Investment

Macroeconomic fundamentals at peak in non-oil based Indian economy Commerce & Industry Minister Piyush Goyal has told Canadian businessmen that India has never defaulted on its international obligations and the country’s debt-to-GDP ratio is relatively amongst the lowest in the...

Accordion has a sterling reputation in the private equity space, says Choudary New York-headquartered Accordion has signed a definitive agreement to acquire Hyderabad-based Merilytics to advance data & analytics capabilities for faster valuation creations. “We looked at several companies in...

Minister highlights multifarious interaction between India-US at various platforms Minister of Commerce & Industry Piyush Goyal has expressed hope that more and more US-based corporations will work together with Indian companies in the near future and has cited examples of...

Fresh funds will drive growth across geographies and industries, says Pando Silicon Valley investors Iron Pillar and Uncorrelated Ventures have backed the US$30 million Series B funding by San Jose-headquartered with Pando, a supply chain software company that have raised...

GIFT IFSC is emerging as a gateway to facilitate raising of foreign capital, says Srinivas REC Limited has undertaken an exclusive listing of its recently raised US$750 million Green Bonds under its Global Medium-Term Programme of US$7 billion at GIFT...

Chiratae Growth Fund-I has been oversubscribed by 34% Chiratae Ventures, India's largest homegrown venture capital fund, says the Rs.1,001 crore raised for its first Chiratae Growth Fund (CGF-I) is to be invested in market-leading technology startups. CGF-I will invest in...

Tata Communications and The Switch are now a powerhouse, says Ponda Tata Communications says the US$58.8 million acquisition of New York-headquartered The Switch Enterprises LLC is to bring a more powerful platforms for sports federations and broadcasters. “We’re gearing to...

Karad directs banks to reduce waiting period of loan disbursement Minister of State for Finance Dr. Bhagwat Karad has told bankers to focus on Banking the unbanked, Securing the unsecured and funding the unfunded. Speaking at a review meeting on...

Proceeds to refinance existing dollar debt and fund growth initiatives ReNew Energy Global Plc (Nasdaq: RNW) says its wholly-owned subsidiary Diamond II Limited’s US$400 million raised through the issue of senior secured green bonds has received strong support from investors...

Winters-Kotak to facilitate links between fintech-capital markets Closer, deeper and broader financial cooperation between the UK and India offers huge potential to deliver jobs and prosperity for people in both countries, says Alex Ellis, British High Commissioner to India. “The...