Investment

NTPC board okays ₹20,457-cr investment for 1,600 MW Lara Stage-III project

State-run power giant NTPC board has approved Rs 20,456.70-crore investment for 1,600 MW Lara Super Thermal Power Project Stage-III in Chhattisgarh. "The Board of Directors of NTPC Limited in its meeting held today, i.e. 11th July 2026 has, inter-alia, approved investment proposal for Lara Super Thermal Power Project, Stage-III (2x800 MW) at current estimated cost of Rs 20,456.70 crore," the company said in an exchange filing on Saturday. On June 5, the NTPC had sought bids from technology solutions players to help its sub-critical thermal power units operate at lower load and ensure flexibility for the electricity distribution network to use both thermal and renewable energy more efficiently. The project will require providing technical support to sub-critical thermal units ranging between 150 MW and 250 MW, enabling them to operate in two shifts and at a minimum technical load of 25 per cent, NTPC had said in a statement. Sub-critical thermal units can offer greater flexibility .

Flipkart says West Bengal to remain key investment hub as it expands biz

Flipkart on Monday said it would deepen its long-term investments in West Bengal, expanding its supply chain infrastructure, seller ecosystem and skills initiatives in the state, which houses the company's largest fulfilment centre in India. The Walmart-owned e-commerce company said West Bengal is home to its largest fulfilment and logistics hub, located at Haringhata, and remains central to its long-term growth strategy. The Haringhata campus has a storage capacity of 5 million cubic feet across six mezzanine levels and features automated storage and retrieval systems, robotic packaging arms, cross-belt sorters and a nine-kilometre conveyor network. Flipkart said the facility is the first e-commerce fulfilment centre of its scale in India to receive the Indian Green Building Council's Platinum certification. Across West Bengal, the company operates more than 300 fulfilment centres, mother hubs and last-mile delivery facilities, supporting more than 120,000 direct and indirect jobs

Market re-rating will take time: 360 ONE Asset CIO Anup Maheshwari

he says that even a modest improvement in performance could trigger catch-up buying and support the next leg of the market rally

Berry Alloys to invest ₹1,200 cr in Andhra Pradesh steel materials complex

The integrated manganese and steel materials complex in Vizianagaram is expected to create 813 direct jobs and strengthen Andhra Pradesh's growing metals value chain

West Bengal to launch single-window clearance for investments over ₹100 cr

West Bengal Chief Minister Suvendu Adhikari on Saturday announced that his government would introduce a single-window clearance mechanism for investment proposals of Rs 100 crore and above, asserting that land availability would not be a constraint for industries in the state. Speaking at the foundation stone-laying ceremony of a new manufacturing facility of Lux Industries at Dankuni in Hooghly district, Adhikari said the government was committed to creating a business-friendly environment and attracting fresh investments. "There will be a single-window clearance system for investment proposals worth Rs 100 crore and above. Land availability will not be an issue for industry," he said, laying the foundation stone for the Rs 600-crore plant. Claiming that West Bengal was poised to regain its position as a leading investment destination, he said the state was entering a new phase of industrial growth. "West Bengal will once again become India's top destination for investment. A ...

Adani to file affidavit in US court this week on indictment dismissal

Billionaire Gautam Adani will file this week a sworn affidavit in a US federal court stating whether he is aware of any promise, agreement or benefit linked to the US government's decision to dismiss a criminal indictment against him. US District Judge Nicholas Garaufis directed Adani to file the affidavit by July 15 before ruling on the Justice Department's motion to dismiss the indictment with prejudice. The judge asked Adani to state whether he is aware of any promise, offer, agreement or benefit connected to the dismissal, or of any exchange made in return for the charges being dropped. Sources said Adani is likely to file the affidavit this week. The Adani group did not offer any comment on the issue, saying the matter is sub judice. The order of June followed a filing by Principal Associate Deputy Attorney General in the Department of Justice, R Trent McCotter, who said he was the "final and sole decision-maker" behind the dismissal and denied media reports that the decision

Korea's NH Investment invests ₹900 cr in Choice International's broking arm

The South Korean financial services firm will invest through compulsorily convertible preference shares to support Choice Equity Broking's expansion plans

Indian firms remain cautious on AI M&A: Rothschild & Co's Aalok Shah

Rothschild & Co advised on about $5 billion of India deals in 2025, as AI reshapes tech M&A and India becomes a key global investment banking hub

ISM Phase-I: Where India stands in building its semiconductor ecosystem

India has approved 12 semiconductor projects under the ₹76,000-crore India Semiconductor Mission, including its first chip fab and display fabrication units

Amazon India legal chief steps up fight against fakes and AI-enabled scams

As Amazon commits $48 billion to India through 2030, legal chief Rakesh Mohan Bakshi says combating counterfeiting and AI-enabled fraud has become central to the company's strategy

RIICO moves to boost industrial growth and investor climate in Rajasthan

RIICO recovers over ₹100 crore in land allotment dues, with funds set to boost infrastructure and modern facilities across Rajasthan's industrial areas

EPACK Durable secures Andhra Pradesh nod for ₹1,084 crore investment plan

The incentive package under Andhra Pradesh's Electronics Manufacturing Policy 4.0 covers proposed investments by EPACK Durable and its subsidiary to expand consumer durables manufacturing

New funding models look to brighten the silver screen as HNI money rolls in

Specialised investment funds are bringing institutional capital into Indian cinema, treating film IP and movie portfolios as a new alternative asset class

₹50,000 cr infrastructure investment drives Varanasi's industrial growth

The city is set to see three new townships after 30 years; the first is likely to be launched by Aug

Tata Comm to invest $152 million to boost India-Singapore digital corridor

The company said it will add about 98 terabits per second (Tbps) of capacity through two subsea cable projects linking Mumbai and Chennai with Singapore

Nisus Finance eyes ₹4K cr fundraise through India-UAE property platform

Nisus Finance aims to raise up to Rs 4,000 crore over 18-24 months through an India-UAE platform targeting redevelopment, plotted development and asset-backed real estate

How you can choose the right long-term investments | Investment tips | Tax planning

Long-term investing is one of the most effective ways to build wealth and achieve financial goals. Choosing the right investment depends on factors such as financial objectives, time horizon

WazirX bets on AI, futures trading to fuel comeback after $235-mn hack

Crypto exchange WazirX is betting on artificial intelligence-powered products, futures trading and an enhanced customer experience to drive growth as it seeks to regain market share following its court-approved restructuring after last year's USD 235 million cyber attack. Founder Nischal Shetty said the exchange is preparing to launch "WazirX AI", an artificial intelligence assistant that will allow users to interact with the platform through natural language commands rather than navigating traditional trading interfaces. "I think that's the future, where instead of trying to learn how a trading interface operates, where the stop losses are, how do you fill up a form... I think the more natural way of trading for people will be where you just instruct your AI to do things for you, and it does it," Shetty said. The AI tool is expected to help users execute trades, conduct research, analyse market sentiment and evaluate investment opportunities. Users could, for instance, instruct the

Krafton India makes strategic investment in Bitkraft Ventures' global fund

Krafton India on Monday announced a strategic investment in Bitkraft Ventures' Global Fund, underscoring its commitment to supporting the growth of India's gaming and startup ecosystem. However, the company did not specify the size of the investment. India has rapidly emerged as one of the world's most dynamic markets for gaming and digital innovation, on the back of a growing base of entrepreneurs building products with both local relevance and global potential, Krafton said in a release. "Krafton India today announced a strategic investment in Bitkraft Ventures' Global Fund, deepening its commitment to supporting the growth of India's gaming and startup ecosystem," the release said. The South Korean gaming giant further said that through this investment, it aims to expand access to capital, industry expertise and international networks for Indian startups, helping them scale faster and compete on a global stage. The partnership supports the continued maturation of India's gaming

How to choose between guaranteed returns and growth-focused investments

Using a growth asset for a short-term need risks a forced sale at a loss and investing in a guaranteed asset for a 20-year goal risks loss of purchasing power