Via Reuters, an article on Saudi Aramco’s investment interest in India: State oil giant Saudi Aramco is in investment discussions with companies in India, a senior executive said on Wednesday. “Hopefully we will see some announcements soon on investment in Indian companies,” Faisal Faqeer, senior vice-president, liquids to chemicals development, downstream, at Saudi Aramco, told […]
Read more »Via Reuters, an article on a growing petroleum connection between India and Venezuela: Venezuela has agreed to give some oil to India’s ONGC Videsh to help it recoup its pending $600 million dividend for a stake in a project in the South American nation, India’s oil secretary said on Wednesday. Indian refiners have resumed purchase […]
Read more »Courtesy of Newsweek, an article on Wall Street’s growing transition towards India instead of China: Wall Street giants are betting on India’s future growth potential over China as Beijing’s economic performance falters. Investment bank Goldman Sachs and Morgan Stanley have endorsed New Delhi’s economic potential over China, Bloomberg reported on Tuesday. This realignment in global investment […]
Read more »Courtesy of the New York Times, an article on India’s efforts to win more iPhone business from China: India is quietly grabbing from China more manufacturing of Apple’s iPhones and other electronics gear. It is happening in South Indian industrial areas on muddy plots that were once farmland. In Sriperumbudur, people call Apple “the customer,” […]
Read more »Via Nikkei Asia, a look at how limited infrastructure is a major hurdle to lifting sales in India, the world’s No. 3 car market, where the nation has just 11,000 charging stations: Ujjwal Arora was on his way to an important meeting when he realized his electric vehicle battery was running low. So the New […]
Read more »Via Quartz, an article on Coca-Cola’s investment plans in India: “India has already seized the moment,” Hardeep Singh Puri, India’s minister of petroleum and natural Gas and minister of housing and urban affairs, declared during a World Economic Forum (WEF) panel Thursday. Coca-Cola James Quincey concurred. “The Indian government has seized the moment,” Quincey said on a […]
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