Dubai [UAE], Ajman Chamber of Commerce and Industry (ACCI) participated in the 2024 "SelectUSA Investment Summit" held in Maryland, USA. This major event attracted more than 4,000 participants from various countries, creating a valuable platform for international collaboration.Sheikh Sultan...
According to the report, India has significantly expanded its infrastructure over the past decade, with increased investment that is also better targeted and potentially more productive."We expect India's infrastructure investment to rise steadily from 5.3 per cent of GDP in FY24 to 6.5 per...
Tel Aviv [Israel], In a boost to bilateral relations, South Korea on Wednesday selected OurCrowd, Israel's most active venture investor, to co-manage what will become an $80 million fund for DeepTech investments .The fund, known as NH-OC Global Open Innovation Fund, will focus on investing in...
New Delhi: Styrenix Performance Materials promoter Shiva Performance Materials on Thursday offloaded a 16.5 per cent stake in the specialty chemicals maker for Rs 540 crore through an open market transaction.As per bulk transaction data available with the BSE, Shiva Performance Materials sold...
Mumbai: The board of markets regulator Sebi on Thursday approved a proposal to remove imposition of financial disincentives on CEO and CTO of stock exchanges and other market infrastructure institutions (IMIs) for technical glitches.Stock exchanges, clearing companies and depositories...
The Odisha government on Thursday approved investment proposals worth Rs 903.41 crore in the renewable energy (RE) sector, according to an official statement.The single window committee (SWC) of the energy department, led by principal secretary Vishal Kumar Dev, approved investment proposals...
New Delhi [India], The 73rd meeting of the Network Planning Group (NPG) was held in New Delhi on June 21, the Ministry of Commerce and Industry said on Thursday.The meeting focused on evaluating eight major infrastructure projects, including two of the Ministry of Railways (MoR) and six of the...
PNNMumbai (Maharashtra) [India], June 27: Jagsonpal Pharmaceuticals announced the acquisition of the India and Bhutan businesses of Yash Pharma[/ url] . The transaction, facilitated by boutique investment banking firm Growthally Advisors, is expected to not only expand Jagsonpal's therapeutic...
New Delhi: The Network Planning Group (NPG) met on June 21 and evaluated eight infrastructure projects of the Railways and the National Industrial Corridor Development Corporation (NICDC), an official statement said on Thursday.The railway project from Manmad to Jalgaon involved an estimated...
New Delhi, Portfolio management firm Emkay Investment Managers Ltd (EIML) on Thursday announced the launch of an alternative investment fund, Emkay Capital Builder Fund, through which it aims to mobilize Rs 500 crore in the next 6-8 months .The open-ended Category III Alternative Investment...
Gurugram (Haryana) [India], Smartworks has successfully raised Rs 168 crore (US$20.24 million) in its latest funding round this year.According to a press release, the investment comes from a consortium of investors that includes Keppel Ltd., Ananta Capital Ventures Fund I, Plutus Capital...
New Delhi [India] In a recent report, American multinational investment bank and financial company Morgan Stanley praise Prime Minister Gati Shakti's plan.The report says that India has significantly expanded its infrastructure over the past decade, investment is not only increasing but is...
New Delhi: Sparsh CCTV on Thursday said it plans to invest Rs 300 crore over the next five years to enhance its capacity to tap new opportunities emerging from the government's push to use 'Made in India' surveillance equipment. She is making.This investment will allow the leading manufacturer...
New Delhi: Shares of India Cements Ltd rose nearly 14 per cent on Thursday morning after major cement maker UltraTech Cement said it will acquire about 23 per cent stake in the Chennai-based firm for up to Rs 1,885 crore.The stock rose 13.70 per cent to hit a 52-week high of Rs 299 on the BSE...
New Delhi, Leading cement maker UltraTech Cement on Thursday said it will acquire about 23 per cent stake in Chennai-based India Cements Ltd for up to Rs 1,885 crore.A regulatory filing by UltraTech Cement said the company's board of directors at its meeting held on Thursday approved "making...
Mumbai (Maharashtra) [India], The Board of Directors of UltraTech Cement Limited, at its meeting held on Thursday, approved financial investment to acquire 7.06 crore equity shares in The India Cements Limited (ICL).The move aims to secure approximately 23 per cent of the equity share capital...
Washington DC [USA], Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, visited Washington DC for talks with Gina Raimondo, US Secretary of Commerce, to discuss strengthening bilateral trade ties and investment.Dr. Al Zeyoudi, accompanied by Yousef Al Otaiba, Ambassador of the...
Bhubaneswar, Odisha, has played a pivotal role in supporting the bilateral partnership between the UAE and India, Abdulnasser Alshaali, UAE ambassador to India, said on Wednesday.Abdulnasser was speaking at a business roundtable organized here on Wednesday by the UAE-India CEPA (Comprehensive...
In New Delhi, electric two-wheeler maker Ather Energy will set up its third manufacturing unit in Maharashtra, involving an investment of over Rs 2,000 crore, state deputy chief minister Devendra Fadnavis said on Wednesday.The new facility to be set up at Bidkin, Aurangabad Industrial City...
Mumbai (Maharashtra) [India], Announcing the "major investment" in Maharashtra, Deputy Chief Minister Devendra Fadnavis on Wednesday said that Ather Energy, the leading electric scooter manufacturer, has decided to set up its third manufacturing plant in the state ."Major investment in...