Venezuela has approved one of the most far-reaching reforms of its oil industry in over two decades, marking a dramatic shift away from strict state control and opening the door for greater private and foreign participation. The National Assembly passed the amended hydrocarbons law in a final vote this week,…
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CCI Clears Elliott Funds’ Stake Purchase in Toyota Industries
The Competition Commission of India (CCI) has approved the proposed acquisition of a minority shareholding in Toyota Industries Corporation by a group of global investment funds managed by Elliott Investment Management L.P. The clearance was granted after the regulator concluded that the transaction would not have an appreciable adverse effect…
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CCI Clears Nippon Steel’s Full Acquisition of Krosaki
The Competition Commission of India (CCI) has approved Nippon Steel Corporation’s acquisition of Krosaki Harima Corporation, clearing the way for the Japanese steel major to assume full ownership of the refractory products manufacturer. The approval marks a key regulatory milestone in a transaction that consolidates Nippon Steel’s control over its…
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India-Netherlands Launch Joint Trade & Investment Committee
India and the Netherlands have formalized a significant step in bilateral economic cooperation by establishing the India Netherlands Joint Trade and Investment Committee (JTIC). The announcement coincided with the visit of Dutch Foreign Minister H.E. David van Weel to India and his bilateral meeting with Union External Affairs Minister Dr….
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India Must Clear 3 Hurdles for FII Return: JPMorgan
Foreign investors are likely to return to India once three major hurdles are addressed, says Rajiv Batra, Head of Asia and Co-Head of Global Emerging Markets Equity Strategy at JPMorgan. Speaking at JPMorgan’s 10th India Conference in Mumbai, Batra highlighted US–India relations, earnings growth, and upcoming policy reforms as key…