Investment

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...

Ashishkumar Chauhan Bombay Stock Exchange (BSE) is further raising the trading speed on its electronic platform, Eurex’s T7, to capture the global players, as India becomes more attractive to investors. "BSE has changed its response time to 6 microseconds on...

Sri Lanka and India are working on an Economic and Technical Cooperation Partnership, to enhance further economic ties between the two South Asia countries. “We are doing an Economic and Technological Cooperation Partnership with India,” Prime Minister Ranil Wickremesinghe said...

Welspun Renewables, India’s leading renewable energy generator, has received another round of funding of US$617 million through a combination of debt and equity infusion by the promoters, existing and new investors. Mr. Vineet Mittal, Vice Chairman Welspun Renewables said, “The...