Despite the disruption caused by COVID-19, eight new dollar billionaires were created on average each week…
India
Business news and investment opportunities in India
Two more Indian unicorns join growing herd
Two Indian unicorns this week joined the growing number of subcontinental startups with valuations of over…
Ingka to build first IKEA-anchored Indian shopping centre
Ingka Group, the Dutch holding company that controls the majority of IKEA’s worldwide store network, is…
Delayed Air India privatisation rescheduled for next year
India’s debt-laden flagship national carrier Air India is to be privatised by the end of next…
India faces $1.4trn clean energy bill – IEA
India will need to invest $1.4 trillion in clean energy technology over the next 20 years,…
One Belt One Road – One Direction? BRI at the crossroads
Could the Covid -19 pandemic spell the beginning of the end of China’s Belt and Road…
Electric scooter market revs up
The electric scooter can increasingly be seen in towns and cities from Mumbai to Beijing.
General Atlantic increases stake in Reliance
General Atlantic this week increased its stake in Reliance Industries, India’s largest retailer and one of…
Apple opens first Indian online store as Jio goes mass market
Apple opens its first online store in India just as Google and Rio plan mass market…
Happiest Minds sets pace for Mumbai IPOs
Happiest Minds Technologies set the pace for new IPOs in Mumbai, closing at a 111%premium
Reliance ecommerce drive moves up a gear
Silver Lake Partners private equity firm was discussing the possibility of investing $1bn in Reliance Retail
India eyes $50bn World Solar Bank
Pressure grows on Indian Prime Minister Modi to set up World Solar Bank to fund up…
Walmart keeps faith with Indian e-commerce
Walmart has stumped up $1.2bn to help its Indian e-commerce concern Fliipkart counter the effects of…
Monsoon boost for rural India reforms
Modi sees the economic development of rural India's approximately 650,000 villages and agricultural sector as key…
Mongolia joins ADB currency-linked bond wagon
Mongolia has raised $7m development capital through an ADB currency-linked bond issue for a sustainable milk…
Jio valuation jumps on prospect of digital India
The Abu Dhabi Investment Authority (ADIA) has bought a 1.15% stake in Jio Platforms for $750m …
INSTC Corridor to get own logistics operator
INSTC: Russian Railways is in talks with its counterparts in Iran, India and Azerbaijan about the…
‘New chapter’ as work starts on Afghan leg of TAPI pipeline
Work on the Afghan leg of the 1,814 km, $8bn TAPI natural gas pipeline that will…
China pips India in battle for stake in Dakha Stock Exchange
This week’s announcement from Bangladesh that it had rejected a bid for a 25% stake in…
Branson brings hyperloop to India
The journey time between Mumbai and the university town of Pune could be slashed from three…
Future of Chabahar and Farzad B high on agenda for Rouhani visit to India
Progress on the upgrade of the Iranian port of Chabahar and delays over the awarding of…
Chabahar set to take on Gwadar in fight for traffic on South Asian sea route
The prospect of a new strategic sea route connecting Iran, India and Afghanistan came one step…
World Bank spells out dangers of Russia’s pivot towards the east
The economic transformations taking place in China and India are having subtle and indirect impacts on…