On March 12, President Joe Biden will join Indian Prime Minister Narendra Modi along with the Prime Minister of Australia Scott Morrison and the Prime Minister of Japan Yoshihide Suga, collectively referred to as the "Quad" in a virtual meeting. The stated purpose of the Quadrilateral Security Dialogue is to...
Biden, Modi speak: Align on Covid, Climate, China
India is #10 on the U.S trading partner list and was the tenth country called by President Biden, after Canada, Mexico, the United Kingdom, France, Germany. Russia. Japan, Korea and Australia. Note that there is no call with China yet. Most countries are allies or neighbors and the only rival...
KKR's New Asia-Focused Fund Targets $15 Billion
Global private equity group KKR & Co Inc has targeted a record $15 billion for a new Asia-focused buyout fund. Groups such as Bain Capital, Blackstone, Carlyle, and KKR are increasingly focusing on Asian investments as lower valuations and corporate restructuring have created new opportunities in key markets. An Asian...
Macron Personally Invites Modi to the G7 Summit
Even though India is not a member of the group, French President Emmanuel Macron invited India's Prime Minister Narendra Modi to the G7 Summit on August 25-26 in Biarritz – France. India's Ministry of External Affairs said that the invitation from the French president was a "reflection of the personal...
Alstom Exports Driverless Trains Made in India
Australia’s first fully-automated rail service, the newly launched North West Line by Sydney Metro, has been made in India. The new-generation metro trains were manufactured by French multinational company Alstom in Sri City, an integrated business city located in India's southern state of Andhra Pradesh, thirty-five miles north of Chennai....
American Tower Company Expands Indian Stake to 90%
American Tower Company, a real estate investment trust that owns, operates, and develops wireless communications and broadcast towers in the United States, acquired India's Tata Teleservices’ 13% residual stake in ATC Telecom Infrastructure Private Limited, for $360 million. With this acquisition, the Boston, MA-based independent tower firm now owns nearly...