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JOINT VENTURE
Voltas, Atomberg Innovation plan 50:50 venture to manufacture AC compressorsVoltas’ board approved a binding term sheet with Atomberg Innovation Private Limited on Friday, an exchange filing showed. The venture will...- Birla Estates secured rights to redevelop 3-acre housing society in VashiBirla Estates has secured redevelopment rights for a 3.06-acre housing society in Vashi, marking its entry into Navi Mumbai’s redevelopment...
- Microsoft retreats in China, but AI boom helps it keep a window openThe year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy acti...
- Shriram Properties Q1 profit down 46% to Rs 11 crShriram Properties faced a significant profit decrease of forty-six percent in the June quarter, largely affected by rising operational exp...
- Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
- Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
- BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unitBank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving...
- Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
- Tripura's TSECL earns Rs 1,165.37 crore supplying electricity to Bangladesh in 10 yearsTripura State Electricity Corporation Limited has earned over Rs 1,165 crore in the past decade by supplying power to Bangladesh, Power Min...
- Tata, Mahindra, HAL in race as govt floats Rs 1 lakh crore IAF tender for 60 aircraftThe Defence Ministry has issued a tender worth one lakh crore rupees. Sixty multirole transport aircraft will be purchased for the Indian A...
- After 250 layoffs and a Nashville office shutdown, TikTok makes another big move US employees didn’t expect and it’s the same one Instagram and Amazon madeAfter laying off 250 employees and announcing the closure of its Nashville office, TikTok is making another major move affecting US staffer...
- TSMC, Sony to invest $4.7 billion in joint venture for image sensorsSony will be the controlling shareholder and invest 465 billion yen ($2.92 billion) through a combination of cash and asset transfers, in...
- RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facilityRSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activ...
- Coal India weighs acquiring Wealth Minerals unit with Chile lithium assetsCoal India is exploring acquiring a Chilean unit of Wealth Minerals. This move aims to secure vital lithium resources for electric vehicle ...
- Hindustan Copper eyes Chile mines, plans concentrate sales to Hindalco, AdaniHindustan Copper plans to sell copper concentrate from acquired mines to Hindalco and Adani. The company is also discussing a joint venture...
- Sony, TSMC to spend $6.3 billion to jointly make image sensorsSony Group and Taiwan’s TSMC plan to invest about 1 trillion yen ($6.32 billion) in a joint venture to manufacture next-generation image-se...
- Dixon Tech, Vivo JV transaction to be completed in 2 months, revenue flow from Oct-Dec qtr: CEODixon Technologies anticipates finalizing its joint venture with Vivo within two months. This new venture's financial contributions will be...
- India's future nuclear fleet may need 5,400 tonnes uranium annually; domestic supply meets about 30%: Parliamentary panelIndia’s nuclear expansion could sharply raise uranium demand, with PHWRs alone expected to require around 5,400 tonnes of uranium oxide ann...
- InterGlobe Hotels gets CCI nod for merger with multiple hospitality firmsIn a landmark decision, the Competition Commission of India has approved a notable merger involving InterGlobe Hotels, which will see multi...
- Longevity of partners matters most in a Joint Venture: Tata Trusts Chairman Noel TataNoel Tata highlighted partner chemistry as key to successful joint ventures. He also outlined Tata Trusts' future plans for institution-bui...
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