Jupiter Wagons Ltd (JWL), a leading provider of mobility solutions and railway engineering products, has announced a landmark strategic partnership with Lucchini RS Holding (LRS), one of the world’s leading manufacturers of railway wheels, axles and wheelsets. Under binding agreements, Lucchini RS will acquire a 15 per cent equity stake in Jupiter Tatravagonka Railwheel Factory...
Tag: partnership
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ONGC, Shell to form partnership for overseas ventures
In order to acquire oil and gas assets abroad, oil explorer Shell and Oil and Natural Gas Corp (ONGC) are considering to forge a partnership. Recently, both the firms said they are keen to come together to explore both upstream and downstream opportunities domestically. Some reports suggest that both the firms would extend this partnership to overseas proje
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OIL, IOT agree to collaborate on oil and gas distribution
Oil India (OIL) agreed to explore the development of city or natural gas distribution network in India and overseas in partnership with IOT Infrastructure & Energy Services. Both the firms signed a memorandum of understanding (MoU) in this regard recently. The MoU is for the EPC (Engineering-Procurement-Construction) jobs related to the distribution network of gas
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Indian delegation may sign deal with French firm
An Indian delegation led by Petroleum Ministry M Veerappa Moily to the US would discuss and sign the proposed memorandum of understanding (MoU) between GAIL India and FranceÂ’s EDF, reports suggest. GAIL wants to rope in the French firm in order to facilitate gas trading and sourcing in the US. Going forward, GAIL wants the partnership to acquire shale gas ass