Archive for June, 2010

Standard Chartered Private Equity planning 3-4 Indian investments in 2010 as opportunities increase in acquisition financing

Comments Off | 06-19-2010

The Standard Chartered Private Equity announced it has three to four planned Indian investments in the pipeline by end of 2010. According to the bank, opportunities abound in acquisition financing in the country, the third largest economy in Asia. Its Indian unit managing director said the bank’s private equity segment hopes the recent government rule

Posted in FDI news India, Finance Investment India, General, India Sector Investments | Read More

Cipla announces investment worth $65 million (Rs.300 crore) to acquire stakes in MabPharm & BioMab

Comments Off | 06-16-2010

Cipla announced an investment of $65 million, about Rs 300 crore, for the acquisition of stakes in 2 (Indian and Chinese) Biotechnology companies on Tuesday. With the investment in the two biotech companies, Cipla joins the rank of Indian rivals such as Wockhardt and Biocon in a bid to gain from the $90 billion global

Posted in Biotech investment India, General, India Sector Investments | Read More

Mukesh Ambani’s Reliance Industries Ltd (RIL) to enter India’s Telecom sector with $5 billion investment

Comments Off | 06-16-2010

Reliance Industries Limited (RIL) plans to enter the Indian telecoms market with an investment of around $5 billion. The Mukesh Ambani led group said it is open to sharing his younger Brother’s group, Reliance Communications’ (Rcom) infrastructure for the investment. RIL said it would invest around $1 billion for rolling out broadband services to enable

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Indian Software and IT players expected to feature in IBM’s $20 billion (Rs.93,660 crore) acquisition drive

Comments Off | 06-15-2010

International Business Machines Corp. (IBM) is looking for viable investments in India and globally in its ambition to double its earnings in five year time period through expansion in new and emerging economies, with a focus on software and services. The company has an estimated $20 billion, about Rs 93,660 crore worth of investment funding

Posted in FDI Statistics India, FDI news India, General, India Sector Investments, Software & IT india | Read More

JSW Energy acquires 70% stake in Indian Ocean Mining with investments worth Rs.40,000 crore planned

Comments Off | 06-14-2010

In an announcement on Friday, Jindal South West Energy (JSWE) said it had agreed on a memorandum of understanding, (MoU), with Osho Venture FZCO, Dubai and Indian Ocean Mining (Pty) Ltd, South Africa (IOM) for the acquisition of a 70% venture in IOM from Osho.
IOM owns coal prospecting rights in the North-West region of South

Posted in General, India Sector Investments, Infrastructure Sector, Power Generation India | Read More

Boeing to establish aircraft maintenance base in Maharashtra with investment worth $100 million

Comments Off | 06-13-2010

In an investment plan worth $100 million (approximately Rs.500 crore), the Boeing Company plans to establish an aircraft maintenance base in Maharashtra, India. The Maharashtra Airport Development Company Ltd (MADC) will lease 50 acres of land in the special economic zones (SEZ) situated near the Nagpur Airport to Air India (AI) for the establishment of

Posted in Aviation India, FDI Statistics India, General, India Sector Investments, India States Investment, Infrastructure Sector | Read More

Bharti Airtel undertakes investment of $10.7 billion to acquire Zain’s African operations

Comments Off | 06-10-2010

India’s biggest telecoms company, Bharti Airtel, has concluded a deal for the acquisition of Kuwaiti mobile operator, Zain. The investment deal ranks amongst the biggest cross-border deals in Indian history and is going to cost Bharti Airtel $10.7 billion. The company now takes over the assets of Zain Africa, the Kuwaiti mobile firm’s Africa operations.
During

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Major banks move to make extra funding available more easily for renewable energy and other green projects

Comments Off | 06-8-2010

Funding for renewable energy projects is expected to become easier in India as Banks and private equity investors begin to look at clean energy projects as viable businesses propositions to invest in. HSBC chief executive, Stuart Davis, said that there were numerous investors who were keen on getting into the renewable sector if a viable

Posted in General, Green Renewable Energy Investment India, India Sector Investments, Power Generation India | Read More

Indian automobile industry geared for a massive £30 billion investment spread over the next 4 years

Comments Off | 06-7-2010

Automakers in India are planning an estimated at £30 billion investment to be spread over the next four years. Daimler, Maruti Suzuki and Mahindra will lead this massive investment in a bid to satisfy the ever growing demand in India, the fastest, second growing economy globally after China.
Global automakers experiencing a lull in their growth

Posted in Automobile Investments India, FDI Statistics India, General, India Sector Investments | Read More

$3.8 billion investment for a 25% stake expected to flow into Reliance Communications from Abu Dhabi’s Etisalat

Comments Off | 06-7-2010

Etisalat announced that its stake move for an Indian mobile operator was possible within weeks. The Abu Dhabi owned company confirmed that it was seeking to purchase a stake with Reliance communications for a whooping $3.8 billion. Reports had initially surfaced that Etisalat was in talks with the cash-strapped Reliance Communications for a deal. With

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