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Indian Oil Corp to invest 610 billion rupees in naphtha cracker project in Odisha state Indian Oil Corporation will invest 610 billion rupees ($7 billion) to establish a naphtha cracker project in Paradip in the eastern state of Odisha, the state government said on Tuesday. India's top refiner is expected to sign an initial agreement with the state government in January, the Odisha chief minister's office said in a statement. IOC operates a refinery in Paradip with a capacity of 300,000 barrels per day.
Indian Oil Corp to invest 610 billion rupees in naphtha cracker project in Odisha state
Indian Oil Corp to invest 610 billion rupees in naphtha cracker project in Odisha state
Source: Reuters
2024-12-24 05:47:09 pm
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore The two-day Bihar Business Connect 2024 witnessed the signing of memoranda of understanding (MoUs) for investments to the tune of Rs 1.8 lakh crore in the state by leading industrial groups of the country, Bihar Industries & Tourism Minister Nitish Mishra said on Friday. The proposed investments represent a three-fold jump over the corresponding figure for the maiden investor summit held in Bihar last year. The Adani Group which has emerged as the largest investor in the state unvei...
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore
Source: IANS
2024-12-21 09:07:31 am
Urban sector investments in India surge 16-fold: Centre The investments in the urban sector in India have increased 16-fold as the government aims to achieve the 'Viksit Bharat' goal by 2047, the Ministry of Housing and Urban Affairs said on Friday.   Under the Smart Cities Mission (SCM), work orders have been issued in 8,066 projects amounting to Rs 1,64,669 crore, of which 7,352 projects (91 per cent of total projects) amounting to Rs 1,47,366 crore have been completed, as per the data provided by 100 Smart Cities. Under the &...
Urban sector investments in India surge 16-fold: Centre
Urban sector investments in India surge 16-fold: Centre
Source: IANS
2024-12-21 08:41:42 am
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs  Pranav Adani, Managing Director, Agro, Oil and Gas and Director of Adani Enterprises, on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating as many as 53,500 jobs in the state.  Addressing the ‘Bihar Business Connect’ summit here, Pranav Adani said that “there can be no better validation” of the Adani Group’s belief in the leadership of state Chief Minister Nitish Kumar “than the humble fact tha...
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Source: IANS
2024-12-20 02:15:06 pm
India`s renewable energy projects record 63 per cent jump in investment Project finance flowing into renewable energy projects recorded a 63 per cent jump in 2023 compared to 2022 levels, to scale the Rs 30,255 crore ($3.66 billion) mark, according to a report by the Centre for Financial Accountability.    The report, titled 'Coal vs RE Investment in 2024' states that while there was an increase in project finance lending to renewable energy projects, there was no project finance lending to new coal power projects for the third consecutive ye...
India`s renewable energy projects record 63 per cent jump in investment
India`s renewable energy projects record 63 per cent jump in investment
Source: IANS
2024-12-20 01:57:08 pm
PE investments in Indian real estate sector surge over 30 pc in 2024 Private equity (PE) investments in the Indian real estate sector reached $4.2 billion in 2024, marking a 32 per cent year-on-year (YoY) growth amid high demand in the warehousing segment, according to a report on Thursday.  Knight Frank India, an international property consultancy firm, said in a report that the warehousing sector is leading the sector, which accounts for 45 per cent of total investments, followed by the residential sector at 28 per cent and the office sector at 26 pe...
PE investments in Indian real estate sector surge over 30 pc in 2024
PE investments in Indian real estate sector surge over 30 pc in 2024
Source: IANS
2024-12-19 01:59:16 pm
91 pc of Smart Cities projects completed, Rs 1.47 lakh crore invested: Centre  With 100 cities leading the initiative, the Smart Cities Mission (SCM) has completed 7,380 out of 8,075 projects, with an investment of Rs 1,47,704 crore, the government said on Wednesday.  As of December 13, 91 per cent of the total projects have been successfully completed, reflecting significant progress in reshaping urban landscapes across India, said the Ministry of Housing and Urban Affairs in a statement. Launched on June 25, 2015 by Prime Minister Narendra Modi, the &...
91 pc of Smart Cities projects completed, Rs 1.47 lakh crore invested: Centre
91 pc of Smart Cities projects completed, Rs 1.47 lakh crore invested: Centre
Source: IANS
2024-12-19 09:06:23 am
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs The Centre’s Production Linked Incentive (PLI) scheme has succeeded in attracting an investment of Rs 1.46 lakh crore in the manufacturing sector and has created over 9.5 lakh jobs, Commerce and Industry Minister Piyush Goyal informed the Lok Sabha. As of date, 764 applications have been approved under PLI schemes across 14 sectors, the minister said in a written reply in the Lower House. "As of August 2024, across 14 sectors, investment of Rs 1.46 lakh crore have been realis...
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
Source: IANS
2024-12-18 02:28:17 pm
Alkem Laboratories climbs as the company to make equity investment in Sunsure Solarpark Alkem Laboratories is currently trading at Rs. 5509.30, up by 120.85 points or 2.24% from its previous closing of Rs. 5388.45 on the BSE. The scrip opened at Rs. 5388.45 and has touched a high and low of Rs. 5538.00 and Rs. 5388.45 respectively. So far 3549 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6440.00 on 17-Sep-2024 and a 52 week low of Rs. 4409.90 on 04-Jun-2024. Last one week high and low of the scr...
Alkem Laboratories climbs as the company to make equity investment in Sunsure Solarpark
Alkem Laboratories climbs as the company to make equity investment in Sunsure Solarpark
Source: Accord Fintech
2024-12-18 12:22:01 pm
Real estate investments in India reach historic high at $8.9 billion in 2024: JLL  Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a report showed on Wednesday.  This represents a substantial 51 per cent increase (to date) from the previous year's $5.8 billion. Also, deal activity intensified, and the year saw an increase in the number of deals by 47 per cent, according to th...
Real estate investments in India reach historic high at $8.9 billion in 2024: JLL
Real estate investments in India reach historic high at $8.9 billion in 2024: JLL
Source: IANS
2024-12-18 12:05:59 pm
StoxBox Identifies 2025's Most Promising Sectors for Investment As 2025 approaches, the investment landscape is brimming with opportunities across sectors, shaped by a mix of emerging trends and market recalibrations. StoxBox, a leading advisory platform, delves into the industries poised for substantial growth in the coming year, offering strategic insights for investors, businesses, and policymakers. 1) Banking - The banking sector, despite facing challenges in 2024, is shifting its focus to asset quality in 2025. As credit growth stabilizes, the ...
StoxBox Identifies 2025's Most Promising Sectors for Investment
StoxBox Identifies 2025's Most Promising Sectors for Investment
Source: PR Agency
2024-12-17 11:44:10 am
Bharat Forge rises on getting nod for additional investment in Kalyani Powertrain Bharat Forge is currently trading at Rs. 1367.50, up by 19.90 points or 1.48% from its previous closing of Rs. 1347.60 on the BSE. The scrip opened at Rs. 1349.20 and has touched a high and low of Rs. 1372.00 and Rs. 1349.20 respectively. So far 3546 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1826.20 on 21-Jun-2024 and a 52 week low of Rs. 1063.40 on 13-Feb-2024. Last one week high and low of the scrip stoo...
Bharat Forge rises on getting nod for additional investment in Kalyani Powertrain
Bharat Forge rises on getting nod for additional investment in Kalyani Powertrain
Source: Accord Fintech
2024-12-16 10:43:13 am
VP Dhankhar urges corporates to invest in education  A leader is one who doesn't think of the moment, he thinks of the future, said Vice President Jagdeep Dhankhar on Sunday, urging corporates to invest in education. Speaking at the Jiwaji University, Gwalior, Dhankhar hailed Maharaja Shrimant Jiwajirao Scindia’s vision for education and said, “The Late Maharaja, with extraordinary energy and unwavering commitment, embodied the spirit of service and nation-building. He lost no time in nurturing nationalism and allowing ...
VP Dhankhar urges corporates to invest in education
VP Dhankhar urges corporates to invest in education
Source: IANS
2024-12-15 05:11:39 pm
$60 billion investment flowed into India`s Data Centre market in last 6 years India’s burgeoning Data Centre market has attracted USD 60 billion from both domestic and international investors between 2019-2024 and given the current growth curve is expected to surpass USD 100 billion in cumulative investment commitments by the end of 2027, according to the latest report by real estate consultant CBRE South Asia.  Mumbai continues to dominate data centre stock, followed by Chennai, Delhi-NCR and Bengaluru, accounting for 90 per cent of the country’s t...
$60 billion investment flowed into India`s Data Centre market in last 6 years
$60 billion investment flowed into India`s Data Centre market in last 6 years
Source: IANS
2024-12-12 11:55:24 am
$2.2 trillion in infra investment to help India become $7 trillion economy by 2030  An estimated investment of $2.2 trillion into infrastructure development is imperative to support India’s GDP size to expand to $7 trillion by 2030, according to a report on Thursday.  To achieve an economic size of $7 trillion, India’s economy is required to grow at a CAGR of 10.1 per cent between 2024-2030, according to the report by Knight Frank India. The investment opportunity for private participation in infrastructure development in India ranges between $10...
$2.2 trillion in infra investment to help India become $7 trillion economy by 2030
$2.2 trillion in infra investment to help India become $7 trillion economy by 2030
Source: IANS
2024-12-12 11:50:19 am
Telecom PLI sees Rs 3,998 crore worth actual investment: Centre The production-linked incentive (PLI) scheme for telecom and networking products has witnessed Rs 3,998 crore worth actual investment (against Rs 4,014 crore as committed investment) by micro, small and medium enterprises (MSMEs) and non-MSMEs, the Parliament was informed on Wednesday.  Minister of State for Communications and Rural Development, Dr Chandra Sekhar Pemmasani, said in a written reply to a question in Lok Sabha that total 42 beneficiaries have been approved under the PLI ...
Telecom PLI sees Rs 3,998 crore worth actual investment: Centre
Telecom PLI sees Rs 3,998 crore worth actual investment: Centre
Source: IANS
2024-12-11 06:01:10 pm
EV, ancillary industries in India can attract $40 billion worth investments in 5-6 years There is a potential $40 billion investment opportunity for the development of electric vehicles (EVs) and ancillary industries in India over the next 5-6 years, a report showed on Wednesday.  About two-thirds of the planned investments can potentially materialise in the lithium-ion battery segment alone, said the report by Colliers, a professional services and investment management company. The deployment of these funds will rely upon successful implementation of government polici...
EV, ancillary industries in India can attract $40 billion worth investments in 5-6 years
EV, ancillary industries in India can attract $40 billion worth investments in 5-6 years
Source: IANS
2024-12-11 10:50:22 am
SIP investments in India above Rs 25,000 crore for 2nd month in a row The inflow into systematic investment plans (SIPs) stood at Rs 25,320 crore in November in the country, almost similar to the October figures (Rs 25,323 crore), according to data from the Association for Mutual Funds in India (AMFI) on Tuesday.  In November, the mutual fund industry's total assets under management (AUM) increased to Rs 68.08 lakh crore in November from Rs 67.25 lakh crore in October, as per the data by the AMFI. In October, the SIP investments crossed Rs 25,000...
SIP investments in India above Rs 25,000 crore for 2nd month in a row
SIP investments in India above Rs 25,000 crore for 2nd month in a row
Source: IANS
2024-12-10 02:12:32 pm
India to invest over Rs 143 lakh crore in urban infra by 2030, land prices to surge Anticipating the growing need for quality urban infrastructure in years to come, India is expected to invest over Rs 143 lakh crore in infrastructure by 2030, a report said on Monday, adding that this will led to further land price appreciation.  Rapid infrastructure development driven by nodal authorities is fuelling the growth of satellite townships across the country, said the Colliers report. Most of this expenditure is to be directed towards urban clusters, driving significant...
India to invest over Rs 143 lakh crore in urban infra by 2030, land prices to surge
India to invest over Rs 143 lakh crore in urban infra by 2030, land prices to surge
Source: IANS
2024-12-09 10:52:36 am
With `Rising Rajasthan`, state eyes investment to emerge as $350 billion economy To realise the vision of making the state a $350 billion economy in the next five years, the three-day 'Rising Rajasthan Global Investment Summit' will be organised from December 9.  Prime Minister Narendra Modi will be the chief guest of the summit and deliver the inaugural address. The event will see industrialists, investors and ambassadors from 32 countries, of which 17 will be "partner countries". Several Union Cabinet and State Cabinet members, more than ...
With `Rising Rajasthan`, state eyes investment to emerge as $350 billion economy
With `Rising Rajasthan`, state eyes investment to emerge as $350 billion economy
Source: IANS
2024-12-08 05:12:33 pm
 Madhya Pradesh received Rs 31,800 cr investment proposals in Narmadapuram RIC: CM Mohan Yadav  Madhya Pradesh Chief Minister Mohan Yadav said on Saturday that the state has received Rs 31, 800 crore in investment proposals during the sixth Regional Industry Conclave (RIC) in Narmadapuram.  "Our government has not only focused on infrastructure but also provided employment to women and youth in Madhya Pradesh. With initiatives across key sectors, we are creating an environment where opportunities thrive, and growth is inclusive," he said. The Chief Minister in...
 Madhya Pradesh received Rs 31,800 cr investment proposals in Narmadapuram RIC: CM Mohan Yadav
 Madhya Pradesh received Rs 31,800 cr investment proposals in Narmadapuram RIC: CM Mohan Yadav
Source: IANS
2024-12-08 09:18:11 am
India, Norway to hold discussions on $100 billion investment opportunity Union Minister of Commerce and Industry, Piyush Goyal, is slated to hold a meeting with a Norwegian industry delegation, led by Norwegian Ambassador May-Elin Stener, here on Sunday, eyeing a $100 billion investment opportunity for both nations.  According to a statement by the Ministry of Commerce and Industry, the key focus of the business roundtable will be on the recent Free Trade Agreement (FTA) between India and the European Free Trade Association (EFTA) countries, which holds im...
India, Norway to hold discussions on $100 billion investment opportunity
India, Norway to hold discussions on $100 billion investment opportunity
Source: IANS
2024-12-08 08:48:02 am
Investment influx from `Rising Rajasthan` to boost revenue, employment: Minister Dilawar Education and Panchayati Raj Minister Madan Dilawar said on Saturday that the investment influx from the 'Rising Rajasthan Global Investment Summit will boost revenue and employment in the state.  Speaking to the media in Jodhpur, he highlighted that the state has seen significant investment from the 'Rising Rajasthan' initiative. He emphasised that such large-scale investments have never been received before. To date, MoUs worth Rs 20 lakh crore have been signed, th...
Investment influx from `Rising Rajasthan` to boost revenue, employment: Minister Dilawar
Investment influx from `Rising Rajasthan` to boost revenue, employment: Minister Dilawar
Source: IANS
2024-12-07 02:40:55 pm
EPFO investment corpus doubles to Rs 24.75 lakh crore in 5 years The total amount in the investment corpus of the Employees’ Provident Fund Organisation (EPFO) more than doubled in the past five years to Rs 24.75 lakh crore in the financial year 2023-2024 from Rs 11.1 lakh crore 2019-20, according to official figures.  EPFO invests funds in accordance with the pattern of investment notified by the Department of Financial Services, Ministry of Finance. These investments have been made in Debt Securities and Exchange-Traded Funds, as per the pr...
EPFO investment corpus doubles to Rs 24.75 lakh crore in 5 years
EPFO investment corpus doubles to Rs 24.75 lakh crore in 5 years
Source: IANS
2024-12-04 02:02:12 pm
In pivot from India, Nepal PM visits China to seek investment Nepal's veteran communist politician K.P. Sharma Oli, returning as prime minister this year for a fourth time, aims to persuade Beijing to give new momentum to planned infrastructure projects during a days-long visit to China. Oli's visit was his first to a foreign country since his July swearing-in, a break from the customary destination of New Delhi, with which Kathmandu has centuries-old ties. He is set to meet Chinese President Xi Jinping and Premier Li Qiang on Tuesday for ...
In pivot from India, Nepal PM visits China to seek investment
In pivot from India, Nepal PM visits China to seek investment
Source: Reuters
2024-12-03 05:42:59 pm
Real Estate Dominates AIF Investments With INR 75,468 Cr in H1 FY25 Over the last decade, Alternative Investment Funds (AIFs) have shown impressive growth in India, with a significant increase in the number of funds available. Out of all sectors, real estate stands out as the leading choice for AIF investments across the country. Latest SEBI data compiled by ANAROCK Research indicates that out of a total of INR 4,49,384 Cr AIF investments made across sectors till H1 FY2025, real estate’s share was the highest at 17% - totalling nearly INR 75,468 Cr. ...
Real Estate Dominates AIF Investments With INR 75,468 Cr in H1 FY25
Real Estate Dominates AIF Investments With INR 75,468 Cr in H1 FY25
Source: PR Agency
2024-12-02 12:39:05 pm
Saudi Arabia signs $9.32 billion investment deals with foreign companies Saudi Arabia on Tuesday signed nine investment deals worth more than 35 billion riyals ($9.32 billion) with foreign companies including India's Vedanta and China's Zijin Group to boost global supply chains, said the Global Supply Chain Resilience Initiative, a government initiative under Saudi Arabia's National Investment Strategy. ($1 = 3.7560 riyals)
Saudi Arabia signs $9.32 billion investment deals with foreign companies
Saudi Arabia signs $9.32 billion investment deals with foreign companies
Source: Reuters
2024-11-26 04:48:05 pm
Centre okays Rs 3,689cr investment for 2 hydro electric projects in Arunachal The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi on Monday approved an investment of Rs 3,689 crore for two hydro electric projects in Shi Yomi district of Arunachal Pradesh both of which are expected to be completed in 50 months.  While an outlay of Rs 1,939 crore has been cleared for the construction of Heo Hydro Electric Project (HEP) an investment of Rs 1,750 crore has been approved for construction of Tato-I Hydro Electric Project (HEP), i...
Centre okays Rs 3,689cr investment for 2 hydro electric projects in Arunachal
Centre okays Rs 3,689cr investment for 2 hydro electric projects in Arunachal
Source: IANS
2024-11-26 09:51:26 am
US chipmaker AMD poised to step up investment in India American chipmaking giant AMD is looking at India not merely as a market but as a development hub with the company's design centre in Bengaluru beginning to make an important contribution to its products.  AMD chief executive officer Lisa Su told media persons that AMD had made a commitment last year to invest $400 million in India over five years to promote R&D, but the target is likely to be reached much sooner at the current rate of investment and innovation. She sai...
US chipmaker AMD poised to step up investment in India
US chipmaker AMD poised to step up investment in India
Source: IANS
2024-11-24 12:09:14 pm
Real Estate and REITs: A Growing Investment Opportunity The real estate market has long been one of the most attractive investment options, offering the potential for capital appreciation, regular income through rentals, and diversification benefits. However, investing directly in real estate often requires substantial capital, making it inaccessible to many. This is where Real Estate Investment Trusts (REITs) have transformed the landscape, providing individual investors with the opportunity to invest in real estate markets without the need to ow...
Real Estate and REITs: A Growing Investment Opportunity
Real Estate and REITs: A Growing Investment Opportunity
Source: IGI Editorial
2024-11-23 05:16:46 pm
India-EFTA trade pact to drive $100 bn investment, boost 99.6 pc of exports The Trade and Economic Partnership Agreement (TEPA) has the potential to boost 99.6 per cent of Indian exports with market access to European Free Trade Association (EFTA) countries and drive $100 billion investment, the government said on Saturday.  This was conveyed during the visit of a delegation led by Sunil Barthwal, Secretary, Department of Commerce to Norway on Friday, aimed at furthering the objectives of TEPA which was signed in March this year. The Commerce Secretary hig...
India-EFTA trade pact to drive $100 bn investment, boost 99.6 pc of exports
India-EFTA trade pact to drive $100 bn investment, boost 99.6 pc of exports
Source: IANS
2024-11-23 12:17:41 pm
Comment on Tata Power`s collaboration for a $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK Below the Comment on Tata Power's collaboration for a  $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK   The MoU signed between the Tata Group and ADB with the backdrop of COP29 represents yet another example of confidence being reposed in  investing in the Indian renewables sector. It is unclear what the nature of support from ADB would be as part of this strategic partnership and whether there would be an ele...
Comment on Tata Power`s collaboration for a $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK
Comment on Tata Power`s collaboration for a $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK
Source: PR Agency
2024-11-22 02:32:30 pm
Global private equity firm TA makes strategic investment in India-based Vee Healthtek Global private equity firm TA Associates on Tuesday announced the completion of a strategic growth investment in Vee Healthtek, a provider of technology-enabled solutions and services for healthcare organisations.  This partnership will enable India and US-based Vee Healthtek to leverage TA’s global resources and extensive experience in the healthcare sector to enhance technology capabilities, expand offerings, and fuel client success, the company said in a statement. Vee Hea...
Global private equity firm TA makes strategic investment in India-based Vee Healthtek
Global private equity firm TA makes strategic investment in India-based Vee Healthtek
Source: IANS
2024-11-19 01:50:59 pm
Kerala targets Rs 1,000 crore investment in Ayurveda sector  Kerala has set a target of attracting investments worth Rs 1,000 crore in the Ayurveda sector before the Invest Kerala Global Summit, which will be held in the port city in February.   Industries Minister P. Rajeev made the announcement at the sectoral meeting on ‘Ayurveda and Pharmaceuticals’, which was organised by the Kerala State Industrial Development Corporation (KSIDC) here as a build-up to next year’s summit. He interacted with Ayurveda entrepreneurs...
Kerala targets Rs 1,000 crore investment in Ayurveda sector
Kerala targets Rs 1,000 crore investment in Ayurveda sector
Source: IANS
2024-11-19 10:54:26 am
Wealth Strategies: Navigating Investment in a Changing Global Economy In a world marked by rapid economic shifts and political uncertainty, wealth management has become more complex than ever. Investors are facing an array of new challenges, ranging from fluctuating global markets to unpredictable geopolitical events. In this environment, strategic thinking and informed decision-making are essential for safeguarding and growing wealth. One of the key pillars of successful wealth management is diversification. A balanced portfolio that spans across different ...
Wealth Strategies: Navigating Investment in a Changing Global Economy
Wealth Strategies: Navigating Investment in a Changing Global Economy
Source: IGI Editorial
2024-11-15 05:56:01 pm
Why Alternative Fixed Income Investments is Trending in the fintech ecosystem in India By Jayaprakash K, Chief Growth Officer, AI Growth Below the Quote on Why Alternative Fixed Income Investments is Trending in the fintech ecosystem in India By Jayaprakash K, Chief Growth Officer, AI Growth   Over the past six months, alternative fixed income investment platforms have reported significant increases in transaction volumes. This surge signals growing understanding and investor confidence in the sector, fuelled by consistent returns, a track record of reliability and the recent industry developments. The industry&rsqu...
Why Alternative Fixed Income Investments is Trending in the fintech ecosystem in India By Jayaprakash K, Chief Growth Officer, AI Growth
Why Alternative Fixed Income Investments is Trending in the fintech ecosystem in India By Jayaprakash K, Chief Growth Officer, AI Growth
Source: AI Growth Limited
2024-11-14 12:29:06 pm
Adani Group pledges $10 billion investment in US energy security, infra projects Gautam Adani, Chairman of the Adani Group, on Wednesday announced that the Group commits a $10 billion investment in US energy security and infrastructure projects, aiming to create up to 15,000 local jobs in the country. In a post on X social media platform, Gautam Adani once again congratulated President-elect Trump, who is set to become America’s 47th President in a most momentous comeback in political history. “As the partnership between India and the United States deepe...
Adani Group pledges $10 billion investment in US energy security, infra projects
Adani Group pledges $10 billion investment in US energy security, infra projects
Source: IANS
2024-11-14 09:17:25 am
RBI eases rules for FPIs to reclassify investments as FDI With an aim to further enhance the ease of doing business in India, the Reserve Bank of India (RBI) has relaxed norms by finalizing an operational framework for reclassification of Foreign Portfolio Investment made by foreign portfolio investors (FPIs) to Foreign Direct Investment (FDI) under Foreign Exchange Management (Non-debt Instruments) Rules, 2019, when they exceed the 10% ownership limit in an Indian company.  Previously, foreign portfolio investors had to either divest their ...
RBI eases rules for FPIs to reclassify investments as FDI
RBI eases rules for FPIs to reclassify investments as FDI
Source: Accord Fintech
2024-11-12 02:35:21 pm
AI spending to grow 1.7 times faster than overall digital tech investments in Asia-Pacific Artificial intelligence (AI) will be a major driver of economic growth in the Asia-Pacific region as AI-related spending is projected to grow 1.7 times faster than overall digital technology investments over the next three years, according to a new report.  This surge is expected to generate a projected $1.6 trillion economic impact by the end of 2027 across Asia-Pacific Japan, according to an IDC report. It mentioned that Asia-Pacific business leaders will demand 80 per cent succe...
AI spending to grow 1.7 times faster than overall digital tech investments in Asia-Pacific
AI spending to grow 1.7 times faster than overall digital tech investments in Asia-Pacific
Source: IANS
2024-11-11 09:58:21 am
Jubilant FoodWorks gains on getting nod to make investments upto Rs 40 crore in JFN Jubilant FoodWorks is currently trading at Rs. 602.30, up by 4.85 points or 0.81% from its previous closing of Rs. 597.45 on the BSE. The scrip opened at Rs. 594.55 and has touched a high and low of Rs. 604.10 and Rs. 594.55 respectively. So far 12453 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 715.15 on 23-Sep-2024 and a 52 week low of Rs. 420.85 on 14-Mar-2024. Last one week high and low of the scrip stood...
Jubilant FoodWorks gains on getting nod to make investments upto Rs 40 crore in JFN
Jubilant FoodWorks gains on getting nod to make investments upto Rs 40 crore in JFN
Source: Accord Fintech
2024-11-08 11:27:21 am
Indonesia seeks 120 million USD in investment by 2025  Indonesia aims to secure an investment of 120 million US dollars by 2025 to bolster its national economy, Minister of Investment Rosan Roeslani said on Monday.  "The investment target for next year is around 120 million dollars for both foreign and domestic investments," Roeslani stated in Jakarta. He emphasised the government's focus on attracting investment, particularly in export-oriented renewable energy. "Indonesia's renewable energy potential is a...
Indonesia seeks 120 million USD in investment by 2025
Indonesia seeks 120 million USD in investment by 2025
Source: IANS
2024-11-05 09:27:16 am
Strong investment, private consumption driving India`s growth: UNCTAD Indian economy is expected to record a growth of 6.8 per cent in 2024 and will clock an expansion of 6.3 per cent next year.  This comes on the back of continued strong public and private investment and consumption as well as rising exports of services, according to the latest UNCTAD (UN Trade and Development) report. Despite the increased exports of services and certain goods, such as chemicals and pharmaceuticals, the structural current account deficit in India will persist, owin...
Strong investment, private consumption driving India`s growth: UNCTAD
Strong investment, private consumption driving India`s growth: UNCTAD
Source: IANS
2024-11-03 01:47:54 pm
India bucks global trend, VC investment remains robust at $3.6 bn in July-Sep India bucked the global trend of decline in VC investment during the third quarter of 2024, with significant raises by consumer-focused businesses, according to a report on Tuesday.  VC investment in India remained solid at $3.6 billion in the quarter, helped by a number of raises by consumer-focused businesses, according to the KPMG Private Enterprise’s Venture Pulse report. The large raises by business-to-consumer (B2C) businesses in India was an incredibly unique trend, th...
India bucks global trend, VC investment remains robust at $3.6 bn in July-Sep
India bucks global trend, VC investment remains robust at $3.6 bn in July-Sep
Source: IANS
2024-10-29 02:24:18 pm
CM N. Chandrababu Naidu discusses investment opportunities with Adani Group Andhra Pradesh Chief Minister N. Chandrababu Naidu met with a delegation from the Adani Group to discuss investment opportunities in the state.  The delegation was led by Rajesh Adani, Managing Director of Adani Exports Ltd and Karan Adani, Managing Director of Adani Ports and SEZ Ltd. CM Naidu posted on ‘X’ that they discussed a range of investment opportunities in Andhra Pradesh. “Their presentation covered projects with the potential to drive comprehensive g...
CM N. Chandrababu Naidu discusses investment opportunities with Adani Group
CM N. Chandrababu Naidu discusses investment opportunities with Adani Group
Source: IANS
2024-10-29 01:48:56 pm
Indonesia opens investment in 60 new oil and gas blocks The Indonesian government announced the opening of investment opportunities for 60 new oil and gas blocks across 14 regions.  Ariana Soemanto, director of upstream oil and gas development at the Ministry of Energy and Mineral Resources, said in a statement on Monday that these blocks are ready for exploration and development over the next four years, reports Xinhua news agency. "Based on 34 joint studies, we have identified 60 oil and gas blocks available for development. We i...
Indonesia opens investment in 60 new oil and gas blocks
Indonesia opens investment in 60 new oil and gas blocks
Source: IANS
2024-10-29 10:05:01 am
We don`t take commissions from our captains; we want to create employment and invest in their success: Aravind Sanka, Co-Founder, Rapido at ABP Network`s The Southern Rising Summit 2024 Dr. Vikram Sampath, Author and Historian (FRHistS), said, “My conscience serves as my sole protective shield, and everything I wrote on Tipu Sultan is based solely on existing documentation, including his own writings.”   25th October 2024, Hyderabad:   "We are one of the largest employers in India, with 20 lakh people earning income through Rapido every month, including 4 lakh in Hyderabad alone.”, Aravind Sanka, Co-Founder, Rapido s...
We don`t take commissions from our captains; we want to create employment and invest in their success: Aravind Sanka, Co-Founder, Rapido at ABP Network`s The Southern Rising Summit 2024
We don`t take commissions from our captains; we want to create employment and invest in their success: Aravind Sanka, Co-Founder, Rapido at ABP Network`s The Southern Rising Summit 2024
Source: PR Agency
2024-10-28 01:51:28 pm
Power Grid surges on getting nod for investment of Rs 284 crore in Rajasthan Transmission System Project Power Grid Corporation Of India is currently trading at Rs. 319.90, up by 3.10 points or 0.98% from its previous closing of Rs. 316.80 on the BSE. The scrip opened at Rs. 316.45 and has touched a high and low of Rs. 320.65 and Rs. 315.50 respectively. So far 42800 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 366.20 on 25-Sep-2024 and a 52 week low of Rs. 196.20 on 26-Oct-2023. Last one week high and low of t...
Power Grid surges on getting nod for investment of Rs 284 crore in Rajasthan Transmission System Project
Power Grid surges on getting nod for investment of Rs 284 crore in Rajasthan Transmission System Project
Source: Accord Fintech
2024-10-24 12:43:41 pm
India to retain investment curbs on border nations India will retain investment curbs on bordering nations, the finance minister said, days after it struck a pact with China on patrols along their disputed Himalayan frontier, with the leaders of both countries expected to meet on Wednesday. The deal paves the way to end a four-year military stand-off and improve political and business ties between the Asian giants, strained since a deadly border clash in 2020 that slowed exchanges of capital, technology and talent. "I cannot blindl...
India to retain investment curbs on border nations
India to retain investment curbs on border nations
Source: Reuters
2024-10-23 10:59:40 am