In a significant development, Kenya’s high court has put a stop to a $736 million deal between the country’s state utility and India’s Adani Energy Solutions. This agreement, aimed at building and operating crucial power infrastructure, has been suspended pending legal review.
What Happened?
The public-private partnership was formed between the Kenya Electrical Transmission Company (KETRACO)…
Private value firm Apax Partners has inked a consent to procure the product items business of 3i Infotech Ltd for Rs 1,000 crore ($136 million), fixing its first India bargain in very nearly two years.
The arrangement will help 3i Infotech reimburse all its obligation, reinforce its accounting report and grow different verticals including programming administrations, the organization said in a…
