Latest news with #AjayArora
News18
6 days ago
- Business
- News18
M&A activity drops 17 pc to USD 50 bn in Jan-June 2025
Agency: PTI Mumbai, Aug 12 (PTI) Mergers and acquisitions activity dropped to USD 50 billion in the first half of 2025, down 17 per cent when compared with the year-ago period, a report said on Tuesday. When compared with the July-December 2024 period, there was a 2 per cent increase in the value, leading authors at the consultancy firm EY to term the H12025 activity as defying global headwinds and policy uncertainties. From a volume perspective, the number of transactions dropped 12 per cent on-year to 1,285, it said, adding that there is a shift in investor strategy to prefer fewer, high-value bets which are strategic in nature. 'The rise in large ticket deals despite a drop in volume reflects a flight to quality, driven by macro concerns and a changing regulatory environment," its partner Ajay Arora said. The first six months of the year had 10 deals of over USD 1 billion each, which is double the number seen in both halves of 2024, it said. Power sector led the overall activity with over USD 8.5 billion in deal value, driven by renewable energy contributing 80 per cent of it, the report said. Looking ahead, the report said last week's doubling of tariffs by the US administration on Indian exports has reintroduced uncertainty into the trade environment. 'The industry awaits clarity on tariff structures, regulatory frameworks, and market access which will decide the fate of transactions especially in businesses which have US exposure," the report said. PTI AA MR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: News agency-feeds M&A activity drops 17 pc to USD 50 bn in Jan-June 2025 Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Yahoo
30-06-2025
- Business
- Yahoo
Ameren proposes 800MW natural gas energy centre in Missouri
Ameren Missouri has submitted a proposal to the Missouri Public Service Commission to build an 800MW simple-cycle natural gas energy centre alongside its inaugural large-scale battery storage system (BESS). The project, called the Big Hollow Energy Center, will be built in Jefferson County. It is designed to boost energy supply and ensure grid resilience. Subject to regulatory consent, the facility aims to be operational by 2028, offering dependable backup power during extreme weather conditions or when renewable sources are insufficient. Ameren Missouri chairman and president Mark Birk stated: "This is the next step to deliver on our strategy to invest in energy infrastructure for our customers' benefit and provide a balanced generation portfolio. "As we transition our generation for the future, we'll continue to serve our customers with the reliable energy they expect while also preparing for anticipated increases in demand." Modelled after the Castle Bluff Energy Center, the Big Hollow project will cater to peak demand periods with its natural gas capabilities. The 400MW battery installation can swiftly respond to fluctuating energy requirements while enhancing overall network stability. Ameren Missouri recently accelerated its battery storage expansion strategy. By 2030, the company anticipates reaching a milestone of 1GW capacity and extending this to 1.8GW by 2042. The selected location benefits from pre-existing infrastructure and transmission lines, streamlining the development process for these facilities that will operate independently yet synergistically within the current framework. Ameren Missouri senior vice-president and chief development officer Ajay Arora stated: "It is crucial to have a balanced mix of generation technologies and equally important to strategically locate them across the region. This approach maximises the energy output from these resources." Ameren Missouri's service area covers 60 counties and 500 communities, including the greater St Louis area. "Ameren proposes 800MW natural gas energy centre in Missouri" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Fashion Network
19-05-2025
- Business
- Fashion Network
D'Decor Home Fabrics expands presence with store in Mumbai
D'decor Home Fabrics has strengthened its retail footprint with the launch of its flagship showroom in Mumbai for its brands D'decor and Fabricare. The store located on Veera Desai Road, Andheri will offer Fabricare and D'decor's complete portfolio that includes curtains, upholstery fabrics, indoor-outdoor fabrics, blackout curtains, home wash curtains, wallpapers along with the newly launched range of rugs and blinds. Additionally, it also houses a curation of artefacts, tableware and lighting from the luxury home décor brand, Simone. Commenting on the launch, Simone Arora, creative director at D'decor Home Fabrics in a statement said, 'Our newly launched showroom is a celebration of our design journey - where every corner tells a story of texture, colour, and craftsmanship. We wanted to create a space that inspires creativity and makes home décor both aspirational and accessible.' Ajay Arora, managing director at D'decor Home Fabrics added, 'The launch of our D'Decor-Fabricare showroom in Mumbai is a strategic move to strengthen our retail footprint and bring the brand closer to our core consumers. Mumbai is a key market for us, and this store allows us to directly engage with homeowners, architects, and designers in a meaningful way.' Founded in 1999, D'decor Exports Pvt Ltd is one of the world's largest producers of home furnishings with exports to 65 countries worldwide.
