INDIA JV
India-Russia JV delivers 35,000AK-203 rifles in first phase Indo-Russian Rifles in Amethi delivered 35,000 AK-203 rifles to the Indian Army. The Korwa Ordnance Factory began production after its 2019 inauguration and a ₹5,124 crore technology transfer. It will supply paramilitary, police forces, and enable e...
05 Jul, 2024, 11.22 PM ISTVivo set to open ₹3,000-cr India facility in July Chinese smartphone maker Vivo is set to inaugurate one of India's largest mobile phone manufacturing facilities next month, with an annual capacity of 120 million devices. The facility is being set up with an investment of over ₹3,000 crore.
18 Jun, 2024, 08.21 AM ISTPwC India expects upswing in small, mid-size M&A transactions PwC India anticipates an upswing in India markets, especially in small to mid-size M&A transactions and growth fundings. Sanjeev Krishan highlights diverse M&A strategies, PE investment trends, and top deals. The firm aligns with India's 'Viksit Bha...
16 Jun, 2024, 03.15 PM IST- ADVERTISEMENT
Jio-SES JV Orbit Connect gets IN-SPACe authorisation to enter satcom space Orbit Connect India, a joint venture between Reliance Jio Platforms and SES, has obtained crucial landing rights and market access authorizations from IN-SPACe, India's space regulator. This move positions Jio against Bharti Enterprises-backed Eutel...
13 Jun, 2024, 11.38 PM ISTUS-based AIG forms India JV with Creativeland Studios The JV, which is in the process of announcing its Indian talent roster, will not only focus on promoting Indian talent globally across artistic disciplines but also represent international and Hollywood talent in the Indian subcontinent.
12 Jun, 2024, 09.24 AM ISTBrakes India forms JV with Japanese firm for advanced braking products Brakes India and ADVICS announced a joint venture to develop and manufacture advanced braking products for the Indian light vehicle market, investing Rs 500 crore over three years. The partnership will focus on Electronic Stability Control (ESC) and...
05 Jun, 2024, 08.00 PM ISTChinese companies may be permitted to dilute stakes in JVs with Indian partners While decisions will continue to be made on a "case-by-case" basis with a focus on security concerns, sources suggest that this move could enable companies like Xiaomi and other prominent Chinese firms to expand their presence in India.
31 May, 2024, 11.15 AM ISTSAMIL management on growth outlook, company performance and more The overall market has about 90 million vehicles, which is around pre-COVID levels. However, when broken down by region, Europe and America are still 10-15% below pre-COVID levels, while India and China have ramped up beyond pre-COVID levels.
31 May, 2024, 08.00 AM ISTGIC, Xander buy Allianz-Shapoorji Pallonji JV’s Hyderabad IT SEZ WaveRock for Rs 2,200 cr In May 2023, ET first reported that global insurance and asset management major Allianz Group and Shapoorji Pallonji Group were looking to exit the IT Special Economic Zone (SEZ) property and that GIC had emerged as the frontrunner to acquire the 2....
30 May, 2024, 01.05 AM ISTJV Ventures forays into healthcare-dedicated infrastructure platform; plans to open 75 centres in next 5 years JV Ventures diversifies into healthcare infrastructure with The Medical Centre (TMC), investing $600 million for 75 centers. Raja Jain appointed CEO. Vishal Goel and Jasmeet Singh Chhabra express optimism. TMC to offer specialized services in major ...
21 May, 2024, 09.27 PM ISTShriram Properties inks JV for 4-acre housing project; eyes over Rs 250 cr revenue Shriram Properties Ltd has signed a Joint Development Agreement with a landowner to develop a 4-acre housing project in Bengaluru, with an estimated revenue potential of over Rs 250 crore. The project will consist of 270 apartments with a saleable a...
21 May, 2024, 01.49 PM ISTBrookfield India REIT inks pact to acquire Bharti JV stake, funding through listed units Brookfield India REIT acquires 50% stake in Bharti Enterprises' real estate joint venture in New Delhi, adding Grade A assets and increasing operating area by 16%. Ankur Gupta, Managing Partner at Brookfield, emphasizes the diverse portfolio.
16 May, 2024, 11.51 PM ISTWill China become the cat among India's EV pigeons? Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellanti...
16 May, 2024, 04.58 PM ISTBrookfield India REIT set to buy Bharti’s nearly 50% stake in realty JV Last year, Brookfield Asset Management had closed the transaction picking up around 50% stake in Bharti Enterprises’ four commercial properties in Delhi-NCR. Following this deal, Canadian institutional investor Brookfield’s listed REIT in India and ...
16 May, 2024, 12.35 AM ISTVodafone Idea cash Ebitda seen growing 32% CAGR during FY24-28 Analysts predict Vodafone Idea's cash EBITDA to grow at a 32% compounded annual rate from FY24-28, aided by customer additions and average revenue per user (ARPU) growth driven by potential tariff increases. Following a targeted fundraise of Rs 45,0...
13 May, 2024, 03.00 PM ISTTata Electronics begins export of semiconductor chip samples from Bengaluru centre Tata Electronics, a company based in Bengaluru, India, has begun exporting small amounts of semiconductor chips. This is a significant step that could improve India's ability to produce these important components. The chips are being packaged at a p...
08 May, 2024, 01.09 PM ISTIndia-Russia joint venture to manage strategic Sri Lanka airport A joint venture between an Indian and a Russian firm has won a 30-year contract to manage Sri Lanka's Mattala Rajapaksa International Airport, located near Hambantota. The airport, once known as the "world's emptiest airport," was built at a cost of...
28 Apr, 2024, 05.30 AM ISTNestle, Dr Reddy's to form JV to market nutraceutical brands in India Nestle India and Dr. Reddy’s form a joint venture to introduce new nutraceutical brands in India. The collaboration merges health solutions and commercial capabilities to enhance consumer access and affordability.
25 Apr, 2024, 02.32 PM ISTDon’t plan to get into IT stocks for next few months; play telecom via Reliance: Daljeet Singh Kohli Daljeet Singh Kohli advises caution in the IT sector, preferring telecom, EV, and two-wheeler sectors for investments. Kohli says: "We do not believe IT companies are at the end of the tunnel. It will take some more time, especially the BFSI segment...
18 Apr, 2024, 09.28 AM ISTMusk, Ambani on a drive? Tesla likely seeks JV with Reliance for Indian EV manufacturing Reliance-Tesla: Tesla is making strides towards entering the Indian automobile market, with talks of a potential joint venture with Mukesh Ambani's Reliance Industries to establish a manufacturing facility. The move aligns with India's push for elec...
10 Apr, 2024, 09.47 AM IST