In a regulatory filing, Shriram Finance stated that its board would evaluate options to raise funds through a rights issue, preferential allotment, qualified institutional placement (QIP), or other permissible modes, according to an Economic Times Earlier on October 1, ET had reported that MUFG was in advanced discussions to acquire a 20% stake in Shriram Finance for around Rs 23,200 crore ($2.6 billion). If the transaction materialises, it would mark the largest strategic investment by a foreign lender in ...

Mikael Wigell is the founder and CEO of Economic Security Forum, a geoeconomics consultancy. He is also a visiting professor at College of Europe in Brussels, Belgium. For decades, foreign direct investment (FDI) followed a simple principle: efficiency. Firms built global supply chains to minimise costs, and governments competed for capital through deregulation and open markets. This model of market capitalism underpinned globalisation’s golden age. That world is fading. Across advanced economies, govern ...