Renault, Nissan sign MoU with TN for Chennai plant
French carmaker Renault and Japan's Nissan today signed a memorandum of understanding with the Tamil Nadu government for setting up their proposed greenfield automobile manufacturing unit in Oragadam, near Chennai, at an investment of Rs 4,500 crore. Both Renault and Nissan would have 50 per cent stake in the plant which would have a capacity to...
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tags nissan renault
Diageo dumps bid for Absolut, sets up vodka JV with Ketel One
Diageo Plc has abandoned plans to acquire Sweden's Absolut vodka and formed a $900 million joint venture with the owners of the Ketel One vodka brand.
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5.6
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13
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tags joint-venture diageo absolut
Biocon buys 70 pct of Germany's AxiCorp
"AxiCorp is a key strategic investment for Biocon... which will help us build strong marketing and distribution capabilities in Europe," Kiran Mazumdar-Shaw, chairman and managing director of Biocon, said in a statement.
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tags biocon axicorp biotech pharama
JBM Auto forms two JVs
Delhi-based JBM Auto said on Monday that it entered into joint venture (JV) with Magnetto Automotive and Sandhar Technologies. The company has formed 50:50 JV with Italy-based Magnetto Automotive for manufacture of skin panels, body and under body, welded parts and sub systems.
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tags jbm-auto jv
Wipro wins $50-million Pantaloon contract
As per the five-year deal, Wipro will roll out and manage IT operations of Pantaloon's 1,000 outlets in 53 cities and build scalability to extend the IT infrastructure to 1,500 more outlets set to come up over the next five years.
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tags wipro pantaloon
Tata nears agreement with Ford on Jaguar/Land Rover
India's Tata Motors (NYSE:TTM) could sign a deal with Ford (NYSE:F) to buy the US carmaker's Jaguar and Land Rover marques as early as next Wednesday or Thursday, people familiar with the deal said on Tuesday...
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5.8
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tags tata jaguar ford
The war of words between Yahoo and Microsoft has begun
Hours after Yahoo officially rejected Microsoft’s takeover offer on Monday, calling it too low
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5.5
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 votes)
1 comments category: deals
tags none
Reliance Retail inks JV with Pearle Europe
Reliance Retail Limited (RRL) has signed a joint venture (JV) with the US-based optical retail company Pearle Europe, to launch a chain of optical stores in India.The chain will comprise independent stores and Reliance Retail formats that include Hypermart, Super and Wellness stores...
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3
 votes)
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tags reliance-retail retail
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