India digs deep Down Under

    2018-08-01T12:54:31+00:00October 27th, 2017|2017/2018, COUNTRY FOCUS/Australia, October 2017, Year|

    Tech solutions, real estate and food production – India’s interest in Australia encompasses a wide array of sectors. ANAROCK buys Indian arm of Aussie firm ANAROCK Property Consultants Pvt Ltd, the real estate venture floated by former JLL India chief Anuj Puri, has acquired the local operations of Australian realty broking firm LJ Hooker under the Redwoods brand. ANAROCK chairman Puri said in a statement: “The acquisition of LJ Hooker’s Redwoods is in line with our overall business strategy and [...]

      India attractive as an export hub

      2020-03-13T13:16:53+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

      A number of international companies are stepping in to take advantage of India’s location as a promising export hub. Foxconn eyes exports from India The world's largest contract manufacturer, Foxconn, plans to begin exports to the Middle East and African countries from India the end of this year. The Taiwan-headquartered phone and electronics maker is stepping up an expansion of its manufacturing facility in Sri City, Andhra Pradesh, while scouting for more locations including Tirupati in the same state, besides [...]

        New territories, new gateways

        2018-08-01T12:48:13+00:00October 27th, 2017|2017/2018, EMERGING MARKETS, October 2017, Year|

        The Netherlands, Singapore and Mauritius have emerged as leading destinations for outbound Indian FDI. The attractions are benign tax laws, ease of doing business, easy access to international markets and robust regulatory frameworks. The two top destinations for outward foreign direct investments (FDI) from India are Mauritius and Singapore. Three more tax havens – Jersey, Switzerland and British Virgin Islands – also figure in the list of Top 10 outward destinations. These jurisdictions are obviously bases from which the investments [...]

          Indian renewables agency strikes Bond with UK

          2018-08-01T12:55:48+00:00October 26th, 2017|2017/2018, October 2017, UK/EUROPE, Year|

          The Indian Renewable Energy Development Agency (IREDA) has become the latest Indian entity to launch a new Green Masala Bond on the London Stock Exchange. The Indian Renewable Energy Development Agency (IREDA) listed new a new Green Masala Bond on International Securities Market (ISM) to raise funds to finance renewable energy projects across India. The five-year dated bond raised approximately $300 million (Rs 19.5 billion), with a coupon of 7.125 per cent, and became the first Green Masala Bond to be listed on the ISM. “IREDA is [...]

            Turnaround at Stanlow reflects Essar Oil’s global vision

            2018-08-01T12:47:42+00:00October 26th, 2017|2017/2018, COVER FEATURE, October 2017, Year|

            S. Thangapandian, Chief Executive Officer of Essar Oil UK, takes time out for ‘India Global Business’ to explain why the company is investing heavily in its Stanlow Refinery in Britain and the story behind turning a loss-making unit into a promising asset. What are the company's investment plans for the UK? Essar Oil (UK) Ltd, which owns and operates the Stanlow Refinery, will be investing further $250 million in the refinery. We have already invested over $800 million to turn [...]

              Indian financial services companies find green pastures abroad

              2020-03-12T08:28:38+00:00October 26th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

              Indian banks and investment banks are investing in global financial centres such as London, New York, Singapore and Dubai to better serve the growing and very lucrative market for cross-border deals involving Indian companies. Here’s a quiz question: Which Indian bank has the largest presence outside India? The answer is not as easy and straightforward as it looks. The top spot is claimed by two banks – Bank of Baroda, which has 51 branches in foreign countries, and State Bank [...]