October 14, 2026
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JSW Group wants Volkswagen to take responsibility for a $1.4 billion tax liability in India as the two companies negotiate a proposed joint venture for Volkswagen’s passenger vehicle business in the country, Bloomberg News reported on Thursday, citing sources. The companies have reportedly reached a preliminary agreement, but the venture’s valuation and treatment of the Continue Reading
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Volkswagen (VW) Group expects to finalize a deal with a local Indian partner this year to accelerate its momentum in the world’s third-largest auto market. According to Klaus Zellmer, CEO of VW’s Skoda brand—which oversees the group’s strategy in India—having a partner with strong local roots will strengthen their position and help fund the next […]Continue Reading
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Adani Group has announced a 50:50 joint venture with the Japanese conglomerate Kowa Group to market green hydrogen in Japan, Taiwan, and Hawaii. The billionaire-led Adani conglomerate is committing up to $50 billion over the next decade to establish a comprehensive green hydrogen ecosystem in India, initially producing 1 million tonnes of green hydrogen and […]Continue Reading
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According to a report by ET, Foxconn is currently in discussions with Taiwan Semiconductor Manufacturing Co (TSMC) and Japan’s TMH Group for potential joint venture and technology partnerships to establish semiconductor fabrication units in India. This comes after Foxconn ended its joint venture with India’s Vedanta Group to manufacture semiconductors in India. Continue Reading

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