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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Chinese Firms Dominate Indian Smartphone Market in Q4 2016: IDC

Chinese Firms Dominate Indian Smartphone Market in Q4 2016: IDC

Smartphone shipment in the country remained almost flat at 25.8 million units in the October-December 2016 quarter compared to the year-ago period, impacted by demonetisation and seasonal slowdown after festive sales, research firm IDC said. Compared to the Ju...
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Chinese Manufacturers Capture Nearly 40 Percent of Indian Smartphone Market in 2016: IDC

Chinese Manufacturers Capture Nearly 40 Percent of Indian Smartphone Market in 2016: IDC

Chinese smartphone vendors last year captured about 40 percent share in India, the second largest smartphone market in the world, the official media here reported. Among all, Lenovo saw its shipment volume rise to the second only after Samsung in...
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Top 5 Happenings In The Indian Automotive Industry In 2016

Top 5 Happenings In The Indian Automotive Industry In 2016

It’s been quite an eventful year for the automotive industry in India. When asked how 2016 has been for the industry at the recent CarandBike Awards 2017 ceremony, the reactions of each and every one was unanimous when they said,...
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Indian Banks May Raise $30 Billion Through Bonds By March 2019: Fitch

Indian Banks May Raise $30 Billion Through Bonds By March 2019: Fitch

Banks need around $90 billion in extra capital by March 2019, says Fitch. New Delhi: Indian banks need around $90 billion additional capital by March 2019 and one-third of this amount is expected to be raised through bonds, according to...
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