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JOINT VENTURES
State Bank of India expands US footprint with new branch in TexasState Bank of India expanded its banking subsidiary footprint in the United States with the inauguration of a new branch of SBIC Bank in Fr...- Equinix seeking land for India data centres: CEOThe world’s largest data centre operator by footprint, valued at nearly $100 billion, has invested $365 million in India and sees significa...
- OP Mobility plans five new plants in India over next five years, commits ₹3,180 crore investmentFrench auto parts maker OP Mobility aims to open one manufacturing plant in India annually for five years. The company currently operates s...
- India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investorsThe government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subs...
- DLF to invest Rs 3,750 crore for majority stake in JV with Everstone for IREO assetsDLF plans to invest Rs 3,750 crore to obtain a majority stake in a partnership with EverstoneGroup. The joint venture will focus on IREO Pr...
- ONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfieldsONGC has utilized funds from its Russian dividends to meet its obligations for the Sakhalin-1 abandonment fund. The company is negotiating ...
- BMW Industries Q2 Results: Net profit rise 43% YoY to Rs 21.62 croreBMW Industries Ltd has reported an impressive 42.7 percent increase in net profit for the quarter ending on September 30. The firm's total ...
- ArcelorMittal reports USD 391 million loss in July-Sept quarterArcelorMittal reported a net loss of USD 391 million for the September quarter due to rising energy costs. The company's sales increased to...
- ONGC Q2 profit jumps 57% to Rs 15,489 crore on higher oil prices, rupee depreciationONGC has reported a significant 57% increase in quarterly profit, reaching Rs 15,489 crore. The profit surge is attributed to higher oil an...
- Ronaldo retires from international football, but his CR7 brand reaches far beyond the game: Inside his business empire of hotels, hair clinics, YouTube and moreRonaldo retirement: As Cristiano Ronaldo prepares to end his 23-year international career with Portugal, his business interests stretch far...
- Keystone Realtors Q2 profit jumps 10-fold to Rs 101 crKeystone Realtors has announced a ten-fold increase in consolidated net profit for the quarter ended September. The net profit rose to Rs 1...
- S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earningsS&P Global Ratings has affirmed Reliance Industries’ (RIL) ‘A-’ long-term issuer credit rating with a stable outlook, citing resilient earn...
- Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...
- Adani Group to seek $1.5 billion for data center financingAdani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX wi...
- Reliance Consumer expands Independence biscuit portfolio with nine variantsReliance Consumer Products Ltd will launch an expanded Independence biscuit portfolio consisting of nine variants. These products aim to ca...
- TajGVK Hotels & Resorts rebranded as Krishna GVK Luxury HotelsTajGVK Hotels & Resorts Limited has been rebranded as Krishna GVK Luxury Hotels Limited after a recent ownership change. The company was fo...
- French billionaire Xavier Niel gets CCI approval to acquire 16.2% stake in VodafoneXavier Niel's investment vehicle, Vega SAS, has obtained approval from the Competition Commission of India to purchase a 16.2 percent stake...
- KPIT Q2 net profit down 29% as auto clients trim budgetThe company posted a net profit of Rs 120.6 crore for the quarter ended September 30. Revenue rose 6.5% from a year earlier and 1% sequenti...
- Hiranandani Communities, Krisala expand partnership to Rs 20,000 cr projectsThe Hiranandani Group and Krisala Developers are set to roll out four new developments in Pune and Nagpur. Their focus is on delivering hig...
- NAN GreenMet, Chile's Enaex collaborate to set up Rs 750-cr explosives manufacturing facilityNAN GreenMet has partnered with Enaex to create an integrated explosives manufacturing plant in India. This venture involves an investment ...
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