Joint Venture (jv)

Brokerages have taken a positive view of the deal with TPG, citing reduced equity outlay for TCS and strong external validation of HyperVault’s long-term potential.

AM/NS India to launch 17.8 MTPA steel project in Andhra Pradesh with Rs 1.4 lakh cr investment: Report

Expected to break ground in January 2025, the project is part of AM/NS's goal to reach 40 MTPA steel production by 2035.

Coal India stock gains on forming JV with RRVUNL for thermal, renewable energy projects

State-owned Coal India has entered into a joint venture (JV) agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) to undertake renewable energy business in Rajasthan.

Nestle India, Dr Reddy's to form JV for nutraceutical brands in India, other agreed territories

A joint press release from the companies said the partnership will bring together the well-known global range of nutritional health solutions as well as vitamins, minerals, herbals and supplements of Nestle Health Science (NHSc) with the strong and established commercial strengths of Dr Reddy's in India.

HCLTech arm to divest entire 49% stake in JV with State Street International Holdings

The proceeds received by HCL UK, for divestment of the JV, termination of agreement for related services and settlement of certain contractual commitments, is USD 172.5 million in addition to net book value on the completion date (less applicable withholding tax), HCLTech said in a BSE filing.

NTPC Green Energy, MAHAGENCO to set up JV for renewable energy parks in Maharashtra

The JV Company shall develop GW-scale RE park and projects in a phased manner, thereby realizing the green energy objectives of NTPC and the GOI's efforts towards energy transition, an NTPC statement said.

Uno Minda, Buhler Motor form JV to make and market traction motors

The JV company will be a subsidiary of Uno Minda. The total capital expenditure to be incurred over the period of six years in the proposed JV company would be Rs. 110 crores.

Insulin complements Eris Lifesciences' diabetes portfolio, market share gains key

Eris' joint venture to market insulin adds a potential revenue stream, but product efficacy will play an important role in the success of the new venture

Pennar group looks to set up joint venture in US

Engineering and steel solutions firm Pennar Industries on Thursday said it intends to set up a joint venture in the US to supply goods and services.

Tanzania JV project to be completed in 2 yrs, margins good: Shriram EPC

“We see more opportunities in East African region”, T Shivaraman, MD & CEO of Shriram EPC told CNBC-TV18.

See 20% topline growth in FY17; bus demand rising: JBM Auto

The bus division will meaningfully start contributing to the topline this fiscal onwards, said Nishant Arya, Executive Director, JBM Group.

Aiming for 15-20% growth in CY16: ITD Cementation

With focus on execution and taking up cash generating projects, we are confident of 15-20 percent growth in CY16, said S Ramnath, CFO, ITD Cementation.

Johnson to buy 25.74% stake in Hitachi via open offer

Johnson Controls said it would acquire little over 70,00,990 shares at an offer price of Rs 821.38 per share amounting to Rs 575.04 crore