Tata Steel Limited approved a scheme to amalgamate Neelachal Ispat Nigam Limited (NINL) with itself and an investment of up to USD 2 billion in its wholly owned subsidiary at its board meeting held on 17 March 2026. The decisions are subject to regulatory approvals and are aimed at restructuring operations and supporting overseas business […]
The National Institute of Electronics and Information Technology (NIELIT) has signed a memorandum of understanding (MoU) with the Singapore Semiconductor Industry Association (SSIA) during SemiconIndia 2025 in New Delhi. The agreement covers areas including semiconductor skills development, industry–academia collaboration, and capacity building in semiconductor technologies. According to NIELIT, the partnership combines Singapore’s expertise with its […]
Permanent Magnets Limited has announced that its wholly owned subsidiary, Quantum Magnetics Private Limited (QMPL), has entered into a joint venture agreement with Singapore-based Lorentic Pte. Ltd. The agreement was approved by the board of Permanent Magnets Limited on 28 August 2025. The venture will focus on manufacturing, marketing and distributing neodymium magnets and related […]
Bernhard Schulte Shipmanagement (BSM), a provider of global ship management services, has introduced a methanol bunkering simulator at its Maritime Training Centre in Kochi, India, in collaboration with Wärtsilä. The simulator is designed to train seafarers in the handling of methanol as a marine fuel, with an ammonia bunkering simulation module scheduled for launch in early […]
Syrma SGS Technology Limited, a producer of electronic systems, has entered into a manufacturing agreement with Dynabook Singapore Pte. Ltd. to produce laptops in India. This marks the second international order secured by Syrma SGS in 2025. Under the agreement, Syrma SGS will manufacture Dynabook’s range of laptops for enterprise customers and public sector clients […]
Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India have established a 50:50 joint venture focused on manufacturing-related activities in renewable energy and green hydrogen. The new entity will be responsible for the production, operation, and sale of renewable energy and green hydrogen, along with associated derivatives. According to a statement issued by the […]
TVS Motor Company announced that its wholly owned subsidiary, TVS Motor (Singapore) Pte Ltd, has divested its stake in ION Mobility Pte. Ltd., a Singapore-based electric vehicle company. In exchange, TVS has acquired certain identified assets from ION Mobility for a net cash consideration of approximately USD 1.75 million. According to financial disclosures, ION Mobility […]
Sembcorp Industries has signed two non-binding Memoranda of Understanding (MoUs) with the Government of Odisha. The agreements, facilitated through Sembcorp’s subsidiaries Sembcorp Green Hydrogen India Private Limited and Sembcorp Development Ltd, aim to assess the development of a green hydrogen production facility and an industrial park in Odisha. The MOUs were formalized in the presence […]
Gujarat Fluorochemicals Limited (GFCL) has announced the incorporation of a wholly-owned overseas subsidiary by GFCL EV Products Limited, a subsidiary of GFCL. The new entity, GFCL EV Products Pte. Ltd., was established in Singapore on January 7, 2025. According to a statement issued by GFCL, the Accounting and Corporate Regulatory Authority of Singapore issued the […]
Bartronics India Limited has signed a Memorandum of Understanding (MoU) with Singapore-based PTW Group to develop semiconductor manufacturing and training capabilities in India. The agreement aims to address the growing demand in the semiconductor sector, including production, refurbishment of equipment, and workforce training. According to a company press release, the collaboration plans to establish facilities […]
