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The cooling-equipment maker attracts institutional capital at a premium valuation as investors eye growth in manufacturing and data-center infrastructure
Author Archives: enterpriseam admin
Posted inECONOMY
India hits fiscal targets and sees export surge, but Gulf crisis squeezes fuel shipments
Plus: Industrial output beats expectations
Posted inINVESTMENT WATCH
India’s data center race intensifies with AirTrunk’s USD 21 bn pledge
The Australian major plans to build a 3 GW data center in financial capital Mumbai
Posted inMOVES
Vipul appointed India’s ambassador to Riyadh
Plus: Nilesh Ved will head UAE-India Business Council’s Emirati chapter
Posted inALSO ON OUR RADAR
Urban Company’s Saudi ops move to Yammak following the closure of its subsidiary
The home services platform has wound down its Saudi step-down subsidiary, while operations continue through its joint venture with Saudi Manpower Solutions Company
Posted inPLANET FINANCE
Muted AI exposure and war spell trouble for Indian equities
Foreign investment in Indian stocks dropped to a near 10-year low
Posted inCALENDAR
JUNE 15-17 June (Monday-Wednesday): Prime Minister Narendra Modi to attend G7 Summit in Evian, France. 18-21 June (Thursday-Sunday): Bharat Buildcon, Yashobhoomi, Dwarka, Delhi. 24-25 June (Wednesday-Thursday): India Homeland Security Expo, Bharat Mandapam, Pragati Maidan, New Delhi. 26 June (Friday): Muharram. Signposted to happen sometime in 1H 2026: Signing of India-Qatar FreeTrade Agreement (Details yet to […]
Posted inWHAT WE’RE TRACKING TODAY
THIS AFTERNOON: India-Oman trade pact takes effect
Plus: Adnoc LNG cargo crosses Hormuz for India
Posted inTHE BIG STORY TODAY
India plans USD 1 bn LIC stake sale in major test of market appetite
The LIC sale would be the government’s first major sell-off of the insurer since its listing in 2022
Posted inENERGY
Fuel price hikes again as India’s oil shock moves downstream
India is now passing the energy shock through every major fuel category — commercial LPG, CNG, and transport fuels