Private equity players and foreign funds have been showing strong interest in the infrastructure and logistics space in the six months since the new government came to power.
Twenty minutes was all it took for Alibaba to clock its first $1 billion (Rs 6,100 crore) in sales during China’s biggest online shopping event, the ‘Singles Day Sale,’ on Tuesday.
Every business has a lifecycle. There are very few businesses that survive through generations. Ensuring a smooth closure is one of the biggest tasks that a firm needs to undertake, says Harish H.V.
Marquee private equity (PE) firms, which include Temasek Holdings Pvt. Ltd, Warburg Pincus India Pvt. Ltd and KKR and Co. Llp, have stepped up their pace of investments in India although they continue to lag non-traditional investors like SoftBank Corp. and Tiger Global Management Llc, which have been more active so far this year.
Assets with assured pipeline of fuel supplies, power sale pacts and land acquisition approvals on the radar.
The aviation ministry will likely drop a rule requiring airlines to operate on domestic routes for five years before offering overseas flights, and sell shares in state-run airport operator Airports Authority of India (AAI) and chopper service Pawan Hans Helicopters Ltd early next year.
With the government talking about a crackdown on unaccounted (‘black’) money, it is worthwhile to take a look at the laws meant to check its growth.
Private equity deals in India continue to see increased traction, with average monthly investments of $1 billion witnessed so far this year, led by information technology enabled services, infrastructure management and financial services sectors. With still two months to go, aggregate PE investments in 2014 till date stand at $9.87 billion, just a shade away from the $10.5 billion invested in entire calendar year 2013.
The power revolution could be on the way. The government, which has promised to provide electricity to 1.25 billion people by 2019, expects a $250 billion investment in the power sector in the next 4-5 years, including $100 billion in renewables by scaling up the solar power target five fold to one lakh mw.
Firms which are keen on testing Indian waters include Changyou.com, Alibaba’s online retail company Aliexpress and e-commerce firm JD.com