Darktrace, a British cyber security company, said it partnered with AGC Networks, an India-based technology solutions provider to expand the market for the company´s self-learning technology. “This partnership allows more and more organizations to benefit from Enterprise Immune System technology across Asia, helping defend against today’s advanced cyber-threats,” said Sanjay Aurora, Darktrace Managing Director, Asia-Pacific. […]
Training provider Aptech Ltd said it is entering into preschool education through an alliance with Mumbai-based Montana International Preschool. Montana International Preschool powered by Aptech (MIPA) plans to set up 1000 preschools in India over the next two years. Aptech is the latest education company to enter the pre-school market. TIME, a pioneer in CAT […]
Tata Homes and SBI signed an agreement under which the two companies will make special offers to people who hold their salary accounts in the bank and want to purchase a Tata Homes property with an SBI loan. The nature of these offers was not revealed, but it is estimated that they could involve some […]
Tata Power and Javelin Joint Venture have signed an agreement to explore the production of a anti-armour missile system to meet Indian requirements, the Indian company said. The system will include using the missile on ground combat vehicles or via infantry or helicopters, said the company. The agreement was signed via Tata Power’s Strategic Engineering […]
TV Today Network, part of India Today group, entered into a add promotion Sales Agreement with Entertainment Network India (ENIL) for managing their advertisement campaigns in their three FM stations in New Delhi, Mumbai, and Kolkata, said the company. Following the agreement ENIL has been appointed as the agent of TVTN to facilitate sale of […]
AstraZeneca Pharma India said AstraZeneca UK has asked to terminate its existing distribution arrangements for Meronem (meropenem) in India. “This is as a result of a global agreement by AstraZeneca PLC to sell the development and commercialisation rights to Pfizer Inc, of its late-stage small molecule antibiotics business,” the company said. Separately, its global parent […]
Minda Corporation said it has agreed to set up a fifty fifty joint venture with Shandong Beiqi Haihua Automobile Parts at a cost of $12.5 million. Other details of the agreement, including the location, were not revealed. The agreement was entered via Minda German subsidary, Minda Ktsn Plastic Solutions. It is an exporter from Germany,the […]
Hexaware Technologies said it will offer automation software and services along with US-based WorkFusion under a partnership. The offering will help clients increase productivity, reduce the time required to design new products and cuts operational costs, Hexaware said. The offering will be part of Hexaware’s Digital Managed Services portfolio and will help companies digitize complex […]
Anil Ambani-owned Reliance Communications Ltd will continue to hold a spectrum edge over Mukesh Ambani’s Reliance Jio in the 800 MHz band even after it sells chunks of 4G spectrum to the latter, according to sources. The Anil Ambani group said yesterday that it would sell unspecified amounts of 4G-capable 800 MHz spectrum to Reliance […]
Making it official, Reliance Jio Infocomm Ltd and Reliance Communications Limited (“RCOM”) today announced the signing of agreements for the sale of 800 MHz spectrum in 9 Circles by RCOM to Reliance Jio, and for sharing of spectrum in 800 MHz band across 17 Circles. As part of the enhanced strategic collaboration, both Companies also […]
ONGC Videsh Ltd and Rosneft signed an agreement of confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC Vankorneft. Vankorneft, Rosneft subsidiary, was established in 2004 for development of Vankor oil and gas condensate field – the largest of the fields, discovered and […]
CEAT and Pirelli said that they had entered an exclusive partnership for distribution of Pirelli’s global range of motorcycle tyres in the Indian market. This sole partnership will leverage CEAT’s vast distribution and dealer network pan India, CEAT said. Pirelli is one of the world’s top tyre brands and is known as much for its […]
Adani Enterprises said its deal with US-based solar manufacturer SunEdison is still continuing, and no decision has been taken to annul it. The clarification came after widespread media reports that Adani Enterprises has canceled their agreement and the Indian company was on the lookout for a new partner for its solar venture. The deal with […]
Shree Uttam Steel and Power Ltd, a part of Uttam Galva Group and POSCO Korea, today signed a Memorandum of Agreement to set up an integrated steel manufacturing facility under a Joint Venture arrangement in India. The agreement was signed in Mumbai today. The memorandum of agreement is the first step of a process to […]
Shoppers Stop, one of India’s oldest organized retailer, has tied up with Snapdeal, One of India’s largest online marketplaces, to sell its merchandise through a flagship Shoppers Stop store on the online portal. “This partnership will leverage Shoppers Stop’s unparalleled brand assortment and Snapdeal’s pan India reach to create a superlative and holistic omni-channel retail […]
Boeing and Tata Advanced Systems Limited (TASL) said they signed a framework agreement to collaborate in aerospace and defense manufacturing and potential integrated systems development opportunities, including unmanned aerial vehicles. The companies intend to market jointly the products and platforms developed together by Boeing and TASL. The agreement was signed by Shelley Lavender, president of […]
Tata Motors India’s largest commercial vehicle manufacturer opened a new integrated sales, service and spares facility for commercial vehicles in Tumkur near Bangalore, and said it plans to open two more such ‘3S’ facilities in Davangere and Chitradurga in Karnataka. While the Tumkur facility is spread over 6,800 Square Meters, the facility in Davangere is […]
Tata Consultancy Services said it has has been selected by digital media company Adobe as a Premier Partner, the highest level of partnership among Adobe’s global ecosystem. “This new partnership enables TCS clients to fully leverage Adobe’s Marketing Platform and its core solutions, allowing them to design and execute customized strategies and integrated marketing campaigns […]
Online retailer Flipkart announced a strategic partnership with three of the country’s largest home retail brands—Home Town (Future group), HomeStop (Shoppers Stop) and @Home to sell home decor items. “The partnerships will introduce a whole new range of products from these retail brands—adding to Flipkart’s existing portfolio of 1000+ brands with seven lakhs home products,” […]
Aeropostale, an iconic American brand like Abercrombie & Fitch and Levis, has entered the Indian market under a tie-up with Arvind Ltd, one of India’s biggest clothing makers. The agreement with Arvind will cover both brick-and-mortar retailing as well as ecommerce, the companies said. Under the agreement, Arvind will open 30 standalone stores for Aeropostale, […]
