Australia tops global investment curiosity, but India ranks 13th with rising stock and crypto interest, as young investors drive online searches for wealth tools
The Rs 852-crore IPO is a mix of fresh issue worth Rs 400 crore and an offer for sale of Rs 452 crore
Crisil, the provider of ratings, data, research, analytics and solutions, has invested Rs 33.25 crore to acquire a minority stake in Online PSB Loans Ltd (OPL). In December 2024, Crisil had announced its intention to invest. OPL is a digital credit infrastructure company that develops and integrates advanced technologies, transforming the credit ecosystem through end-to-end automation, Crisil said in a regulatory filing. The company facilitates ease of credit delivery to micro, small and medium enterprises (MSMEs) and retail borrowers through unique analytics and artificial intelligence/machine learning-based solutions, enabling faster credit decision making, it said. OPL's offerings enable financial institutions to enhance their MSME lending infrastructure, it said. The platform's existing group of shareholders include several prominent financial institutions, including public and private sector banks, credit bureaus and government organisations.
E-waste recycling company Attero plans to invest Rs 100 crore to scale up its rare earth recycling capacity to 30,000 tonnes from 300 tonnes over the next 12 to 24 months, a top official of the firm said on Thursday. China in April imposed restrictions on exports of rare earth, a critical mineral used in manufacturing of electronic, automobile and other technology products. Attero CEO and Co-Founder Nitin Gupta told PTI that the investment is in line with demand in the market for rare earth magnets, for which industries in India and across the world like electronics, automobile etc are entirely dependent on supplies from China. "With our existing capability and technology leadership, we are ready to scale our REE recycling capacity from 1 to 100 tonnes per day to reach a total of 30,000 tonnes annually and explore further expansion as demand accelerates. We plan to invest Rs 100 crore towards this expansion," he said. The company will focus on extraction of rare earth minerals such
India has 41 clean industry projects spanning green ammonia, hydrogen production and sustainable aviation fuels, yet faces challenges in converting announcements into operational facilities
funds will be used to build or expand seven chip-making facilities in Texas as well as Utah, and will create 60,000 jobs, TI said on Wednesday
Techfino to use fresh funding from Stellaris and Saison Capital to scale secured loans, expand branches, and boost tech-led lending in underserved MSME markets
Defence Minister Rajnath Singh recently said that India's annual defence production reached an all-time high of ₹1.46 trillion in FY25, nearly doubling from ₹0.74 trillion in FY17
Gold has hit a record high in India. On the Multi Commodity Exchange of India, gold futures have touched around ₹1,00,290 per 10 grams.
Amber Enterprises has planned an investment of Rs 6,000 crore to set up a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar, according to a state minister. Uttar Pradesh's Industrial Development Minister Nand Gopal Gupta on Thursday said he held a meeting with Amber Enterprises promoter Jasbir Singh in Lucknow a day ago. The company plans to establish units for PCB assembly, home appliances, and consumer electronics production as part of this investment, an official statement quoted the minister as saying. "This Rs 6,000 crore investment will open new avenues of growth and prosperity in the state," Gupta said, terming it a significant milestone in Uttar Pradesh's industrial transformation. The Yamuna Expressway Industrial Development Authority (YEIDA) has already issued a Letter of Intent (LoI) for 100 acres of land in Sector 8, Noida for the proposed facility. This land is close to the upcoming airport in Jewar, along the ...
Executives are hammering out details of a transaction that could be finalised as soon as this month and value Avendus at about $800 million
The investment is expected to promote innovation and growth, further positioning Telangana as a global hub for emerging industries
DSP Mutual Fund warns that expense ratios of some fund of funds schemes may not reflect the total cost due to hidden charges in underlying funds, urging transparent disclosure
India, the world's third-largest car market, is planning stricter emission norms starting 2027 and wants EVs to form 30% of all car sales by 2030
The investment will support the development of tyres tailored to Indian market requirements, focusing on performance and quality standards
Those looking for short-term trading opportunities may not care about rational analysis from brokers as long as the prognosis is cheery enough to draw in other punters
As CIO of the Life Insurance Corporation of India, Ramakrishnan Chandar will oversee one of the country's largest investment portfolios spanning multiple asset classes
A Marcellus and Dun & Bradstreet survey shows that Indian HNIs want early retirement and education abroad for children, but poor saving habits and planning hinder goals
Discretionary segments, he believes, may rebound as interest rates fall, rural incomes improve, and the government steps in with measures such as tax cuts and the Eighth Pay Commission
Improvement in investor sentiment paves way for large secondary issuances