Commercial vehicle makers strengthen non-core business to ride out 'cyclical' bumpsIndia's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and ...
Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel's Xtend to make drones in IndiaIndian firms Magellanic Cloud and Rayonix Tech are partnering to build drones in India. This joint venture, valued at Rs 100 crore, will co...
India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
Jindal Defence signs JV pact with Brazil's Taurus Armas for manufacturing small armsThe agreement for a 51:49 JV between the two companies was signed on Tuesday at the 1st Brazil–India Defence Industry Dialogue of the India...
Government trying to favour Adani in submarine deal: CongressCongress spokespersons Randeep Surjewala and Jaiveer Shergill demanded that the prime minister and defence minister state that ‘fairness’ n...
Reliance Infrastructure seeks Russian partner to make submarines, ships at Pipavav DefenceReliance Infrastructure is keen to finalise an international technology partner at the earliest as it is likely to aggressively pitch for t...
France's Dassault to bring in largest defence FDI via Rafale JV with Reliance DefenceRafale JV with Reliance Defence will receive Rs 200 cr in first tranche by July. The investment is part of Dassault’s Make in India commitm...
HFCL in talks with global defence electronics manufacturers for JVThe homegrown telecom gear and optic fibre cable maker had recently announced plans to diversify into the defence gear manufacturing space.
Lumax Auto forms JV in aerospace and defence with Italy's SIPALLumax Auto Technologies Ltd today said it has entered the Indian aerospace and defence sector through a joint venture with Italy's SIPAL.
Defence Ministry lifts hold on Pipavav-Mazagon Dock JVPipavav Defence and Offshore Engineering Company (PDOECL) today said the government has cleared its joint venture with Mazagon Dock Ltd.
Defence Ministry puts on hold Mazagon Dockyards-Pipavav joint ventureDefence Ministry has put on hold a JV between public sector Mazagon Dockyards and private sector Pipavav shipyard for building warships for...
- Bharati Shipyard questions MDL's choice of Pipavav as JV partner
The controversy over Mazagaon Dock's choice of Pipavav Shipyard as its naval joint venture partner is getting bigger and deeper.
- L&T pact with EADS held up in FDI cap war
The proposed JV between Larsen & Toubro and European giant EADS has become a test case for indirect FDI in sensitive sectors, such as defen...
- L&T, EADS set up defence JV; aim to spread wings globally
Larsen & Toubro on Tuesday formed a joint venture with European major EADS to make products for the Indian defence segment.
- Thales buys 26% in JV with Samtel
Delhi-based Samtel Display Systems is setting up a joint venture (JV) with French defence equipment manufacturer Thales.
- BAE seeks nod for 49% in JV
UK-based BAE Systems, the world’s third-largest defence company, has sought government approval to hold 49% stake in a JV with Mahindra & M...