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LIC votes reveal governance fault lines at India Inc.

In the nine months ending December 2023, the country's biggest share market investor showed dissent in around 2% of the board proposals it had to decide on as a shareholder.

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Startup Funding: Startup Woes: Funding Drops By $1.2bn From Last March | Chennai News

Chennai: Investments by Private Equity-Venture Capital (PE-VC) firms fell by $1.

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Sterlite Power and GIC Form JV for Indian Power Transmission Platform

Singapore’s GIC Private Limited is increasing its investment activity in India. The Singaporean sovereign wealth fund is keen on the country’s need for energy infrastructure. The JV platform will be positioned to target the new opportunities emerging from the need for over US$ 13 billion of CAPEX announced by the Government of India. Sterlite Power…

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Sterlite Power Transmission Ltd: Sterlite & GIC to set up $1 billion JV for power transmission

Vedanta Group's Sterlite Power Transmission Ltd (SPTL) and Singapore's sovereign wealth fund GIC are forming a $1 billion platform for India's power transmission sector. GIC will invest $500 million for a 49% stake, and Sterlite Power will match the amount for a 51% stake. The JV will initially include five under-construction projects, with plans to expand. Sterlite Power will transfer four operational assets worth about ₹7,500 crores into the JV. This investment aims to support India's goal of increasing renewable energy usage and upgrading the national transmission grid.

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Cleartrip launches new corporate travel management product 'Out of Office' (OOO)

Cleartrip, a Flipkart company, plans to be synonymous with the corporate travel space, and the launch of Out of Office (OOO)

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Cleartrip launches 'Out Of Office' for corporate travellers - TravelBiz Monitor: India travel news, travel trends, tourism

Cleartrip launches 'Out Of Office' for corporate travellers - TravelBiz Monitor: India travel news, travel trends, tourism
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KKR-controlled IndiGrid inks $199-mn deal to acquire solar asset

India Grid Trust (IndiGrid), an infrastructure investment trust controlled by private equity firm KKR, has struck a deal with US-listed green energy firm ReNew Power ......

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Share Market Highlights 08 January 2024: Sensex sheds 671 pts, Nifty closes around 21,500

Share Market Highlights 08 January 2024: Sensex sheds 671 pts, Nifty closes around 21,500
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Power Cables: Post Elephant Deaths, Jbvnl To Survey Power Cables In Jungles | Ranchi News

Jamshedpur: Following the death of two elephants in past two weeks, Jharkhand Bijli Vitran Nigam Ltd (JBVNL) has taken initiative to identify sites in.

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Sterlite Power Transmission to demerge its transmission infra business

Pratik Agrawal, Managing Director, SPTL, said in the statement, "The demerger will enable both entities to create independent capital structures, unlock value and attract investors suitable for the distinct growth profiles for each entity. We are confident that this will bring substantial value for our shareholders and help us in creating two world class business entities."

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