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SKODA VW JOINT VENTURE
Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...- Skoda Auto re-enters diesel segment after 5-year gap with new SuperbSkoda Auto India has re-entered the diesel segment after five years. The company unveiled its premium executive sedan, the all-new Superb, ...
- Sakarni Plaster to invest Rs 450 cr on expansion; to set up 2 building material plantsSakarni Plaster has announced an ambitious plan to invest Rs 450 crore over the next two years. This investment will focus on establishing ...
- Tata Steel gets CCI nod to acquire additional 23% stake in TM International LogisticsThe Competition Commission of India has approved Tata Steel’s acquisition of an additional 23% stake in TM International Logistics from IQ ...
- Skoda Slavia facelift launch today: What is new, price, engine, features and key changesSkoda Slavia facelift launches in India today, August 18, with an expected set of styling updates, cabin upgrades and a new eight-speed tor...
- Ceigall India-Sushee Infra Mining joint venture receives four orders worth Rs 2,150 crCeigall India and Sushee Infra Mining received four road construction orders. These contracts are for building multiple road packages on NH...
- Atomberg receives shareholder approval for Rs 450 crore fresh issue, Rs 90 crore pre-IPO placementAtomberg Technologies has approved a fresh issue of up to Rs 450 crore as part of its proposed IPO, with a possible pre-IPO placement of up...
- Skoda Slavia facelift launching August 18: New design, features and 8-speed automatic gearbox expectedSkoda will launch the Slavia facelift on August 18 with exterior and interior revisions. The updated sedan may feature revised headlights a...
- 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...
- 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 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...
- JSW Neo, Bhutan's DGPC ink pact to jointly develop 920 MW Punatsangchhu-III projectJSW Neo Energy has partnered with Bhutan's Druk Green Power Corporation to jointly develop the 920-MW Punatsangchhu-III hydroelectric proje...
- 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 ...
- 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...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
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