Page 14 - Investments

Suicides by businesspeople: Seeking help is necessary, say psychiatrists

A total of 9,052 such cases were seen in 2019, an increase of 13.3 per cent over the previous year

No sales but stock price of Indian firm rises 4,300% amid penny stock boom

The prospect of risky investments turning sour raises concerns that any sudden withdrawals by small traders could wind up hurting the broader market as well

Nesco plans over Rs 2,000 cr investment on business expansion in 5-7 years

Diversified firm Nesco has said it is planning to invest over Rs 2,000 crore in the next five to seven years to foray into the hospitality segment as well as expand its existing IT space offerings and add new exhibition centres. The company, which is into real estate, exhibition centre, food and beverages (F&B) and engineering businesses, is also planning to set up a convention hall at its Nesco Centre in Goregaon in suburban Mumbai. "We are strategically expanding our business into newer segments to take advantage of the changing environment. While we will continue to add more exhibition halls, we are also planning to enter the hospitality segment by launching hotels for the convenience of the exhibitors and visitors," company's chairman Sumant Patel told PTI. The company, he said, will be investing Rs 2,000 crore over the next five-seven years for entering new verticals and expanding other businesses, which will be completely funded by its internal accruals. "Our current cash ...

69 firms allotted land near Jewar airport; Rs 2,300 cr investment expected

Sector 29 is being developed for an Apparel Park project which will house several firms dealing in readymade garments, according to the officials

Bulls move deeper on most Asian currencies on recovery hopes: Report

The dollar, often viewed as a safe-haven, is set for its fourth straight monthly decline, trading at a more than two-year low.

Robinsons Global sets up warehousing facility in Thane for Rs 6.5 cr

This is the first such warehouse of the four such facilities Robinson Global Logistics Solutions (RGL) plans to set up by the first quarter of 2021 in the country, the company said in a release

Coralogix to invest $30 mn in India to meet data localisation norms

In a statement, the company said customers can meet compliance requirements for India's new data privacy laws with data localisation, and improve service performance

Kerala set to tap post-Covid potential with investor-friendly legislations

As many as 54 projects with a total investment of Rs 25,000 crore presented before the investors from India and abroad at the two-day event got underway within months

Don't follow the herd: Make buy-sell decisions based on asset allocation

Those who have goals coming up in the near term should book profits in equity MFs

Flipkart launches startup promotion programme; may invest from its fund

Flipkart Leap will identify business-to-consumer and business-to-business startups and help them scale through an intensive 16-week virtual programme

World Bank arm invests $10 mn in venture capital firm Endiya Partners

Funding helps Endiya portfolio companies with financial and strategic support

India's second REIT to encourage more builders to monetise assets: Experts

The participation of retail investors will also increase in future REITs, enabling them to earn dividend income from fully leased and listed commercial real estate

Franklin Templeton MF's shut schemes receive Rs 4,280-cr since closure

Franklin Templeton shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market

Nisus Finance to invest Rs 500 cr in distressed realty projects by March

Nisus Finance, a debt fund focused on real estate, plans to invest the entire Rs 500 crore from its second platform by March next year, as it sees good opportunities for providing last mile capital to complete housing projects and acquisition of distressed assets during this COVID-19 pandemic. Nisus Finance had launched its first fund named 'Real Estate Asset Performance Fund 1' totalling Rs 430 crore, which was invested across nine projects. "In March this year, we announced first closure of our Rs 500 crore real estate fund. This new fund is in partnership with Dalmia Group," Nisus Finance MD & CEO Amit Goenka told PTI in an interview. The two partners have committed Rs 100 crore in this fund, while Rs 400 crore is being committed from HNIs and family offices, he added. "Our new fund from Dalmia Nisus Finance of Rs 500 crore is under deployment and we hope to be able to employ this capital by March 2021," he said. Goenka said the discussions are in advanced stage for three ...

Industrial, warehousing sector witnessed $3.7 bn investment since 2017

To capitalize on the growth potential of the reorganized segment, the sector has attracted significant investor interest

FDI inflows on the rise, great time to invest in India: PM to IBM CEO

In a virtual interaction with Krishna, the prime minister noted that while the world is witnessing a slowdown, FDI inflow in India is increasing

Investment consultants RVK who advise on trillions scored taxpayer loans

The Portland, Oregon-based company, known as RVK, disclosed in the filing that it had been helped by some extra cash: a forgivable loan of between $2 million and $5 million

Tamil Nadu signs deals worth Rs 10,399 crore; to back data park in Chennai

Agreements with private companies will create more than 13,000 jobs, says state government

With Silver rising faster than gold, here're four ways to invest and why

Buying physical is the easiest way or use global route to invest in ETFs

Fresh investments in auto sector unlikely; long, dark period ahead: Siam

Wadhera said job losses in the auto sector cannot be ruled out