Search results for ' Joint Ventures'

No more free IPL streaming: JioHotstar to offer hybrid model

No more free IPL streaming: JioHotstar to offer hybrid model

Rediff.com14 Feb 2025

The Reliance-Disney joint venture's new, rebranded streaming app JioHotstar will offer subscription plans starting at Rs 149.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO

JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO

Rediff.com8 Jul 2025

JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore ($2.1 billion).

Amazing growth story of the Jindal group

Amazing growth story of the Jindal group

Rediff.com24 Sep 2025

You have to grow, and grow fast - that's the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. The remark captured not just the moment but also the momentum of JSW's growth story.

Stealth Fighter Test Flight Scheduled For 2028

Stealth Fighter Test Flight Scheduled For 2028

Rediff.com28 May 2025

Private and public defence players can bid to participate in the stealth fighter development programme independently, as a joint venture, or as consortia.

Air India arm axes 4 executives over office party days after Ahmedabad crash

Air India arm axes 4 executives over office party days after Ahmedabad crash

Rediff.com28 Jun 2025

In a statement on Friday, AISATS said it has taken "firm disciplinary action" against the people responsible for the party but did not disclose specific details.

India seeks closer ties with Russia amid Trump tariffs

India seeks closer ties with Russia amid Trump tariffs

Rediff.com21 Aug 2025

External Affairs Minister S Jaishankar has called for India and Russia to adopt a creative and innovative approach to address complex geopolitical challenges, emphasizing diversification and expansion of cooperation.

ONGC Q1 net profit drops 10% on lower oil prices

ONGC Q1 net profit drops 10% on lower oil prices

Rediff.com13 Aug 2025

State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. The company reported a net profit of Rs 8,024 crore in the first quarter of 2025-26 fiscal year, compared to Rs 8,938 crore earning in the same period last year, a company statement said.

NISAR, Most Expensive Earth Satellite

NISAR, Most Expensive Earth Satellite

Rediff.com30 Jul 2025

The imaging technology in Nisar can provide very high-resolution data on changes as small as one centimetre in size on the earth's surface.

ISL dropped from AIFF's 2025-26 Calendar

ISL dropped from AIFF's 2025-26 Calendar

Rediff.com19 Jun 2025

Future of League in Jeopardy

Trump promises to delay TikTok ban but eyes 50% US stake

Trump promises to delay TikTok ban but eyes 50% US stake

Rediff.com19 Jan 2025

The extension aims to facilitate negotiations for a solution that safeguards national security and allows the app to continue operating in the United States. Trump proposed a joint venture granting the US a 50 per cent ownership stake in TikTok.

India's legacy liquor brands raise a toast to growth, reinvention

India's legacy liquor brands raise a toast to growth, reinvention

Rediff.com21 Sep 2025

By 10 am, Rakshit N Jagdale is already deep into the rhythm of the day, which promises to be a carousel of meetings, calls, and strategic decisions. As managing director of Amrut Distilleries, he balances ritual and ambition, tradition and transformation, like many other legacy players in India's alcoholic beverages sector who are staring at a rosy future.

Adani in advance talks to acquire Emaar India

Adani in advance talks to acquire Emaar India

Rediff.com20 Mar 2025

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

Allianz to explore new avenues in India after exit from Bajaj JVs

Allianz to explore new avenues in India after exit from Bajaj JVs

Rediff.com26 Mar 2025

Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.

Rajnath okays made-in-India 5G fighter jet programme

Rajnath okays made-in-India 5G fighter jet programme

Rediff.com27 May 2025

Defence Minister Rajnath Singh has approved the "execution model" for the indigenous development of a fifth-generation deep penetration advanced medium combat aircraft (AMCA) for the Indian Air Force. The Aeronautical Development Agency (ADA) will execute the programme through industry partnership, with equal opportunities for both private and public sectors. The project is a major step towards "Aatmanirbharta" (self-reliance) in the aerospace sector and is expected to cost around Rs 15,000 crore.

Three CEOs to lead Reliance-Disney media behemoth

Three CEOs to lead Reliance-Disney media behemoth

Rediff.com15 Nov 2024

Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.

RIL's growth plans, Jio listing can lead to rerating of stock

RIL's growth plans, Jio listing can lead to rerating of stock

Rediff.com9 Sep 2025

Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Rediff.com25 Jun 2025

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year.

Old friends, new goals: Messi, Suarez in Uruguayan club venture

Old friends, new goals: Messi, Suarez in Uruguayan club venture

Rediff.com28 May 2025

From their glory days at Barcelona to reuniting at Inter Miami, Lionel Messi and Luis Suarez have now brought their enduring partnership into a new chapter, co-founding Deportivo LSM, a club set to compete in professional Uruguayan football.

Which city has highest area under office lease?

Which city has highest area under office lease?

Rediff.com19 Oct 2025

Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Rediff.com18 Jul 2025

JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.

Pak, Turkiye strengthen ties as Sharif meets Erdogan

Pak, Turkiye strengthen ties as Sharif meets Erdogan

Rediff.com26 May 2025

Pakistan Prime Minister Shehbaz Sharif met with Turkish President Recep Tayyip Erdogan to review bilateral relations and reaffirm their commitment to strengthening their strategic partnership. The two leaders discussed joint ventures and enhanced bilateral investment in key sectors, aiming to achieve a $5 billion annual bilateral trade target. They also expressed gratitude for mutual support during recent tensions with India. The meeting was described as "warm and most cordial," highlighting the deep-rooted historical ties between Pakistan and Turkey.

'Saudi Arabia Won't Align With Pakistan Against India'

'Saudi Arabia Won't Align With Pakistan Against India'

Rediff.com19 Sep 2025

'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'

News about Starbucks leaving India is baseless: TCPL

News about Starbucks leaving India is baseless: TCPL

Rediff.com19 Dec 2024

Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as "baseless". Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India.

Robert Vadra received Rs 58 cr as 'proceeds of crime' in land deal: ED

Robert Vadra received Rs 58 cr as 'proceeds of crime' in land deal: ED

Rediff.com10 Aug 2025

The Enforcement Directorate (ED) has alleged that Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, provided evasive responses during questioning regarding a 2008 land deal in Haryana. The ED claims Vadra placed blame on deceased associates and exerted undue influence on government officials.

UP govt, Foxconn in talks for a manufacturing unit

UP govt, Foxconn in talks for a manufacturing unit

Rediff.com14 Apr 2025

The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final land allocation for the HCL-Foxconn chip joint venture Vama Sundari.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

Disney, Reliance sign deal to create Rs 70,000 cr behemoth

Disney, Reliance sign deal to create Rs 70,000 cr behemoth

Rediff.com28 Feb 2024

Walt Disney Co and Reliance Industries on Wednesday announced signing of binding pacts to merge their media operations in India to create a Rs 70,000 crore behemoth. Reliance and its affiliates will hold 63.16 per cent in the combined entity while Disney will hold the remaining 36.84 per cent, the companies said in a statement.

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Rediff.com27 Jun 2025

JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

Private Firms Can Be Involved In Stealth Fighter Project

Private Firms Can Be Involved In Stealth Fighter Project

Rediff.com19 Jul 2025

'An HAL-private sector tieup is a possibility.'

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

Why Hotels Are Building Branded Residences

Why Hotels Are Building Branded Residences

Rediff.com29 Aug 2025

'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'

IndiGo To Be First Off Runway from Navi Mumbai Airport

IndiGo To Be First Off Runway from Navi Mumbai Airport

Rediff.com29 May 2025

The airline plans to scale up its operations at NMIA significantly, from 36 air traffic movements (ATMs) daily on the opening day to 79 daily departures (158 ATMs), including 14 international departures by November this year.

Anil Ambani's Reliance, Dassault in pact to make Falcon jets in India

Anil Ambani's Reliance, Dassault in pact to make Falcon jets in India

Rediff.com18 Jun 2025

In a move that signifies a major leap for India's aerospace manufacturing capabilities, the collaboration will establish a final assembly line for the Falcon 2000 jets in Nagpur, Maharashtra.

L&T bets big on data centres, defence sector

L&T bets big on data centres, defence sector

Rediff.com26 Aug 2025

Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.

JioHotstar is here! Subscription starts at Rs 149

JioHotstar is here! Subscription starts at Rs 149

Rediff.com14 Feb 2025

JioStar, the newly formed joint venture by the merger of Viacom18 and Star India, on Friday announced the launch of JioHotstar by bringing together JioCinema and Disney+ Hotstar streaming platforms. With close to 3 lakh hours of entertainment, live sports coverage, and more than 50 crore users, JioHotstar provides compelling subscription plans tailored to diverse audience needs, starting at Rs 149, the company said in a statement.

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Rediff.com3 Sep 2024

Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. 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.