The US welcomes India’s greater involvement in East Asia and is committed to working with New Delhi as it increases ties with US allies in Southeast Asia and Japan, a senior US official has said. “Ultimately, we think that India’s role in the Asian-Pacific region stands to be one of the most important new developments [...]
Posts Tagged ‘indias’
US welcomes emerging India’s role in Asia Pacific
February 3rd, 2011 |
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K. Subrahmanyam, India’s strategic guru, is dead
February 2nd, 2011 |
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K. Subrahmanyam, India’s most well known and internationally regarded strategic affairs analyst, died Tuesday at the All India Institute of Medical Sciences (AIIMS). He was 82. He had recovered from cancer but then fell victim to lung and cardiac problems from which he did not recover. The most respected voice in India on global security [...]
India’s new telecom policy to make licensing norms tougher
January 29th, 2011 |
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India Saturday said its new telecom policy to be unveiled soon will tighten the norms for grant of licences and airwaves to service providers in a bid to induce transparency and provide a level-playing field to new and existing players. Announcing this at a hurriedly convened press conference here, Communications Minister Kapil Sibal also said [...]
India’s Reserve Bank hikes key rates to tame inflation
January 25th, 2011 |
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In a bid to tame prices that has seen annual food inflation soar to double digits, India’s central bank Tuesday hiked its short-term lending and borrowing rates by 25 basis points that could make commercial, housing and auto loans dearer. Reserve Bank of India (RBI) Governor Duvvuri Subbarao hiked the repurchase or repo rate to [...]
India’s industrial output dips to 18-month low
January 12th, 2011 |
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India’s industrial output fell to an 18-month low in November with production growing at a slow 2.7 percent, according to official data released Wednesday. Slowing industrial production will put the government and the Reserve Bank of India in a fix when it comes to tackling inflation as hiking key interest rates was one of the [...]
India’s rise welcomed as positive factor: PM
January 8th, 2011 |
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Prime Minister Manmohan Singh Saturday said the world expected India to play a more important role in the global polity and economy as the country’s rise as an emerging nation was seen as a positive factor in international relations. “The world expects India to play a more important role in the management of global polity [...]
Gaurav Kapoor to host ‘India’s Minute To Win It’
December 31st, 2010 |
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Popular VJ Gaurav Kapoor is on a hosting spree. After hosting UTV Bindass’ “Big Switch 2″, he will be seen on AXN India’s upcoming reality game show “India’s Minute To Win It”. The show, to premiere Jan 12, will give contestants a chance of a lifetime to win a bumper prize of Rs.1 crore (Rs.10 [...]
Indiaâ€s exports surge by 26.8 percent in November: Rahul Khullar
December 9th, 2010 |
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Trade and Commerce Secretary Rahul Khullar on Wednesday said India”s exports in November rose an annual 26.8 percent to 18.9 billion dollars, while imports for the month grew 11.2 percent to 27.8 billion dollars. “The exports numbers are good for November, $18.9 billion in November, with the caveat that the numbers are going to be [...]
India`s BlackBerry Compromise Won`t Solve Underlying Security Problem
August 30th, 2010 |
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News Analysis: Countries from India to the UAE dont like secrets, especially when theyre held by their own citizens, but banning BlackBerry is shortsighted and futile – India and Research in Motion, maker of the BlackBerry smart phone, have reached a compromise in the demands by that government to have unencumbered access to the messages sent by users.
RIM, meanwhile, is trying to find ways to ensure that its business customers have the level of confidentialit…
India’s Fortis revokes 39 million pledged shares
July 5th, 2010 |
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Fortis Healthcare (FOHE.BO), locked in a battle to take control of Singapore’s Parkway Holdings (PARM.SI), said on Monday the owners of the Indian hospital chain had revoked about 39 million pledged shares, or nearly 10% of total outstanding equity.
After the transaction, the percentage of shares pledged to total number of Fortis’ outstanding shares was roughly 31%, the company said in a disclosure to the Bombay Stock Exchange.
Parkway halts trade as India’s Fortis prepares move
July 1st, 2010 |
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India’s Fortis Healthcare (FOHE.BO) is widely expected to outline a counter offer for Singapore hospital operator Parkway (PARM.SI) later on Thursday, in a direct challenge to Malaysian state investor Khazanah which has made a $835 million offer to control the Singapore firm.
Parkway (PARM.SI) has requested a trading halt ahead of an announcement by the Indian firm, which could be made later in the day, sources briefed on the matter said.
GIC defers preferential funding in India’s Fortis: update 2
June 25th, 2010 |
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Indian hospital operator Fortis Healthcare (FOHE.BO) said the Government of Singapore Investment Corp (GIC) had decided to defer a preferential investment but the sovereign wealth fund will evaluate participating in broader fund raising by Fortis.
Controlled by Indian billionaire brothers Malvinder Singh and Shivinder Singh, Fortis is pitted against Malaysian state fund Khazanah for control of Parkway Holdings (PARM.SI).
GIC defers preferential investment in India’s Fortis: Update
June 25th, 2010 |
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Indian hospital operator Fortis Healthcare (FOHE.BO) said the Government of Singapore Investment Corp (GIC) had decided to defer a preferential investment but the sovereign wealth fund will evaluate participating in broader fund raising by Fortis.
Fortis, pitted against Malaysian state fund Khazanah for control of Singapore hospital chain Parkway Holdings (PARM.SI), will have to offer more than US$2.3 billion ($3.2 billion) to buy all of Parkway.
India’s Fortis hires 3 banks to raise funds
June 15th, 2010 |
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India’s Fortis Healthcare (FOHE.BO) has hired RBS (RBS.L), Macquarie (MQG.AX) and Religare Capital to raise funds for a possible battle with Malaysia’s sovereign wealth fund for Singapore’s Parkway Holdings (PARM.SI), the Economic Times reported on Tuesday.
India’s Nath will raise ‘idea’ of US$2b fund with Temasek
June 9th, 2010 |
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Indian Transport Minister Kamal Nath said he will raise the “idea” of setting up a US$2 billion ($2.8 billion) fund to invest in roads, ports and airports with Temasek Holdings today.
Nath, speaking at a press event in Singapore, said he had raised the idea during a visit to the city-state in October.
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India’s Fortis buys more Parkway shares on open market
May 31st, 2010 |
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India’s Fortis Healthcare (FOHE.BO) has bought more shares in hospital operator Parkway (PARM.SI), setting the stage for a possible battle with Malaysian state investor Khazanah for the Singapore firm.
India’s Fortis Healthcare to raise up to US$185m
May 10th, 2010 |
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Indian hospital chain Fortis Healthcare (FOHE.BO) plans to raise up to $185 million ($255 million) through a preferential allotment of shares and a foreign currency convertible bonds issuance to fund acquisitions.
Temasek to buy 5% stake in India’s NSE stock market: Update
May 3rd, 2010 |
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Singapore state investor Temasek will buy a 5% stake in the National Stock Exchange of India (NSE) from NYSE Euronext (NYX.N) (NYX.PA), its second investment in an Indian firm in less than a month.
Temasek emerged as the buyer for NYSE Euronext’s (NYX.N) stake in NSE, a financial source told Reuters after Indian website VCCircle earlier reported that NYSE Euronext plans to sell its 5% stake in NSE for just over US$150 million ($206 million).
Temasek to invest US$200m in India’s GMR Energy: Update
April 12th, 2010 |
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Singapore state investor Temasek Holdings [TEM.UL] last Friday agreed to invest US$200 million ($278 million) in the power business of India’s GMR Infrastructure <GMRI.BO> that would help the Indian firm expand its generation capacity.
Temasek to invest US$200m in India’s GMR Energy
April 9th, 2010 |
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Temasek Holdings Pte, the Singapore state investment company, agreed to invest US$200 million ($279 million) in India’s GMR Energy to tap growing demand for power in the world’s second-fastest growing major economy.
Temasek will invest through its Claymore Investments (Mauritius) Pte Ltd. unit by buying debt that’s compulsorily convertible into equity, according to a joint statement today from the companies. The power company is a part of the Bangalore-based GMR Group, whose assets range from airports to highway development projects.