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Joint venture News

24 Jul 2023

Reliance To Invest $122 Mln In Brookfield JV For Data Center Projects In India

The JV is currently building data centres in Chennai and Mumbai. The Mukesh Ambani-owned company has committed to invest the remaining 6.22 billion rupees in equity and debt securities of the JV's units, when needed.

13 Jun 2016

Bupa completes acquisition of additional 23% stake in Max joint venture

New Delhi: Global healthcare group Bupa has completed the transaction to pick up another 23 percent stake in its Indian joint venture Max Bupa for Rs 206.54 crore.

25 Apr 2016

AIA completes stake hike in insurance JV with Tata Sons to 49%

Global insurer AIA Group has successfully completed its increase in stake in Tata AIA Life Insurance Company to 49 percent from 26 percent after receiving all necessary governmental and regulatory approvals.

26 Mar 2016

GMR to divest stake in GMR OSE Hungund Hospet Highways

GMR Group firms have entered into an agreement with its partners to divest 51 percent stake in its joint venture running a road project in Karnataka.

20 Apr 2015

'Centre to form JVs with states for coal evacuation'

The government Monday said it will form JVs with mineral-rich states for faster evacuation and transportation of coal to fuel power plants and make available cheaper electricity for the people.

30 Oct 2014

Boeing-SIA JV gets CCI green signal

Boeing Singapore, an arm of US major Boeing Company, and SIA Engineering Company's proposed joint venture has got the approval from fair trade regulator CCI, as the deal does not raise anti-competition concerns in the country.

27 Oct 2014

Emaar MGF partners PayU for online payment facility to buyers

Realty firm Emaar MGF has tied up with payment gateway firm PayU India for providing an online payment facility to its customers.

22 Sep 2014

Bosch in 3-bn-euro buyout of Siemens in home appliance joint venture

Bosch announced Monday it was buying out fellow German conglomerate Siemens from their home appliance joint venture for 3 billion euros ($3.9 billion).

31 Jul 2014

Sony, Panasonic, Japan Display say to set up OLED displays JV

Sony Corp, Panasonic Corp and Japan Display Inc said on Thursday they would form a joint venture to develop organic light-emitting diode (OLED) displays, with the government-backed Innovation Network Corp of Japan (INCJ) taking a majority stake.

15 Jun 2014

ArcelorMittal opens maiden steel plant in China

VAMA, in which Chinese firm Hunan Iron and Steel Co also has stake, has a capacity of producing 1.5 million tonnes high-strength automotive steels.

10 Jun 2014

NTPC-NPCIL joint venture facing issues

The joint venture company between NTPC and NPCIL, Anushakti Vidhyut Nigam, is facing legal issues, as under the law only government or its agencies can undertake activities in the atomic field, a senior government official said Tuesday.

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