joint venture

New Delhi, April 11 The prototype of the Vande Bharat Sleeper train, to be manufactured by the Rail Vikas Nigam Limited-led joint venture, will be launched for testing within a year, said Railway Board Chairman and CEO Satish Kumar on Friday.Addressing officials at the 21st annual day...

New Delhi, April 9 Adani Green Energy announced on Thursday that its subsidiary, Adani Renewable Energy Middle East Ltd (AGEL UAE), has signed a joint venture agreement with Minerva Holding RSC to develop renewable energy projects in India.According to a regulatory filing, EPointZero Holding...

New Delhi, April 9 Realty firm Signature Global Ltd has reported a 5 per cent decline in its pre-sales to Rs 1,540 crore in the fourth quarter of the last fiscal year, amid a slowdown in housing demand in Gurugram, Haryana.Its sales bookings stood at Rs 1,620 crore in the year-ago period...

Hyderabad, April 8 – An airport for defence will be built in Adilabad, Telangana, which will have a facility for civil operations, Civil Aviation Minister K. Ram Mohan Naidu said on Wednesday.While the defence already has an airstrip with 360 acres in Adilabad, the Civil Aviation Ministry has...

New Delhi, April 8 Realty firm Signature Global Ltd reported a 5 per cent decline in pre-sales to Rs 1,540 crore in the fourth quarter of the previous fiscal year.Its sales bookings stood at Rs 1,620 crore in the year-ago period.During the 2025-26 fiscal year, sales bookings fell 20 per cent...

New Delhi, April 8 The Union Cabinet on Wednesday approved investments totaling ₹40,150 crore for the construction of two major hydropower projects in Arunachal Pradesh, as the government accelerates the development of renewable energy and regional infrastructure.The Kamala Hydro Electric...

Hyderabad, April 8 TLMAL MD Tim Riffle paid a courtesy visit to Telangana Chief Minister A Revanth Reddy on Wednesday.According to a press release, Riffle expressed interest in exploring investment opportunities in the state.Lockheed Martin plans to establish a C-130J Super Hercules final...

New Delhi, April 8 – The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved an investment of ₹26,069.50 crore for the construction of the Kamala Hydro Electric Project (HEP) in Kamle, Kra Daadi, and Kurung Kumey districts of Arunachal Pradesh.The...

Jaipur, April 8 – Prime Minister Narendra Modi will inaugurate the HPCL-Rajasthan refinery at Pachpadra on April 21, a project that is expected to redefine the economy of western Rajasthan and become one of the largest integrated refinery-cum-petrochemical complexes in the country.The...

New Delhi, April 8 – The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved on Wednesday the revision of the cost of the HPCL Rajasthan Refinery Limited (HRRL) project from ₹43,129 crore to ₹79,459 crore, and an additional equity investment of ₹8,962...

Jaipur, April 8 Prime Minister Narendra Modi will visit Rajasthan on April 21 to inaugurate a refinery at Pachpadra in the Barmer district, Chief Minister Bhajanlal Sharma has announced."It is a matter of pride that the prime minister will visit Rajasthan to inaugurate the Pachpadra refinery,"...

New Delhi, March 31 Real estate firms Signature Global (India) Ltd and RMZ Group have entered into an equal joint venture to develop a commercial project in Gurugram, with the latter investing Rs 1,293 crore for a 50 per cent stake.In February this year, Signature Global announced a...

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...