Experts have said that the dip in August could be due to the uncertainty in the global economic scenario after the US tariffs
Jindal Stainless on Wednesday said it is investing USD 150 million (around Rs 1,300 crore) to double its annual slag processing capacity to 0.72 million tonnes to help meet long-term circularity goals. As part of the investment, the company will set up its second wet milling plant of the same capacity of 0.36 million tonnes (MT) at its Jajpur unit in Odisha by October 2026. The byproduct or slag of stainless steel production is processed at wet milling plants to recover metal. "The initiative will support the company's long-term circularity goals by recovering metal from industrial waste and conserving natural resources. It will also create approximately 140 new jobs in the region," Jindal Stainless said in a statement. Jindal Stainless is committing to a spend of USD 150 million to build and operate the plant under a 15-year partnership with Harsco Environmental, further strengthening the long-standing collaboration between the two companies in advancing circular operations. Over
Sonowal noted that India Maritime Week 2025 would witness participation of over one lakh delegates and 500 exhibitors from more than 100 countries, apart from coastal states like Maharashtra
Tamil Nadu Industries Minister TRB Rajaa on Tuesday reiterated that Taiwan-based Foxconn company is investing Rs 15,000 crore in the state, and will create 14,000 new jobs. "It is 100 per cent true," the minister said, reacting to PMK leader Dr Anbumani Ramadoss' post on 'X', claiming that the news is "false". Whenever job opportunities are assured for Tamil Nadu's youth and good things happen, some people have made it a habit to play politics with those employment opportunities due to political prejudice, the minister said in a post on 'X'. "In today's global political climate, bringing an investment into India is incredibly difficult. Without understanding the various geopolitical issues involved, he (Dr Anbumani) must stop issuing these politically prejudiced and childish statements," the minister said. He added that these are job opportunities that have been secured after nearly a year of struggle. Earlier in the day, Anbumani posted on his official 'X' account that the Foxcon
EAAA Alternatives on Tuesday got a $60 million commitment from the European Investment Bank for the India Energy Transition Fund, which is looking to raise about $300 million by the end of the year
After five strong years for Indian markets, fund managers are urging investors to stay invested but with sharper stock selection, realistic expectations, and a balanced portfolio mix.
Truhome Finance (formerly known as Shriram Housing Finance) on Friday said it has received a fresh capital infusion of Rs 417 crore from its majority shareholder, US-based private equity firm Warburg Pincus. As the company recently crossed the Rs 20,000 crore in assets under management (AUM) milestone in September 2025, this investment strengthens the company's balance sheet and supports its next phase of expansion, Truhome Finance said in a regulatory filing. With this capital infusion, Truhome's net worth now exceeds Rs 4,000 crore, it said. Warburg acquired the company in December 2024, and following this round, their shareholding in the company now stands at 98.59 per cent, it said. Over the past two years, it said, Truhome has doubled its AUM from Rs 10,000 crore in August 2024 to Rs 20,000 crore in September 2025. The company has expanded its network to 200 branches with a dedicated team of nearly 5,000 employees serving customers across India, it said. Truhome Finance MD
Equity investments in Indian real estate rose 48 per cent to USD 3.8 billion during July-September as builders and investors pumped in funds mainly for land acquisition and construction of projects, according to CBRE. Real estate consultant CBRE on Friday released its latest report, 'Market Monitor Q3 2025 Investments', highlighting that the total equity investments rose to USD 3.8 billion in the third quarter of this calendar year from USD 2.6 billion in the year-ago period. During the latest September quarter, the inflows were primarily fuelled by capital deployment into land/development sites and built-up office and retail assets. In the first nine months of 2025, the equity investments increased 14 per cent annually to USD 10.2 billion from USD 8.9 billion in the same period last year. During the full 2024 calendar year, the equity investments in Indian real estate stood at USD 11.4 billion. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa,
UK PM Keir Starmer invites Indian firms and fintechs to expand in Britain, promising a red-carpet welcome, faster authorisations, and new visa routes for talent
The revised PLI scheme for textiles cuts investment limits, eases eligibility norms, and extends deadlines to attract wider participation from the industry
Japanese conglomerate Daikin will invest Rs 1,000 crore in Haryana to set up a research and development (R&D) centre which will focus on the development of advanced technologies and sustainable industrial solutions, the state government said on Wednesday. A Memorandum of Understanding (MoU) was signed in Osaka, Japan in the presence of the state Chief Minister Nayab Singh Saini, who along with a high-level delegation is on an official visit to the country from October 6-8. Under this agreement, Daikin Industries Limited will invest Rs 1,000 crore in Haryana to establish a new R&D centre, which will generate employment opportunities for the youth, a state government statement said here. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Department of Industries and Commerce, Haryana, and Shogo Endo, Deputy Managing Director, Daikin Industries Limited. The Haryana delegation members include Industries and Commerce Minister Rao Narbir Singh, Chief Principal ...
The proposed PM Mitra Park, coming up in Lucknow and Hardoi districts at an estimated cost of Rs 1,680 crore, will create more than 1 lakh jobs and attract investment worth Rs 10,000 crore, the Uttar Pradesh government said on Wednesday. The government said that the textiles park project is set to become both a boon for industries and an exemplary model of environmental conservation. The Centre has finalised setting up of PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks at seven sites, viz. Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navasari), Karnataka (Kalaburagi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow) and Maharashtra (Amravati) with an outlay of Rs 4,445 crore for a period of seven years up to 2027-28. The PM MITRA scheme aims to attract an investment of Rs 70,000 crore and create nearly 20 lakh direct and indirect jobs. "According to the government's proposal, the total cost of the project is estimated at Rs 1,680 crore. The park will be ...
India and the Kingdom of Saudi Arabia enjoy close friendly relations reflecting the centuries old economic and socio-cultural ties
Haryana Chief Minister Nayab Singh Saini will visit Japan from October 6 to 8, aiming to strengthen economic, industrial and cultural collaboration between his state and the country. The visit also seeks to attract investments, deepen cooperation in technology and manufacturing, and showcase Haryana as a leading destination for global investors. Saini will arrive in Tokyo on the morning of October 6 and begin his official engagements with high-level meetings at Japan's Ministry of Foreign Affairs and Ministry of Economy, Trade and Industry, said a state government statement. He will hold discussions with Miyaji Takuma, State Minister, Ministry of Foreign Affairs (MoFA), and Koga Yuichiro, State Minister for Economy, Trade and Industry, to explore avenues of cooperation in trade, investment and technology transfer. In the afternoon, Saini will participate in a series of programmes at the Embassy of India, Tokyo. The chief minister will also meet senior representatives of JETRO, AIS
As India deepens financial inclusion through digital tools, World Investor Week 2025 urges regulators and citizens to address behavioural biases, fraud risks, and digital trust gaps
Uttar Pradesh-based BL Agro, which mainly sells edible oils and processed food items, will invest Rs 3,000 crore to expand its business and achieve an aggressive target of growing its revenue 2.5 times to Rs 20,000 crore in the next five years. In an interview with PTI, CEO Navneet Ravikar said the company would make these investments to fund expansion plans across various food categories like rice and milk. BL Agro Group, which sells cooking oils under the brand 'Bail Kolhu' and processed food items under 'Nourish' and other brands, had a turnover of around Rs 8,000 crore in 2024-25 fiscal. The Bareilly-based family-owned group has plans to invest around Rs 3,000 crore in the next five years on expansion of several projects, which include setting up a rice business along with milk. It will also set up a 360-degree value chain with manufacturing to processing unit, along with a feed processing and CBG (Compressed Bio Gas) units, he said. As part of its growth strategy, the BL Agro
Gagan Banga spoke to outline what the investment means for the company and how it plans to leverage this capital to expand its business
The government has received Rs 1.15 trillion worth of investment proposals under the Rs 22,919 crore ECMS from 249 firms, with approvals and production set to begin soon
The nationwide study, conducted across 90,000 households in 400 cities and 1,000 villages, highlights that nearly 80 per cent of families prefer capital preservation to higher, riskier gains
Small business financier Hiranandani Financial Services (HFS) on Tuesday said it has raised Rs 800 crore from investment firm Vitruvian Partners. Vitruvian, which has backed the company through its Singapore platform, will get a minority stake in HFS, a statement said. HFS was founded by Harsh Hiranadani, son of Surendra Hiranandani who has interests in the real estate sector. The funding will help the NBFC deepen its footprint in smaller cities by offering secured lending products and also help the lender up its investments in technology and talent. The company operates a direct-to-consumer model, using data from multiple sources, automated credit rule engines, mobile-first assisted onboarding, and real-time KYC (know your customer) to underwrite borrowers. "The company's hybrid model, combining an on-the-ground presence with a strong digital technology stack, has proven both scalable and resilient," Kartikeya Kaji, who leads Vitruvian's India investing team, said. Harsh Hirana