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Infosys has announced a strategic collaboration with OpenAI to accelerate enterprise AI transformation. The partnership combines OpenAI's frontier models and Codex with Infosys Topaz Fabric to modernize software development and engineering workflows. This collaboration aims to help global clients move from AI experimentation to scalable, responsible deployment and measurable business outcomes.
Tipco Engineering India Limited entered a strategic collaboration with Germany's LexaMix to manufacture specialized machinery for cosmetics, pharmaceutical, and food processing industries. Tipco will manufacture process machinery for LexaMix, targeting markets in Europe, South America, the Middle East, and India. This alliance positions Tipco as a global manufacturing partner and strengthens its export business.
Larsen & Toubro subsidiary LTEGL entered a long-term partnership with Japan's ITOCHU Corporation. LTEGL will supply 300,000 tonnes of green ammonia annually from its proposed Kandla facility on a take-or-pay basis. The agreement supports ITOCHU's bunkering operations in Singapore and aligns with India's National Green Hydrogen Mission.
Unicommerce eSolutions Ltd has partnered with Relaxo Footwears Limited to power the latter's e-commerce operations. Relaxo will adopt Unicommerce's Uniware platform to streamline multi-channel order management, inventory, and warehouse operations. This collaboration aims to enhance Relaxo's digital supply chain efficiency and post-purchase customer experience.
Exhicon Events Media Solutions signed a Term Sheet for a strategic partnership at MMLP Indore. The deal includes upfront revenue from design and construction via its subsidiary and long-term annuity income through a 10-year O&M agreement. The project features an asset-light model with revenue sharing of 35% for years 1-3 and 30% thereafter.
Motisons Jewellers Limited entered into an MoU with Moti Developers to develop a new jewellery showroom in Udaipur, Rajasthan. Moti Developers will construct the premises and lease them to the company upon completion. This related-party transaction, conducted at arm's length, supports Motisons' retail expansion strategy in the 'City of Lakes'.
Karnataka Bank has entered into a strategic partnership with Pine Labs Limited to offer advanced Point-of-Sale (PoS) solutions. This collaboration aims to strengthen digital payment options for the bank's Retail and MSME customers across its nationwide branch network, aligning with its 'Digital Bank of the Future' vision.
Maxvolt Energy Industries Limited signed an MoU with FITT, IIT Delhi, to enhance R&D in battery and energy storage technologies. The collaboration focuses on developing and validating battery systems and BMS hardware/software. Intellectual property generated under funded projects will be assigned to Maxvolt, strengthening its technical capabilities.
Engineers India Ltd has entered into a tripartite agreement effective April 20, 2026, with KFin Technologies Limited and Alankit Assignments Limited. This agreement formalizes the transition of Registrar and Share Transfer Agent (RTA) services, with Alankit Assignments Limited serving as the new RTA effective from January 24, 2020.
Hyundai Motor Company and TVS Motor Company executed a Joint Development Agreement to co-develop eco-friendly electric three-wheelers for India. While imposing non-compete restrictions on Hyundai Motor India Limited, the agreement leverages complementary expertise in design and manufacturing. TVS will lead procurement and distribution for the new vehicle range.
Hyundai Motor Company (HMC) formalized a Joint Development Agreement with TVS Motor Company to develop electric three-wheelers for India. HMC will lead concept design and joint development, while TVS handles manufacturing and distribution. The partnership aims to leverage complementary expertise in eco-friendly mobility solutions without impacting Hyundai Motor India Ltd's management.
Intellect Design Arena Ltd has entered into a strategic partnership with Canada-based Khalsa Credit Union (KCU). KCU will adopt Intellect's AI-first eMACH.ai Digital Engagement Platform to modernize its digital banking capabilities across mobile and online channels. This collaboration aims to enhance member experience and operational agility for the British Columbia-based credit union.
Tata Steel partnered with SMS Group to deploy the world's first EASyMelt decarbonisation technology at its Jamshedpur Works. The project aims to reduce CO2 emissions by over 50% at the 'E' Blast Furnace. This initiative supports Tata Steel's target of achieving net zero emissions by 2045 through innovative low-carbon steelmaking solutions.
RateGain Travel Technologies has entered into a strategic partnership with Easebuzz as a Gold Partner for its RG Pay platform. The collaboration integrates Easebuzz's payment gateway to offer domestic payment methods like UPI and cards for Indian travelers. This partnership aims to improve checkout conversions and payment reliability for global travel brands operating in India.
Avio Smart Market Stack Limited partnered with KiVi to deploy agri-fintech solutions in Maharashtra. The initiative, part of Project AVIO Agritech, focuses on Supa and Patas villages to enhance financial inclusion and credit access for rural enterprises. The collaboration aims to leverage digital infrastructure to bridge systemic gaps in the agricultural value chain.
Ravindra Energy's associate, Energy in Motion Limited (EIM), signed an MoU with Drivn to deploy 1,000 electric heavy-duty commercial vehicles in India. The two-year partnership combines EIM's vehicle supply and battery-swapping technology with Drivn's leasing and financing model. This initiative supports large-scale electric fleet deployment and expands Ravindra Energy's footprint in the EV business.
TVS Motor Company signed a Joint Development Agreement with Hyundai Motor Company to develop and manufacture electric micromobility 3-wheelers. TVS retains exclusive manufacturing rights worldwide and distribution rights in India. This strategic alliance leverages Hyundai's design expertise and TVS's manufacturing capabilities to target the growing electric vehicle segment.
OnMobile Global Limited executed a Wholesale Supply Agreement with Flipkart India Private Limited. The partnership covers the supply and distribution of OnMobile's gaming hardware and digital services across Flipkart's platform. This collaboration aims to leverage Flipkart's reach for OnMobile's gaming ecosystem.
OnMobile Global Limited entered a three-year wholesale Supply Agreement with Flipkart India Private Limited. The partnership involves distributing the Company's gaming hardware and digital services across Flipkart's platform. This arrangement targets India's domestic gaming consumer segment through one of the country's largest digital commerce channels, enhancing product reach and discoverability.
Hyundai Motor Company and TVS Motor Company signed a Joint Development Agreement to develop and commercialize electric three-wheelers for India. Hyundai will lead design and R&D, while TVS provides its electric platform and manufacturing expertise. The partnership focuses on sustainable last-mile mobility and local component sourcing to address India's unique urban transportation needs.
TVS Motor Company signed a Joint Development Agreement with Hyundai Motor Company to develop and manufacture electric 3-wheelers. The partnership leverages Hyundai's design expertise and TVS Motor's manufacturing platform to target India and emerging markets. TVS Motor will lead local sales and global manufacturing, while both parties share royalties based on sales territories.
Oil India Ltd's subsidiary, OGEL, signed an MoU with Numaligarh Refinery Limited (NRL) for collaboration in renewable energy development and procurement. This strategic partnership supports Oil India's 2040 net-zero target and emphasizes meeting group captive energy requirements through sustainable energy transitions.
Praj Industries launched an Advanced Precision Fermentation Lab at Praj Matrix and signed an MoU with BRIC–NCCS. This academia–industry partnership aims to accelerate the transition from scientific discovery to scalable biomanufacturing. The initiative supports India’s BioE3 vision, focusing on high-performance, low-carbon bioprocessing solutions and skill development for the bioeconomy.
Highness Microelectronics Ltd signed an MOA with a Chinese manufacturer for technology transfer in TFT-LCD Module glass-cutting and resizing. This partnership enables localized manufacturing for the Indian transportation segment, including railways and metros. The agreement covers rights for India, Australia, and New Zealand, positioning Highness as the sole provider of this technology in India.
Amagi Media Labs Limited has expanded its partnership with AccuWeather to transition its broadcast ecosystem to a unified, cloud-based platform. The engagement leverages Amagi's Managed Services and Master Control Room to manage linear TV and streaming. This collaboration aims to enhance distribution efficiency and regionalization scale for the global weather service provider.
Amagi Media Labs Ltd has entered into a strategic collaboration with Matrox Video. The partnership integrates the Matrox ORIGIN framework into Amagi’s cloud production architecture to enable scalable, software-defined broadcast workflows. This technical synergy aims to provide broadcasters with increased operational flexibility and real-time infrastructure scaling.
RBM Infracon Limited has entered into a Memorandum of Understanding (MOU) with SUJOK GLOBAL Private Limited. This strategic partnership represents a formal collaboration between the two entities, though specific financial details and execution timelines were not disclosed in the announcement.
RBM Infracon signed a binding LOI with Korea's SUJOK GLOBAL for a ₹9,200 Crore (USD 1 billion) semiconductor packaging facility in India. RBM will hold a 30% equity stake with significant governance rights. The project targets high-growth sectors like AI and HBM, aligning with the India Semiconductor Mission.
Phantom Digital Effects Ltd. has entered a strategic partnership with Zee Entertainment Enterprises Ltd., involving a ₹116 Crore investment by Zee via CCDs. The alliance focuses on enhancing content creation in the AVGC segment, leveraging PhantomFX's global VFX expertise and Zee's distribution strengths to develop original IPs and high-impact content globally.
3i Infotech Limited's US subsidiary has joined the SAP Partner Ecosystem under the PE Service Partnership model. This partnership focuses on SAP Cloud ERP and enterprise transformation services, including SAP S/4HANA Cloud and BTP. The collaboration aims to modernize core systems for global customers and strengthen 3i Infotech's cloud-led strategy.