufacturer of stationery and color products...

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Dana Holding Corp. completes acquisitions to enhance its growth in emerging...

Dana Holding Corporation announced Wednesday that it has completed two transactions that will enhance its position for further growth in the emerging markets of China and India. Dana acquired the...

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Gravita India Acquires majority stake In Metal Inc

Deal Curry Wednesday reported Gravita India Ltd has acquired a majority 80% stake in Jammu & Kashmir-based Metal Inc. The Company is also under process to acquire the balance 20% in Metal Inc,...

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Continental AG completes acquisition of 100% shareholding in Modi Tyres...

Continental, one of the leading international automotive suppliers and the world’s fourth largest tire manufacturer, has acquired 100% shareholding in Modi Tyres Company Limited (MTCL), a subsidiary of...

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Royal Philips keen on creating an innovation hub in India to develop locally...

The Times of India Monday reported that Dutch consumer electronics firm Royal Philips is keen on turning India into an innovation hub for the development of more locally relevant products, particularly...

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