State Street Corp. , STT +1.51% announced Monday that it would take over a joint-venture in India named Statestreet HCL Services. The financial terms of the deal were not disclosed. State Street stated in a press release that bringing the State Street HCL Services expertise and capabilities in-house would create a simplified model for clients to make faster decisions and provide a better experience. In 2012, the joint venture was created with India’s HCLTech information technology company to provide services for business operations. State Street plans to close the deal by 30 June. State Street’s share price has dropped 4.7% since 2023. This compares to the 19.7% rise in the S&P500 SPX ..