Page 2 - Investment In India

India, UAE to discuss investment related challenges as FDI decline in India

The first half of the 2023 calendar year witnessed a 37 per cent drop in FDI equity inflows, totalling $20.21 billion, compared to the same period the previous year

Newer biz contributed to one-third of Nykaa's GMV in FY23: Falguni Nayar

Nykaa's beauty and personal care (BPC) owned brands contribute to 11.9 per cent of its overall BPC GMV, while its Fashion-owned brands contribute 12.9 per cent to the overall Fashion GMV

UP transformed into prime investment destination in six years: Adityanath

Uttar Pradesh has transformed from being a 'Bimaru' state to become a prime investment destination in the past six years, Chief Minister Yogi Adityanath said on Monday. 'Bimaru' is used to refer to Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh, the states that are laggards in a number of economic growth indicators in the country. In a marked departure from its reputation just six years ago, the state has become a prime investment destination within the country, drawing substantial domestic tourism and securing significant funds from banks for industrial growth, Adityanath said while launching the Micro Entrepreneur Accident Insurance Scheme on the occasion of the World Entrepreneurship Day. According to an official release, Adityanath highlighted the growth in state's exports and said that the transformation was a result of Prime Minister Narendra Modi's inspiration and direction along with the state government's inclusive approach that assured security to all investors. "As a

Foxconn sees opportunity to invest several billions of dollars in India

Taiwanese electronics manufacturing giant Foxconn sees potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said. Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the company's second quarter earnings call on Friday said that the company's Indian arm has achieved the turnover of close to USD 10 billion on an annual basis and there is a lot of investment potential in India. "Foxconn annual revenue was USD 200 billion. From the perspective of India's potential market size and if we can fully implement our plans there, several billion dollars in investment is only the beginning." He said Foxconn operates about nine campuses in India. "Total size will be equivalent to more than 500 football fields. We have over 30 factories in India. The turnover, business size, roughly USD 10 billion annually. We have over 20 dormitories that shelter tens and thousands of employees that work with Foxc

Industry fumes as Tamil Nadu hold back bill increasing working hours

Trade unions support move, say legislation is against 'basic rights of workers'

Boom Up Korea 2023: Come, invest in India urges Vedanta's Akarsh Hebbar

Come, Invest in India Urges Vedanta's Akarsh Hebbar at Boom Up Korea 2023

Digital lending startup LoanTap raises Rs 24 crore in venture debt

Funding led by Lighthouse Canton through its Category-II AIF

UAE-based Emirates NBD invests $100 mn more in India, opens 2 more branches

UAE-based bank Emirates NBD on Monday announced an additional USD 100 million investment in its India operations, and added two more branches in Chennai and Gurugram. The lender, having the largest presence in the Middle East region, has so far invested USD 300 million in the last five years of its operations in India in three tranches, its group head for international and group strategy, Neeraj Makin, told PTI. Its country chief executive for India Sharad Agarwal said its current presence is not as a wholly-owned subsidiary, which is preferred by RBI for units of foreign lenders, and added that its focus is on the corporate and trade segment and not the retail side. Makin said it may add 2-3 more branches, including one in Kolkata, over the next 18 months and will definitely infuse more capital if it happens. Agarwal said at present, its overall balance sheet stands at Rs 5,500 crore, which includes a loan book of Rs 3,000 crore and investment book of Rs 1,500 crore. By FY24, it i

8i Ventures announces first close of second investment fund worth $50 mn

Early-stage venture capital company says fintech 'single largest opportunity in India'

Investments taking shape ahead of Rajasthan summit; 3k delegates may join

Around 2,000 people have got direct employment while conditions for indirect employment have been made

Centre proposes stricter valuation rules for overseas direct investments

New rules will be effective from Monday

Investment firm Stride Ventures closes second India fund at $200 mn

Stride Ventures, announced the close of its second India fund at $200 million for investments in consumer, financial technology, agriculture technology, B2B commerce and other sectors.

What is the China-plus-one strategy?

India must reorient its trade policy to take advantage of the increasingly popular China-plus-one strategy. Find out why India is struggling to register itself as a favourite investment destination?

UP ministers to hold roadshows abroad ahead of Global Investor Summit

CM Yogi Adityanath will be sending a group of ministers on foreign tours to showcase Uttar Pradesh as an 'investment hub' ahead of the proposed Global Investor Summit in 2023, a senior official said

China's Great Wall Motor shelves $1 billion India investment plan: Report

The automaker has been planning to enter Indian market since 2020 and the failure to secure approvals makes it one of biggest casualties of New Delhi's increased scrutiny of investments from Beijing.

Investors who have a long horizon should wait for crypto prices to recover

Those who don't anything to do with this highly volatile asset class may also throw in the towel

Data centre capacity to double by FY25 with Rs 40,000 cr investment: Report

The data centre capacity is set to double by FY25 to 1,700-1,800 mw from 870 mw with an investment of Rs 40,000 cr on the back of rising data uptake, coupled with the launch of 5G services

Bain Capital special situations fund earmarks $300 million for India

The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.

What challenges India may face at Davos?

Global investors will be keenly assessing what the Indian delegation has to say at the World Economic Forum's annual meeting. What will be India's strategy and what challenges it could face?

Modi meets Japanese biz leaders, discusses investment avenues in India

Prime Minister Narendra Modi on Monday courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities in India