The NFA Post https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Sat, 02 Mar 2024 15:16:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean CG Power, Renesas & Stars Microelectronics To Jointly Build Semiconductor Facility In India https://thenfapost.com/2024/03/02/cg-power-renesas-stars-microelectronics-to-jointly-build-semiconductor-facility-in-india/ Sat, 02 Mar 2024 08:07:59 +0000 https://thenfapost.com/?p=348554 JV to set up manufacturing facility in Sanand, Gujarat and plans to invest Rs 7,600 crore over a five-year period Chennai, NFAPost: CG Power and Industrial Solutions, part Murugappa Group, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions and Stars Microelectronics (Thailand) Public Co Ltd, a Thailand-based outsourced semiconductor assembly and test (OSAT) […]]]> Reliance, Disney Sign Pact To Form JV, To Merge Media Operations In India https://thenfapost.com/2024/02/28/reliance-disney-sign-pact-to-form-jv-to-merge-media-operations-in-india/ Wed, 28 Feb 2024 14:44:05 +0000 https://thenfapost.com/?p=347625 Reliance To Pump In Rs 11,500 Cr for JV’s Growth Strategy Chennai, NFAPost: In a major consolidation in the Indian media landscape, Ambani-promoted Reliance and Disney on Wednesday announced a strategic joint venture to bring together under an umbrella the most compelling and engaging entertainment brands in the country. As part of the deal, Reliance […]]]> Foxconn Pulls Out Of Semiconductor Joint Venture With Vedanta Ltd https://thenfapost.com/2023/07/11/foxconn-pulls-out-of-semiconductor-joint-venture-with-vedanta-ltd/ Tue, 11 Jul 2023 01:30:25 +0000 https://thenfapost.com/?p=283636 Foxconn and Vedanta signed a pact last year to invest $19.5 billion to set up semiconductor and display production plants in Gujarat New Delhi, NFAPost: Taiwan’s Foxconn said it is pulling out of a joint venture (JV) with metals-to-oil conglomerate Vedanta Ltd that was set up to produce semiconductors from India, according to news agency […]]]> Kirloskar System Appoints Manasi Tata as Director On Kirloskar JV Companies Boards https://thenfapost.com/2022/12/26/kirloskar-system-appoints-manasi-tata-as-director-on-kirloskar-jv-companies-boards/ Mon, 26 Dec 2022 14:08:45 +0000 https://thenfapost.com/?p=227056 Bangalore, NFAPost: Kirloskar Systems Pvt. Ltd. (KSPL) announced the appointment of Manasi Tata as Director on the board of KSPL’s joint-venture companies, including Toyota Industries Engine India Pvt. Ltd. (TIEI), Kirloskar Toyota Textile Machinery Pvt. Ltd. (KTTM), Toyota Material Handling India Pvt. Ltd. (TMHIN), and Denso Kirloskar Industries Pvt. Ltd. (DNKI). To take effect immediately, […]]]> Tata Group In Talks With Wistron To Assemble iPhones https://thenfapost.com/2022/09/12/tata-group-in-talks-with-wistron-to-assemble-iphones/ Mon, 12 Sep 2022 01:30:26 +0000 https://thenfapost.com/?p=197780 Apple began iPhone assembly in the country in 2017 via Wistron and later with Foxconn New Delhi, NFAPost: Tata Group is in talks with Taiwanese supplier Wistron Corp to establish a joint venture to assemble Apple’s iPhones in India, Bloomberg News reported. The venture would be the Indian salt-to-software group’s latest push into technology manufacturing […]]]> Web Werks Enters Into Joint Venture Agreement With Iron Mountain For $150 M Equity Investment https://thenfapost.com/2021/02/25/web-werks-enters-into-joint-venture-agreement-with-iron-mountain-for-150-m-equity-investment/ Thu, 25 Feb 2021 09:15:29 +0000 https://thenfapost.com/?p=56487 Independent data center provider Web Werks has entered into a strategic relationship with Iron Mountain, who will invest $150 million primary equity into Web Werks over the next two years. After the investment period, Iron Mountain will be the majority investor in the venture. Once completed, this transaction will allow Web Werks to accelerate its […]]]> Ford, Mahindra Cancel Proposed Automobile Joint Venture https://thenfapost.com/2021/01/02/ford-mahindra-cancel-proposed-automobile-joint-venture/ Sat, 02 Jan 2021 02:53:06 +0000 https://www.thenfapost.com/?p=38800 Mumbai, NFAPost: Ford and Mahindra have decided to call off their automotive joint venture, due to the “global economic and business conditions caused, in part, by the global pandemic”. Ford insisted that it will continue to maintain its solo operations in India. The statement by Ford said that the decision was driven by fundamental changes in global economic […]]]>