India

Asian junk bond sales are hottest in five years on India boom
Asian junk bond sales are hottest in five years on India boom
ASIA’S high-yield US dollar bond sales this year have grown annually for the first time in five years, fuelled by Indian financial companies’ rush to access offshore investors.Regional sales...
CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad
CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad
CAPITALAND India Trust : CY6U 0% (Clint) has inked a forward purchase agreement to acquire IT buildings with a total leasable area of 2.5 million square feet (sq ft)...
Sri Lanka to hand management of China-built airport to India, Russia companies
Sri Lanka to hand management of China-built airport to India, Russia companies
Sri Lanka will hand over management of its US$209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday (Apr 26), as the island...
India rice prices at three-month low on shrinking demand
India rice prices at three-month low on shrinking demand
TOP exporter India’s rice export prices fell to their lowest level in more than three months this week on subdued demand and ample supplies, while Thailand’s prices remained largely...
Unilever’s India quarterly profit disappoints
Unilever’s India quarterly profit disappoints
HINDUSTAN Unilever, the Indian arm of UK’s Unilever, posted a bigger-than-expected fall in quarterly profit on Wednesday (Apr 24), but indicated signs of a much-anticipated sales recovery in rural...
CapitaLand India Trust Q1 net property income up 19%
CapitaLand India Trust Q1 net property income up 19%
CAPITALAND India Trust’s : CY6U 0% (Clint) net property income grew 19 per cent to 3.1 billion rupees (S$49.4 million) in the first quarter ended Mar 31, 2024, from...
‘Expensive’ India lures investors avoiding China risks
‘Expensive’ India lures investors avoiding China risks
INDIA’S ability to turn its economic expansion into corporate profits makes it a better prospect for investors than Japan or China, according to the latest Bloomberg Markets Live (MLIV)...
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026
NEPALESE billionaire Binod Chaudhary, who made his fortune selling instant noodles, is seeking to list his conglomerate Chaudhary Group’s India food unit by 2026.The Gurgaon-based firm, known for its...
MUFG to discuss buying US.7 billion stake in HDFC unit
MUFG to discuss buying US$1.7 billion stake in HDFC unit
MITSUBISHI UFJ Financial Group is in talks to acquire a roughly US$1.7 billion stake in HDFC Bank’s consumer lending unit to tap booming demand for personal finance loans in...
India’s Tamil Nadu state to pull out all stops to attract Musk
India’s Tamil Nadu state to pull out all stops to attract Musk
INDIA’S southern state of Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla as speculation builds about the US company’s planned investments ahead of billionaire Elon...