Investment

Greenko participate in Sikkim hydro project The Competition Commission of India (CCI) has approved the acquisition by Greenko Mauritius (Acquirer/Greenko) in Teesta Urja Limited (TUL), under Section 31(1) of the Competition Act, 2002. The proposed combination relates to the acquisition...

Otter-Link enter NBFC business The Competition Commision of India (CCI) has approved acquisition of additional equity shares in Hero FinCorp Limited by Mauritius-registered Otter Limited and Link Investment Trust. The proposed combination envisages subscription to additional equity shares in Hero...

Seven properties combine in REIT The Competition Commision of India (CCI) has approved proposed combination involving setting up of Mindspace REIT (REIT) by K. Raheja Corp Group. It also involves acquisition of certain equity shareholding held by selling shareholders in...

Boost domestic demand, says Aggarwal The markets are expected to stabilize as fundamentals of Indian economy are strong enough to withstand the external shocks on the back of robust economic reforms undertaken by the Government in recent years, assured Dr...

Economy: Low vehicle utilization Shriram Transport Finance Co Ltd’s (STFC) low exposure to Yes Bank's hybrid securities will shield its financial profile, according to S&P Global Ratings. STFC does not hold any Additional Tier 1 (AT1) capital instruments of the...

Sky is the limit for CRE investors India’s commercial real estate (CRE) sector continues to hog the headlines, reporting large investment inflows, a steady rise in rentals and falling vacancy levels - all backed by extremely robust demand. This offset...

Railways has pivotal role in trade Indian Railways is a key sector for development and is cherished as an attractive destination for foreigners, said Katsuo Matsumoto, Chief Representative of Japan International Cooperation Agency (JICA). Addressing the 7th PHD Global Rail...

Blackstone invested $16bn in 18 months India's economic slowdown and credit crisis is generating a surge in demand for capital from beleaguered companies that will provide buyout opportunities for Blackstone Group Inc, which has invested US$6 billion in the last...

Govt in constant touch with stakeholders The Government has prepared a roadmap for investment of more than Rs.100 lakh crore on infrastructure and chosen a path of Powerful Progressive Push (PPP) for the development of the country through Public-Private Partnership...

Think beyond short-term headwinds Though the coronavirus-hit weakening economic situation is not going to be manageable for this year, the government’s latest flexibility of privatizing loss-making Air India should be viable from 2021, financial industry sources believe. The sources appreciate...