India
Malaysia’s UOB Asset launches India bond fund before index inclusion
UOB Asset Management Malaysia launched an India-focused bond fund last week, giving Malaysian investors an opportunity to snap up rupee-denominated debt ahead of the South Asian country’s inclusion to...
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...
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...