Indian Investors May Join Brookfield’s Investment Trust For East West Pipeline Buy

Indian Investors May Join Brookfield’s Investment Trust For East West Pipeline Buy

A set of Indian investors are keen to join the infrastructure investment trust (InvIT) led by Brookfield Asset Management Inc to buy East West Pipeline Ltd (EWPL) for an enterprise value of Rs 130 billion ($1.83 billion). EWPL, earlier known...
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In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

In the past Shriram has partnered with TPG, Tata Capital, Walton Street Capital and Starwood Capital.( Representative Image) Marking Mitsubishi’s entry into the Indian real estate sector, the company’s investment arm and Shriram Properties signed defin...
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Indian money in Swiss banks rises 50% to over Rs 7,000 crore

Indian money in Swiss banks rises 50% to over Rs 7,000 crore

Money parked by Indians in Swiss banks rose over 50% to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India’s clampdown on suspected black money stashed there. In comparison, the total funds held by...
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Why do Indian online shoppers trust Flipkart more than Amazon? This survey has the answers

Why do Indian online shoppers trust Flipkart more than Amazon? This survey has the answers

At least on one front, homegrown Flipkart appears to be inching ahead in its fierce battle against American e-commerce major Amazon. Indian shoppers trust Flipkart as a brand more than Amazon, according to a recent survey by e-commerce advisory firm...
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Two Indian renewable power producers plan to sell $750 million in domestic bonds

Two Indian renewable power producers plan to sell $750 million in domestic bonds

Two of India’s biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pvt Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday. The pair turned...
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What L&T’s Q1 result tells us about state of investment demand in Indian economy

What L&T’s Q1 result tells us about state of investment demand in Indian economy

As India’s largest infrastructure and engineering conglomerate, Larsen & Toubro Ltd is proxy for the state of investment demand. The company’s June quarter’s media release on its performance has many takeaways. Fresh order intake fell 11% to Rs26,400...
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