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DG Innovate sign joint venture with EVage Motors to enter domestic EV space
UK-based advanced R&D firm DG Innovate announced its entry into the domestic electric vehicle space with electric commercial vehicle startup EVage Motors. Read more
Loop Industries signs joint venture with Ester for India production facility
The India facility will leverage the Infinite Loop technology and existing engineering package which accelerates the lead-time towards ground-breaking, slated to occur by the end of this year.Read more
Samvardhana Motherson subsidiary MSSL Mideast to buy Yachiyo India Manufacturing
As per the regulatory filing, this acquisition is part of a deal between Samvardhana Motherson and Honda Motor Co LimitedRead more
Jaykay Enterprises signs a MoU with Philips Machine Tools
Companies signed the Memorandum of Understanding on December 9, 2023. The primary objective of this collaboration is to strategically expand their respective businesses across Pan India and global markets.Read more
Siemens seeks 15% discount on Siemens shares from Siemens Energy
Siemens Energy is contemplating selling a significant portion of its 24% stake in Siemens Ltd to enhance liquidity, a move that has the preliminary approval of both companies.Read more
Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India
Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more
Indian Oil, NTPC JV powers ahead with Rs 1,660.15 cr Investment for RE
Collaboration is to establish renewable power plants that can provide round-the-clock power supply to IOC's refineries.Read more
Indian Biogas Association secures Rs 2,755 cr investments at REI Expo 2023
Gaurav Kedia, Chairman of IBA, revealed that the association, representing bioenergy plant operators, manufacturers, and planners, received these commitments during the expo.Read more
India, Italy forge landmark defence pact for joint ventures and cooperation
India and Italy have formalised a significant defence agreement aimed at bolstering their military collaboration.Read more
Oil India ventures into green hydrogen valleys, renewable energy initiatives
The firm's chairman and managing director, Ranjit Rath, revealed in an interview that OIL is also keen on investing in bioethanol and traditional renewable energy projects.Read more