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Joint Venture

Musashi India begins mass production of e-Axles for EV two-wheelers

Musashi India begins mass production of e-Axles for EV two-wheelers

Mon, Jun 24, 2024

The company said it plans to invest a total of Rs 160 crore in its EV business in phase I. This significant investment will be used to establish new assembly lines for EV transmission components and upgrade existing facilities.

Tata Tech soars over 7.30% after firm signs JV agreement with BMW; get details here

Tata Tech soars over 7.30% after firm signs JV agreement with BMW; get details here

Tue, Apr 02, 2024

Tata Tech and BMW will have a 50 per cent each stake in JV. The agreement between the two giants is for creating an automotive software and IT development hub in India. JV's automotive software will be used in BMW Group's premium vehicles.Both have plan to set up software development hubs in Pune, Bengaluru, and Chennai.

Zerodha forms joint venture with smallcase for AMC operations

Zerodha forms joint venture with smallcase for AMC operations

Wed, Apr 12, 2023

"While awaiting the final approval of our AMC (mutual fund), we asked if we should build it ourselves or collaborate. Given the 6+ years of experience that @smallcaseHQ has in building investment products, it made perfect sense to create a joint venture (JV) to build the AMC," Nithin Kamath founder and CEO of Zerodha tweeted.

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Exclusive: Government may release names of Drone PLI beneficiaries ahead of 30 June deadline, source tells Zee Business

Exclusive: Government may release names of Drone PLI beneficiaries ahead of 30 June deadline, source tells Zee Business

Mon, May 23, 2022

The government of India may soon release the names of the beneficiaries of the Drone Production Linked Incentive (PLI) scheme.

DVC, NTPC form JV for renewable power projects

DVC, NTPC form JV for renewable power projects

Thu, Mar 31, 2022

Damodar Valley Corporation (DVC) on Wednesday said it signed a joint venture agreement with NTPC Renewable Energy Ltd, a fully owned subsidiary of the NTPC Limited, for renewable power projects in its command area. See Zee Business Live TV Streaming Below:

NSDL e-Gov and Sterling & Wilson enter into Joint Venture pact International Markets

NSDL e-Gov and Sterling & Wilson enter into Joint Venture pact International Markets

Thu, May 30, 2019

NSDL e-Gov and Sterling & Wilson today entered into a joint venture to offer comprehensive e-governance IT solutions along with business and Data Center support.

JV failure won’t impact Tata Steel’s India plans: Koushik Chatterjee

JV failure won’t impact Tata Steel’s India plans: Koushik Chatterjee

Tue, May 14, 2019

Tata Steel and Thyssenkrupp said on Friday they have decided against going ahead with their planned joint venture in Europe since it is unlikely to get the European Commission’s regulatory approval.

NTPC eyes 100% equity in some JVs with state utilities, stressed assets

NTPC eyes 100% equity in some JVs with state utilities, stressed assets

Sun, Feb 18, 2018

State-owned power giant NTPC is in talks for buying out equity of state utilities in some joint venture projects apart from taking over some of their stressed businesses as part of its drive to augment capacity.

Ahmedabad-Mumbai bullet train: Design work, JV talks in progress

Ahmedabad-Mumbai bullet train: Design work, JV talks in progress

Fri, Dec 08, 2017

Bullet trains will soon be a reality in India. A team of Japanese engineers has started the design work for bullet train project that will connect Mumbai and Ahmedabad, as reported by Livemint.

Here's why automobile firms like Mahindra, Ford forge alliances despite several failures

Here's why automobile firms like Mahindra, Ford forge alliances despite several failures

Wed, Sep 20, 2017

Mahindra & Mahindra tied up with Ford Motor to look at a strategic alliance that will help both companies in the Indian as well as global markets

Force Motors announces JV with Rolls-Royce to produce engines; shares jump 5%

Force Motors announces JV with Rolls-Royce to produce engines; shares jump 5%

Tue, Sep 12, 2017

Force Motors announced a joint venture with Rolls-Royce to produce engines in India.

Nearly half of McDonald's fast-food stores in India may shut down in 15 days

Nearly half of McDonald's fast-food stores in India may shut down in 15 days

Wed, Aug 23, 2017

169 outlets of McDonald's in the North and East India could shut down as the fast food giant ends its joint venture partnership with CPRL.

SAIL, ArcelorMittal JV may be finalised this month: Chaudhary Birender Singh

SAIL, ArcelorMittal JV may be finalised this month: Chaudhary Birender Singh

Wed, May 24, 2017

SAIL, ArcelorMittal JV may be finalised this month: Chaudhary Birender Singh.Watch the full segment for more details.

Despite several automobile JV splits will Tata Motors, VW tie-up go the distance?

Despite several automobile JV splits will Tata Motors, VW tie-up go the distance?

Fri, Mar 10, 2017

Tata Motors and Volkswagen Group on Friday signed a Memorandum of Understanding (MoU) aimed at establishing a joint development projects.

Softbank, Foxconn enter into JV for expansion in the US

Softbank, Foxconn enter into JV for expansion in the US

Fri, Feb 24, 2017

Foxconn will invest $600 million for a majority stake in Softbank's subsidiary.

Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture

Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture

Tue, Feb 21, 2017

Britannia on Tuesday said it has signed an memorandum of understanding (MoU) with Greece's cakes and confectionery major Chipita and it is in talks with the company to finalise joint venture.

L&T ties up with Europe's MBDA to develop missile system

L&T ties up with Europe's MBDA to develop missile system

Mon, Feb 13, 2017

A M Naik, the Group Executive Chairman of L&T commented: “We have been trusted partners to DRDO and the Indian Navy, delivering complete weapon systems and platforms, command control and sensor systems, designed, developed and manufactured in India for over three decades.

PSA Group to make cars in India; to invest over $100 million

PSA Group to make cars in India; to invest over $100 million

Wed, Jan 25, 2017

PSA Group will tie-up with CK Birla Group to set up a manufacturing plant in Chennai.

Future Consumer ties up with LT Foods and Genoa Rice Mills

Future Consumer ties up with LT Foods and Genoa Rice Mills

Tue, Dec 06, 2016

It said in the release, “The joint venture is for undertaking the business of manufacturing, marketing, sales, sourcing and distribution of 'Sona Masoori/ regional South Indian rise, as per the terms and conditions agreed under the agreement.”

Ashok Leyland buys out Nissan's stake in three joint ventures for Rs 3

Ashok Leyland buys out Nissan's stake in three joint ventures for Rs 3

Fri, Nov 25, 2016

Servicing and parts availability for customers will be ensured by a technical support arrangement.

Infosys enters into joint venture agreement with Saudi Prerogative Company

Infosys enters into joint venture agreement with Saudi Prerogative Company

Fri, Sep 02, 2016

"Under the agreement there are no issuance of company shares. However, the investment in the JV will be in cash of $ 3,12,671 (SAR 1,172,501) in the equity share capital of the proposed joint venture company, "It said in the statement.

Reliance, SBI forms JV to set up payments bank

Reliance, SBI forms JV to set up payments bank

Fri, Jul 01, 2016

The Reserve Bank of India had granted an 'in-principle' approval to Mukesh Ambani-led RIL as a promoter for setting up of payments bank.

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