Mou

IndusInd Bank: The private sector lender is selling its MFI retail loan pool worth Rs 1,573 crore on a 100% cash basis to improve liquidity and optimize its balance sheet. Aarti Pharmalabs: Abakkus Asset Manager, led by ace investor Sunil Singhania, buys a 1.18% stake in Aarti Pharmalabs for Rs 61.52 crore, while promoters sell 1.1% stake for Rs 57.5 crore. Gensol Engineering: Secures a contract worth Rs 897.47 crore from NTPC Renewable Energy to develop 225MW solar PV projects in Gujarat. Power Mech Projects: Bags an order worth Rs 186 crore from Jaiprakash Power Ventures to provide operation and maintenance services for Jaypee Nigrie Super Thermal Power Plant. Jubilant FoodWorks: Signs an MoU with Coca-Cola India to buy its portfolio of sparkling beverage products and certain other products, also undertaking marketing activities.

Greenzo inks MoU for Rs 200 cr investment to supply electrolysers for green hydrogen projects in Gujarat

The project is slated to commence in the fourth quarter of FY 2024-25 and will be implemented in phases over an 18-month period.

Tata Motors laid foundation for new plant just 6 months after signing an MoU with Tamil Nadu, says MK Stalin

Tata Motors laid foundation for new plant in Tamil Nadu's Panapakkam, with an investment of Rs 9,000 crore, aimed at manufacturing next-generation cars and SUVs for both Tata Motors and JLR, which is projected to generate 5,000 jobs.

Karnataka govt inks Rs 1,040 cr MoU with DN Solutions and EMNI in South Korea

 A Karnataka delegation led by Minister for Large and Medium Industries and Infrastructure Development MB Patil participated in a roadshow in Seoul, South Korea

Maruti Suzuki ties up with DBS Bank for dealer inventory funding

The Memorandum of Understanding (MoU) further enhances comprehensive inventory funding options for over 3,863 Maruti Suzuki sales outlets across the country, the car major said in a statement.

Tata Motors' arms partner with Bajaj Finance to provide financing to passenger, EV dealers

Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), subsidiaries of Tata Motors, have joined hands with Bajaj Finance to extend supply chain finance solutions to its passenger and electric vehicle dealers, the company said in a statement.

Engineers India partners with Detect Technologies for AI-based construction site monitoring

This partnership aims to implement and maintain AI-based solutions employing cameras, drones, and cloud computing infrastructure to uphold a safe working environment, thereby minimising accidents and injuries, while concurrently overseeing project advancement

CSC e-Governance and Vision Karnataka Foundation ink MoU to train 5 lakh youths

 This collaboration aims to utilise over 50,000 digital service centers to provide extensive rural coverage across all 6,000 gram panchayats in Karnataka.

Cabinet approves India-Bhutan MoUs for petrol, lubricant supply, energy efficiency

The government said on March 13 the MoU would promote bilateral trade in the hydrocarbon sector and will ensure secured and long term supply of petroleum products to Bhutan.

Cabinet approves framework agreement for India-Middle East Europe Economic Corridor

The IGFA aims to enhance bilateral relations and to further strengthen the relations between the two countries in the Ports, Maritime, and Logistics sectors.

Coal India inks MoU with Haryana Power Purchase Centre

MCL is the highest coal producing arm of CIL that operates in Odisha, according to the public sector unit.

Cabinet approves MoU with US agency for greener railways

As part of the agreement , the railways ministry will work with the US Agency for International Development to bring green technology and enhance energy efficiency of the public transporter

Jakson Green to develop Rs 2,400 cr green ammonia plant for Deendayal Port Authority

Jakson Green Private Ltd has signed a Memorandum of Understanding (MOU) with Deendayal Port Authority to set up a green ammonia facility, valued at approximately Rs 2,400 crore, it said.

India, UAE sign MoU on cooperation in the field of industries & advanced technology

In the MoU, the countries have agreed to cooperate in the development and advancement of industries and technologies in sectors of strategic interest for the growth and diversification of both economies

REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors

New Delhi, Sep 26 Power PSU REC Ltd and public lender Punjab National Bank on Tuesday inked an agreement to co-finance projects in power, infrastructure..

Education ministry signs 106 MoUs to foster innovation, research, knowledge exchange in multiple domains

The memoranda of understanding (MoUs) were signed on the culmination day of the Akhil Bhartiya Shiksha Samagam to mark the third anniversary of the launch of the new National Education Policy (NEP).

TN inks pact with UK for setting up botanical garden, green rating framework for industrial de-carbonisation

As per the MoU, Kew will provide advice and expertise to Tamil Nadu around landscape planning, plant collection development, botanical garden management and other related matters.

Odisha govt signs agreement with University of California, Berkeley for cooperation in research

The Memorandum of Understanding (MoU) was signed during the visit of a delegation of the state government to Silicon Valley, an official statement said.

Hero Future Energies signs Rs 6,200-cr MoUs with PFC, REC to develop renewable energy projects

The agreements were signed on the sidelines of the 4th G20 Energy Transition Working Group meeting, which concluded last week in Goa, Hero Future Energies said in a statement.

PFC signs MoU worth Rs 2.37 lakh crore with 20 clean energy companies

PFC has recently diversified its loan portfolio by foraying into infrastructure projects such as refineries, ports, roads, metro, biofuels, and waste to energy, among others.

India, Japan to partner in semiconductor manufacturing, design, talent development

The two countries will establish an implementation organisation to decide on collaboration on government to government and industry to industry fronts

BEL and CoRover partner to develop indigenous conversational AI solutions

The MoU will enable both companies to collaborate in the field of generative AI platforms, with a special focus on CoRover's BharatGPT platform.

M&M gains on MoU with NXP Semiconductors

Mahindra will gain entry into NXP's strong network of partners, including Tier 1, original design manufacturing (ODM), IDH, module vendors, and integrators. This collaboration will offer insights into NXP's technology roadmap, which extends to complementary domains such as the Smart Home and Industrial sectors.

Gujarat, US chipmaker Micron to sign MoU on June 28 for semiconductor unit

The MoU (memorandum of understanding) will be signed in the evening in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel and other dignitaries, said a government release.

Indian Railways joins hands with USAID for clean energy solutions

Indian Railways and USAID/India have signed an MoU to collaborate on clean energy and energy efficiency, aiming to achieve Net Zero Carbon Emission by 2030.