Investment

Stable outlook for Vedanta The 1,215 MW Captive Power Plant (CPP) of Vedanta at Jharsuguda is the largest of its kind in India. #S&P Global Ratings has raised its foreign currency long-term corporate credit rating on #Vedanta Resources PLC to...

Warburg Pincus' US$8bn investment New York-headquartered #Warburg Pincus may invest US$8 billion in India over the next 10 years, twice of what it did in two decades, its senior executives said. "We never believe in numberical targets and do not...

Rupee-bond rating #S&P Global Ratings has assigned its 'BB+' long-term issue rating to a proposed issue of rupee-denominated offshore bonds, commonly known as "masala" bonds, by #Shriram Transport Finance Co. Ltd. (STFC: BB+/Stable/B). “We equalize the rating on the notes...

Textile MoUs Minister Irani highlights textile potential during MoUs signing.  Gujarat based textile sector has signed Rs.8,835 crore worth of #Memorandum of Understanding (MoUs) for developing the industry through projects such as textile parks, textile processing, machinery, carpet development. The...

NTPC rated 'BBB-' NTPC plant. A strong market position, says S&P. #S&P Global Ratings has assigned its 'BBB-' long-term issue rating to #NTPC Ltd.'s proposed drawdown under its US$4 billion senior unsecured medium-term notes program. The rating is subject to...

DIFC reinforces status as global financial services hub Iconic DIFC: home of Indian banks. Four major Indian finance firms are strengthening their operations at DIFC, highlighting the Dubai financial free zone’s position as a natural platform for investment from the...

Gujarat port development and modernization projects Major projects were presented at the Vibrant Gujarat Global Summit 2017, the highlights of which included a Global CEO conclave. Gujarat has been at the forefront of the maritime development in India with approximately...

Infrastructure leap Inauguration of Vibrant Gujarat 2017. India is taking a leap towards next generation infrastructure, both in core and social sectors as well as rural and urban areas, #Prime Minister Narendra Modi told international investors at the #Vibrant Gujarat...

PerkinElmer's Tulip #PerkinElmer, Inc. (NYSE: PKI), a global leader committed to innovating for a healthier world, has entered into a definitive agreement to acquire Goa-based #Tulip Diagnostics Private Ltd. Tulip is one of the country’s largest domestic providers of in-vitro...

Online real estate #PropTiger.com and #Housing.com, two of India’s leading online real estate service providers, to become India’s largest online real estate services company. As part of the transaction, #REA Group Limited (ASX: REA) will invest US$50 million in the...