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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...