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KKR Announced To Invest $450 Mn In HFE With Hero Group

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…

Edtech Unicorn upGrad Raises $210 Million In Latest Funding 

Edtech Unicorn upGrad Raises $210 Million In Latest Funding 

Edtech unicorn, upGrad, has raised $210 million in the latest funding round that has been conducted by prominent investors and family offices, including ETS Global, Bodhi Tree, Singapore’s Kaizen Management Advisors, Bharti Airtel, Narotam Sekhsaria Family Office, Lakshmi Mittal’s Artisan Investments, along with existing investors Temasek, IFC and IFL.  upGrad was founded by Ronnie Screwvala…

Pelosi’s Visit To Taiwan: How It Put TSMC In Spotlight?

Pelosi’s Visit To Taiwan: How It Put TSMC In Spotlight?

U.S. House Speaker Nancy Pelosi recently visited Taiwan. She may have left Taiwan but has cast a spotlight on the island’s critical role in the global chip supply chain and on the world’s biggest chipmaker TSMC (Taiwan Semiconductor Manufacturing Company).   Pelosi’s visit is being called controversial because it angered Beijing to see Pelosi meet with…

Russia-Ukraine War: Shares Rebounded, Crude Oil Surged $110/bbl

Russia-Ukraine War: Shares Rebounded, Crude Oil Surged $110/bbl

Russia-Ukraine War – Day 8 – The war has shaken the whole world, from the global stock market to transportation. US and European stocks, which have fallen a few days back, rebounded on Wednesday, but crude prices surged past $110 a barrel as fighting raged in Ukraine for the seventh day, posing a challenge for…

Three Shipping Lines Halt Cargo Shipment To and From Russia

Three Shipping Lines Halt Cargo Shipment To and From Russia

The world’s three biggest shipping companies announced the temporary suspension of shipment to and from Russia on Tuesday in the wake of Russia’s invasion of Ukraine.  Russia’s attack on its neighbour country, which Moscow called a “Special Operation”, is the biggest state-to-state invasion in Europe after World War II.  First, Swiss-headquartered MSC, the world’s biggest…