Country Report
India: Fast Growth, Strong Fundamentals
India’s economy is expanding rapidly, and prospects are good. But external factors like the Iran conflict could slow it down.
Author: Rajesh Trichur Venkiteswaran
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News
Citi Taps Gaming Exec as India M&A Chief
Citigroup Inc. has appointed veteran investment banker Raj Rathi as its new head of mergers and acquisitions in India, effective...
News
Industry Insider Takes Reins of HSBC’s India Private Bank
Industry veteran Gautam Anand took over as HSBC’s head of Global India, HSBC Private Bank at the end of April....
Emerging & Frontier Markets
Sri Lanka: FDI Is on the Rise
Sri Lanka hits record $1.06 billion FDI, signaling a historic economic rebound despite recent natural disasters.
Banking
Dubai’s ENBD Makes Biggest Foreign Bet on Indian Banking
ENBD secures $3 billion RBL Bank deal, marking United Arab Emirates’ largest foreign banking investment into India ever.
Emerging & Frontier Markets
Bangladesh: Diversification Is A Priority
Bangladesh, after decades of demographic growth and political upheaval, faces challenges diversifying beyond its over-reliance on the garment sector.
Capital Raising & Corporate Finance
RCB Auction Heats Up Without Manchester United’s Glazer
RCB sale enters final stage as EQT and Pai-led consortium remain, with Glazers and Poonawalla exiting high-stakes IPL bidding race
Capital Raising & Corporate Finance
MUFG Seeks Stake In Indian Finance Company
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank by assets and market cap, is close to buying a 20% minority stake in India’s Shriram Finance Limited (SFL), for an investment of $4.4 billion.
Capital Raising & Corporate Finance
Brookfield To Pump $12 Billion Into India Energy Projects
New York-based Brookfield agreed to invest $12 billion in green energy projects in Andhra Pradesh, India, over the next three years.
Capital Raising & Corporate Finance
Emirates NBD Eyes Indian Bank
Three major Emirati institutions are betting that India’s banks and nonbanking financial companies (NBFCs) will bring the country’s financial sector into the global spotlight in 2025.
Capital Raising & Corporate Finance
LG Electronics India’s IPO Tops Parent In Value
LG Electronics India Limited’s initial public offer sparked frenzied activity, quickly rising to a market capitalization of $13 billion—surpassing its parent, LG Electronics of South Korea, valued at $9.4 billion.
Technology
Tata Launches Digital Battery Passport
India’s Tata Technologies joined the rush last month to make digital battery passports (DBPs) standard issue for electric vehicles and industrial batteries, with the launch of WATTSync.