List Of Important MOU's Agreements and Acquisitions/Mergers Dec 2015 Pdf LIC AAO Bank Exams

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List Of Important MOU's Agreements and Acquisitions/Mergers Dec 2015

MoU signed between Ministry of Skill Development and Entrepreneurship (MSDE) and the Department of Heavy Industry (DHI)

A Memorandum of Understanding (MoU) for skill development in the manufacturing sector, with focus on capital goods and automotive sector was signed here today.

The purpose of the MoU is to create centres of excellence for different manufacturing skills and a multi-location national institute of manufacturing technologies for training education and research by utilizing/upgrading the existing training facilities of Central PSUs such as HMT, BHEL and Instrumentation Ltd. under the DHI.

This will ensure that a robust national ecosystem for development of skills in the manufacturing sector is created in the country and internationally known best practices in this field are brought in with active participation of countries like Germany.

Tata Trusts, Khan Academy in 5-year education partnership

Tata Trusts, Khan Academy Sign MOU

One of the world’s largest open-access online educators, Khan Academy, announced a five-year, not-for-profit partnership with the Ratan Tata-led Tata Trusts to enable free online education for the Indian market. "The Khan Academy partnership will enable us to deliver education free of cost to anyone and at any time and any place, with just the help of a connected device."

The US-based Salman Khan, who founded the Khan Academy in 2006 after a few years of teaching his cousin Nadia some concepts in mathematics, said this multi-million dollar partnership will look at hiring Indian teachers and teach in Indian languages through videos that are mapped to the Indian education system, especially NCERT textbooks. It has already launched a Hindi portal recently.

Hindustan Unilever acruires Indulekha in return to hair oil segment

Hindustan Unilever acruires Indulekha

Packaged consumer goods firm Hindustan Unilever Ltd (HUL) has acquired Kerala-based hair oil brand Indulekha for Rs.330 crore, marking a comeback to the segment which it had exited in 2006. HUL has signed the agreement with Kannur-based Mosons Extractions Pvt. Ltd to acquire Indulekha hair oil brand

Pininfarina SpA acquired by Tech Mahindra and Mahindra & Mahindra

Pininfarina SpA acquired by Tech Mahindra and Mahindra & Mahindra

Tech Mahindra and Mahindra and Mahindra Ltd, part of the Mahindra Group, have agreed to buy Italian car designer Pininfarina S.p.A. in an all-cash deal.

The Ferrari P4/5 is one of the luxury brand cars designed by Pininfarina
60:40 joint venture : Tech Mahindra and Mahindra and Mahindra have formed an 60:40 joint venture for the acquisition of Milan-listed Pininfarina, which has designed cars for Ferrari, Maserati, Rolls-Royce and Cadillac.

Dow And DuPont Merge In $130B Deal

After competing against each other for decades, agriculture, chemicals and materials giants Dow Chemical DOW and DuPont are combining in a $130 billion merger of equals that will create a new company, albeit not for long. The resulting behemoth, DowDuPont, is expected to be broken into three parts. The transaction amounts to a doubling down on the conglomerate structure, and then quickly repudiating it.

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