Joint Venture
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Honda, Nissan Sign To Form Joint Holding Company: All You Need To Know
Japanese automakers - Honda and Nissan, have signed a MOU to establish a new joint holding company, and here's how they will proceed in the future.
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Nitin Gadkari Favours Majority Stake For Foreign Firms In Tunnel Construction
Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.
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BMW Group, Tata Technologies To Form Joint Venture For Automotive Software
German automotive major BMW Group and Tata Technologies, a global product engineering and digital services firm, today said they will form a joint venture to set up an automotive software and IT development hub in India.
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Apple Supplier Foxconn to Apply for Chipmaking Incentives in India After Pulling Out of $19.5 Billion Vedanta JV
Taiwan's Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion (roughly Rs. 1,60,600 crore) chipmaking joint venture.
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AK-203 Rifles For Army In Manufacturing, Testing stage: Government On UP Plant
Minister of State for Defence Ajay Bhatt, in a written reply to a question in Rajya Sabha, said the Indo-Russian Rifles Private Ltd (IRRPL) has established all facilities to commence production of the indigenised assault rifles.
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India May Let Chinese Firms Enter Joint Ventures With Local Companies: Report
The Indian government is open to letting Chinese companies enter the country's high-tech electronics sector should they set up manufacturing plants in partnerships with local companies, a report said.
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Sony, Honda Sign JV To Sell Electric Cars By 2025
Both companies officially agreed to an equally owned joint venture on Thursday with each company investing 5 billion yen into the operation.
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Okinawa Partners With Italian Brand Tacita To Produce High-Performance Electric Two-Wheelers In India
The new JV will utilise Okinawa's manufacturing facility in Bhiwadi, Rajasthan to develop the electric products for India as well as global markets.
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China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
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China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
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Hero Motors And Yamaha Announce Joint Venture To Manufacture Electric Drive Motors
Auto components manufacturer, Hero Motors, a part of the Hero Motors Group (HMC) and Yamaha has announced a joint venture to manufacture electric motors for electric bicycles.
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India-Norway Joint Venture Firm's Assets Seized Over Money Laundering Case
The Enforcement Directorate (ED) on Saturday said it has attached assets worth over Rs 134 crore of an India-Norway joint venture company in connection with a money laundering case linked to an alleged Gujarat Maritime Board scam.
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Williams Advanced Engineering And Italdesign To Create High-Performance EV Solutions
The foundation of this new venture is WAE's EV architecture; the new rolling chassis which distils WAE's expertise in electrification, light-weighting, innovative chassis structures and vehicle and system integration into one advanced architecture.
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Mahindra To Focus On SUVs, Electric After Ending Ford JV Talks
Mahindra and Ford late on Thursday called off their automotive joint venture due to the COVID-19 pandemic, which prompted them to reassess their capital allocation priorities.
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Chinese State Investors To Take BMW Partner Brilliance Private: Report
The deal to take Brilliance China Automotive Holdings Ltd private would be led by state-controlled Liaoning Provincial Transportation Investment Group, which owns 12 per cent of the automaker, according to sources.
-
Honda, Nissan Sign To Form Joint Holding Company: All You Need To Know
Japanese automakers - Honda and Nissan, have signed a MOU to establish a new joint holding company, and here's how they will proceed in the future.
-
Nitin Gadkari Favours Majority Stake For Foreign Firms In Tunnel Construction
Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.
-
BMW Group, Tata Technologies To Form Joint Venture For Automotive Software
German automotive major BMW Group and Tata Technologies, a global product engineering and digital services firm, today said they will form a joint venture to set up an automotive software and IT development hub in India.
-
Apple Supplier Foxconn to Apply for Chipmaking Incentives in India After Pulling Out of $19.5 Billion Vedanta JV
Taiwan's Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion (roughly Rs. 1,60,600 crore) chipmaking joint venture.
-
AK-203 Rifles For Army In Manufacturing, Testing stage: Government On UP Plant
Minister of State for Defence Ajay Bhatt, in a written reply to a question in Rajya Sabha, said the Indo-Russian Rifles Private Ltd (IRRPL) has established all facilities to commence production of the indigenised assault rifles.
-
India May Let Chinese Firms Enter Joint Ventures With Local Companies: Report
The Indian government is open to letting Chinese companies enter the country's high-tech electronics sector should they set up manufacturing plants in partnerships with local companies, a report said.
-
Sony, Honda Sign JV To Sell Electric Cars By 2025
Both companies officially agreed to an equally owned joint venture on Thursday with each company investing 5 billion yen into the operation.
-
Okinawa Partners With Italian Brand Tacita To Produce High-Performance Electric Two-Wheelers In India
The new JV will utilise Okinawa's manufacturing facility in Bhiwadi, Rajasthan to develop the electric products for India as well as global markets.
-
China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
-
China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
-
Hero Motors And Yamaha Announce Joint Venture To Manufacture Electric Drive Motors
Auto components manufacturer, Hero Motors, a part of the Hero Motors Group (HMC) and Yamaha has announced a joint venture to manufacture electric motors for electric bicycles.
-
India-Norway Joint Venture Firm's Assets Seized Over Money Laundering Case
The Enforcement Directorate (ED) on Saturday said it has attached assets worth over Rs 134 crore of an India-Norway joint venture company in connection with a money laundering case linked to an alleged Gujarat Maritime Board scam.
-
Williams Advanced Engineering And Italdesign To Create High-Performance EV Solutions
The foundation of this new venture is WAE's EV architecture; the new rolling chassis which distils WAE's expertise in electrification, light-weighting, innovative chassis structures and vehicle and system integration into one advanced architecture.
-
Mahindra To Focus On SUVs, Electric After Ending Ford JV Talks
Mahindra and Ford late on Thursday called off their automotive joint venture due to the COVID-19 pandemic, which prompted them to reassess their capital allocation priorities.
-
Chinese State Investors To Take BMW Partner Brilliance Private: Report
The deal to take Brilliance China Automotive Holdings Ltd private would be led by state-controlled Liaoning Provincial Transportation Investment Group, which owns 12 per cent of the automaker, according to sources.
