India
India’s hot summer creates winners in its pricey stock market
PREDICTIONS of scorching heat across India are giving fresh fodder to traders as they hunt for stocks that can outperform in an overvalued market.Shares of air cooler makers and...
India EV sales to rise 66% this year after nearly doubling in 2023, report says
ELECTRIC-vehicle sales in India are expected to rise 66 per cent this year after nearly doubling in 2023 as state subsidies help fuel demand and supporting infrastructure comes up...
India central bank delays exchange-traded derivative rules implementation till May 3
THE Reserve Bank of India on Thursday (Apr 4) delayed the implementation of its consolidated directions for exchange-traded currency derivatives (ETCD) by a month, a move that should ease...
Tesla to scout sites in India for US$2 billion-US$3 billion EV factory
TESLA will send a team from the United States to India by late-April to study sites for a proposed US$2 billion to US$3 billion electric car plant, the Financial...
Blackstone eyes US$300 million IPO of India diamond certification firm
BLACKSTONE is exploring raising US$300 million via an India IPO of the International Gemological Institute (IGI), less than a year after it acquired the company, amid booming stock markets...
Vistara, co-owned by SIA, cancels over 50 flights as India’s aviation authorities keep tabs
INDIA’S civil aviation ministry said on Tuesday (Apr 2) it was monitoring a surge in flight cancellations by Vistara as the airline grapples with a shortage of pilots, while...
India, South Korea and Japan to stay busy with IPOs while China stalls
AFTER the worst quarter in five years for Asia-Pacific initial public offerings (IPOs), a pick up activity is expected from South Korea, India and Japan while Chinese deals are...
Blackstone to invest US$25 billion in India private equity assets over five years
BLACKSTONE plans to assemble a US$25 billion portfolio of Indian private equity assets over the next five years, reflecting the South Asian country’s increasing allure to global investors. The New...
