joint venture

New Delhi, March 30 JSW Steel, led by Sajjan Jindal, announced on Monday that Japan's JFE Steel Corporation has invested ₹7,875 crore to acquire a 25 per cent stake in JSW Kalinga Steel Ltd.The investment is the first tranche of JFE's planned stake in JSW Kalinga, with 2,26,94,524 equity...

New Delhi, March 26 Realty firm Prestige Estates Projects Ltd and Arihant Group have acquired 16.3 acres of land in Chennai to develop a housing project with an estimated revenue of around Rs 5,000 crore.In a regulatory filing on Thursday, Prestige informed that the company, along with Arihant...

New Delhi, March 26 Jio Financial Services Ltd (JFSL) and Allianz Group, through its wholly-owned subsidiary Allianz Europe BV, announced on Thursday that their reinsurance joint venture has commenced operations.Allianz Jio Reinsurance Ltd is authorized to underwrite reinsurance in India with...

Kochi, March 26 The Cochin Shipyard Limited (CSL) announced on Thursday that it had signed a joint venture agreement with a Hyderabad-based industrial battery manufacturer to develop and commercialize electric mobility and energy storage technology for the maritime sector.Cochin Shipyard Ltd...

New Delhi, March 25 Auto component major Samvardhana Motherson International announced on Wednesday that it has signed a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to provide integrated supply chain solutions for the global automotive industry.The JV will...

New Delhi, March 24 NeuEN Green Energy Pvt. Ltd, a 50:50 joint venture between Bharat Petroleum Corporation Limited and Sembcorp Green Hydrogen India Private Ltd, has secured a contract to supply 10,000 tonnes per annum (10KTPA) of green hydrogen to Numaligarh Refinery Ltd (NRL).Under the...

New Delhi, March 23 Technology and services provider Bosch Ltd announced on Monday the formation of a joint venture with Tata AutoComp Systems Ltd to cater to the requirements of electric mobility.The partners plan to hold equal shares in the joint venture, which aims to start its operations...

New Delhi, March 19 Hindustan Construction Company Ltd (HCC) announced on Thursday that it had secured a contract worth Rs 1,662 crore from the Brihanmumbai Municipal Corporation (BMC) to build a section of the Goregaon-Mulund Link Road in Mumbai.The contract has been awarded to the...

New Delhi, March 16 The government is making efforts to boost manufacturing activities in the country's fast-growing aerospace sector, and Indian companies are collaborating with foreign firms to set up facilities, Union Minister K Rammohan Naidu said on Monday.In response to a supplementary...

New Delhi, March 10 Auto component maker Minda Corporation announced on Tuesday that it has entered into a joint venture agreement with Turntide Technologies to offer new generation powertrain solutions for the electric vehicle industry.Minda Corp, through its wholly-owned SPV, will hold a 49...

New Delhi, March 9 Real estate firm Puravankara Ltd has formed a joint venture to develop a housing project in Bengaluru, with an estimated revenue of ₹1,300 crore.In a regulatory filing on Monday, the company announced that it has "entered into a joint development agreement for a 4-acre land...

New Delhi, March 5 CG Power and Industrial Solutions announced on Thursday that it has agreed to sell a 51% equity stake in its Indonesian arm, PT Crompton Prima Switchgear Indonesia (CPSI), to its joint venture partner, PT Prima Layanan Nasional Enjiniring.CPSI was established as a joint...

New Delhi, March 2 VE Commercial Vehicles Ltd on Monday reported a 23.4 per cent increase in total sales at 9,986 units in February 2026, compared to the same month last year.VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, had sold 8,092 units in...

New Delhi, February 24 – The Union Cabinet, chaired by Prime Minister Narendra Modi, approved on Tuesday the extension of the existing North-South corridor of the Gujarat Metro Rail Corporation Limited’s (GMRC) Ahmedabad Metro from GIFT City to the Shahpur locality in Ahmedabad, for ₹1,067.35...

New Delhi, February 23 Mahindra & Mahindra Ltd (M&M) and Manulife of Canada announced on Monday the appointment of Suresh Agarwal as the designated Managing Director and CEO for their proposed life insurance joint venture, subject to regulatory approvals.The agreement to establish a 50:50 life...

New Delhi, February 23 Auto component manufacturer Samvardhana Motherson International announced on Monday that it has commissioned a new manufacturing facility in Sanand, Gujarat, to produce exterior lighting systems for the automotive segment.The plant, established as a joint venture with...

New Delhi, February 21 Foxconn-HCL semiconductor JV, India Chip, will be able to meet about 25 per cent of the total domestic demand for chips used in the manufacturing of electronic products, including mobile phones, laptops, and TVs. HCL Group Chairman Roshni Nadar Malhotra said this on...

Greater Noida, February 21 The foundation of a developed India will be laid on the basis of self-reliance, for which having chips made in India is very important, Prime Minister Narendra Modi said on Saturday.In a virtual address to lay the foundation stone of India Chip Pvt Ltd – the HCL...

Greater Noida, February 21 The foundation of a developed India will be built on the basis of self-reliance, for which having chips made in India is very important, Prime Minister Narendra Modi said on Saturday.In a virtual address to lay the foundation stone of India Chip Pvt Ltd – the HCL...

February 21, New Delhi – Prime Minister Narendra Modi will participate today in the groundbreaking ceremony of the HCL-Foxconn Joint Venture project, India Chip Pvt. Ltd., in Uttar Pradesh via video conferencing.The establishment of the HCL-Foxconn semiconductor facility marks a significant...