Brookfield acquires Jet Airways’ Mumbai office for $65mn
The proceeds from the sale will be utilised as per the directions of the National Company Law Tribunal.
Sterling and Wilson Solar bags $99mn solar project in US
Sterling and Wilson Solar’s US arm will manage the entire turn-key execution for the photovoltaic power project.
India provides democratic counterbalance to Chinese autocracy
New Delhi’s decision to ban 59 Chinese apps has shifted the face-off against Beijing from an armed conflict to a potential tech lockdown.
Rebooting the Indian start-up ecosystem to the new normal
The Indian government will have to extend support to start-ups and bail them out in the same way as larger businesses in order to rebuild India’s start-up ecosystem.
India in the age of swarm drones
Small, lightweight, low in unit cost, but cutting edge in technology – swarm drones can help India gain the upper hand in a number of sector from warfare to emergency first-response.
Mary Meeker’s Bond Capital invests in BYJU’S
The latest investment is likely to take BYJU'S valuation to $10.5 billion.
ABB Power Grids partners with NIT Warangal
ABB Power Grids' India team will support the institute in setting up a laboratory for smart electric grid technology and provide internship opportunities for smart electric grid for the students.
Slice raises $6.07mn from Japan’s Gunosy Capital, others
Slice will use the funds to double its management team and explore banking partnerships to launch co-branded prepaid cards and credit cards.
Green shoots of growth in India could prove doomsayers wrong on economic contraction
Freight movement, electricity and oil consumption are all showing signs of increasing demand. Unemployment is also falling. Coupled with an expected boom in the rural economy, which supports 70 per cent of India’s population, these could substantially temper or even negate the contraction of the economy in the first quarter of this financial year.
The world gets ready for 50 million Indian tourists by 2022
Life is a journey – and more Indians are increasingly hitching a ride to visit places around the world as diverse as Boston and Bali to London and Larnaca. But with Indian travellers among the world’s highest spenders per visit made abroad, and a rich history of cross-cultural pollination wherever Indians visit, nobody is complaining.