Indian Luxmi Tea factory has opened its branches in Karongi district, Western Province with the capacity to produce 1,000,000Kg of dry tea, annually.

According to India’s secretary for Economic Relations in the ministry of External Affairs, T S Tirumurti, the programs will be delivered as the second phase of a tele-education initiative called the e-VidhyaBharati and e-ArogyaBharati Network Project (e-VBAB) later this year.

Ctrip holds nearly half of the Indian online travel firm after this acquisition.

M&A Report (August 2019)

Amid the global trade and tariffs war between China and the US, Asian markets saw a deterioration in M&A activity in 2Q19. In line with the overall trend in the region, private equity activity decreased for the third consecutive quarter.

This is the final call to to hydropower stakeholders from all over the globe to review and provide perspectives on their draft Hydropower Criteria for Climate Bonds.

M&A Report (July 2019)

China outbound M&A activities came to a freeze in the second quarter, dragging outbound dealmaking to USD 20.4bn (114 deals) in 1H19, recording the lowest value since 2011 amid uncertainty from the escalating trade war. Even Europe, the all-time most popular destination, saw less Chinese interest with a 64% decrease in deal value in 1H19.

Indian Shapoorji Real Estate (SPRE) and UK equity investor Actis will spend Sh6.5 billion in a 624-unit middle-class housing development in Garden City Nairobi.

India's Bharti Airtel has agreed to pay 60 billion shillings ($26 million) over five years and cancel debt to resolve a dispute over ownership of its Airtel Tanzania unit, the Tanzanian government said on Monday.