investment

  1. Gujarat to receive FDI worth US$7.3 billion in 2023-24, 55 per cent more than the previous fiscal year.

    Gujarat to receive FDI worth US$7.3 billion in 2023-24, 55 per cent more than the previous fiscal year.

    Ahmedabad, Gujarat, has attracted foreign direct investment (FDI) of $7.3 billion in the financial year 2023-24, an increase of 55 per cent over the previous fiscal year, the state government said in a statement on Friday.With this, Gujarat now stands second in the country after Maharashtra in...
  2. SAIL to invest Rs 6,500 crore for capital expenditure in FY25: CMD Amarendu Prakash

    SAIL to invest Rs 6,500 crore for capital expenditure in FY25: CMD Amarendu Prakash

    Hyderabad, Steel Authority of India Ltd will invest Rs 6,500 crore in capital expenditure during the current financial year as part of its investment plan of Rs 1 lakh crore over the next few years, SAIL CMD Amarendu Prakash said on Friday.Speaking to reporters on the sidelines of a program...
  3. Total employment in MSME increased by 66 percent and crossed the figure of 20.2 crores.

    Total employment in MSME increased by 66 percent and crossed the figure of 20.2 crores.

    The number of workers employed in registered MSMEs has increased by 66 percent from the figure of 12.1 crore jobs in July last year. Of the total workers employed in these enterprises, 4.54 crore are women employees.Currently there are 4.68 crore MSMEs registered with Udayam, of which 4.6...
  4. Investment should be promoted not speculative business: Nilesh Shah

    Investment should be promoted not speculative business: Nilesh Shah

    Kolkata, Measures are needed to curb speculative trading and develop a long-term investment culture, said Nilesh Shah, part-time member of the Prime Minister's Economic Advisory Council (EAC-PM).Shah, also CEO of Kotak Mahindra Asset Management Company Ltd, highlighted how long-term equity...
  5. Dubai's emerging developer Blanco Thornton receives overwhelming response at New Delhi showcase

    Dubai's emerging developer Blanco Thornton receives overwhelming response at New Delhi showcase

    PNNNew Delhi [India], July 5: Blanco Thornton Properties, a leading real estate developer of Dubai, successfully organized a grand event in New Delhi to showcase the own exclusive property of him. developments to Indian channel partners. The event took place on July 3, 2024 at the prestigious...
  6. Wipro leads investment round in Consumer Care-Ventures LetsTry

    Wipro leads investment round in Consumer Care-Ventures LetsTry

    New Delhi: Wipro Consumer Care & Lighting's funding arm Wipro Consumer Care - Ventures on Thursday said it has invested in Letstri, which operates in the packaged snacks category.An existing investor from 9Unicorns has also participated in this round, the company said without disclosing the...
  7. Importance of KYC compliance in opening demat account

    Importance of KYC compliance in opening demat account

    The stock market is a place where you can invest or trade in stocks, bonds, mutual funds, IPOs and many other financial instruments. To enter this place for the purpose of building your portfolio and increasing your hard-earned wealth, you will need a Demat account along with a complete KYC.A...
  8. AstraZeneca to expand its Chennai GCC at a cost of Rs 250 crore

    AstraZeneca to expand its Chennai GCC at a cost of Rs 250 crore

    The expansion includes nearly 1,300 positions focused on driving innovation, improving efficiency and optimizing operations across the global company.The expanded facilities were inaugurated in a ceremony officiated by Tamil Nadu Industries Minister T.R.B. Rajaa, British Deputy High...
  9. Suzuki's Next Bharat Ventures launches Rs 340 crore fund for social impact startups

    Suzuki's Next Bharat Ventures launches Rs 340 crore fund for social impact startups

    Next India is a social impact investment fund dedicated to promoting impactful entrepreneurs who are creating value for Tier II and below sectors. It aims to empower India's next billion people by supporting these influential entrepreneurs.“There are approximately 1.4 billion people in India...
  10. Suzuki Motor launches Rs 340 crore fund 'Next Bharat' to support social impact startups

    Suzuki Motor launches Rs 340 crore fund 'Next Bharat' to support social impact startups

    In New Delhi, Japanese automobile company Suzuki Motor on Thursday launched its first investment fund in India, Next Bharat Ventures, a Rs 340 crore fund dedicated to nurturing impact entrepreneurs who create value in Tier II and below geographies.This Suzuki initiative aims to support social...
  11. 95 percent Indian companies get positive returns from data streaming investments: Report

    95 percent Indian companies get positive returns from data streaming investments: Report

    According to data streaming company Confluent, 94 percent prioritize data streaming as a major IT investment in 2024, surpassing global figures and ranking highest among the countries surveyed.“Our findings that data streaming is one of the top IT investment priorities for Indian companies...
  12. Inox Wind will become a debt free company after promoter investment of Rs 900 crore.

    Inox Wind will become a debt free company after promoter investment of Rs 900 crore.

    New Delhi: Inox Wind Ltd on Thursday said the wind energy solutions provider will become a net debt-free company after its promoter Inox Wind Energy (IWEL) has invested Rs 900 crore in the company.In a statement, Inox Wind Limited (IWL) on Thursday announced the completion of investment of Rs...
  13. Several South Korean companies assured to invest in gaming, auto and FMCG sectors in Karnataka

    Several South Korean companies assured to invest in gaming, auto and FMCG sectors in Karnataka

    Bengaluru (Karnataka) [India], The Government of Karnataka has entered into talks with major Korean companies to strengthen the state's economic outlook in the gaming, consumer goods and automotive sectors.The meeting took place between M.B. Patil, Minister of Large and Medium Industries and...
  14. Corporate investment will accelerate development of North-Eastern region: Experts

    Corporate investment will accelerate development of North-Eastern region: Experts

    At CSR Connect launched by the Confederation of Indian Industry (CII) to promote corporate investment in social development in the North East, Dr Sukant Majumdar, Minister of State, Ministry of Development of North Eastern Region, said that the initiative aims to bridge the gap between the two...
  15. The future of AI is Indian: SenseAI whitepaper and startup survey highlights the transformative impact of AI and India's key role

    The future of AI is Indian: SenseAI whitepaper and startup survey highlights the transformative impact of AI and India's key role

    VMPLBengaluru (Karnataka) [India], July 3: SenseAI Ventures, a leading AI fund, announced the launch of a whitepaper, “Artificial Intelligence: Beyond the Hype”, and the results of a founder survey of AI startups in India. The whitepaper explores crucial topics such as AI progress in 2023, its...
  16. Industry needs to boost capital investment to take advantage of growth opportunities: Anand Mahindra

    Industry needs to boost capital investment to take advantage of growth opportunities: Anand Mahindra

    In New Delhi, Indian companies need to improve capital investment to take advantage of the growth opportunities available in India and abroad, according to Mahindra Group Chairman Anand Mahindra.Addressing shareholders in the company's annual report for 2023-24, the noted industrialist noted...
  17. Sensex crosses 80,000 for the first time, Nifty at all-time high

    Sensex crosses 80,000 for the first time, Nifty at all-time high

    At close, Sensex was up 545 points or 0.69 per cent at 79,986 and Nifty was at 24,286, up 162 points or 0.67 per cent.During the day, Sensex and Nifty recorded new all-time highs of 80,074 and 24,309, respectively. This is the first time that Sensex and Nifty crossed 80,000 and 24,300.Kotak...
  18. The Rise of ESG Mutual Funds: Investing for a Sustainable Future

    The Rise of ESG Mutual Funds: Investing for a Sustainable Future

    In recent years, consumers have become environmentally conscious and the mutual fund segment also reflects this trend. Interest in sustainable investing has skyrocketed in India, with ESG (environmental, social and governance) funds gaining popularity.So what are ESG funds, how do they work...
  19. Institutional investment in real estate to reach 3-year high of US$2.5 billion in Q2 2024

    Institutional investment in real estate to reach 3-year high of US$2.5 billion in Q2 2024

    New Delhi [India], Institutional investment in the second quarter (Q2) of 2024 rose to $2.5 billion in revenue compared to the stable start to the first quarter, Colliers India, a real estate company, said in its recent report.Among the different segments, industrial and storage recorded an...
  20. PE, VC investments reach $6.9 billion in May: Report

    PE, VC investments reach $6.9 billion in May: Report

    Investments in real estate and infrastructure by PE/VC have increased by 67 per cent year-on-year to $2.5 billion in May 2024 from $1.5 billion in May 2023, the report said. This is 183 percent more than April 2024.The total number of deals increased 45 percent year-on-year to 100 in May 2024...
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