The joint venture, which will be headquartered in Augsburg (Germany) and will have operations from Hyderabad, seeks to address the high potential fleet management market, GTL said in a statement.
As many as 1,842 shares advanced, 1,648 declined and 159 shares were unchanged, with benchmark indices closing around 0.6 percent higher
The JV will operate out of Augsburg, in Germany, and from Hyderabad, with plans to set up a US entity in the third quarter of 2023, Goldstone Technologies has said