New York City-based Blackstone Group L.P. will invest 60% of its maiden $4 billion Asia-focused fund—BCP Asia—in India. Blackstone’s global private equity fund will contribute around 40% of the deal value for every transaction the firm does in Asia, while BCP Asia will invest the balance. Blackstone, which manages $430...
India is Top Recipient of Greenfield FDI from the Commonwealth
The 'Commonwealth Trade Review 2018: Strengthening the Commonwealth Advantage', compiled by the Commonwealth Secretariat, says that India is the top recipient of foreign direct investment (FDI) from within the Commonwealth and is the second-most lucrative source of investment within the 53-member organization after the U.K. "Between 2005 and 2016, India...
Global Wellness Institute Analyzes Wellness Real Estate
In its first in-depth research report 'Build Well To Live Well,' the Miami, Florida-based Global Wellness Institute analyzed the global and regional wellness, lifestyle, real estate, and communities market. Real estate and communities that intentionally put people’s health at the center of design, creation, and redevelopment are the next frontier...
Dell: Indian Companies Ahead in Technology Preparedness
A Dell Technologies survey revealed that Indian companies are ahead in terms of technology preparedness: 38 percent of firms in India have already achieved human-machine integration while countries such as Australia and Singapore expect to attain this sort of integration in the next two years. China believes it is likely...
India-Made Jeep Compass Now Sold in Japan, Australia
Fiat Chrysler Automobiles, India, shipped its first batch of 600 right-hand drive units of the made-in-India Jeep Compass from the Bombay Port Trust facility to Australia and to Japan. The SUVs are produced in the company's Ranjangaon factory situated near the city of Pune, and have over 65% localized Indian content. The...
Atlantic Council Proposes Recommendations for India
In its report The Sino-Indian Clash and the New Geopolitics of the Indo-Pacific authored by the South Asia Center of Washington-based Atlantic Council made a series of recommendations to help India meet security challenges. Highlights of the Report authored by Robert A. Manning and Bharath Gopalaswamy, as reported by Live...