Investment

Tapping Kirana network Investors are making in-depth studies of the Indian market’s expansion from metros, cities, urban regions to rural towns and villages, led by the mobile broadband access for placing every dollar in start-ups to small corner shop “Kirana”,...

VC raises USD100m Mumbai-based Indian Quotient is in the midst of launching a USD100 million fund raising exercise in India and South East Asia for the Indian market. The fund will be for Indian Quotient’s investments in start-ups in India,...

Green platform Sembcorp plant in Andhra Pradesh. Singapore’s Sembcorp Industries sees wind and solar energies as new business growth in India, following on the success of coal-fired power generating plant in Andhra Pradesh. Sembcorp Green Infra is a growth platform...

Sanmar's Egyptian plant Noida-based Nuberg Engineering is to build The Sanmar Group's a calcium chloride plant in Port Said, Egypt. The US$20 million is for design, detailed engineering and procurement of complex chemical equipment for TCI Sanmar for the anhydrous...

EESL seeks technologies Needs to improve energy efficiency of street lightings such as those along Marine Drive in Mumbai. Energy Efficiency Services Limited (EESL) will procure latest technologies for projects to improve energy use efficiency in bulk water supply, public...

Punjab's food parks The Ministry of Food Processing Industries has approved three Mega Food Parks in Punjab. The First Mega Food Park located at Fazilka has already become operational. The foundation stone was laid for the second, Ludhiana Food Park...

Masala Bonds momentum An estimated top 100 Indian corporations will raise project financings through Masala bonds in the coming years with power group, NPTC Ltd, starting a road show for US$500-$700 million from November.   SGX aims to be home...

Synergy expands India's Synergy Group is expanding its global footprint by adding 30-40 ships over the next two years to its 130-ship fleet and opening of new offices in China, Japan and Europe, reported Press Trust of India. "Our plans...

Eros stake raised Two of the existing top 10 institutional shareholders of Eros International Plc have increased their holdings in the Indian film entertainment company. Eros said it raised approximately US$30 million through a private placement, the proceeds of which will be primarily...

Next SGB tranche mid-October The next Tranche of Sovereign Gold Bond (SGB) Scheme is expected around the third week of October, 2016, following on the success of Fifth Tranche SGB which is expected to raise Rs. 820 Crore from 2.36...