Hygenco Green Energies, based in Gurgaon, Haryana, India, and specializing in the development and operation of green hydrogen and green ammonia production facilities, is poised to secure capital by selling a 49% stake to a consortium of high-profile international investors. The round is set to onboard Germany’s Siemens AG, Singapore-based...
Tata Capital Prepares for India’s Largest IPO of 2025
Tata Capital, the financial services arm of the Tata Group, is launching India’s biggest initial public offering of the year, aiming to raise up to $1.7 billion. The offering includes up to 475.8 million shares — both new and existing, priced approximately $3.72 to $3.91 per share. Key stakeholders participating...
International Finance Corporation: We’re Very Ambitious about India
Makhtar Diop the managing director of the International Finance Corporation (IFC) -- a member of the World Bank Group headquartered in Washington, D.C. -- was interviewed by journalists from the Economic Times regarding IFC's largest program, India. A lightly edited summary of the interview follows: ET Interviewers: India is already...
KKR Invests $450 Mn in India’s Clean Energy Co.
New York headquartered KKR & Co. Inc., will make the bulk of the investments in Hero Future Energies along with parent Hero Group that controls India’s largest motorcycle maker Hero MotoCorp, bringing the rest. With this investment, Hero Future Energies will increase the company’s renewable energy generation capacity across various...
Corporate Governance Standards Improve in India
According to a joint study by the International Finance Corporation, the Bombay Stock Exchange (BSE), and Institutional Investor Advisory Services India (IiAS), the Corporate Governance Scorecard for 2017 showed that companies are increasing transparency. Increased scrutiny by regulators such as India's central bank, the Reserve Bank of India, and the...
India’s Attero Seeks to Recycle E-Waste in U.S.
Latin for “waste”, Attero is India’s largest electronic asset management company which promotes eco-friendly reuse and recycling of electronics. The e-waste recycler and metal extraction company, aims to turn waste into sustainable resources. Founded by Nitin Gupta in 2008 just after he had finished his MBA from New York University,...