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Investcorp to make investments in real estate, private equity

DUBAI / Reuters Bahrain-based Investcorp is aiming to make 10 investments across its private equity and real estate businesses in the current financial year, Co-Chief Executive Rishi Kapoor said on a media call.¬ The investments will help the company achieve its goal of raising its assets under management to $25 billion in the next three years or so, Kapoor said. ...

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Russian oil firm deals supply curbs with ‘innovation’

ALMYETYEVSK / Reuters A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs. Its response: innovation. Yelkhovneft, a Tatneft unit in the semi-autonomous republic of Tatarstan some 1,200 km (750 miles) southeast of Moscow, has cut oil output ...

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China’s silk road revival lends urgency to India’s Asia goals

Bloomberg When Prime Minister Narendra Modi’s government approved $256 million to upgrade a section of a remote border road last month, few took notice. Yet India’s decision to revive plans for the trilateral highway, part of an ambitious 1,360-kilometre (845 mile) crossing to link northeastern India with markets in Thailand and beyond, marks the next phase in the jostle between ...

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