Investment

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...

Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is expanding its presence in India, doubling production capacity and construct an automotive OEM coatings development laboratory at its operations center at Savli in Gujarat State. The added...

Chinese heavyweight Alibaba Group Holding Limited and its financing company, Ant Financial Services Group, have agreed to make a strategic investment in Paytm, India’s largest mobile payment & commerce platform. Alibana and Ant Financial have signed an agreement with One97...

Sweden’s AarhusKarlshamn (AAK) has acquired 51 percent of the shares of Kamani Oil Industries Pvt Ltd, one of the leading speciality and semi-speciality oils and fats companies in India. The company had revenues of approximately SEK 1,000 million last year,...

A.M. Best has revised the outlook to stable from positive and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of United India Insurance Company Limited (UIIC). The underwriting performance of UIIC has improved...

Interview: For over 75 years, Boeing commercial aircraft have flown the Indian skies. Tata Airlines operated a DC-3 aircraft in India and since then, with the 707, 747, 757Freighter, 777, 737 and the game-changing 787 Dreamliner, Boeing has been the...