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Valued at AUD 233.25 mn (over Rs 1,300 crore), the JV will combine Telstra’s connectivity, Versent’s local digital engineering expertise, and Infosys’ global scale in AI and cloud.
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A significant portion of its customers already possess investible surplus, making them potential clients for wealth products, says Shriram Capital's Subhasri
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Thyssenkrupp Electrical Steel India is in the business of manufacture and sale of grain-oriented electrical steel with its facility located in Nashik, Maharashtra
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VW and M&M are deepening their EV alliance, building on an earlier agreement to use components from the MEB platform. The expanded partnership will see the companies work closely to develop e-SUVs for India and beyond
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Through the JV with Reliance Retail, Delta Galil will expand its presence in India and establish an apparel innovation platform focused on the Indian market
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Via this arrangement, Sterlite Power will own the majority stake of 51 percent and GIC will own the remaining stake.
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JSW Group and other Indian shareholders have invested Rs 5,000 crore in the JV to enhance capacity expansion and introduction of new car models. Production capacity of MG Motor's Halol facility will be increased to 3 lakh vehicles annually from the current capacity of 1 lakh vehicles.
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Reliance Industries Ltd (RIL) has announced a joint venture with Walt Disney to merge their streaming and television operations in India, creating a behemoth valued at Rs 70,352 crore.
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OSAT (Outsourced Semiconductor Assembly and Testing) and ATMP (Assembly Testing Marking and Packing), Hyderabad facility will serve India’s growing domestic needs, and provide an alternate supply chain to the global ecosystem.
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The AMC said that the new entity, named Nuvama and Cushman & Wakefield Management Private Limited (NCW), will offer full suite of capabilities for investing in commercial real estate.
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The JV business is being created with the intention of selling innovative cell treatment products in the EU, Japan, and the USA.
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This follows the binding agreement announced between AGEL and TotalEnergies in September 2023. The JV houses the 1,050 MW portfolio comprising a mix of already operational (300 MW), under construction (500 MW), and under development assets (250 MW) with a blend of both solar and wind power projects in India.
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Following this transaction, Nippon Leakless will become the sole owner, holding 100% of the company.
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The joint venture will design, develop, certify, produce, sell, and support helicopter engines. The first opportunities identified are engines for the Indian Multi-Role Helicopter (IMRH) and Deck-Based Multi-Role Helicopter (DBMRH)
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RBUK and Superdry will own 76 percent and 24 percent of the joint venture entity, respectively.
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The tractors were showcased at various agricultural and trade fairs across the country over the past few months to incorporate farmers’ feedback and include features for best suitability
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Adani Group is investing multi-billion dollars in setting up facilities to produce green ammonia and green hydrogen from water.
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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.
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The Good Glamm Group expects a revenue run rate of Rs 100 crore in the next one year from this new men’s grooming category.
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Jio-bp has announced that it has installed the first set of EV charging points at Piramal Vaikunth in Thane.
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The JV company will engage in the development of renewable energy projects, which include solar, wind, hydro and hybrid power projects, it stated.
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With this venture, the companies plan on leveraging each other's core competencies to deliver value-adding education across all examinations and jointly make a foray into new exam categories.
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Nippon Life, which is a 49 percent partner in Reliance Nippon Life Insurance Company (RNLIC), may consider a merger between Reliance Nippon Life and Birla Sun Life Insurance, a part of Aditya Birla Capital.
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Actis will own a majority stake and Mahindra Lifespaces will have a significant minority with total investment over the initial years including debt to be Rs 2,200 crore.
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Both Piramal and Zurich, which had submitted separate non-binding bids for the general insurance business of Reliance Capital in August, may hold 50 per cent each in the proposed special purpose vehicle (SPV)
