Page 11 - Investment

Invest Rs 21,000 to earn Rs 20 lakh monthly? Viral videos of FM are fake

Digitally manipulated clips mark another instance of cybercriminals trying to defraud people

Enzyme Offices looks to double revenue this fiscal, plans ₹50 cr investment

Flexible and managed workspace provider Enzyme Offices looks to double its revenue in the current fiscal to around Rs 150 crore and targets an annual recurring revenue (ARR) of Rs 200 crore by 2026-27, a top company official said on Tuesday. The company aims to double its revenue in the current financial year from the current Rs 75 crore, driven by strong demand from both global capability centres (GCCs) and leading Indian startups, Ashish Agarwal, Founder & CEO of Enzyme Offices said. "Enzyme Offices looks to achieve Rs 200 crore ARR by FY27, supported by a planned Rs 50 crore investment in expanding operations, enhancing infrastructure, and strengthening technology capabilities," Agarwal said. ARR refers to the recurring revenue of a business's contract, normalised for a year. Agarwal said that the company has witnessed remarkable journeys companies starting with just 20-30 seats and scaling to over 600 seats within Enzyme. Vyapar, Teachmint, Dukaan, Avin Systems, and Stellar ..

Nikhil Kamath invests ₹137.5 crore in Goldi Solar to expand capacity

Zerodha co-founder Nikhil Kamath invests ₹137.5 crore in Goldi Solar, supporting its expansion into solar cell manufacturing and capacity growth in renewable energy

Fatal blast at US steel's Clairton plant sparks doubts over its future

The fatal explosion last week at US Steel's Pittsburgh-area coal-processing plant has revived debate about its future just as the iconic American company was emerging from a long period of uncertainty. The fortunes of steelmaking in the US along with profits, share prices and steel prices have been buoyed by years of friendly administrations in Washington that slapped tariffs on foreign imports and bolstered the industry's anti-competitive trade cases against China. Most recently, President Donald Trump's administration postponed new hazardous air pollution requirements for the nation's roughly dozen coke plants, like Clairton, and he approved US Steel's nearly USD 15 billion acquisition by Japanese steelmaker Nippon Steel. Nippon Steel's promised infusion of cash has brought vows that steelmaking will continue in the Mon Valley, a river valley south of Pittsburgh long synonymous with steelmaking. We're investing money here. And we wouldn't have done the deal with Nippon Steel if

Authum Investment & Infra promoter divests 2.7% stake for ₹1,165 cr

Mentor Capital, one of the promoters of Authum Investment & Infrastructure Ltd, on Thursday pared a 2.7 per cent stake in the NBFC firm for Rs 1,165 crore through open market transactions. Capital markets veteran Sanjay Dangi and his wife, Alpana Dangi, control Mentor Capital. According to the bulk deal data on the BSE, Mentor Capital offloaded 46.61 lakh shares, representing a 2.74 per cent stake in Mumbai-based Authum Investment & Infrastructure Ltd (AIIL). The shares were disposed of at an average price of Rs 2,500.58 apiece, taking the transaction value to Rs 1,165.60 crore. Meanwhile, US-based Fidelity International through its affiliate bought 27.41 lakh shares or 1.61 per cent stake in AIIL for Rs 685 crore through an open market transaction. The shares were picked up at an average price of Rs 2,500 apiece. Details of the other buyers of Authum Investment & Infrastructure's shares could not be ascertained on the exchange. Shares of Authum Investment & ...

OSM to invest $25 million in EV assembly plant in Jafza over 5 years

Electric vehicle (EV) maker Omega Seiki Mobility (OSM) will invest USD 25 million (AED 92 million) over the next five years in its international EV assembly plant in Jafza (Dubai), which was launched on Wednesday, the company has said. Spanning over 42,000 sq ft, the first Jafza plant will assemble the company's range of electric two-and three-wheelers as well as handle storage and distribution of auto components and spare parts, OSM said. The facility is expected to commence assembly by the end of 2025, it stated. Strategically positioned to serve export markets across the Middle East and Africa, the plant will create over 100 jobs in its initial phase and strengthen UAE-India trade in clean technology, the company said. "Jafza gives us unmatched connectivity to more than 2 billion consumers and a business environment that enables speed, scale and sustainability. Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and

ONGC to invest ₹4,600 crore to drill 10 wells, other infra in KG Basin

The oil and gas major ONGC will be investing over Rs 4,600 crore to drill 10 development wells, to set up two unmanned platforms, to lay an offshore pipeline, and to establish an onshore gas processing facility in Konaseema District of Andhra Pradesh. Oil and Natural Gas Corporation Limited (ONGC) has approached the Ministry of Environment and Forests seeking fresh environmental clearance for the proposed project, an Experts Appraisal Committee (EAC) under the ministry said in the minutes of its meeting held on July 24. Letter of Award (LOA) for Offshore Oil and Gas Contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika) comprising an area 697 sq km and KG/OSDSF/GS49/2021 (GS49) comprising an area of 148 sq km in East coast were issued by Director General of Hydrocarbons in September 2022 under under DSF-III (Discovered Small Field-III). "Total land area required is 26.3 hectares (Odalarevu Terminal) for the proposed installation. Greenbelt will be developed in a total area of 8.7 ...

Tamil Nadu seals ₹32,554 crore investment deals, creating 50,000 jobs

Tamil Nadu government signs Rs 32,554 crore investment deals, creating 50,000 jobs in South Tamil Nadu. Key projects include a space park and shipbuilding PSU, with JSW and RGE as major investors

JSW Steel, JFE to invest ₹5,845 crore in expanding electrical steel output

JSW Steel and JFE Steel Corporation will jointly invest Rs 5,845 crore to expand the production of grain-oriented electrical steel (GOES), supporting India's green energy transformation

Active vs passive funds: Choose passive for core, active for satellite

Active funds can outperform, but also carry the risk of underperformance

Experion to invest $300 mn in VLIV, expands women-only co-living spaces

Experion unveils VLIV, its first women-only co-living space, and announces a $300 million investment to build a nationwide service-led rental housing ecosystem in India

Meta ramps up AI spending as strong ad revenue supports bold strategy

Investors cheered the plan, sending shares up as much as 12 per cent to $779.34 after markets opened in New York on Thursday

Nxtra Data plans ₹6,000 crore war chest to chase data centre growth

Nxtra Data, Bharti Airtel's data centre arm, plans to invest ₹4,500-6,000 crore over the next 3-4 years to become a leader in India's data centre market, targeting a major capacity expansion

4-in-1 Investment: Zerodha's New FoF offers gold, equity, G-Secs in 1 fund

The minimum amount for application is just ₹100 and in multiples of 100 during the NFO, making it easy and accessible for investors.

Transparency, investor safety boost MF appeal as retirement vehicle: Icra

Research firm ICRA Analytics on Monday said that enhanced transparency and investor protection regulations have helped boost investor confidence in mutual funds (MFs) as a retirement vehicle. The assets under management (AUM) of retirement MFs have increased 226.25 per cent in the last five years to touch Rs 31,973 crore in June 2025, up from Rs 9,800 crore in June 2020. The firm said that increasing awareness about the importance of financial planning among people and the need to build a corpus for retirement is raising the importance of retirement MFs. According to ICRA Analytics, such retirement MFs have exposure to both debt and equity, that focus on wealth appreciation and preservation, assuring income stability. Total number of folios under such schemes increased 18.21 per cent at 30.09 lakh in June 2025, up from 25.46 lakh in June 2020, the report said. Ashwini Kumar, senior VP and head (market data) said that equity MFs have captured significant inflows due to optimism abou

Private sector investment hasn't kept pace with public expenditure: FM

Says greater access to China may help economy, but sense of caution would have to be built in

SRF to invest nearly ₹750 cr to set up agro-chemical, BOPP film plants

Chemical firm SRF Ltd will invest nearly Rs 750 crore to set up an agro-chemical plant in Gujarat and a BOPP film manufacturing facility in Indore as part of its expansion plan. Gurugram-based SRF Ltd has a diversified business comprising fluorochemicals, specialty chemicals, performance films & foil, technical textiles, and coated and laminated fabrics. The company's board on July 23 approved the setting up of a facility to produce agrochemicals at Dahej, Gujarat, at a cost of Rs 250 crore. The facility at Dahej will produce 12,000 tonnes per annum of an agrochemical intermediate. This project will be completed in 18 months, according to the latest regulatory filing. The board also approved a Rs 490 crore investment to set up a BOPP (Biaxially Oriented Polypropylen) film manufacturing facility in Indore, featuring a state-of-the-art 10.4m wide Bruckner film line and a metalliser. The project is expected to be completed in 24 months. SRF Ltd has posted a 71 per cent increase in ..

Govt gets ₹16,000 cr investment proposals under electronic component scheme

The government is learnt to have attracted investment proposals worth Rs 16,000 crore under the Electronics Component Manufacturing Scheme, according to sources. The government had opened applications for the Rs 22,805-crore electronics component manufacturing scheme (ECMS) on May 1. "Received proposals worth around Rs 16,000 crore under ECMS," an official source said. An industry body also confirmed the development, based on its discussion with government officials and industry players. According to the government source, the approval process has started and shortlisted projects are expected to be announced in September. "The scheme has received a good response from both domestic and foreign companies," the source said. Sources had earlier mentioned that Tata Electronics, Dixon Technologies, and Foxconn were among the big players that have shown interest in the scheme. Recently, Dixon signed separate agreements with Chinese electronic component firms -- Chongqing Yuhai Precisio

Planning to redeem MFs? AY 2025-26 tax rules may hit your returns

Debt, equity, gold or international funds: Know the new tax rules for AY 2025-26 and how timing your redemptions can save you money, says experts

AstraZeneca unveils $50 bn US investment as pharma tariff threat looms

On Monday, AstraZeneca said the expansion supports its ambition to reach $80 billion in annual revenue by 2030, with half coming from the US