Financial Reforms in India – A New Era

    2018-05-28T12:12:20+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

    A financial expert delves into how reforms in the sector are set to transform the Indian economy. The last few years have been a seminal period for the Indian economy, not only in terms of the overall progress on the macroeconomic front, but more importantly in the structural reforms undertaken, many of which will have deep-rooted, long-term effects. Be it the Insolvency & Bankruptcy Code (IBC), Demonetisation or Goods and Services Tax (GST), each of these reforms has targeted a [...]

      Jaguar Land Rover goes all electric

      2020-03-24T07:52:27+00:00October 27th, 2017|2017/2018, October 2017, UK/EUROPE, Year|

      Tata Motors owned Jaguar Land Rover (JLR) has unveiled ambitious plans to electrify all its vehicles from 2020 as part of a more greener strategy. Tata Motors owned Jaguar Land Rover (JLR) recently announced that all its new models will be electrified from the year 2020. The luxury brand, acquired by the Indian automotive giant nine years ago, unveiled plans for a range of fully electric, plug-in hybrid and mild hybrid vehicles in the coming years. “Every new Jaguar Land Rover model [...]

        Indian universities fall behind in global rankings

        2020-03-16T10:21:58+00:00October 27th, 2017|2017/2018, More from this edition, October 2017, Year|

        After years of gradually creeping up the worldwide charts of higher education, India suffered a small setback in the latest ranking. India’s performance in world university rankings has registered a decline, with its share of universities falling from 31 to 30 in the global 1,000 list topped by the University of Oxford and Cambridge, according to latest data released recently. The annual ‘World University Rankings’ released by ‘Times Higher Education’ found that India’s flagship institution, the Indian Institute of Science (IISc), fell from the 201-250 band to 251-300 [...]

          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 [...]

              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 [...]