Tata inks deal with US co to explore production of Javelin missiles in India

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 […]

FM sale turned down, TV Today hands over airtime sale to ENIL

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 Pfizer deal to hit Indian unit due to the loss of Meronem

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 […]

Hexaware, WorkFusion to offer artificial intelligence solutions

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 […]

RCom will continue to hold spectrum edge over Reliance Jio after 800 MHz sale

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 […]

RCom users can use Reliance Jio 4G under new tie-up

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, Rosneft sign first-stage agreement for Vankorneft JV

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 […]

Shoppers Stop to sell clothes via Snapdeal

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, Tata sign agreement to manufacture aerospace parts in India

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 opens 73,200 sq ft integrated ‘3S’ center in Tumkur

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 […]

TCS becomes ‘Premium Partner’ to Adobe in quest for digital growth

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 […]

Flipkart ties up with Future group, Shopper’s Stop and @Home to home decor online

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,” […]

American brand Aeropostale enters India in tie-up with Arvind

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, […]

SBI, MakeMyTrip to tap cross-selling opportunities

State Bank of India and MakeMyTrip.com signed an agreement today which will see the travel portal make use of India’s biggest bank’s infrastructure to meet its finance and banking related requirements related to its online travel portal. “SBI aims at becoming a “One Stop” solution provider for the entire range of financial needs of e-Commerce […]