Tag Archives: joint venture

AI rush: RIL, Meta set up Rs 855 cr JV, Google joins for AI-ready data centres – The Times of India

AI rush: RIL, Meta set up Rs 855 cr JV, Google joins for AI-ready data centres – The Times of India

Reliance Industries Ltd (RIL) on Friday announced a joint venture with social media major Meta, with an initial investment of about Rs 855 crore ($100 million), to build and scale artificial intelligence technology solutions for business organisations.RIL also unveiled a partnership with Google for artificial intelligence, aimed at setting up AI-ready data centres in India. While computing power will come …

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Auto expansion: Sona Comstar forms $20 million joint venture with Jinnaite to enter China; move aims to tap booming EV market – Times of India

Auto expansion: Sona Comstar forms  million joint venture with Jinnaite to enter China; move aims to tap booming EV market – Times of India

Auto parts maker Sona BLW Precision Forgings Ltd (Sona Comstar) has entered into a joint venture with China-based Jinnaite Machinery Co Ltd (JNT) to make a strategic foray into the Chinese electric vehicle (EV) market. As per news agency PTI, the combined investment in the joint venture is pegged at $20 million (around Rs 167 crore), with Sona Comstar contributing …

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JioBlackRock gets Sebi nod to launch investment advisory services, joint venture eyes digital-first strategy; Marc Pilgrem to lead India operations – Times of India

JioBlackRock gets Sebi nod to launch investment advisory services, joint venture eyes digital-first strategy; Marc Pilgrem to lead India operations – Times of India

Jio BlackRock Asset Management, the 50:50 joint venture between Jio Financial Services and global investment giant BlackRock, has received regulatory approvals to commence its investment advisory operations in India, the company announced on Wednesday.The Securities and Exchange Board of India (Sebi) and BSE Ltd have granted approval for JioBlackRock to operate as a Registered Investment Adviser (RIA), marking the next …

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BPCL, Sembcorp form JV for green hydrogen, renewables – The Times of India

BPCL, Sembcorp form JV for green hydrogen, renewables – The Times of India

NEW DELHI: State-run Bharat Petroleum (BPCL) on Monday will form an equal joint venture with Sembcorp for green hydrogen production as well as other renewable energy projects in India and elsewhere.Sembcorp will execute the joint venture through its wholly-owned subsidiary Green Hydrogen India Pvt Ltd. The JV will leverage Sembcorp’s experience in renewables and BPCL’s experience in the petroleum sector …

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