News Analysis: 9/19/16

[Non fin, Critical] 17 Indian soldiers were killed in an attack at Uri, J&K Greenko to buy SunEdison’s Indian portfolio for $315 million : Greenko, one of Indi’a fastest growing green energy companies will acquire 390MW of solar portfolio and 48MW of wind portfolio, in one of the biggest distress sales in the sector. A […]

News analysis: 9/15/16

Reliance communication announced merger with Aircel(owned by Maxis), to form a company with the countries second largest spectrum holding(after Airtel) and third largest user base.(After Airtel and Vodafone). Both partners will hold 50% of the merged entity and have equal representation on the board. According to company statements the deal will have capex and opex […]

News analysis: 9/13/16

[Non-fin] Violence erupts in Southern India over Cauvery water dispute.:  The Supreme Court ruled on Monday that Karnataka would have to release 12,000 cubic feet of water, to Tamil Nadu every day until Sept. 20 from the Cauvery River, which originates in Karnataka and flows downstream to Tamil Nadu. Lack of a centralized policy to allocate scarce resources […]

News analysis: 9/12/16

Sell off in Asian stocks(Sensex down ~1.5%) and bonds amid concerns of the US increasing its FED funds rate Context: Fed reserve bank of Boston President Eric Rosengren spurred bets on an interest rate hike saying that the US economy could overheat should policy makers wait too long to tighten Government shortlists bankers to manage […]