Ace Derivatives and Commodity Exchange Limited, a Kotak Mahindra Group anchored commodity exchange in India, today announced the launch of a special concession scheme to encourage hedgers’ participation and promote delivery in its ...
Tags: Ace, Kotak Mahindra Group, Cotton, Textile
Tech Mahindra Limited has acquired 51% stake on a fully diluted basis in Comviva Technologies Limited, which provides mobile Value Added Services (VAS), Mobile Money and Mobile Payment solutions. The deal will be subject to regulatory ...
Tags: Comviva, Tech Mahindra, mobile VAS domain, mobile service
Mahindra & Mahindra (M&M) is planning to invest $33m to buy the Navistar International’s shares in order to completely acquire its subsidiaries in India. The agreement of purchase would allow both the companies to continue the ...
Business Line reported that Mahindra and Mahindra Ltd is buying out Navistar Group's stake in two of its subsidiary JV companies for approximately INR 175 crore. Following the buyout,Chakan based Mahindra Navistar Automotives Ltd and ...
Tags: M&M, stake, Navistar Group
Saint-Gobain Sekurit has secured a brand-new deal with the French auto major Renault as it gets set to roll out the off-roader 'Duster' on the Indian roads. Sekurit will stand to gain as the single biggest glass supplier for this programme, ...
Tags: Saint-Gobain Sekurit, Renault, Glass Mate
Business Standard reported that Mahindra and Mahindra will commence production of tractors next month at its new facility at Zaheerabad in Medak district of Andhra Pradesh. Currently, M&M has its automobile plant spread over 343.36 acres ...
Ssangyong Motor, a part of Mahindra Group. has unveiled a new Design Center at the R&D campus of the Pyeongtaek Plant in Gyeonggi Province of South Korea. The center is expected to collaborate with the company's development process and ...
Tags: Motor, Ssangyong Motor, vehicles, vehicles industry
Mobile telecoms provider Three has announced a management agreement deal with Chinese ICT provider Huawei. The five-year contract, worth £120m, will see Huawei deliver service management for Three's core network in the UK, ICT ...
PTI reported that Auto components supplier Continental, which aims to double its revenue from this market by 2016, it will be providing electrical and electronics car body components for Mahindra's electric car Reva NXR, which is expected ...
Sri Lanka, one of the key export destinations for Indian auto manufacturers, has raised import duty on vehicles, making companies jittery just as the government looks to take up the matter. Sri Lanka has increased import duty on ...
Tags: Sri Lanka, auto market, India, car industry
Business Line reported that automotive companies Mahindra & Mahindra, Nissan and Volkswagen have come up with advertisements wooing customers with attractive offers during December. An M&M advertisement said that "The winter just got ...
Tags: automotive companies Mahindra&Mahindra, Nissan, Volkswagen
BS reported that Aditya Birla Group company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country’s export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The ...
Business Line reported that Investindustrial, the Italian private equity fund, has signed a deal to buy a 37.5% stake in Aston Martin, joining Kuwait's Investment Dar, as the luxury car maker's major investor and seeing off competition from ...
First Solar partners with Kiran and Mahindra on 50MWDC of projects in Rajasthan First Solar Inc of Tempe,AZ,USA,project developer Kiran Energy Solar Power Pvt Ltd of Mumbai,India and Mahindra Solar One Pvt Ltd(a joint venture between ...
Tags: First Solar, 50MWDC, Rajasthan
Three has announced a new partnership with Huawei, giving the Chinese firm the responsibility of managing its network. Huawei will take responsibility of service management and operations surrounding Three’s core network, and will ...
Tags: Huawei, Partnership, Contract