South Asia

The Indian renewable energy power producer is looking to accelerate industrial decarbonisation, including for Bharat Aluminium, through large-scale solar and wind projects.

The alternative asset manager is backing a South Korean motion-control technology provider at a reported valuation of $676m; Blackstone has also appointed former KKR executive Ami Momaya as its first dedicated infrastructure hire in Asia Pacific.

As venture capital rebounds and AI reshapes global investment priorities, Asia's innovation ecosystem is evolving along a distinctly different path, one where governments, capital markets, family offices and banks are increasingly working together to build the next generation of companies.

The former Nomura, UBS and Deutsche Bank banker brings more than 25 years of global M&A and strategic advisory experience.

Firms including Temasek, the State Bank of India and The Canada Pension Plan Investment Board, are looking to sell stakes in India's largest exchange.

The banking group has large back-office centres in India, China, Malaysia and Poland; over 7,800 such roles could be impacted. The bank has also increased its profit targets for 2030 and confirmed group CFO and COO appointments.

The Asian Development Bank has unveiled a landmark $70bn investment drive to transform regional connectivity by 2035, by integrating cross-border power grids and build an 'Apac Digital Highway' to bridge the energy and technology divide for millions.

The former JP Morgan banker will be joining Citi in June from tech firm Dream Sports, and will be based in Mumbai.

Adel Afiouni has been named senior country manager, group regional head Middle East, Caucasus & Central Asia.