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Joint Venture News
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
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
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
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
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
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
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%
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
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
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?
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
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
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
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
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
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
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
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
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.