Tata Motors Limited to acquire remaining stake in bus-making joint venture with Marcopolo SA
TMML will become a wholly-owned subsidiary of Tata Motors after it purchases the 49 percent shareholding of Marcopolo S.A. in the joint venture.
Apple buys first commercial batch of carbon-free aluminium from Alcoa-Rio Tinto venture
Aluminium is carbon-intensive to produce and releases carbon dioxide into the atmosphere.
AirAsia India plans to start multiple flights connecting Ahmedabad; may add five more aircraft to expand fleet size to 29
AirAsia is keen on expanding its operations in Ahmedabad by introducing flights on the Ahmedabad-Goa and Ahmedabad-Hyderabad routes.
TCS hikes stake to 66% in Japanese JV with Mitsubishi Corporation with $32.6 mn investment
IT services major Tata Consultancy Services (TCS) Monday said it is increasing its holding to 66 percent in TCS Japan Ltd - its joint venture with Mitsubishi Corporation (MC) - with an investment of 3.5 billion yen ($32.6 million or Rs 226.2 crore)
McDonald's strikes out-of-court settlement with Vikram Bakshi; buys out former Indian partner from joint venture
CPRL is now wholly owned by McDonald's India Pvt Ltd and its affiliate (McDonald's Global Markets LLC, MGM), following the completion of a settlement reached with Bakshi.
Bank of India to sell 25.05% stake in life insurance JV Star Union Dai-ichi for Rs 1,106 cr
Bank of India on Friday said it will sell 25.05 percent stake in its insurance JV Star Union Dai-ichi Life Insurance Co for at least Rs 1,106 crore
Indigo 'worst performing' carrier for consumers, Air India has best luggage policy: Parliamentary Panel
The panel has noted that during festive season some airlines were charging 8-10 times more than the normal fares
AirAsia India inducts 20th plane, becomes eligible for international flight; daily Mumbai-Bengaluru services from 15 Jan
This will be AirAsia's third entry into Mumbai after discontinuing services to the city first by AirAsia Berhad in 2012 and then by its subsidiary Indonesian AirAsia X in April this year.
New York Life picks up 2% stake in Max Financial Services for Rs 215 cr via bulk deals, open market buys
New York Life acquired 49,99,130 shares of MFS from Max Ventures Investment Holdings, a promoter group holding company, at Rs 429.50 per share in a bulk deal on Thursday.
Tata Steel-Thyssenkrupp joint venture to boost steel business sustainability: EY
With Tata Steel clinching joint venture (JV) with Thyssenkrupp to create new European steel giant, the combined strength would enhance the sustainability of steel business, EY on Monday said
Thyssenkrupp nears JV compromise deal with Tata Steel to combine their European assets
The combination of Thyssenkrupp’s and Tata Steel’s European steel assets, first announced in September, would create the continent’s second-largest steelmaker after ArcelorMittal with 15 billion euros in combined sales.
DSP Group to buy out BlackRock's 40% stake in joint venture
DSP BlackRock is a joint venture (JV) between DSP Group and BlackRock and is one of the leading asset management companies (AMCs) in the country
As ThyssenKrupp, Tata agree to merge steel operations, unions fear 4,000 jobs may be cut
Once the ThyssenKrupp-Tata steel deal is finalised in 2018, the two groups aim for efficiency savings of between 400 and 600 million euros ($480-720 million) per year -- and are likely to shed 4,000 jobs in production and administration
Fiat Chrysler launches Made-in-India Jeep Compass at Rs 14.95 lakh
The SUV will be available with 2-litre multijet turbo-diesel and 1.4-litre multi-air petrol engines.
Isro has planned to create a Joint venture with an consortium to build rockets for future missions
The Indian Space Research Organisation (ISRO) plans to forge a joint venture with an industrial consortium to build rockets.
Alphabet partners with Sanofi to form a $500 million joint venture
French drugmaker Sanofi and Google owner Alphabet's life sciences firm Verily are to invest about $500 million in a diabetes joint venture combining devices with services, an example of growing ties between the pharma and tech sectors.
Canada's Sun Life plans to hike stake in Birla Sun Life JV to 49%
Sun Life also owns 49 percent of Birla Sun Life Asset Management
CSC, HCL form JV for banking software and services
The jointly-owned company will address the multi-billion-dollar core banking software market.