Mitsui News

News

Squat on Western-style toilet to achieve five-digit stock price: Mitsui Mining

The company suggested that squatting on western-style toilets be included in its code of conduct

2 min read14 Jun 2020
Auto News

Mitsui, TECO tie up to make EV motors in India

Two firms plan to build a $14 mn production facility in Bengaluru through their JV, TEMICO InternationalTEMICO India was set up by Mitsui and TECO in April last year wherein the former holds 40% and the remaining 60% stake is with the latter

2 min read31 Oct 2019
Companies

SmartE raises ₹100 cr from Japan’s Mitsui

SmartE, which operates a fleet of over 1,000 electric rickshaws in Delhi-NCR, will use the funds to expand into new marketsThe five-year-old startup had raised $5 million in 2017 from Singapore’s Ecotransit Investments International Pte Ltd in a series A fundraise

1 min read21 Jul 2019
Companies

Medikabazaar in talks to raise $28 million from Japan's Mitsui and others

The startup, which was founded in 2015 by Vivek Tiwari and Ketan Malkan, sells medical and hospital supplies to over 20,000 hospitals and clinics across 23 cities in IndiaThe Series B funding will be used in hiring fresh talent, upgrading its technology base, and for expanding locally within more tier-3 and tier-4 cities

2 min read28 May 2019
Companies

Mitsui to buy Reliance ethane carrier fleet

RIL has 100% holding in six limited liability companies which own the very large ethane carriers (VLECs)Mitsui OSK has a fleet of over 850 vessels

1 min read17 Apr 2019
Companies

GOQii raises funds in Series-B round led by Mitsui

Mitsui's investment will enable GOQii to penetrate further across India and will also mark its entry into Japan

1 min read26 Nov 2018
Industry

Hero Cycles joins hands with Yamaha, Mitsui for electric bicycles

The first product for India to roll out from this alliance would be a high-end electric-mountain bike under the Hero brand

1 min read21 Nov 2018
Companies

Reliance Jio plans to raise $500 million from Japanese banks

Reliance Jio is said to be in discussion with Japan's MUFG , Mizuho Bank and Sumitomo Mitsui to raise $500 million in debt

1 min read13 Apr 2018
Industry

Max Financial to raise Rs5,000 crore to fund acquisitions by Max Life

Max Financial Services will raise the amount through either a preferential issue or a qualified institutional placement

1 min read10 Feb 2018
Industry

Indian Railways’s first global tender sees interest from Sumitomo, Jindal Steel, 6 others

The global tender will end the monopoly of SAIL in supplying rails to Indian Railways, the loss-making state enterprise has struggled to meet railways' rising demand

1 min read23 Dec 2017
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