Britannia says Cheese. Brings in partner into the business

Britannia has entered into a JV with Bel SA, France (Bel) to undertake the development, manufacturing, marketing, distribution, trading and selling, etc., of cheese products in India and certain other countries. Bel Group is a world leader in branded cheese and a significant player in the healthy snacking segment with brands like The Laughing Cow, … Read more

Mahindra and Actis partner to develop industrial and warehousing facilities

Mahindra Lifespaces (ML), a 51.33% subsidiary of M&M is partnering with Actis to own and operate industrial and warehousing real estate facilities in India. Partners will jointly invest in Asset Owning SPVs (SPVs) as well as Operating Company which will provide service to those Asset Owning SPVs. In both kinds of entities, ML plans to … Read more

Minda updates on various ongoing expansions. All seem to be in the right direction.

The Company has updated on the following – JV with FRIWO Group to expand component offerings to the electric vehicles Technology Licence Agreement with Dhama Innovations for Temperature Controlled Automotive Seats¬† (TCAS) Expansion of alloy capacities both for 4 wheelers and 2 wheelers All the above expansions definitely seem to be in the emerging areas … Read more

Eris Lifesciences enters into insulin segment

Eris has formed a JV with MJ Biopharm for this purpose. Key points to note – Eris will hold 70% of the JV and MJ 30%. MJ is also getting Rs 15 crore as one time lump sum licence fee. MJ will be responsible for development of products and Eris marketing of those. JV seems … Read more