Canadian investor Brookfield is in advanced discussions to invest up to $1 billion through multiple tranches in Avaada Ventures Pvt Ltd (AVPL), parent entity of Avaada Group. The first tranche of $400 million has been paid out. As programs scale up, the remaining $600 million will be allocated depending on performance-related milestones. Upon completion...
Taking Stock: Prime Minister Modi’s First Twelve Months in Office
India’s Prime Minister Narendra Modi’s performance card for his first year in office reflects range of responses. Given that he took over the reins of office at a time when there were many unresolved social and economic issues, Modi’s government seems to have fared reasonably well with an approval rating...