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Indian firm seeks investor for $5.3b solar plan

Bloomberg India’s Energy Efficiency Services Ltd (EESL) is seeking a partner to expand its distributed solar power venture, Managing Director Saurabh Kumar said. EESL has chosen Investec Capital Services to advise on the deal and expects it to come up with a valuation for the project in three months, Kumar said. The project has 100 megawatts of operational solar generation ...

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Homes can shelter India’s China dream after Covid

India quite literally needs to put a roof over its China dream. It took a pandemic and a lockdown to highlight the precarious existence of the country’s blue-collar workers. Left without jobs and shelter, an estimated 30 million — roughly a fifth of the urban labour force — have gone back to their villages, with many completing long, hazardous journeys ...

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TikTok gets Amazon-sized scare

What was a turbulent enough week for TikTok turned downright bizarre. Already, Secretary of State Mike Pompeo had warned that the Trump administration was looking at banning the short-video platform owned by Beijing-based parent ByteDance Ltd over data-privacy concerns, and President Donald Trump himself said he was considering banning TikTok as one way to retaliate against China over the coronavirus. ...

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