Global Investors

US Fed's wait-and-see approach gives respite to tariff-struck investors

Fed policymakers signaled a cautious stance of their own on Wednesday at a policy meeting that left interest rates unchanged but acknowledged rising risks to both growth and inflation

Investors stay bearish on Asian currencies as trade war intensifies: Poll

Bearish positions on the Malaysian ringgit, the South Korean won, Taiwan dollar and the Indonesian rupiah firmed slightly from a fortnight ago

MP CM Mohan Yadav enlists Rs 1.8 trn investment ahead of investor meet

Madhya Pradesh Chief Minister Mohan Yadav courted business leaders in countries ranging from the UK to Japan as well as Indian industrial houses in the last few weeks to get about Rs 1.8 lakh crore of investment commitments ahead of the state's global investors' summit later this month. Strategically positioned in the heart of India, the state is leveraging its geographical advantage, pro-business policies, and robust infrastructure to cultivate an economic ecosystem that beckons global enterprises and visionary entrepreneurs. Under Yadav, the state has embarked on a mission to redefine its industrial landscape through a series of groundbreaking investment initiatives. The chief minister undertook multiple foreign and regional visits to secure substantial investment proposals and drive economic growth in the state, officials said. His six-day tour to the United Kingdom and Germany last year resulted in investment proposals worth Rs 78,000 crore, which will bolster sectors such as .

Sebi mulls amending investor charter for stock brokers to protect consumers

Markets regulator Sebi on Wednesday proposed reviewing the investor charter for stock brokers in a bid to boost financial consumer protection alongside enhanced financial inclusion and financial literacy. The proposal is also in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0 - a web based centralized grievance redressal system of Sebi. In its consultation paper, Sebi has proposed to modify the investor charter for stock brokers and sought comments on the proposal till February 17. The proposed modified charter would include vision, mission, services provided to investors by brokers, various activities of brokers with timelines, DOs and DON'Ts for investors, grievance redressal mechanism and handling of investor's claims in case of default of a trading member along with the format for investor complaints data to be displayed by brokers on their respective websites and trend of annual disposal

Investors from 12 nations among 5k delegates expected in Odisha biz summit

More than 5,000 delegates, including envoys, investors and industrialists from India and 12 other countries, are expected to participate in the two-day Odisha business conclave, starting from January 28, an official said on Wednesday. State Industries Department Principal Secretary Hemant Sharma said the government had invited 100, out of 400 Fortune companies, to participate in the 'Utkarsh Odisha-Make in Odisha' summit. We have invited investors from 12 countries, including Australia, Japan, the UK, Germany, Singapore, Malaysia, Cuba, and Holland for the Utkarsh Odisha Conclave. We expect that 5,000 delegates, including envoys of several countries and investors, will attend the business summit during the two days," Sharma said. IT, renewable energy, chemicals, textile and food processing have been selected as five focus sectors to attract investors during the meet, he said. Noting that preparations for the business conclave are almost at the last stage, Sharma said sectoral sessi

BII to make Rs 650 cr in final tranche of investment on M&M's EV arm

Automaker Mahindra & Mahindra Ltd on Monday said British International Investment Plc will make a final tranche investment of Rs 650 crore, as against earlier planned investment of Rs 725 crore, in its electric vehicles arm. Earlier this year in May, the company had intimated that it and British International Investment Plc (BII) have mutually agreed to extend the timeframe for the final tranche of BII's planned investment of Rs 725 crore in Mahindra Electric Automobile Ltd (MEAL) and would jointly assess whether additional investment is required by December 31, 2024, M&M said in a regulatory filing. In this connection, M&M said the company and BII have jointly assessed the funding requirement for MEAL on the basis of which it has been "mutually agreed that the final tranche of BII Group's (i.e. BII and/or BII India EV LLP) investment would be Rs 650 crore to be completed by March 31, 2025, as against earlier planned investment of Rs 725 crore". "Consequently, the total ...

Chhattisgarh receives investment proposals worth Rs 15k cr across sectors

Chhattisgarh has attracted investment proposals worth Rs 15,184 crore by top companies in various sectors, including semiconductor, EV and renewable energy, an official statement said on Monday. At the investors connect meet here, key industrialists from both India and abroad engaged in detailed discussion with Chhattisgarh Chief Minister Vishnu Deo Sai to explore investment opportunities in the state. The discussions were focused on exploring potential investments that will boost the state's industrial growth and create thousands of employment opportunities, the statement from the state government said. Investors from various sectors showed keen interest in setting up business in the state. The highest investment proposal of Rs 11,500 crore came from Renew Power Limited. Company's Chairman and CEO Sumant Sinha said the proposal was for setting up pump storage and green hydrogen projects in the state. Other investment proposals include Rs 1,650 crore by TWI group for setting up .

Airtel, CtrlS, Holoware to invest in Bihar under new IT policy, says govt

Bharti Airtel, data centre company CtrlS, and personal computer maker Holoware have submitted their proposals for investments in Bihar under the state's new IT Policy, 2024, senior government officials said on Thursday. Speaking at the Bihar Business Connect 2024 here, IT Secretary Abhay Kumar said that the incentives under the state's IT Policy 2024 are the best compared to the policies of any other state. He said the state has received tremendous response from investors. "Airtel and Ctrls are in a very advance stage. They have already taken stage 1 clearance. They are submitting financial proposals and very soon you will see their actual investment happening," Kumar said. He said Chennai-based Holoware is also investing in the state for manufacturing of IT hardwares. "They (Holoware) are putting up their factory for laptop PCs. One of their proposals of Rs 30 crore is already cleared, and in time to come they are supposed to make an investment of Rs 300 crore," Kumar said. He .

Canadian pension fund arm co-leads $180 mn investment in India's Mintifi

A Canadian pension fund arm on Tuesday announced that it has co-led in a USD 180 million funding round in Indian supply chain finance platform Mintifi. Ontario Teachers' Pension Plan's arm Teachers' Venture Growth and South Africa's Prosus have co-led the Series E investment into the city-based Mintifi, as per a statement. Premji Invest also participated in the funding round, which includes both primary and secondary transactions, the statement said. Canadian investors, especially pension funds, have been present in India for many years and have backed a slew of entities and projects for handsome returns. The fresh funding will deepen the company's presence across key sectors and consolidate its market leadership in the downstream supply chain financing space, it said. The company, which works with entities such as Asian Paints, Varun Beverages, Parle Products, Honda, Shree Cement, TVS and Castrol, will use the funds to expand on its new offerings, including dealer management syst

MapmyIndia parent scraps plan to invest in outgoing CEO's firm, shares rise

MapmyIndia powers Apple Inc's maps in the country and garners 99 per cent of its revenue from providing map-related services to other businesses

K'taka minister Patil discusses investment prospects with German companies

As part of the global roadshow for 'Invest Karnataka 2025' drive, Minister M B Patil-led a high-level delegation has visited Germany to promote the state as a premier investment destination, officials said on Saturday. The visit was aimed at strengthening Karnataka's international economic ties and attracting global investments across key sectors, they said. A statement shared by the Minister's office said that the delegation visited a manufacturing facility of Index-Werke, a global leader in CNC (Computerised Numerical Control) machining. The company provided a detailed overview of its operations and showcased flagship products, including a 64-axis CNC machine. Highlighting Karnataka's strong machine tool ecosystem, which commands a 52 per cent market share in India, Patil has urged Index-Werke to establish a manufacturing facility in the state. The Minister for Large and Medium Industries also emphasised the opportunities offered by Karnataka's Tumakuru Machine Tool Park (TMTP) a

Israel sees record-breaking $10.5 billion in startup acquisitions

This comes amid ongoing economic troubles in Europe and the US and as Israel faces an ongoing, multi- front war

K'taka minister MB Patil discusses investment prospects with UK companies

Karnataka Minister for Large and Medium Industries M B Patil on Saturday engaged with top global companies in the United Kingdom during a roadshow held to highlight Karnataka's investment potential across the aerospace and defense, automotive, and education sectors, officials said. As part of the 'Invest Karnataka 2025' roadshow, Patil, who is currently in London, invited leading organisations, emphasising Karnataka's robust infrastructure, business-friendly environment, and forward-thinking initiatives such as the Knowledge, Wellbeing, and Innovation (KWIN) City project. During a meeting with the Rolls Royce Group, the Minister showcased Karnataka's thriving aerospace and defence ecosystem, focusing on composite manufacturing. A detailed presentation highlighted the state's ease of doing business and attractive incentives, which received positive feedback from Rolls Royce's leadership. Discussions focused on Karnataka's strategic role in the company's future India investment plans,

Adani wipeout will hurt sentiment, not long-term outlook: Global investors

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

Godrej Properties launches Rs 6,000 crore QIP to fund growth plans

Godrej Properties on Wednesday launched its qualified institutional placement (QIP) to sell equity shares to investors for raising up to Rs 6,000 crore to fund its growth plan. Last month, the company's board approved raising of up to Rs 6,000 crore through the issue of securities. In a regulatory filing, Godrej Properties informed that the QIP Placement Committee authorized the opening of the issue on November 27, 2024. The panel also approved the floor price for the QIP issue, being Rs 2,727.44 per equity share. Godrej Properties' share price closed at Rs 2,833.05 apiece on Wednesday, down 2.35 per cent from Tuesday. The company is one of the leading developers in the country. It has a major presence in Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune and Bengaluru. It has entered into Hyderabad market recently. In the last fiscal, the company's sales booking jumped 84 per cent to a record Rs 22,527 crore, the highest among listed realty firms in 2023-24. Godrej Properties ha

Over 90% Indian businesses raised sustainability funds over last yr: Report

There has been a notable rise in investment in sustainability over the last one year with 91 per cent CXOs interviewed reporting an increase, indicating that climate action drives value creation and is central to the company's overall business strategy, according to a report released on Wednesday. Indian CXOs have significantly ramped up sustainability investments, with 91 per cent reporting an increase over the last year despite challenges such as a lack of sustainable solutions, senior leadership buy-in and difficulty measuring environmental impact, according to the Deloitte CXO Sustainability Report. This increase is driven by growing concerns over climate change, with 87 per cent of Indian CXOs feeling concerned about it most of the time, it added. Deloitte's 2024 CXO Sustainability Report (India) surveyed over 157 executives nationwide on their views and strategies related to sustainability and climate change. The report further revealed that climate change is the top priority

Vedanta Resources raises $800 mn from global investors via new bond issue

UK-based Vedanta Resources, the parent of India's Vedanta, has raised USD 800 million from global investors through a new bond issue. The proceeds will be used to prepay the company's outstanding debt due in 2028. Vedanta Resources Finance II PLC (VRF) said in a Singapore exchange filing that it has raised USD 800 million by issuing new bonds. The issue comprises two tranches of bonds -- one with an aggregate principal amount of USD 300 million of 10.25 per cent bonds due in 2028 and the other involving an aggregate principal amount of USD 500 million of 11.25 per cent bonds due in 2031. The bids were received from existing as well as new set of investors across Asia Pacific, Europe, the Middle East and Africa (EMEA), and the US with more than 90 per cent participation from asset/fund managers across both tranches. As per VRF's stock exchange notification, the final allocation of the bonds includes 32 per cent from Asia, 36 per cent from EMEA, and 32 per cent from US for the bonds

Sebi to auction 17 properties of KBCL on Dec 23 to recover illegal money

Capital markets regulator Sebi will auction 17 properties of KBCL India Ltd on December 23 to recover money illegally collected from investors. The regulator has initiated the process for the sale of assets after KBCL India Ltd, its directors Rakesh Kumar, Vishvnath Pratap Singh and Shashi Kant Mishra failed to refund the investors' money. As many as 17 land parcels in Uttar Pradesh will be auctioned at a reserve price of Rs 4.23 crore, according to a notice issued by Sebi on Friday. Quikr Realty has been engaged by Sebi to assist it in the e-auction, while C1 India has been appointed as the e-auction service provider. As per the notice, the regulator said bidders should make their own independent enquiries regarding the encumbrances, litigations, attachments and acquisition of liabilities of the property put on auction, prior to submitting their bid. The Securities and Exchange Board of India (Sebi) has invited bids for the sale of properties in the recovery proceedings against K

Equity investments in real estate may rise 49% to $11 bn this yr: CII-CBRE

Equity investments in Indian real estate may rise 49 per cent to USD 11 billion this calendar year amid strong demand for properties, according to CII and CBRE. In 2023 calendar year, the equity investments in real estate stood at USD 7.4 billion. Industry body CII and real estate consultant CBRE on Wednesday released a joint report titled 'Leading the Charge: Crafting the Skylines of Tomorrow' at the annual CII Realty 2024 conclave. Equity capital inflows touched USD 8.9 billion between January and September, registering a 46 per cent year-on-year growth. "Overall equity investments in 2024 in the real estate sector are set to hit a new record surpassing USD 10 billion for the first time," the report said. With a resurgence in investment inflows in built-up office assets and a strong acquisition pipeline for land in the residential sector, the overall equity investments in 2024 would be in the USD 10-11 billion range. During January-September, institutional and collective vehicl

Cedar-IBSi Capital plans to fund 10-15 startups in fintech sector

Cedar-IBSi Capital on Saturday said it is looking to invest in 10-15 startups working in the banking and insurance technology segment to expand its footprint in the country. "The fund plans to build a portfolio of the companies, allocating a budget within the range of Rs 4-10 crore, with an intensified focus on financially strengthening 8 to 10 high-performing companies," it said. The fund has already gathered commitments in the range of Rs 50-75 crore from its Rs 240 crore early-stage fund launched in 2023, it added. "We are focusing on investing in startups which offer unique products and innovative tech to help improve efficiency at financial institutions. We have made our first investment in Cogniquest, an intelligent document processing tech company and are looking forward to announcing our second investment shortly," Sahil Anand, Founder and Managing Partner, Cedar-IBSi Capital, said. The business-to-consumer disruption has taken place in the last 5-8 years, but the software