Investment

Essar's US$10.9bn sales   India's Essar Group has sold 98 per cent of its stake in Essar Oil Ltd (EOL) to a Russian led buyers' group for US$10.9 billion, the biggest deal involving an Indian business. The deal was done...

Russia's big deals Modi and Putin meeting in Goa on October 15, 2016. Russia, a long-standing friend of India, has signed key agreements on October 15, 2016, accelerating India’s industrialization programmes. The deals were signed in Goa during meetings between...

German participation in port rails India and Germany will work together on projects worth Rs.1 Lakh Crore being implemented by the Indian Port Rail Corporation Ltd (IPRCL) which is specifically set up to build rail connectivity with Indian ports. The...

Singapore office for Indian market California-based Gunderson Dettmer Stough Franklin Villeneuve Franklin & Hachigian, LLP has opened an office in Singapore which will service clients in India and South East Asia. “We have been working with emerging growth companies and...

Support MSMEs Sitharaman addressing the First BRICS Trade Fair on Oct 13, 2016. India has taken a lead on the Macro, Small and Medium Enterprise (MSME) sector, lending financial and technological support in the current weak global economic environment. “We...

Work starts on GAIL pipeline GAIL has ordered 345-km natural gas pipeline laying work from Phulpur to Dobhi under phase-IB of the 2,539-km Jagadishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline (JHBDPL). Costing about Rs.306 crore, the pipeline’s two-section are to be executed simultaneously by...

GAIL's new PE GAIL starts PE production. GAIL (India) Limited has started its first UNIPOL™ PE Process line with the capacity to produce 400,000 tons of polyethylene (PE) per annum at the 810,000 tons per annum petrochemical plant at Pata...

India: PEs/VCs' hotspot India received the bulk of the US$16 billion South Asian investments by Venture Capitalists and Private Equities in 2015, according to data from the Singapore Venture Capital & Private Equity Association (SVCA). The investment comprised US$9 billion...

Tata Communications' two new centres Singapore-headquartered Tata Communications is set up two new centres in Malaysia and the Middle East for cloud data centres infrastructure, responding to strong demand from Internet of Things (IoTs) services. “We continue to expand the...

Emerald Media's stake in YuppTV Emerald Media, a Pan-Asian platform established by leading global investment firm KKR for investing in the media and entertainment sector, has acquired a minority stake in YuppTV for US$50 million. YuppTV is one of the...