Joint Venture

Saturday, Apr 20, 2024 | Last Update : 05:16 PM IST

Adani Wilmar eyes Rs 36,000 cr from consumer business in 5 years

Adani Wilmar clocked total revenue of Rs 28,000 crore in FY'19 of which Rs 18,000 crore came from consumer busines.

16 Oct 2019 11:26 AM

DLF holds 67 per cent stake in DCCDL, while Singapore's sovereign wealth fund GIC holds 33 per cent.

DLF settles Rs 8,700 cr amount payable to JV with GIC

This deal included sale of 33.34 per cent stake in the DCCDL to GIC for about Rs 9,000 crore.

03 Oct 2019 9:14 AM

BP will own a 49 per cent stake in its new Indian joint venture, with the rest held by Reliance, operator of the world’s biggest refining complex.

BP to enter India's fuel retail market with Reliance tie-up

The new venture will take over Reliance’s 1,400-plus retail fuel stations and its aviation fuel business spread across 30 Indian airports.

07 Aug 2019 8:42 AM

WAISL was a joint venture (JV) between Wipro (74 per cent) and Delhi International Airport Ltd (DIAL), which held 26 per cent stake.

Wipro exits WAISL JV, sells remaining 11 pc share to Antariksh Softtech

In April last year, Wipro had sold 63 pc of its stake in WAISL to Antariksh Softtech in a Rs 3.15 crore deal.

28 Jun 2019 8:57 AM

The current governance of operations and management will remain unchanged by the share acquisition.

TCS hikes stake to 66 per cent in Japanese JV with USD 32.6 mn investment

The company through TCS APAC, is acquiring 15 per cent stake from Mitsubishi Corporation.

24 Jun 2019 6:58 PM

DLF owed Rs 8,700 crore to DLF Cyber City Developers Ltd (DCCDL) as on December 31, 2018. (Photo: PTI)

DLF transfers Rs 330 cr land to JV with GIC for settlement of dues

DLF holds 66.66 per cent while GIC holds 33.34 per cent stake in the JV firm DCCDL.

28 May 2019 12:34 PM

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Aramco to buy Shell's stake in Saudi refining JV for USD 631 million

The purchase is part of Aramco’s strategy to expand its downstream operations, will be completed later this year.

22 Apr 2019 9:07 AM

The venture’s chief executive had been replaced and that its work on future chips had either slowed or stalled.

Qualcomm's joint venture with Chinese province to shut down: The Information

Executives at the venture said in internal meetings on April 18 that it would close by April 30.

20 Apr 2019 11:15 AM

Bank of India has a 28.96 per cent stake in the joint venture, while Union Bank of India and Dai-ichi Life owns 25.10 per cent and 45.94 per cent, respectively.

Bank of India looks to divest insurance JV stake worth about USD 160 mn

Bank of India is looking to sell 64.9 mn shares, or 25.02 pc stake, in Star Union Dai-ichi Life Insurance Co Ltd.

05 Apr 2019 1:53 PM

OYO Hotels and Homes operates hotels, homes and living spaces with footprints in more than 500 cities across 10 countries.

OYO forms JV with Softbank to launch hotel operations in Japan

OYO Hotels Japan offers various values for owners such as dynamic pricing and reservation systems.

04 Apr 2019 1:17 PM

The deal has not been approved because of concerns about its impact on competition.

Tata Steel says supports logic of joint venture with ThyssenKrupp

Tata Steel and ThyssenKrupp had proposed to combine their steel operations Europe.

03 Apr 2019 2:52 PM

NSL said the arbitration tribunal had directed both parties to maintain the confidentiality of proceedings and they were not allowed to make public statements. (Photo: AFP/ File)

Monsanto wins arbitration ruling over royalties from Indian seed company

India’s farm ministry has twice slashed royalties that local seed companies pay to Monsanto.

12 Feb 2019 10:29 AM

The transaction is expected to close by April 1, 2019. (Photo: PTI)

Infosys forms JV with Hitachi, Panasonic, Pasona in Japan

Infosys will bring its expertise in procurement processes, consulting, analytics and digital technologies such as artificial intelligence.

14 Dec 2018 11:43 AM

Mukesh Ambani sets up Estonian JV for e-governance; takes up e-residency

A Reliance Industries spokesperson refused to share details of the project or plan.

05 Nov 2018 12:19 PM

SBI will leverage its branch network and engaged relationship with corporates and the govt to provide a technology-led payment service.

SBI, Hitachi Payments form JV for digital payment platform

SBI will have a majority stake in the proposed joint venture, the bank said.

29 Oct 2018 1:32 PM

The joint venture will integrate teams from Infosys and the operations of Temasek’s unit in Singapore. (Photo: PTI)

Infosys announces joint venture with Singapore's Temasek

Infosys will take a 60 per cent stake in the joint venture and Temasek will hold 40 per cent.

07 Sep 2018 9:01 AM

Gawande practices general and endocrine surgery at Brigham and Women's Hospital and is Professor at the Harvard TH Chan School of Public Health and Harvard Medical School. (Photo: @AtulGawandeOfficial/Facebook)

Indian-American surgeon appointed as CEO of Amazon-JP Morgan venture

Atul Gawande has been named as CEO of new US employee healthcare company, joint venture between Amazon, Berkshire Hathaway, JPMorgan Chase.

21 Jun 2018 2:13 PM

Reliance Infrastructure(RInfra) and Astaldi S p A (Italy) in a joint venture have bagged Rs 7,000 crore order for construction of the second sea link in Mumbai.

R Infra-Astaldi JV bags Rs 7,000 cr Versova-Bandra sea link project

The JV has bagged the engineering, procurement and construction (EPC) contract for Versova-Bandra sea link.

07 May 2018 1:10 PM

NTPC-BHEL Power Projects Pvt Ltd was set up in December 2007 as a 50:50 joint venture for manufacturing power equipment.

NTPC wants to exit joint venture with BHEL

The two companies had invested Rs 50 crore each as equity in the joint venture.

19 Apr 2018 4:33 PM

ArcelorMittal India Pvt Ltd submitted a plan to India’s NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal to form JV with Nippon Steel to buy India's Essar Steel

In February, ArcelorMittal and a group led by Russia’s VTB made separate bids for Essar Steel.

02 Mar 2018 1:28 PM

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Shobhaa De

joint venture