Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
Even months after India decided to forego the United States bid for the fighter aircraft deal worth $11 billion, the Pentagon apparently is still smarting over this rejection, arguing that it was an enormous disappointment and that New Delhi by its action had lost out on some of the state-of-the art technology.
The Hindu American Foundation has assailed President Barack Obama for deciding against visiting the Golden Temple in Amritsar during his visit to India but having not qualms about visiting one of the largest mosques in Southeast Asia when on the second leg of his four-state Asian itinerary he visits Indonesia.
On the eve of his historic visit to Myanmar, Prime Minister David Cameron on Thursday indicated that Britain would respond to pro-democracy changes in the country by easing sanctions against it.
Myanmar's reclusive and ailing dictator Than Shwe has resigned from his military post, paving the way for him to become the president after this year's general elections.Shwe, the despot who has brutally ruled Southeast Asia's poorest country as commander-in-chief of the armed forces since 1992, on Friday handed control of the army to his adjutant general. More than a dozen other senior military officers also resigned, in an ominous sign for the country's forthcoming election
The Biden administration had been under pressure to send the excess COVID-19 vaccines with the US to nations like India, which are facing severe vaccine shortages.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
GAGAN or the GPS Aided Geo Augmented Navigation to be launched by Civil Aviation Minister Praful Patel would not only help the civil aviation sector but also help in marine navigation, search and rescue operations, rail and road transport, survey and mapping as well as precision farming.
'Manipur is critical to India's Look East policy.' 'It's a strategic state. In the Second World War, the Japanese entered Manipur through Burma.' 'China can use the same direction to approach India.'
Even as everyone heads out as couples this Valentine's Day, here are four destinations where you can get some me-time and who knows perhaps find love too!
The 2013 Boeing Pilot & Technician Outlook, a bellwether industry forecast of aviation personnel demand, calls for 192,300 new commercial airline pilots and 215,300 new technicians in the Asia Pacific region through 2032.
President George W Bush spoke to members of the Asia Society at the Mandarin Oriental Hotel in Washington on February 22, a day before he left for a trip to Southeast Asia.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
The Bangkok International Motor Show is the biggest annual auto show in Southeast Asia.
India figured prominently in a leading Washington think-tank's recently simulated energy crisis, which brought together leading energy and regional experts from across the United States, to examine the likely response of various countries to a major terrorist attack on energy distribution and production facilities in the Middle East and Southeast Asia.
Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.
The Big Fat Indian wedding is being traded in for a smaller one in foreign countries, preferably in Southeast Asia -- we examine the growing trend.
The US was 'extraordinarily' frustrated with the slow pace of opening up of Indian economy, despite the issue being raised at the highest level, a top Obama Administration has said.
Unlikely to happen in less than a year,despite the advantage of the parent airline's base.
India and Indonesia have a vested interest in ensuring that China's hegemony in the region does not go uncontested, says Harsh V Pant.
Monster.com says their logged number of non-resident Indians seeking jobs back in India has grown 65 per cent in the past year.
The airlines' flights to Southeast Asia operated as per schedule. Air India also operated its Delhi-Frankfurt-Chicago, Mumbai-Frankfurt-Chicago, Mumbai-London, Delhi-London, Amritsar-London-Toronto and Ahmedabad-Frankfurt flights this morning.
Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.
The report quoted SingTel chief executive officer (CEO) Chua Sock Koong as saying that the talks were "at an extremely preliminary, exploratory stage". The company's CEO for international operations, Lim Chuan Poh, was quoted as saying that it was too early to determine if Bharti would make a bid for MTN or whether SingTel would provide financing for the deal. The executives were talking at the company's annual results event in Singapore.
No-frill Gulf carrier Air Arabia on Monday special holiday fares from India to Egypt, Greece, Turkey and Jordan for the up coming holiday season to attract woo domestic travellers.
With an interesting twist on the concept of super heroes, and using strong high-tech, Megamind is expected not to lure millions of comic book fans but also those who love a adventure with interesting twists and a few moral lessons.
Boeing Company on Monday said the Indian civil aviation sector would require 856 new commercial jet airplanes worth over $72 billion over the next 20 years.
President Xi is also skipping the ASEAN (Association of Southeast Asian Nations) and East Asia summits in Jakarta this week.
Coca-Cola pledged on Tuesday to conserve seven of the world's most critical river basins under a $20 million plan but skipped India, where it faces protests for allegedly depleting ground water.
Ducks, rice and human beings -- and not chickens are the "most significant factors" behind persistent outbreaks of bird flu, a new study has claimed. The study released by United Nations Food and Agriculture Organization (FAO) found ducks, rice and people not chickens to be the "most significant factors" in the spread of the bird flue in Thailand and Vietnam.
Regardless of where you want to go, you can make it the holiday you want it to be - without burning a hole in your pocket - by paying attention to the following simple tips.
An ardent fan of F1 driver, Max Verstappen, Yuvraj keenly follows the Scuderia Ferrari Formula1 team.
Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum.
Hospitality firm OYO is looking to raise $600 million (over Rs 4,380 crore) in debt from the US institutional investors to service its existing loans, sources in know of the matter said on Thursday. The company is raising $600 million in a term loan B (TLB) structure, the sources said. The company is taking the TLB to service its existing loans which are on higher interest rates, they added.
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