BRITISH INTERNATIONAL INVESTMENT

Starmer has led Britain's Labour Party to a landslide election victory, and on Friday will become prime minister - the first leader from the center-left party to win a U.K. national election since Tony Blair, who won three in a row starting in 1997.

A group of German investor DEG, along with the World Bank's International Finance Corporation (IFC) and the Asian Development Bank (ADB), are set to invest $300 million to acquire a controlling interest in Fourth Partner Energy, a renewable energy f...

Labour Party leader Keir Starmer, a managerial and dutiful figure, aims to lead the UK towards stability and change after years of Conservative rule. A former prosecutor, Starmer stresses his everyman credentials and seeks to appeal to voters with a...

Abhinav Sinha of British International Investment envisions India surpassing China in EV adoption by 2030, ahead of Europe and the US, driven by government support and cost considerations, emphasizing the country's potential for significant growth i...

Iran's foreign ministry summoned the Chinese ambassador in Tehran to protest a China-UAE statement regarding Iran's sovereignty over Abu Musa and Greater and Lesser Tunb islands. The islands are also claimed by UAE.

Founded in April 2022 by former Zoomcar C-suite executives Hemanth Aluru and Sudhindra Reddy, Bengaluru-based Turno provides financing solutions to small and mid-size enterprises as well as individuals who plan to buy commercial three-wheeler (3W) e...

Euler Motors raised Rs 200 crore in funding led by Piramal Alternatives India Access Fund. The firm aims to become India's top electric commercial vehicle brand, with plans to expand to 40 cities by FY25.

Euler Motors, an electric three-wheeler maker, raised Rs 200 crore ($24 million) led by Piramal Alternatives India Access Fund, with British International Investment and Blume Ventures also participating. Total funding now stands at Rs 570 crore. Th...

Kyrgyzstan and India promote investments in various sectors, amidst ties strengthening and cultural collaborations. Bishkek's focus on economic growth and bilateral relations stands out amidst recent tensions. The potential in textiles, hydropower, ...

In terms of volume, total deals during the week stood at 18, compared to 32 a year ago, and 16 in the second week of May 2024. Sequentially, deal value went up about 3.3X from $35.2 million to $117.6 million.

Mahindra & Mahindra's stocks surged on the back of surpassing estimates, unveiling ambitious electric vehicle plans, and a prospective target price upgrade. The company greenlit a hefty Rs 12,000 crore investment into its electric division over thre...

Oil and Natural Gas Corp (ONGC) is reportedly in discussions with NTPC Green Energy to form a consortium for bidding on Ayana Renewable Power, owned by the National Investment and Infrastructure Fund (NIIF). The enterprise value of Ayana is estimate...

Acacia Inclusion is a new investor in Battery Smart, as are MUFG Bank and PC-SBI Kurashi Fund. Returning investors are Blume Ventures, British International Investment and Ecosystem Integrity Fund, who have increased their investment, documents file...

ONGC is reportedly in discussions with NTPC Green Energy to jointly bid for Ayana Renewable Power, owned by NIIF. Several potential buyers have submitted non-binding offers for Ayana. ONGC previously announced ONGC Green for renewable projects, whil...

A breakthrough emerges as a rural Georgia plant readies to produce the world’s initial commercial supply of cleaner jet fuel, converting ethanol into jet engine-compatible fuel. LanzaJet Inc.'s $200 million facility marks a stride in tackling aviati...

The UK's development finance institution said that it has a strong pipeline on both debt and equity investment in these two sectors and that it is looking for innovative ideas for funding.

The company will use the capital to grow its loan book, expand operations into new locations, and provide affordable housing to low-income women and families by providing access to finance for home construction and improvements.

EV maker Euler Motors has raised Rs 120 crore in a funding round including British International Investment and Green Frontier Capital. The company is determined to use the raised capital to enter 40 cities by the end of FY 2023-24. This series-C ex...

The British International Investment (BII) plans to invest $1 billion in Indian climate-related projects by 2026. The investment will focus on sectors such as bio-fuels and the circular economy, in line with the vision for the 2030 roadmap agreed be...