Indiabulls India Estate and two subsidiaries of the Embassy Group have entered into an agreement to merge their residential and commercial projects. This shall become one of the India’s leading real estate development platforms, with 80.8 Million sq. ft. launched and planned development potential. Here are the latest financial news of private equity, venture capital and mergers & acquisitions: Private Equity Agri-business firm DCM Shriram raising debt capital again for expansion: DCM Shriram Ltd, diversified manufacturing company that makes products
Tag: Venture Capital
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.
After Mubadala, Sovereign fund ADIA bets $752 Mn on Reliance’s JIO platforms: June 2020 financial news
Abu Dhabi Investment Authority (ADIA), which invests money globally on behalf of UAE’s emirate, which invest money globally on behalf of UAE’s emirate is investing Rs 5,683.5 Cr ($752 million) in Jio Platforms. ADIA’s investment will translate into a 1.16% stake in Jio Platforms. Together, ADIA and Mubadala will own 3.01% stake in Jio. Here is some latest financial news of private equity, venture capital and mergers & acquisitions: Private Equity Brookfield inks deal to acquire Emami Group’s solar energy
Mubadala to invest in Jio Platforms: May 2020 financial news
Jio Platforms has raised Rs 78,562 Cr from leading technology investors within a month. Reliance industries Ltd (RIL) is now considering an overseas listing of Jio platforms. The enterprise value of Jio Platforms has reached Rs 5.15 Tn, within 6 months. RIL is also approaching the Indian capital market to raise Rs 53,000 Cr via its first right issue in three decades. Here is some latest financial news of private equity, venture capital and mergers & acquisitions: Private Equity: Abu
The Great Indian Policy Conundrum
India entered COVID-19 crisis with limited fiscal space, having breached the previous budget deficit target of 3.3% and raising 0.5%. with a dwindling fiscal outlook, any further fiscal easing will put pressure on india’s sovereign rating. Governments dedicate more than $8 tn to fight COVID_19 pandemic. India’s lockdown measures seem to be at par with developed countries. But while they are firing fiscal bazookas to stimulate the economy. India’s fiscal packages seem to be more like water pistols- reaching barely