Bharat Forge

Indian firm LIC cuts stake in Bharat Forge

Indian state-run insurance firm Life Insurance Corp (LIC) sold a 2.001% stake in Pune-based metal forger Bharat forge in a deal valued at INR150.53 crore, reducing its total stake in the company to 5.0205%.

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Bharat Forge founders to raise $300 mln in wind energy arm-sources

The founders of Indian auto components maker Bharat Forge are in talks with private equity firms to sell a $300 million stake in their wind energy firm Kenersys.

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