India is set to make significant strides in renewable energy capacity, aiming to connect a record 35 gigawatts (GW) of solar and wind energy to its grid by March 2025. This was announced by Bhupinder Singh Bhalla, the top bureaucrat at India's Ministry of New and Renewable Energy, said Reuters,...
India’s Battery Storage Industry Booms
India's battery storage industry is experiencing rapid growth, with significant potential to support the country's transition to clean energy. Currently, India's lithium-ion battery storage capacity makes up only 0.1% of global systems, but it's expanding quickly, with a third of the country's total battery infrastructure coming online this year alone....
India to Have Record Number of IPOs in 2024 – [Cloned #76129]
India has seen a significant surge in initial public offerings (IPOs) over the past year, with 2023 hitting a nine-year high of 238 IPOs raising $7.35 billion. Lesser known companies in sectors such as pharmaceutical's Delhi-headquartered Mankind Pharma's listing, have rekindled interest in IPOs by offering steady revenue growth and...
India to Have Record Number of IPOs in 2024
India has seen a significant surge in initial public offerings (IPOs) over the past year, with 2023 hitting a nine-year high of 238 IPOs raising $7.35 billion. This IPO boom shows no signs of slowing down, with 130 new listings and 313 billion rupees raised so far in 2024. Lesser...
On 2nd Trip to India Texas Governor Takes 16 Companies to Boost Trade
Governor Greg Abbott of Texas returned from a productive economic development mission to India organized by the Governor's Economic Development & Tourism Office and the Texas Economic Development Corporation. The Texas delegation also included business and economic development leaders from across the state, representing more than 16 companies, communities, and...
Paramount Global Sells Stake in Viacom18 to Indian Company
Paramount Global has divested its entire 13% stake in Indian TV and streaming company Viacom18 to India's Reliance Industries for approximately $517 million. Reliance was already the majority owner of Viacom18 prior to this transaction. This deal comes shortly after Reliance announced a landmark $8.5 billion merger agreement between its...