Page 5 - Investments

52 cos apply with Rs 6,000-cr investment proposals for AC, LED PLI scheme

Around 52 companies have applied for availing PLIs for white goods makers, proposing an investment of around Rs 6,000 crore in the manufacturing of components for air conditioners and LED lights.

Telecom reforms usher in new era for India's digital ambitions: Telcos

The telecom reforms announced by government are beginning of a new era for sector as well as for boosting investment in the industry that is reeling under debt burden, leading sectoral players said

Smallcases make a big splash among young investors: Here's why

Experts flag inadequate regulatory oversight; concentrated and thematic nature of most portfolios makes them riskier bets

Singapore govt lauds foreign talent policy as Oppn targets India

Singapore could lose good investments and jobs if it imposes tighter restrictions on global companies' ability to employ the talent they need, Finance Minister Lawrence Wong said on Tuesday

Need assurance from India on investment protection: UKIBC's Richard Heald

In a Q&A, UKIBC's group chair lists out three areas that need focus - tariff reduction in some sectors, removal of non-tariff barriers on goods, and aligning data protection rules

FUDR raises $140,000 from US-based accelerator Expert Dojo, angel investor

The company currently works with 500 F&B outlets across 50 cities to help them generate annualised GMV of $3 million. It is growing at 25% MoM, adding 300 new F&B brands a month

Fresh investments in motown may cross $4 bn; auto firms in talks with govt

Some 13 auto firms have been in talks with govt for setting up business in India

Tamil Nadu's $10-billion green energy island to get Denmark aid

Some important Danish companies in Tamil Nadu are Vestas, Cubic, Maersk, Grundfos, FLSmidth, and Danfoss

Govt sticks to Sep 15 deadline for putting financial bids for Air India

The government will stick to the September 15 deadline for investors to put in bids for buying national carrier Air India, an official said.

RIL arm buys majority stake in Strand Life Sciences for Rs 393 crore

RIL is expected to further invest up to Rs 160 crore in the genomic testing firm by March, 2023

India, UK agree investment boost at Economic and Financial Dialogue

New steps to tackle climate change and boost investment were announced on Thursday at the 11th India-UK Economic and Financial Dialogue (EFD)

Global Investment Bank, Capital Trust announce $68 mn investment fund in AI

Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund, which will invest up to $68 million in startups transforming artificial intelligence

Will invest in firms focused on make in India: True North's Ashish Bhargava

Bhargava says the firm had very few challenges in understanding businesses and investing during pandemic as young founders are comfortable having online discussion

Google, Microsoft pledge billions in cybersecurity investments

The Biden administration has been urging the private sector to do its part to strengthen cybersecurity defences against those increasingly sophisticated attacks

Samsung plans to invest $205 billion in three years, hire 40,000

Samsung Electronics and affiliates such as Samsung Biologics aim to lead research and spending in areas from telecommunications and robotics to corporate acquisitions

Check Nidhi firms' antecedents before investing money, says govt

At least 348 entities have failed to meet the criteria to be declared as Nidhi companies

Yale taps 36-year-old Matthew Mendelsohn to run $31-bn endowment

Matthew Mendelsohn, 36, will head the second-largest private college endowment in the U.S. -- one that's the envy of peers and institutional investors

House of Kieraya raises $15 million in asset financing from TradeCred

House of Kieraya (HoK), known for furniture and lifestyle rental brand Furlenco, on Tuesday said it has raised $15 million from alternative debt platform TradeCred

John Abraham, others invest Rs 4 crore in icecream maker NOTO

Actor John Abraham and a clutch of venture capital (VC) funds have invested Rs 4 crore in NOTO, the low-calorie and high-protein icecream brand said on Tuesday

Govt to monetise 25 airports over 4 years, to fetch Rs 20,782 crore

The government is looking to monetise 25 AAI-managed airports, including Varanasi, Chennai, Nagpur and Bhubaneshwar, over the next four years, which could bring in investments worth Rs 20,782 crore.