NTPC is in talks for buying out equity of state utilities in some joint venture projects apart from taking over some of their stressed businesses as part of its drive to augment capacity
1 min read18 Feb 2018A joint venture between Swedish defence giant Saab and the Adani group is looking at producing a broad portfolio of products including UAVs and helicopters for the Indian Army
2 min read5 Nov 2017Power Grid's aggressive diversification into intra-state projects comes at a time when the government has approved a scheme to address gaps in rural electrification programme
2 min read23 Oct 2017Nalco's two joint ventures with Amlex and Rusal will manufacture special-grade aluminium to be used in metro trains, e-vehicles, aerospace and automobile sector
2 min read17 Oct 2017Siemens is negotiating with Alstom and Bombardier about potential rail combinations, giving the German engineering firm two options to pursue consolidation in the industry
3 min read21 Sep 2017Businesses need clear defined leadership structures to succeed. Solutions like equal 50:50 joint ventures, like in the McDonald's case, don't really work
5 min read31 Aug 2017Carlyle Group signs a deal with SBI to acquire 26% stake in SBI Card, operated through two joint ventures between the country's largest bank and GE Capital
1 min read21 Jul 2017A year after the initiative was announced in the Railway Budget of 2016, only four states actually formed companies with Indian Railways
2 min read6 Jul 2017The companies are making progress on one JV for their rolling stock operations, which would be controlled by Bombardier, and another for signalling, in which Siemens would have a majority
2 min read29 Jun 2017State Bank of India has said it may look at taking the general insurance business public next fiscal, ruling out any such move in 2017-18.
1 min read18 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared