On his first official visit to the region, United States National Security Advisor H.R. McMaster, met Prime Minister Narendra Modi in New Delhi, this week. McMaster is the highest ranking Trump administration official to visit India so far. "The two sides discussed a range of bilateral and regional issues, including...
Modi to Visit USA to Meet President Trump Soon
United States National Security Advisor H. R. McMaster met Prime Minister Narendra Modi in New Delhi in the third week of April setting the stage for a bilateral visit by India's Prime Minister in the next few months, possibly as early as June. Trump and Modi will meet anyway in...
IDFC to Buy First Solar's Assets in India
Chennai, India-based IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy Arizona-based First Solar’s 200 megawatts of renewable power assets in India in a deal potentially valued at around $200 million. Livemint reports that First Solar is one of the first overseas companies to...
In a U.S.- China Trade War, Does India Benefit?
Analysts differ on their opinions on whether India stands to gain if there were to be a trade war between the U.S. and China, but the majority say India stands to benefit from the tensions. The Economic Times reports that Seshadri Chari, a national executive member of the ruling Bharatiya...
Online Marketplace for Private Jets, Helicopters Soars in India
New Delhi-based JetSetGo is a digital platform that provides an enterprise management tool for aircraft operators. It offers cloud-based scheduling, aircraft management, and advanced trip-pricing capabilities with an in-built marketplace for services and parts. It also provides customers the ability to compare and book private charters online with the ability...
KKR and Canada's CPPIB Acquire Stakes in Bharti Infratel
New Delhi-based telecommunications company Bharti Airtel Limited sold a 10.3% stake in its tower arm subsidiary Bharti Infratel to private equity firms Kohlberg Kravis & Roberts (KKR) and Canada Pension Plan Investment Board (CPPIB) for $951.6 million. Bharti Infratel owns over 90,000 telecom towers and the company reported a revenue...