Search results for ' Joint Ventures'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

Rediff.com17 Oct 2025

'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'

Lotus-Inspired Mumbai Airport Set to Bloom

Lotus-Inspired Mumbai Airport Set to Bloom

Rediff.com24 Sep 2025

NMIAL is spending close to Rs 18,000 crore to get the airport up and running.

Race For Stealth Fighter Jet Heats Up

Race For Stealth Fighter Jet Heats Up

Rediff.com1 Oct 2025

This is seen as the first concrete opportunity to break HAL's monopoly in combat aircraft manufacturing, potentially opening the door to a private-sector fighter jet producer.

Sharma calls for more Indo-US joint ventures

Sharma calls for more Indo-US joint ventures

Rediff.com19 Mar 2010

India with its promise of higher return on investments offers boundless opportunities for corporate America to invest in the country, particularly in manufacturing and infrastructure, Commerce and Industry Minister Anand Sharma has said.

Google plans $15 bn AI hub in Visakhapatnam

Google plans $15 bn AI hub in Visakhapatnam

Rediff.com14 Oct 2025

Google plans to invest $15 billion over the next five years in setting an artificial intelligence hub in Visakhapatnam, a senior official of the company said on Tuesday.

8 Of India's Oldest Companies

8 Of India's Oldest Companies

Rediff.com11 Nov 2025

Which were India's first companies that still exist today? Many trace their origins to over a century back. These venerable organisations are business entities. But they chronicle the beginnings of Corporate India.

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Rediff.com14 Aug 2025

Information technology (IT) services major Infosys on Wednesday announced the formation of a joint venture (JV) with Telstra, Australia's leading telecommunications and technology company. This will allow Infosys to accelerate artificial intelligence (AI)-enabled cloud and digital solutions for Australian businesses.

Joint venture fillip possible for foreign single-brand chains

Joint venture fillip possible for foreign single-brand chains

Rediff.com18 Jul 2013

Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.

Op Sindoor impact: IAF, Navy to place mega orders for BrahMos missiles

Op Sindoor impact: IAF, Navy to place mega orders for BrahMos missiles

Rediff.com5 Aug 2025

The Navy would be using the missiles for equipping its Veer-class warships while the Indian Air Force would be using them to equip its Russian-origin Su-30 MKI fighter jet fleet, the sources said.

Hope to get nod for airline joint venture with SIA: Tata Sons

Hope to get nod for airline joint venture with SIA: Tata Sons

Rediff.com7 Oct 2013

The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.

Taxing times: Joint ventures work better

Taxing times: Joint ventures work better

Rediff.com11 Aug 2007

A husband-wife team with incomes from two separate jobs can take advantage of the tax laws by buying a residence through a home loan.

Bajaj Group get CCI's nod to acquire Allianz's 26% stake in insurance JVs

Bajaj Group get CCI's nod to acquire Allianz's 26% stake in insurance JVs

Rediff.com20 May 2025

Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release.

'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.'

After mall joint venture, Xander bets big on India

After mall joint venture, Xander bets big on India

Rediff.com10 Nov 2016

To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder

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.

'Business as usual': Indian firms brush off Turkiye tensions

'Business as usual': Indian firms brush off Turkiye tensions

Rediff.com10 Jun 2025

Even as New Delhi turns up the heat on Turkish firms over Ankara's public embrace of Islamabad, Indian companies rooted in Trkiye are staying put. Mahindra & Mahindra (M&M), Dabur India, and Jubilant FoodWorks say it's business as usual, with no plans to alter course despite the geopolitical chill.

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).

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.

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.

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.

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.

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.

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.

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.

M&M, Renault joint venture to be revamped

M&M, Renault joint venture to be revamped

Rediff.com10 Feb 2010

The 51:49 JV, owned by M&M and Renault in that order, manufactures the Logan, a mid-sized sedan from a facility based in Nashik.

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

Why Hero exited the joint venture

Why Hero exited the joint venture

Rediff.com20 Dec 2010

The pollution rules set to be enforced from 2015 require heavy investment in R&D, new tech.

Indian joint ventures safe, says AIG

Indian joint ventures safe, says AIG

Rediff.com19 Sep 2008

The American International Group India on Thursday issued a release stating that the US financial crisis does not have any immediate material impact on Tata AIG Life Insurance.

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.

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.

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.

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.

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.

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.

'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.'

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.