Investment

TNB's strong foothold   Tenaga's US$300 million investment in India through GMR Energy operator of power plants including Kakinada. Malaysia’s Tenaga Nasional Bhd (TNB) sees future value in India’s large and supply constrained power market which is projected to have...

ECL's Masala bond Mumbai-based ECL Finance Limited has raised Rs5.02 billion (US$75 million) from its Masala bond from Singapore. The bond has a tenor of three years and two months, and was priced at 9.05%, said the Singapore Exchange (SGX)....

Opportunities missed! American businesses are bullish on doing business with India despite slow-paced reforms but President Barrack Obama, who leaves office January 2017, will not be able to help with the Indian civilian nuclear programme by getting China’s support, according...

DHL Express sees double-digit growth DHL Express is expecting a “strong double-digit” growth in its service in India, where annual economic growth is projected to average 7.5 per cent to 8+ per cent in the coming years as the liberalized...

Green bonds lead India is ranked 7th internationally for total labelled green bond issuance and is a global leader in external certification of green bonds, according to a report. The India State of the Market Report on Green Bonds launched...

Tata Power focuses on renewables Tata Power will increase its renewable energy footprint to 30-40 per cent of the total 20,000-MW capacity it aims to build and operate by 2025, said its chief executive and managing director Anil Sardana. Tata...

Angel Investment Tax Arun on impact of Angel Investors tax. Let’s correct angel investment tax on start-ups, writes Arun M Viswanath, a CEO at Gyalizo KE, a Chennai-based consultancy. In these times of great excitement to push forward the startup movement...

OCP-Kribhco JV OCP and Kribhco after signing the joint venture. OCP and Kribhco are entering into a 50:50 joint venture to develop a large-scale greenfield NPK fertilizer plant in Krishnapatnam, Andhra Pradesh. The US$230 million will have an annual production...

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...