Can Vande Bharat be a model for the world? India’s bet on affordable modern rail
By Firstpost-Business

By Firstpost-Business


Pinegrove Opportunity Partners has raised $2.2 billion for its debut fund, closing a large investment round in a fast-growing niche of the venture capital market.

Tim Leissner, the former Goldman Sachs Group Inc. banker who admitted his role in one of the largest financial frauds in history, is seeking a presidential pardon before he surrenders to a federal prison.

India’s Vande Bharat Express offers a third way in global rail modernisation — faster, safer and modern trains without the crippling costs of bullet-train networks. As poorer and middle-income countries struggle with ageing railways and tight budgets, India’s semi-high-speed model is beginning to draw attention beyond its borders

ReNew Energy Global Plc has secured $600 million in bonds at a 6.5% rate, a decline from its prior issuance. The bond issuance follows Masdar's exit from a deal to take ReNew private, amid ongoing challenges in India's renewable energy sector.








