Electronic Commission – On the way: August 2020 Financial News

The Government recently announced an Rs 40,000 Crore Production-Linked Incentive Scheme for electronics. It is working upon setting up an Electronics Commission to push electronics’ manufacturing and reducing its import dependence on China. Here is some latest financial news of private equity, venture capital and mergers & acquisitions: Private Equity PAG to buy 51% stake in Edelweiss Wealth Management: Hong Kong private equity firm PAG has struck its second India related transactions as it inked an agreement to pick up

JSW Group to stop Imports from China in 2 Years: July 2020 financial news

Joining the “Boycott China” chorus, JSW Group, which has a net import of $400 million annually (majorly ‘clinker’, a form of cement) from china decides to bring it down to zero in the next 24 months. Here are some latest financial news of private equity, venture capital and mergers & acquisitions: Private Equity BP invests $70 mn in Everstone-Lightsource’s green energy fund: BP Plc has invested $70 million (Rs 524 crore) in a green energy fund managed by EverSource Capital.