Joint Venture

  • FIPB approves Tata-Singapore Airlines joint venture 24-10-2013 02:52 PM

    New Delhi: The government on Thursday gave a green signal to Singapore Airlines' proposal to start an aviation venture with Tata Sons entailing an initial foreign investment of $ 49 million. "It (Tata-SIA proposal) has been cleared," Economic Affairs Secretary Arvind Mayaram told reporters after a meeting of the Foreign...
  • Wal-Mart and partner Bharti Enterprises call off India joint venture 09-10-2013 10:18 AM

    Wal-Mart Stores Inc and its Indian partner Bharti Enterprises are breaking up their joint venture and will independently own and operate separate businesses in the country, the companies said in a joint statement on Wednesday. Wal-Mart, the world's biggest retailer, will acquire Bharti's 50 percent stake in Bharti Wal-Mart Pvt...
  • ISRO seeks more participation of private players in JVs 02-07-2013 10:30 AM

    Sriharikota: With its workhorse PSLV creating a niche for itself in the space industry across the globe, ISRO is looking for the more participation of private players in joint ventures, a top official said on Tuesday. "Over 400 industrial firms are already working with us. PSLV has created a niche...
  • ISRO looking for more participation of private players 02-07-2013 04:15 AM

    Sriharikota: With its workhorse PSLV creating a niche for itself in the space industry across the globe, ISRO is looking for the more participation of private players in joint ventures, a top official said on Monday. "Over 400 industrial firms are already working with us. PSLV has created a niche...
  • ONGC, OIL buy 10 per cent stake in Mozambique gas field 26-06-2013 04:15 AM

    New Delhi: State-run explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) will buy the 10 per cent stake of Videocon Industries in a Mozambique gas field for about $2.5 billion. Videocon Mozambique Rovuma 1 Ltd, a subsidiary of Videocon Mauritius Energy Ltd, holds 10 per cent...
  • Jet-Etihad pact a win-win deal, says Ajit Singh 25-04-2013 04:42 PM

    New Delhi: Describing the over Rs 2,000 crore business proposal between Jet and Etihad airlines as a win-win deal, Civil Aviation Minister Ajit Singh today said it will be beneficial for flyers. In the first Foreign Direct Investment (FDI) deal after India opened up the aviation sector, Jet Airways will...
  • India, Bangladesh ink biggest ever JV for power plant 20-04-2013 10:07 PM

    Dhaka: Bangladesh on Saturday signed its biggest ever joint venture agreement with India involving investment $1.6 billion for 1,320 MW coal-fired power plant which is expected to be operational in the next five years. "This will be the largest investment Bangladesh ever had ... this will be cheapest source of...
  • Sony to sell stake in LCD venture to Samsung 26-12-2011 01:54 PM

    Tokyo: Sony Corp has agreed to sell its nearly 50 per cent stake in an LCD joint venture with Samsung Electronics to Samsung for $940 million, the Korean firm said on Monday, as Sony struggles to staunch red ink at its TV business. The venture cut its capital by 15...
  • 'Sony agrees to end LCD venture with Samsung' 26-12-2011 12:12 PM

    Tokyo: Sony Corp has agreed to end its LCD joint venture with Samsung Electronics and will sell its stake to the South Korean company, a source familiar with the matter said on Monday. The decision comes after Sony in November warned of a fourth straight year of losses, with its...
  • BNP Paribas to buy out India broking JV 09-12-2011 09:40 AM

    Mumbai: French lender BNP Paribas (BNPP.PA) will pay Rs 405 million to buy out its Indian institutional broking business from local partner Geojit Financial Management Services, the Indian company said on Thursday. The joint venture, catering to domestic and foreign institutional clients, was set up after the French lender bought...
  • Bharti, RIL end talks on insurance JVs deal 25-11-2011 09:08 PM

    Mumbai: Reliance Industries has mutually agreed to end negotiations with Bharti Enterprises to buy its stakes in two insurance joint ventures with France's AXA, the two companies said on Friday. Reliance said the negotiations to acquire Bharti's 74 per cent stakes in the life insurance and general insurance joint ventures...
  • Kudankulam: Centre's expert panel to meet today 07-11-2011 12:50 PM

    Chennai: The Centre's expert committee, set up to allay fears of locals over the controversial Kudankulam Nuclear Power plant, will meet on Monday. This will be the first time that the Centre's 15-member expert panel is meeting after anti-KNPP activists announced setting up of a 21-member committee, comprising scientists and...
  • Sony in talks to buy Ericsson out of phone JV 07-10-2011 09:52 AM

    Tokyo: Sony Corp is in talks to buy Telefon AB LM Ericsson out of their 50:50 joint venture, a source with direct knowledge of the matter told Reuters on Friday. Another source had told Reuters in July that talks about a takeover were under way ahead of the end of...
  • Vodafone to buy Essar's stake in JV for $ 5 bn 31-03-2011 02:57 PM

    New Delhi: UK-based telecom major Vodafone Group today said it has exercised its option to acquire Essar's stake in their joint venture, Vodafone Essar, which will result in a cash flow of $5 billion for the Indian firm. "Vodafone Group announces that the Essar Group has exercised its underwritten put...
  • Hero parts ways with Honda, set to ride solo 16-12-2010 10:12 PM

    The 26-year long joint venture between the Hero Group and the Honda Group has come to an end. ...
  • Hero parts ways with Honda 16-12-2010 07:08 PM

    New Delhi: Breaking its 26-year old joint venture - Hero Honda, Munjals-promoted Hero Group, on Thursday, said it will buy the entire 26 per cent stake of its Japanese partner Honda in the company for an undisclosed amount. The Hero Group and Honda hold 26 per cent each in Hero...
  • Hero to part ways with Honda 15-12-2010 05:35 PM

    New Delhi: The 25-year long joint venture between the Hero group and the Honda group is set to come to an end, sources said. According to sources, the board of Hero Corp has approved the joint-venture termination. Hero Corp will now acquire 26 per cent stake from Honda for $1-1.2...
  • Microsoft proposes alternative deal to Yahoo 19-05-2008 07:54 AM

    Kolkata: Ahead of their keenly-awaited IPL clash with the Sourav Ganguly-led Pune Warriors India, the Kolkata Knight Riders management has placed a gag order on their players for interacting with the media. We have some rules and regulations that we are following, Knight Riders' Bangladeshi recruit Shakib Al Hasan said...
  • Renault-Nissan, Bajaj form JV for small cars 12-05-2008 07:41 PM

    Kolkata: Indian Premier League (IPL) chairman Rajeev Shukla Sunday expressed satisfaction with the Eden Gardens pitch, saying there has been no complaint from any of the sides playing in the tournament. All matches at the Eden have been low scoring with the batsmen having a torrid time on the slow...
  • Daimler, Hero to invest Rs 4,400 cr in JV 22-04-2008 03:23 AM

    Sharjah: Afghanistan's rise from war to wickets has delighted the International Cricket Council as it looks to far, far bigger markets - mighty China and the United States. Tim Anderson, the International Cricket Council's (ICC) global development manager, praised Afghanistan's extraordinary progress as they prepared for their first ever top-level...
  • Tata, Boeing to form joint venture in India 15-02-2008 01:11 AM

    London: It started with rain, moved in anticipation of history being made and now sits on a pair of shoulders that are collectively 275-Tests broad and are proven troubleshooters for India. Yes, Rahul Dravid and VVS Laxman once again need to act like locksmiths and find India the key to...
  • Eicher, Volvo to tie the knot this wedding season 10-12-2007 05:16 PM

    India should thrive at home and is the strongest side along with Sri Lanka and Australia. ...
  • First Bharti, Wal-Mart store by 2008 19-02-2007 09:56 PM

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  • Tata, Fiat to build trucks jointly 15-02-2007 12:59 AM

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  • FDI may crush Wal-Mart's Indian dreams 08-02-2007 01:40 AM

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