Page 8 - Investment

Investors richer by over Rs 4.46 trn in three days of market rally

IndusInd Bank was the biggest gainer in the BSE 30-share frontline companies pack on Thursday, gaining 7.34 per cent

EU adopts cooperation strategy in Indo-Pacific, investment with India soon

investment with India soon

Bengal received 15 proposals for manufacturing biofuel: Chief secy

The West Bengal government on Wednesday said it has received around 15 proposals for manufacturing biofuel, entailing an investment of Rs 2,666 crore

PepsiCo commissions largest greenfield plant in India, UP CM unveils it

Food & beverage major PepsiCo on Wednesday said its business in India is transforming and will continue to invest in the country for a long term. The company on Wednesday commissioned its Rs 814 crore Kosi Kalan foods plant at Mathura in Uttar Pradesh, the largest greenfield investment in manufacturing in India by the global food and beverages major. PepsiCo India President Ahmed ElSheikh said, "Like India, PepsiCo's business here is also transforming and we continue to invest for the long term. In its three-decade long journey in India, PepsiCo has become one of the largest convenient food and beverage companies in the country, he said. "Today, we employ 1,63,000 people (direct and indirect) across our ecosystem; have 13 iconic global brands that consumers love in India; and work closely with more than 27,000 farmers, including women farmers, across the country," ElSheikh added. PepsiCo AMESA CEO Eugene Willemsen said India is a long-term strategic market for the company. We see

DealShare to invest $100 mn for scaling operations, hire 5,000 people

DealShare on Wednesday said it plans to invest USD 100 million (about Rs 736.3 crore) to scale its operations and hire about 5,000 people across various functions over the next six months,

Research analyst registrations up 50% since 2018 as market booms

Demand rises for tracking new companies, sectors to help investors understand and act on their investment portfolios has also seen a surge

Foreign portfolio investors make net investment of Rs 7575 cr in Sep so far

Foreign portfolio investors (FPI) have so far made a total net investment of Rs 7,575 crore in India so far in September, as per NSDL data.

Ford dealers invested over Rs 2,000 cr; staring at huge loss: FADA

Ford dealers in India are staring at huge losses with the automaker deciding to shut production in the country with immediate effect, automobile dealers' body FADA said on Thursday.

Civil aviation min announces new MRO policy; seeks to attract investments

The new policy for Maintenance, Repair and Overhaul (MRO) services includes leasing of land through open tenders and abolishing royalty charged by the AAI

T+1 cycle may reduce margin requirement, boost investment: Experts

Sebi's decision to introduce an optional T+1 (Trade plus 1 day) settlement system for the markets could help reduce margin requirement for clients and boost retail investment in equity markets

As immediate neighbour, India has high stakes in Afghan developments: Lekhi

India has one of the highest stakes in the developments in the war-torn country, Minister of State for External Affairs Meenakashi Lekhi has said

UK to invest $1.2 bn in govt and private green energy projects in India

The investments will support India's goal of 450 Gw renewable energy by 2030, the British High Commission stated

Experts say govt driving capex even as FinMin praises private sector

Experts believe that investments are down and driven by government, PSUs

Minda picks up 26% in charging solution startup EVQPOINT via subsidiary

Deal will allow Spark Minda to capitalise on the shift to electric mobility and bolster its position as a one-stop shop for comprehensive charging solutions for EVs

'Leveraged trades can become a worrying factor for the markets'

Sebi peak margin norms: It may have some impact on the mid-and small-cap stocks, Deven Choksey says

I Squared Capital invests $200 mn in Singapore-based AG&P City Gas

AG&P City Gas is developing twelve city gas distribution networks in India

Ajmera Realty expects Rs 4,000 cr revenue in 3-4 years from 7 projects

The city-based developer Ajmera Realty is expecting around Rs 4,000 crore in topline from the upcoming seven projects which need an investment of around Rs 2,500 crore, a top company official has said. The company, which had a revenue of Rs 330 crore in the pandemic-hit FY21, is expecting to close FY22 with Rs 500 crore and has started off the fiscal on a robust note with the June quarter sales touching Rs 134 crore. It earned a profit of Rs 10.26 crore in Q1, up from Rs 2.10 crore in June 2020. The proposed seven projects are coming up in Mumbai (four, one of which is a relaunch in the Mulund area), Pune (two) and one in Bengaluru and will have a saleable area of around 2 million sqft when fully developed. "We are expecting topline to grow by Rs 4,000 crore from these seven projects and have budgeted around Rs 2,500 crore of investment in these projects," Dhaval Ajmera, director of Ajmera Realty & Infra, told PTI on Monday. "Despite the pandemic we almost doubled our sales in the

George Soros exits shares bought during Bill Hwang's Archegos implosion

Soros Fund Management sold $194.3 million of ViacomCBS Inc., $77 million of Baidu Inc. shares and $46.4 million of stock in Vipshop Holdings Ltd., according to a regulatory filing released Friday.

New vehicle scrappage policy to attract investments worth Rs 10,000 crore

Modi also said that a scrapping certificate would be issued for a vehicle, based on which there would be no registration fees required for the new vehicle purchase as part of the policy.

Retro tax withdrawal bill aimed for investors' confidence in India: CBDT

The move to do away with retrospective taxation is aimed at instilling foreign investors' confidence in the Indian economy and to deliver "equity" of justice in tax matters