Investment

Two-wheeler industry expecting 3.7% CAGR Japan’s Idemitsu, one of the leading manufacturers and suppliers of high-performance lubricants in India, has recently launched a premium semi-synthetic product, Idemitsu 4T 20W-40 MA Engine oil for 4-stroke two-wheelers, which as an industry is...

MFI challenges to continue in the near term The microfinance industry would require an external capital of Rs.8,500-Rs.10,000 crore (30-35% of the closing net worth as of 31 March 2020) for growing at a rate of 15-20% pa over the...

FIEO President expects global economic revival A huge shortage of containers, a hike in sea freight and farmers agitations were the internal matters that have slowed down recovery in India’s October exports which was US$24.82 billion. Exports are expected to...

Emirates identifies sectors to enhance trade and investments India is looking into issues related to the development and operation of UAE-based funds to invest in the country including the SEBI Foreign Portfolio Investor Regulations 2019. The UAE has also identified...

Seattle-origin hospital group sells Indian assets Manipal Hospitals, one of India’s largest multi-specialty healthcare providers, has announced its intent to acquire a 100% stake in Seattle-origin Columbia Asia Hospitals Private Limited, one of the first healthcare companies to enter India...

Appointments: Alok Kumar and Santosh Bag to lead Mumbai office Agam Capital Management, an insurance solutions provider from New Jersey, has opened an office in Mumbai, tapping the deep pool of talent, financial and technical skills to accelerate its penetration...

IREDA has financed more than 2,700 projects Leading renewable energy lender, the Indian Renewable Energy Development Agency Ltd (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) setting key targets for the...

Yelahanka expects big aerospace industry investors Close to 500 companies, both Indian and foreign, are expected to participate in the 13th edition of ‘Aero India 2021’ to be held at Air Force Station, Yelahanka, Bengaluru, 3-7 February 2021, the Defence...

Corp bonds spread at pre-COVID-19 level Fresh bond issuances are expected to rise to Rs.8.0-8.2 trillion during this fiscal, up from Rs.6.55 trillion during FY2020, estimates ICRA Ratings. With estimated redemption of Rs.4.95 trillion in FY2021, the volume of corporate...

KKR’s Asia Pacific infrastructure strategy focus on renewables Global investment firm KKR said its Mumbai-headquartered Virescent Infrastructure aims to expand its diversified portfolio of operational renewable energy assets, facilitated by investments predominantly made through KKR’s infrastructure fund in India. The...