Page 2 - Joint Ventures In India

Reliance Brands to acquire 40% stake in Plastic Legno SPA's India toy biz

Plastic Legno SPA is owned by the Sunino group that boasts of more than 25 years of toy production experience in Europe

Paytm forms general insurance JV; to invest Rs 950 cr in 10 years

The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.

IIFL, Open Financial Technologies enter JV, launch neobank for MSMEs

Initial capital of JV Rs 120 crore; no technology capex as the same is being Offered by Open on a per-customer basis

Italy's Generali becomes majority shareholder in India Life JV

Generali is in the midst of a power struggle with rebel shareholders challenging the board's plan to retain Chief Executive Philippe Donnet for a new term

Future Consumer calls off joint venture with dairy firm Fonterra

Future Consumer, a part of Kishore Biyani-led Future Group, on Thursday said it has decided to terminate a joint venture pact with New Zealand's dairy firm Fonterra.

ACME and Norway-based Scatec to develop green ammonia in Oman

The facility will be located in the Duqm Special Economic Zone of Oman.

Canada's CPPIB to invest Rs 2,650 crore in JV with realty firm RMZ Corp

RMZ owns and operates a real asset portfolio of 67 million square feet, and are poised to grow to 350 million square feet of assets by 2032

Dixon forms JV with Japan's Rexxam to manufacture printed circuit boards

Dixon Devices, the joint venture company, will be 40 per cent owned by Dixon and the rest 60 per cent by Rexxam

Amazon likely to face regulatory challenges to buy Catamaran JV

On August 09, 2021, the partners had announced their decision to not continue the JV beyond the end of its current term in May 2022

Jindal SAW to set up precision machine shop in JV with Hunting Energy

Jindal SAW would hold 51 per cent stake in the JV, while Hunting Energy will own the remaining 49 per cent

Reliance Industries, TA'ZIZ in $2-bn JV for chemical production partnership

According to RIL executives, the equity structure of TA'ZIZ EDC & PVC has not been finalised yet

Eris Lifesciences forms JV with MJ Biopharm to enter insulin segment

Eris MJ Biopharm, the 70:30 joint venture (with Eris holding a 70 per cent stake), would primarily engage in marketing and distribution of human and analogue insulin

Suzuki, Denso and Toshiba's lithium-ion JV unit to go on stream by year-end

Development brings Suzuki's India arm, Maruti Suzuki closer to the plans of introducing new tech vehicles, including hybrid and battery electric vehicles by 2025

Puravankara hits pause button on warehousing JV with Morgan Stanley

Morgan Stanley is scouting for deals, signing JVs in warehousing

Former Sony India CEO bets on OTT, forms JV with Screenhits TV

ScreenHits TV tapped the former studio executives and founders of India's Vial Content Tech to oversee its expansion in the country

Near-term pressures for Motherson Sumi due to supply disruptions

Margin trajectory at international subsidiaries remains key trigger for the stock

ABL Indira JV bags Rs 350 cr project to upgrade police infra in Maldives

ABL Indira Projects on Tuesday said it recently signed a contract worth Rs 350 crore with the Maldives Police Service.

Aviva, Generali Group look to hike stakes in Indian joint ventures

This comes in wake of increase in FDI limit to 74% in insurance sector

Cadila, Bayer to extend JV partnership for three years: Statement

Cadila Healthcare and Bayer (South East Asia) have decided to extend the operations of their joint venture by three years with effect from June

Phoenix Mills, Singapore's GIC set up JV to invest in retail properties

GIC will acquire minority stake in PML's portfolio of retail‐led mixed‐use properties