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Institutional investments in alternatives cross USD2.0Bn in 5 years; foreign investments rise 6X since 2019- Colliers Alternative assets in India received cumulative investments of about USD2.0Bn during the last 4-5 years (2019-H1 2023), led by foreign investors. Foreign investments accounted for 78% of the total investments in the segment, as investors continued to seek newer markets and newer avenues segments to diversify their asset portfolio while enhancing risk adjusted returns. Institutional investors who were primarily focused on core asset classes have been building up their non-core assets around...
Institutional investments in alternatives cross USD2.0Bn in 5 years; foreign investments rise 6X since 2019- Colliers
Institutional investments in alternatives cross USD2.0Bn in 5 years; foreign investments rise 6X since 2019- Colliers
Source: PR Agency
5/09/2023 11:07:01 AM
Bengaluru`s premium property segments see surge in investments IT city Bengaluru is seeing an upward trajectory in investments in premium plotted properties and real estate with people preferring to purchase premium plots to get their dream villas. Bengaluru has always seen a steady rise in the number of people settling down. The trend in metros is people go for apartments. However, people now prefer villas, villaments and gated communities. “From a geographical point of view, in the Bengaluru market, North Bengaluru (around Devanahalli) and ...
Bengaluru`s premium property segments see surge in investments
Bengaluru`s premium property segments see surge in investments
Source: IANS
3/09/2023 9:14:30 AM
Our investment in India will keep growing: IBM CEO Arvind Krishna Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development (R and D) centres in India and the company will continue to invest more as the country aims to become a trillion dollar digital economy by 2026, its Chairman and CEO Arvind Krishna said here on Monday. AI adoption is steadily on the rise globally and India is well poised to lead the AI revolution and establish itself as an AI innovation garage of the world. &...
Our investment in India will keep growing: IBM CEO Arvind Krishna
Our investment in India will keep growing: IBM CEO Arvind Krishna
Source: Accord Fintech
29/08/2023 11:39:30 AM
BP urges more oil, gas investment while speeding energy transition Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions. Global gas prices surged seven-fold last year as 3% of global gas supplies were hit following Russia's invasion of Ukraine, forcing countries to boost energy spending and shift to coal, BP CEO Bernard Looney said in New Delhi. "We need to do both. We need to invest in today's energy system...
BP urges more oil, gas investment while speeding energy transition
BP urges more oil, gas investment while speeding energy transition
Source: Reuters
27/08/2023 8:52:08 AM
Big Tech firms invest $235 mn in AI model repository Hugging Face Tech giants like Google, Amazon, Nvidia, Intel, IBM, Salesforce, Qualcomm and others have infused $235 million into Hugging Face, an open-source AI model repository similar to GitHub for programming. The latest Series D fundraising round brings Hugging Face’s valuation to $4.5 billion, reports CNBC. Investors in this round have invested significantly into various generative AI models of their own. The funds will be used “to grow the team currently at 170 and invest in mor...
Big Tech firms invest $235 mn in AI model repository Hugging Face
Big Tech firms invest $235 mn in AI model repository Hugging Face
Source: IANS
25/08/2023 11:08:40 AM
Madhav Sheth brings Honor brand to India with 100% local licensing, Rs 1,000 cr investment   As the government pushes consumer electronics companies towards local manufacturing, former realme India chief Madhav Sheth on Monday announced a new venture called HonorTech, which is a 100 per cent Indian joint venture (JV) collaboration, and will infuse Rs 1,000 crore by year-end to begin with. In an interaction with IANS, Sheth who has been a veteran in the Indian smartphone industry, said that with his new venture HonorTech that will bring the Honor brand ecosystem to India,...
Madhav Sheth brings Honor brand to India with 100% local licensing, Rs 1,000 cr investment
Madhav Sheth brings Honor brand to India with 100% local licensing, Rs 1,000 cr investment
Source: IANS
21/08/2023 11:11:37 AM
FPIs sold stocks worth Rs 10,921 cr in August  After three months of sustained buying with cumulative investment of Rs 1,37,603 crore, FPIs turned sellers in August, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The consolidated NSDL data shows the August FPI investment through 18th at Rs 8,993 crore. But this figure includes bulk deals and investment through the primary market. In the cash market FPIs sold stocks for Rs 10,921 crore and they were sellers in 10 days and buyers in only three days...
FPIs sold stocks worth Rs 10,921 cr in August
FPIs sold stocks worth Rs 10,921 cr in August
Source: IANS
19/08/2023 2:44:39 PM
Google invests $88 mn in South Korean startup incubation programme   Google has invested $87.9 million to incubate nearly 500 South Korean startups and help them go abroad, a company official said. Google's ChangGoo Programme -- launched in 2019 in cooperation with the Ministry of SMEs and Startups -- is aimed at discovering potential young developers and fledgling businesses and helping them become profit-making companies through the tech firm's information technology infrastructure and global network. The programme includes various ed...
Google invests $88 mn in South Korean startup incubation programme
Google invests $88 mn in South Korean startup incubation programme
Source: IANS
18/08/2023 2:25:55 PM
Abu Dhabi`s TAQA evaluating upto $2.5 billion investment in Adani`s power business - ET Abu Dhabi National Energy Company PJSC is evaluating an investment of up to $2.5 billion in the power businesses of Indian billionaire Gautam Adani, reported ET on Friday citing sources.
Abu Dhabi`s TAQA evaluating upto $2.5 billion investment in Adani`s power business - ET
Abu Dhabi`s TAQA evaluating upto $2.5 billion investment in Adani`s power business - ET
Source: Reuters
18/08/2023 9:06:31 AM
Lenovo misses profit estimates, company to invest additional $1 bn in AI Chinese PC major Lenovo Group on Thursday reported revenue of $12.9 billion and net income of $191 million for the June quarter which did not meet analysts’ estimates. Revenue from the non-PC businesses accounted for 41 per cent of the company’s revenue, with the service-led business achieving strong growth and sustained profitability. Lenovo was the top vendor in the global PC market with 23.1 per cent market share in the June quarter though its shipments nosedived by 18.4 ...
Lenovo misses profit estimates, company to invest additional $1 bn in AI
Lenovo misses profit estimates, company to invest additional $1 bn in AI
Source: IANS
17/08/2023 4:43:37 PM
Infosys inks 5-year, 1.5bn euros deal with Liberty Global Software major Infosys Ltd on Tuesday said it has entered a five-year contract worth about 1.5 billion euros with the UK-based Liberty Global plc.  In a regulatory filing, Infosys said the contract has an option to extend to eight years and when extended the total order value will be 2.3 billion euros.  The collaboration allows Liberty Global to realise run-rate savings in excess of 100 million euros per annum, inclusive of other savings and technology investments, Infosys sai...
Infosys inks 5-year, 1.5bn euros deal with Liberty Global
Infosys inks 5-year, 1.5bn euros deal with Liberty Global
Source: IANS
16/08/2023 9:15:51 AM
Trading Without Limits: Your Essential Beginner`s Guide to Zero-Brokerage Introduction: If you're a beginner looking to step into the world of trading, you might have heard about the game-changing concept of zero-brokerage. In the traditional brokerage system, investors had to bear significant costs for every trade they executed. However, the idea of trading without incurring any commission fees has been made possible by platforms like Shoonya by Finvasia, Zerodha, Upstox, Angel One, and Groww. These emerging players have disrupted trading by eliminating bro...
Trading Without Limits: Your Essential Beginner`s Guide to Zero-Brokerage
Trading Without Limits: Your Essential Beginner`s Guide to Zero-Brokerage
Source: PR Agency
11/08/2023 5:40:47 PM
Godrej Consumer Products to invest Rs 515 cr for new plant in Tamil Nadu Fast moving consumer goods company Godrej Consumer Products Ltd said it will set up a factory at an investment of Rs 515 crore in Tamil Nadu over the next five years. A Memorandum of Understanding (MoU) was signed between the company and the state government in this connection. The plant that will be set up in Thiruporur Taluk in Chengalpattu district will make products like soap, hair colours, mosquito repellants. Commenting on the investment, Nisaba Godrej, Executive Chairperson, G...
Godrej Consumer Products to invest Rs 515 cr for new plant in Tamil Nadu
Godrej Consumer Products to invest Rs 515 cr for new plant in Tamil Nadu
Source: IANS
10/08/2023 4:59:41 PM
SoftBank reports unexpected loss of $3.3 bn in Q1 Japanese investment giant SoftBank on Tuesday reported an unexpected loss of 477,616 billion yen ($3.3 billion) in the first quarter (Q1) covering April-June, despite an investment gain from its massive tech-focused Vision Fund. The Vision Fund investment unit, through which SoftBank invests in high-growth technology companies, reported a profit of $1.1 billion in the June quarter, reports CNBC. The company, which has been reducing its stake in Alibaba in order to recoup losses from las...
SoftBank reports unexpected loss of $3.3 bn in Q1
SoftBank reports unexpected loss of $3.3 bn in Q1
Source: IANS
8/08/2023 2:42:24 PM
Tata Investment Corporation gains on reporting 65% rise in Q1 consolidated net profit Tata Investment Corporation gains on reporting 65% rise in Q1 consolidated net profit Aug-07-2023   10:23 Hrs IST Tata Investment Corporation is currently trading at Rs. 2555.55, up by 49.70 points or 1.98% from its previous closing of Rs. 2505.85 on the BSE. The scrip opened at Rs. 2590.10 and has touched a high and low of Rs. 2595.55 and Rs. 2533.15 respectively. So far 5819 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has tou...
Tata Investment Corporation gains on reporting 65% rise in Q1 consolidated net profit
Tata Investment Corporation gains on reporting 65% rise in Q1 consolidated net profit
Source: Accord Fintech
7/08/2023 10:33:32 AM
Investments in country rose by 65% between 2014-15 and 2022-23 Investments in the country have risen by 65 per cent between 2014-15 and 2022-23, from Rs 32,78,096 crore to Rs 54, 34,691 crore. The government and private sector together invest in the economy, which is indicated by Gross Fixed Capital Formation (GFCF) in the Indian economy.   This GFCF was Rs 32.78 lakh crore (constant 2011-12 prices) in 2014-15, which rose by 65 per cent to Rs  54.35 lakh crore in 2022-23 (as per provisional estimates).    To spur inv...
Investments in country rose by 65% between 2014-15 and 2022-23
Investments in country rose by 65% between 2014-15 and 2022-23
Source: IANS
6/08/2023 11:51:43 AM
Billionaire Jack Ma invests in fishery & agriculture startup Chinese billionaire and Alibaba founder Jack Ma has invested in a fishery and agriculture startup in China, the media reported on Tuesday. The startup, called “1.8 Meters Marine Technology (Zhejiang) Co” has been incorporated in Hangzhou, capital of Zhejiang province, with a registered capital of 110 million yuan ($15 million), reports South China Morning Post, citing corporate registry data provider Tianyancha. The startup caters to processing, wholesale and retail sales of...
Billionaire Jack Ma invests in fishery & agriculture startup
Billionaire Jack Ma invests in fishery & agriculture startup
Source: IANS
1/08/2023 5:29:28 PM
Indian Real Estate Sector Received Institutional Investments Worth USD 1.6 Bn in Q2 2023, Led by Commercial Assets and Foreign Investors. Vestian, a commercial real estate consultant based in Bengaluru, has published its investment report “Institutional Investment in Indian Real Estate Q2 2023”. The report states that the Indian real estate sector has demonstrated remarkable resilience in the face of market uncertainty, witnessing a surge in institutional investments during the second quarter of 2023. As per Vestian Research, institutional investments reached USD 1.6 Bn during Q2 2023, marking a substantial 33.3%...
Indian Real Estate Sector Received Institutional Investments Worth USD 1.6 Bn in Q2 2023, Led by Commercial Assets and Foreign Investors.
Indian Real Estate Sector Received Institutional Investments Worth USD 1.6 Bn in Q2 2023, Led by Commercial Assets and Foreign Investors.
Source: PR Agency
1/08/2023 2:52:32 PM
Foxconn EV venture targets India, Thailand for new small car Foxconn's venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit's chief executive said. The Taiwanese company's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000 and tailor-made for a corporate delivery fleet, MIH CEO Jack Cheng told Reuters in an inter...
Foxconn EV venture targets India, Thailand for new small car
Foxconn EV venture targets India, Thailand for new small car
Source: Reuters
1/08/2023 11:09:59 AM
Shoppers Stop rises on getting nod to make investment in Pahadi Goodness Shoppers Stop is currently trading at Rs. 803.50, up by 6.00 points or 0.75% from its previous closing of Rs. 797.50 on the BSE. The scrip opened at Rs. 802.95 and has touched a high and low of Rs. 825.00 and Rs. 802.00 respectively. So far 3462 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 829.70 on 10-Jul-2023 and a 52 week low of Rs. 574.30 on 04-Aug-2022. Last one week high and low of the scrip stood at Rs...
Shoppers Stop rises on getting nod to make investment in Pahadi Goodness
Shoppers Stop rises on getting nod to make investment in Pahadi Goodness
Source: Accord Fintech
1/08/2023 10:45:26 AM
Foxconn to set up mobile component facility in Tamil Nadu investing Rs 1,600cr Taiwanese electronics major Hon Hai Technology Group or Foxconn will be setting up a mobile phone component manufacturing facility in Tamil Nadu's Kancheepuram district at an outlay of Rs 1,600 crore. An agreement to this effect was signed between Foxconn and Tamil Nadu government's Guidance Bureau in the presence of Chief Minister M.K. Stalin.  The Foxconn team led by the Group Chairman Young Liu had met Stalin here.  "Was delighted to meet the Foxconn Group C...
Foxconn to set up mobile component facility in Tamil Nadu investing Rs 1,600cr
Foxconn to set up mobile component facility in Tamil Nadu investing Rs 1,600cr
Source: IANS
1/08/2023 9:43:08 AM
Buoyancy in markets fulled by sustained FPI investments Markets have been on a roll over the last four months since they made a bottom in the second fortnight of March 23. In the process, markets have hit their lifetime highs and are now looking to cross Mount 20K on the Nifty. Readers would recall that the level of 20K was missed by 8 points on July 20. Results season for the first quarter of FY 23-24 are currently on and the scorecard is not all that positive. Results have been a mixed bag. The buoyancy in the markets is spearheaded by FPI...
Buoyancy in markets fulled by sustained FPI investments
Buoyancy in markets fulled by sustained FPI investments
Source: IANS
30/07/2023 10:44:15 AM
Silicon Power to invest $121.7 million for silicon carbide plant in India's Odisha state U.S.-based Silicon Power Group will invest 10 billion rupees ($121.73 million) to set up a facility in India's Odisha state to make 150 millimetre silicon carbide, a semiconductor component, the state's chief minister's office said late Thursday. The investment will be made by the group's Indian unit, RiR Power Electronics, and the company has committed to start operations in the next 18 to 24 monthe chief minister's office said in a statement. Silicon carbide is a c...
Silicon Power to invest $121.7 million for silicon carbide plant in India's Odisha state
Silicon Power to invest $121.7 million for silicon carbide plant in India's Odisha state
Source: Reuters
28/07/2023 9:49:47 AM
Personal consumption, residential investments would grow slowly in FY24 The entire theme of financialiaation of household savings has fallen flat on its face, with its share declining to as low as 32 per cent of total household savings last year, marking the lowest in more than the past three decades, Motilal Oswal Financial Services said in a report. Household NFS had fallen to a three-decade low of 6 per cent of the GDP in FY23E, almost half of the peak in FY21 and down from 7.5-8.0 per cent of the GDP in the pre-Covid period. Due to weak income growth an...
Personal consumption, residential investments would grow slowly in FY24
Personal consumption, residential investments would grow slowly in FY24
Source: IANS
25/07/2023 1:43:01 PM
RILpartners with Brookfield Infra, Digital Realty for India data centre business   Reliance Industries Limited (RIL) on Monday announced entering into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian SPVs set up for developing data centres in the country. RIL will hold 33.33 per cent stake in each of the Indian SPVs and become an equal partner. Digital Realty Trust is the largest provider of Cloud and carrier-neutral data centre, co-location and interconnection solutions globally with 300+ data centres across 27 c...
RILpartners with Brookfield Infra, Digital Realty for India data centre business
RILpartners with Brookfield Infra, Digital Realty for India data centre business
Source: IANS
25/07/2023 9:37:48 AM
Tesla to discuss factory plan for new $24,000 car with India commerce minister Tesla representatives are set to meet India’s commerce minister this month to discuss plans to build a factory to produce what the company has described as an all-new $24,000 car, a person with direct knowledge of the matter told Reuters. Tesla has expressed an interest in building a factory in India that would produce low-cost electric vehicles (EVs) for the local market and for export, the person said, adding that the company had indicated that it would be for the new vehicle. T...
Tesla to discuss factory plan for new $24,000 car with India commerce minister
Tesla to discuss factory plan for new $24,000 car with India commerce minister
Source: Reuters
24/07/2023 6:19:04 PM
Japan keen to make investments worth 5 trillion yen in India: Union minister Jyotiraditya Scindia Union Minister Jyotiraditya Scindia has said that Japan is keen to make investments of around 5 trillion Japanese yen in India across various sectors including steel. The steel minister made the remarks after a meeting with a Japanese delegation led by NISHIMURA Yasutoshi, Minister of Economy, Trade and Industry of Japan, in the national capital. Scindia  stated ‘We had a very detailed discussion...about the common strategies that we can develop in terms of the path forward, exc...
Japan keen to make investments worth 5 trillion yen in India: Union minister Jyotiraditya Scindia
Japan keen to make investments worth 5 trillion yen in India: Union minister Jyotiraditya Scindia
Source: Accord Fintech
21/07/2023 10:17:50 AM
ABB seeing some customers shift investments away from China ABB is seeing some customers shifting investments from China to India and other parts of Asia due to geopolitical tensions, the industrial and engineering group's Chief Executive Bjorn Rosengren said on Thursday. The maker of factory robots and automation systems reported a 9% drop in new orders from China - ABB's second biggest market - during the three months to the end of June. The downturn was compensated by growth in other parts of Asia, with India increasing new orders by ...
ABB seeing some customers shift investments away from China
ABB seeing some customers shift investments away from China
Source: Reuters
20/07/2023 3:23:49 PM
IT spending in India to hit $112 bn, CIOs to invest more in productivity The IT spending in India is projected to reach $112.2 billion this year, slightly higher than last quarter’s update, a report showed on Wednesday. Despite being cautious, Indian chief information officers (CIOs) will continue to invest in improving employee productivity and customer experience (CX), leading to a 14.6 per cent annual growth in enterprise software spending, according to Gartner.  Talent shortages remain a perennial concern that is projected to drive an 8 per ce...
IT spending in India to hit $112 bn, CIOs to invest more in productivity
IT spending in India to hit $112 bn, CIOs to invest more in productivity
Source: IANS
19/07/2023 5:46:58 PM
Sayaji Industries shines on making investment in subsidiary Sayaji Industries is currently trading at Rs. 183.75, up by 5.65 points or 3.17% from its previous closing of Rs. 178.10 on the BSE. The scrip opened at Rs. 178.45 and has touched a high and low of Rs. 183.75 and Rs. 178.45 respectively. So far 86 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 231.90 on 27-Sep-2022 and a 52 week low of Rs. 140.00 on 28-Mar-2023. Last one week high and low of the scrip stood at ...
Sayaji Industries shines on making investment in subsidiary
Sayaji Industries shines on making investment in subsidiary
Source: Accord Fintech
19/07/2023 2:47:55 PM
Liquidity surge can keep valuations elevated for an extended period A lesson from market history is that liquidity surge can keep the valuations elevated for an extended period of time, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Investors should remember the fact that from the short term perspective valuations are stretched, he said. Stock markets often surprise, both on the upside and downside. A month ago Nifty crossing 19,500 appeared a tall task since the US Federal Reserve continued to be hawkish, US bond yi...
Liquidity surge can keep valuations elevated for an extended period
Liquidity surge can keep valuations elevated for an extended period
Source: IANS
17/07/2023 12:10:33 PM
Indian online skill gamings stakeholders come together to save industry: 1m Indian jobs, 400m Indian users, $2.5b investments More than 120 CEOs/founders of online skill gaming companies and game developers along with all the industry bodies have written to the PMO and relevant ministries in the interest of protecting the online skill gaming industry. On Tuesday, the GST Council announced to impose a 28 per cent tax on online gaming at the full-face value, shocking the industry and leaving them in significant distress. Currently, the industry is paying 18 per cent GST on GGR/ Platform Fee. The letter highlight...
Indian online skill gamings stakeholders come together to save industry: 1m Indian jobs, 400m Indian users, $2.5b investments
Indian online skill gamings stakeholders come together to save industry: 1m Indian jobs, 400m Indian users, $2.5b investments
Source: IANS
15/07/2023 12:52:13 PM
Tesla in talks with India to set up factory with up to 500,000 annual capacity Tesla has started discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles, the Times of India reported on Thursday. The prices for the electric vehicles would start from 2 million rupees ($24,400.66), the report added. Tesla did not immediately respond to Reuters' request for comment. The billionaire Elon Musk-led company is also looking at using India as an export ba...
Tesla in talks with India to set up factory with up to 500,000 annual capacity
Tesla in talks with India to set up factory with up to 500,000 annual capacity
Source: Reuters
13/07/2023 10:34:46 AM
Signs of overheating in small cap stocks There are signs of overheating in the small-cap space. Some leading mutual funds in the small-cap segment have stopped fresh lump sum investment in their schemes, says V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "This is an indication of froth building in this space. Investors should exercise caution chasing small-cap stocks. Liquidity can drive markets higher. So it makes sense to remain invested in this market. But optimism has to be tempered with so...
Signs of overheating in small cap stocks
Signs of overheating in small cap stocks
Source: IANS
12/07/2023 12:52:17 PM
Wipro inches up on launching Wipro ai360 Wipro is currently trading at Rs. 392.60, up by 0.20 points or 0.05% from its previous closing of Rs. 392.40 on the BSE. The scrip opened at Rs. 394.40 and has touched a high and low of Rs. 394.40 and Rs. 391.30 respectively. So far 76344 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 444.65 on 17-Aug-2022 and a 52 week low of Rs. 351.85 on 17-Apr-2023. Last one week high and low of the scrip stood at Rs. 397.3...
Wipro inches up on launching Wipro ai360
Wipro inches up on launching Wipro ai360
Source: Reuters
12/07/2023 9:44:04 AM
India sees slower pace of new investment projects The moderation in the pace of new investments suggests that the capex cycle is not yet on a durable, self-sustaining path, foreign brokerage, Nomura said in a report. Quarterly fluctuations aside, the size of new investment projects announced remains low by historical standards, it said. The latest data from the Centre for Monitoring the Indian Economy (CMIE) showed a slowdown in the pace of new investment projects announced in Q2 2023 to Rs 6 trillion from Rs 12.2 trillion in Q1, but u...
India sees slower pace of new investment projects
India sees slower pace of new investment projects
Source: IANS
7/07/2023 12:36:33 PM
Gallantt Ispat surges on investing around Rs 300 crore in Pellet Plant unit Gallantt Ispat is currently trading at Rs. 70.10, up by 2.25 points or 3.32% from its previous closing of Rs. 67.85 on the BSE. The scrip opened at Rs. 66.50 and has touched a high and low of Rs. 72.00 and Rs. 66.50 respectively. So far 30136 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.60 on 29-Jul-2022 and a 52 week low of Rs. 46.00 on 23-May-2023. Last one week high and low of the scrip stood at Rs. 72...
Gallantt Ispat surges on investing around Rs 300 crore in Pellet Plant unit
Gallantt Ispat surges on investing around Rs 300 crore in Pellet Plant unit
Source: Accord Fintech
7/07/2023 11:06:05 AM
Foreign investors seem way more allocated to private equity markets over public markets Over the last 20 years, ending December 2022, India received foreign inflows of over $400 billion in private markets (private equity, venture capital, infrastructure, real estate). The cumulative net investments in public markets (public equity and fixed income) for the same period is about $250 billion, said Arvind Chari, CIO, Quantum Advisors. Private market is an important investment destination. Foreign investor seem way more allocated to private markets over public markets, Chari s...
Foreign investors seem way more allocated to private equity markets over public markets
Foreign investors seem way more allocated to private equity markets over public markets
Source: IANS
4/07/2023 4:54:53 PM
'INDIA to TINA' - Is the Over-allocation to Private Assets justified? Over the last 20 years, ending December 2022, India has received foreign inflows of over USD 400 billion in Private markets (Private Equity (PE), Venture Capital (VC), Infrastructure (IR), Real Estate (RE). The cumulative net investments in Public Markets (Public Equity and Fixed Income) for the same period is about USD 250 billion. We know the market value of the public investments to be around ~USD 650 billion as we have updated mark-to-market valuation. We can only speculate the market ...
'INDIA to TINA' - Is the Over-allocation to Private Assets justified?
'INDIA to TINA' - Is the Over-allocation to Private Assets justified?
Source: PR Agency
4/07/2023 3:55:49 PM
Varanium Capital`s Rs 250 cr fund to empower 100 startups in India Global asset management firm Varanium Capital on Tuesday announced the first close of its maiden venture debt fund worth Rs 250 crore. The fund would provide financing to 100 early and growth-stage startups in India through a mix of revenue-based financing and traditional venture debt. Varanium Capital manages nearly $1 billion of assets across the asset classes including structured debt, portfolio management services (PMS), and venture capital fund. “Venture debt fund will pro...
Varanium Capital`s Rs 250 cr fund to empower 100 startups in India
Varanium Capital`s Rs 250 cr fund to empower 100 startups in India
Source: IANS
4/07/2023 11:33:31 AM
A91 Partners invests $30 mn in digital transformation provider KaarTech  Leading investment firm A91 Partners has invested $30 million in digital transformation consulting company KaarTech, it said on Monday. Founded in 2006 and headquartered in Chennai, KaarTech specialises in SAP and S/4 HANA implementation. Gautam Mago and Kaushik Anand from A91 Partners will join the board of KaarTech.  “The partnership with A91 will catapult KaarTech into an unprecedented era of expansion, propelling us towards our aspiration of going public, despite...
A91 Partners invests $30 mn in digital transformation provider KaarTech
A91 Partners invests $30 mn in digital transformation provider KaarTech
Source: IANS
3/07/2023 12:03:43 PM
360 One enters into strategic partership with NeoLiv with Minority entity level investment amidst NeoLiv`s planned AIF Fund raise of US$ 150 Mn 360 ONE today announced a strategic equity investment in NEOLIV- India’s Foremost Residential Platform.   NEOLIV has been founded by Mohit Malhotra, former MD, and CEO of Godrej Properties. NEOLIV focusses on durable middle- income housing in the Delhi NCR and Mumbai MMR markets, targeting healthy returns with measured equity risk. The residential real estate sector in India has been plagued with distrust & conflict driven relationship between developer and customer. The...
360 One enters into strategic partership with NeoLiv with Minority entity level investment amidst NeoLiv`s planned AIF Fund raise of US$ 150 Mn
360 One enters into strategic partership with NeoLiv with Minority entity level investment amidst NeoLiv`s planned AIF Fund raise of US$ 150 Mn
Source: PR Agency
30/06/2023 4:45:34 PM
Quote on Long term & short term investment strategy on account of Markets at record high from Dr. V K Vijayakumar Geojit Financial Services. Below the quote on the long term & short term investment strategy on account of Markets at record high from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.   Investors should remain invested in the market. Long-term investors can continue with their systematic investments. Since valuations are rich from the short-term perspective some profit booking can be considered by investors who do not have a long-term time horizon. High quality f...
Quote on Long term & short term investment strategy on account of Markets at record high from Dr. V K Vijayakumar Geojit Financial Services.
Quote on Long term & short term investment strategy on account of Markets at record high from Dr. V K Vijayakumar Geojit Financial Services.
Source: Geojit Financial Services Ltd
30/06/2023 12:18:47 PM
AlphaGrep, a quantitative trading firm, appoints Bhautik Ambani as CEO of its domestic investment management arm Alphagrep – a quantitative trading and investment management firm – has announced the appointment of a seasoned leader, Bhautik Ambani, as the Chief Executive Officer of AlphaGrep's Investment Management unit in India. At AlphaGrep, Bhautik will be responsible for driving business growth, strengthening and expanding the firm’s domestic presence, and enhancing customer experience. Under his leadership, the company has launched AlphaGrep’s maiden AlphaMine ...
AlphaGrep, a quantitative trading firm, appoints Bhautik Ambani as CEO of its domestic investment management arm
AlphaGrep, a quantitative trading firm, appoints Bhautik Ambani as CEO of its domestic investment management arm
Source: PR Agency
27/06/2023 2:46:42 PM
Lulu Group plans to invest Rs.3,500 cr in Telangana UAE-based retailer Lulu Group, which is all set to enter Telangana with its first Lulu Mall and Hypermarket, plans to invest Rs.3,500 crore in the state over the next five years. Lulu group Chairman Yusuff Ali told a news conference here on Monday that Lulu Mall and Hypermarket in Hyderabad is likely to be inaugurated in August. He said that the first project in Hyderabad is part of Rs. 500 crore investment that Lulu committed to the state. With an investment of Rs 300 crore, the 5 l...
Lulu Group plans to invest Rs.3,500 cr in Telangana
Lulu Group plans to invest Rs.3,500 cr in Telangana
Source: IANS
26/06/2023 1:57:35 PM
Bitter Reality: India Inc`s neglect of succession planning In the realm of Indian corporates, where professionalism and credibility are often touted, there exists a disheartening truth: the alarming failure of succession planning. Behind the carefully crafted facade of competence lies a stark reality of nepotism, hindering the progress and growth of the very organisations that claim to be leaders. This lack of foresight and resistance to relinquish power paints a grim picture of corporate leadership in our country. It is an unfortunate reality tha...
Bitter Reality: India Inc`s neglect of succession planning
Bitter Reality: India Inc`s neglect of succession planning
Source: IANS
25/06/2023 3:13:32 PM
Micron to set up $2.75 bn semiconductor facility in India Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in Washington DC during his state visit to the US. Micron's investment will be up to $825 million over the two phases of the project and will create up to 5,000 new direct Micron jobs and 15,000 community jobs over the next several years. Under the gove...
Micron to set up $2.75 bn semiconductor facility in India
Micron to set up $2.75 bn semiconductor facility in India
Source: IANS
23/06/2023 12:30:17 PM
Annual clean energy investments will need to more than triple from $770 bn: Report Annual clean energy investments in emerging and developing economies will need to more than triple from $770 billion in 2022 to as much as $2.8 trillion by the early 2030s to meet rising energy needs and align with the climate goals set out in the Paris Agreement, a new report released by the International Energy Agency (IEA) and International Finance Corporation (IFC) said on Wednesday. The report, Scaling Up Private Finance for Clean Energy in Emerging and Developing Economies, shows tha...
Annual clean energy investments will need to more than triple from $770 bn: Report
Annual clean energy investments will need to more than triple from $770 bn: Report
Source: IANS
21/06/2023 11:20:11 AM