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Timken completes acquisition of Engineered Solutions Group

The Timken Company, a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH).Read more

Bizongo boosts AI offerings with acquisition of FactoryPlus

The integration of FactoryPlus into Bizongo's platform will enable the provision of an AI-powered raw material procurement solution for MSMEs.Read more

GAIL inks Rs 63,000 cr deal with BPCL for Propane Supply in Maharashtra

Currently, the unit has a capacity of 1 million metric tonnes per annum (MMTPA) and is expanding to handle 3 MMTPA of propane and butane imports.Read more

Raymond expands engineering portfolio with MPPL stake acquisition for Rs 682 cr

MPPL operates in high-growth sectors such as Aerospace, Electric Vehicles (EV), and Defense. The acquisition will be executed through Ring Plus Aqua Limited (RPAL).Read more

SMEL expands metal empire with Mittal Corp acquisition and bold growth plans

This strategic move involved the establishment of two cutting-edge manufacturing facilities, namely Unit I and Unit II, located in the state of Madhya Pradesh.Read more

Motherson bolsters aerospace portfolio with strategic acquisitions

Motherson's aerospace division is strategically expanding its capabilities, progressively diversifying its services for aerospace original equipment manufacturers.Read more

India boosts Make in India with Rs 45,000 cr defense hardware purchase

This comprehensive purchase encompasses new fighter aircraft, missiles, versatile light armoured vehicles, integrated surveillance and targeting systems, as well as survey vessels, all designed to modernise its armed forces.Read more

RKFL aims to double revenue with Strategic Expansion Plan

The company, headquartered in Calcutta with manufacturing facilities in Jamshedpur, is pinning its hopes on several key developments including acquisition of JMT Auto.Read more

Intel and Tower Semiconductor forge new partnership after failed acquisition

Tower Semiconductor will invest up to $300 million to acquire equipment and other assets that will be stationed within Intel's manufacturing facility in New Mexico, USA, operated by Intel Foundry Services.Read more

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