Investment

Singapore is sharing its expertise in urban planning to help develop two new townships in Jodhpur and Udaipur, Rajasthan, said Home Affairs Minister K. Shanmugam who visited the desert state November 17-20, 2015. Speaking after attending the “Resurgent Rajasthan Partnership...

Thirty-four stuck projects are expected to restart following the Indian government’s go-ahead given to the National Highway Authority to extend concessionary support to road developers for implementation delays, noted the Singapore-based banking group, DBS. In a similar vein, railway infrastructure...

Leading global investment firm KKR will fund Avendus Capital’s foray into the credit solutions business and to grow its wealth and alternative asset management solutions offerings to its customers. KKR announced the investment deal on November 17, 2015 with Avendus...

Shell has had a roller-coaster ride in India. Having started in the decade of 1920s as Burmah Shell, it has been a journey of many avatars, going through high-powered gear shifting, including nationalization and then moving back to commercially-driven business...

Indian Register of Shipping (IRClass), the leading international classification society, has acquired Geological and Metallurgical Laboratories (GML), a leading India-based industrial testing and standards setting company. The acquisition was through IRClass Systems and Solutions Pvt. Ltd. Bangalore-based GML is a...

GE will invest US$200 million to develop and supply Indian Railways with 1,000 diesel locomotives, having recently received a Letter of Award from the Ministry of Railways. The locomotive supply and maintenance contract, worth approximately $2.6 billion over 11 years,...

Starwood Hotels & Resorts Worldwide has opened St. Regis Mumbai in partnership with Pallazzio Hotels & Leisure Limited. The Mumbai hotel marks the entry of the St. Regis ultra-luxury brand brand in India and South Asia. “The introduction of St....

iQor, a global provider of customer contact solutions and product support services, plans to invest US$200 million in building an expanded, pan-India service network to deliver world-class end-to-end aftermarket services. Currently the company, the largest aftermarket services provider in the...

Global investment firm KKR and The Chernin Group, LLC, have announced a multi-faceted partnership that includes the creation of Emerald Media, a new vehicle to fund investments capitalizing on fast-growing opportunities in the media and entertainment industries across Asia including...

American Tower Corp will acquire a 51% controlling interest in Viom Networks Limited, which currently owns and operates approximately 42,200 wireless communications towers and 200 indoor distributed antenna systems across India. American Tower, Tata Teleservices Limited, and SREI Infrastructure Finance...