Bangladesh FM Begins Delhi Visit for Energy Talks
Foreign Minister of Bangladesh, Khalilur Rahman, visited New Delhi on Monday and will stay there for three days to improve bilateral relations between Bangladesh and India. Talks around power supplies are expected alongside border diplomatic talks; sitting down with Indian diplomats, S. Jaishanker, stands out as one highlight of the schedule. Another key moment may…
Bhumika
India to Get Textile Exports Benefits From the USÂ
The Union Commerce Minister announced that India is likely to receive tariff benefits on textile exports, similar to those Bangladesh receives, under the United States’ trade agreement. Indian garment traders will be able to use American cotton once the deal is signed and will also enjoy zero tariffs from the US. Additionally, Piyush Goyal said…
Vipin
Adani Opts for Arbitration in Bangladesh Dispute
Adani Power in India announced on Monday that it has opted for an international arbitration process to settle disputes over Bangladesh’s power supply payments. The company has been at odds with the Bangladesh Power Supply Board over pending payments for the electricity it supplies as part of the 2017 pact signed by both parties. “There…
Sumit
KKR Announced To Invest $450 Mn In HFE With Hero Group
Kohlberg, Kravis Roberts & Co. (KKR) announced on Tuesday to invest $450 million, almost Rs. 3,585 crores, in Hero Future Energies (HFE). KKR is a Global Private Equity major which has deployed over $15 million globally to invest in renewable assets. “This investment will position HFE for continued growth and support its efforts to expand…
Himanshu