Global Investment

Global investment firm Carlyle group on Wednesday exited Indegene by divesting its entire 10.2 per cent stake in digital healthcare services for Rs 1,447 crore through open market transactions. According to the bulk deal data available on the NSE, US-based Carlyle group, through its arm CA Dawn Investments, sold more than 2.44 crore shares, amounting to a 10.20 per cent stake in Indegene. The shares were offloaded in the price range of Rs 591.02-591.84 apiece, taking the combined transaction value to Rs 1,447.17 crore. Meanwhile, Premji Invest's affiliate PI Opportunities AIF V, Capital group, Societe Generale, Luxembourg-based Eastbridge Group and Abakkus Asset Manager cumulatively bought 1.06 crore shares or 4.42 per cent stake in Indegene for Rs 627 crore. The shares were picked up in the price range of Rs 591-591.48 apiece, taking the aggregate deal value to Rs 626.85 crore. Details of the other buyers of Indegene's shares could not be ascertained on the National Stock Exchang

Kim says that even as short-term investor interest has shifted towards AI and tech stocks in the US and China, India remains an attractive long-term opportunity for global investors

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In July 2023, Fidelity expanded its presence in India by opening its first office in Bengaluru, adding to existing locations in Gurugram and Mumbai

Investors expect a stronger spotlight on governance and disclosure, and perhaps some volatility, but say the affair has not challenged the reasons they are in India in the first place

Union Minister Ashwini Vaishnaw has invited German companies to invest in India, saying it is a trusted partner which offers political and economic stability. Addressing the TV9 Global Summit in Stuttgart on Thursday evening, he said India was growing steadily at 6-8 percent and was poised to continue this trajectory for many years to come. "Consider including India in your supply chain. India hosts over 1,800 global capability centres across virtually every sector. We offer a vast pool of talent, with world-renowned capabilities in IT," the minister said. "The success of our government reflects in the fact that good economics can also make good politics. While many democratic nations have faced turmoil, India remains a trusted partner, offering both political and economic stability," he said. Vaishnaw said India had a very healthy balance sheet, with debt at 57 percent of the GDP, well below the debt levels seen in other large economies. "This success is not a coincidence. It is

To make the event successful, the state government has organised investor meets in the country as well as in South Korea, Japan, the UAE, Qatar, Singapore, Germany, United Kingdom, and Saudi Arabia

The business summit will be organised in Jaipur from December 9 to 11

Global funds last week sold Rs 870 crore ($104 million) of the so-called Fully Accessible Route bonds

The NFO (New Fund Offering) is an open-ended Category III Alternative Investment Fund, aiming to raise Rs 3000 crore with approx. Rs 1,000 crore over the next 6 months.

India ranked among the top three in greenfield foreign direct investment (FDI) announcements by the United Nations Conference on Trade and Development (UNCTAD)

"Despite continued headwinds in financial markets, the world is waking up to the importance of space-based technologies," Space Capital said

With the Centre's focus on development and infrastructure, the country has gained the trust of many countries, which have come forward to invest in India, Minister of State for Road Transport, Highways and Civil Aviation Gen V K Singh, said on Friday. The kind of environment being created in India has made the country an ideal global investment destination, he said and appealed to youngsters to utilise the opportunity and come up in life. About 162 countries have invested in 62 different sectors in 31 states and union territories in India. This reflects the growing trust these countries place on India, he said speaking at the 38th annual convocation of Vellore Institute of Technology (VIT), near here. So, you should work harder to garner (sic) the opportunity coming in, he said and recalled the Centre's efforts in providing a conducive atmosphere for StartUps. There's no shortcut to success, though it is written in books. It all depends on how committed, hardworking and knowledgeab

Investment in crypto and blockchain fell from $30 billion in 2021 to $23.1 billion in 2022

The fund has invested in Indian companies such as Swiggy, MoEngage, and ElasticRun

UP govt is all set to hold its 7th domestic roadshow in Bengaluru on Monday to draw investors to the upcoming Global Investors Summit (GIS) 2023 in the state, an official release said

The Uttar Pradesh government will hold roadshows in the states to attract domestic industrial groups for its Global Investors Summit to be held next year, according to an official release. The state government recently sent a group of ministers on a global tour to invite foreign investors for the summit and seek investment in the state. The release said that investment commitments of Rs 7.12 lakh crore, including of Rs 4 lakh crore from the UK and the US alone, have been received ahead the Global Investors Summit to be held in February next year. After the return of the group from global tour, Chief Minister Yogi Adityanth has directed holding road shows in different states of the country for inviting investors of the country, the release said on Friday. The chief minister reviewed the preparations for organizing the Global Investors Summit with the cabinet members and senior officials on Thursday. A new team should be formed for road shows to be held within the country. Independe

The Uttar Pradesh government has already pulled in investment intents worth Rs 7.12 trillion through the multi-country roadshows held between December 9 and December 19

Singapore investors have committed nearly Rs 20,000 crores of investment in Uttar Pradesh in areas such as data centres, logistics services and education following a business promotion delegation visit to the city-state. The investments were committed following a four-day presentation here, which concluded on Monday, by the UP Global Investment Summit (UPGIS) delegation led by State Minister of Jal Shakti and Flood Control Swatantra Dev Singh. Singapore is a partner country in UPGIS to be held from February 10-12, 2023 in Lucknow. Singh and his delegation members held a series of meetings and discussed prospects and collaboration opportunities in their state with Singapore's Minister of Trade and Industry Gan Kim Yong and Minister for Sustainability and the Environment Grace Fu Hai Yien. It was a very successful trip. The G2G (government to government) engagement was very warm and fruitful, Deepak Kumar, Principal Secretary, Basic Education Department of Uttar Pradesh, told PTI. T

With its share price slumping by more than half this year, the 166-year-old institution has been vulnerable to rumors of takeover bids and concerns over its stability