Page 13 - Investment

Jamshyd Godrej calls for deregulation, big reforms to boost investment

Jamshyd Godrej said India needs significant deregulation and more big reforms to drive capital expenditure, boost competitiveness and double its share in global trade

Sebi revises InvITs norms, minimum investment slashed to ₹25 lakh

Markets regulator Sebi has notified rules to reduce the minimum allotment lot in the primary market for privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh, aligning it with the trading lot size in the secondary market. Prior to this, the minimum allotment lot in the primary market for privately placed InvITs was Rs 1 crore or Rs 25 crore, depending on the asset mix. However, in an earlier round of reforms, the trading lot size in the secondary market had already been reduced to Rs 25 lakh, irrespective of the asset mix. Accordingly, this amendment introduces a uniform minimum allotment size of Rs 25 lakh in the primary market for all privately placed InvITs, harmonizing it with the secondary market norms. Also, the regulator, through separate notifications dated September 1, enhanced the ease of doing business for the activities of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) by amending rules. Under the norms, Sebi sai

Volkswagen in advanced talks with US for investment deal amid tariff woes

Chief Executive Oliver Blume hoped for a quick solution "because we need to take decisions right now for localising our business there," he said

Karnataka draws ₹12 trn in investments on robust economic climate: Study

Karnataka has attracted new investment proposals worth over Rs 12 lakh crore between financial years 2021-22 and 2024-25 due to the highly vibrant and progressive investment climate in the state, a study by the MSME Export Promotion Council has revealed. It said the investment climate in the state strongly supports robust foreign direct investment (FDI) along with strategic infrastructure projects, forward-looking policy frameworks, talent and innovation ecosystem. This has been revealed by a study on Investment, Development & Growth in Progressive Karnataka: 2021-22 to 2024-25 by the MSME Export Promotion Council, according to a release on Thursday. "During the said period, the new investment projects announced amounted to Rs 12,01,175 crore. Projects completed were worth Rs 1,40,476 crore, and pending projects valued at Rs 36,078 crore were revived during the period. Investment projects worth Rs 9,49,370 crore were under various stages of implementation. The data has been ...

JPMorgan to boost corporate banking presence in India on investment jump

JPMorgan, which counts India and Japan as its two fastest-growing Asian markets in terms of revenue from corporate banking, expects no let-up in growth despite US doubling tariffs on Indian imports

Amanta Healthcare IPO subscribed 19.60 times offer size on day 2 of offer

The initial public offer of Amanta Healthcare Ltd received 19.60 times subscription on the second day of bidding on Tuesday. The Rs 126-crore IPO got bids for 13,72,33,656 shares against 70,00,000 shares on offer, according to NSE data. The quota for non-institutional investors fetched 36.39 times subscription, while the category for retail individual investors (RIIs) subscribed 23.31 times. The Qualified Institutional Buyers (QIBs) portion received 53 per cent subscription. The company's initial public offering (IPO) has a fresh issue of up to 1 crore shares. The price range for the offer has been fixed at Rs 120-126 per share. The IPO will conclude on Wednesday. Beeline Capital Advisors is the book-running lead manager to the offer.

Mukand Sumi Special Steel to invest ₹2,345 cr in Karnataka greenfield plant

Mukand Sumi Special Steel on Monday said it will invest Rs 2,345 crore to set up a greenfield project in Kanakpura, Karnataka. Mukand Sumi Special Steel Limited (MSSSL) is a joint venture company between Japan's Sumitomo Corporation (49:51 per cent) and Jamnalal Sons Private Limited (Bajaj Group), which owns 51 per cent. "With this collaboration, MSSSL's productive potential will increase to 7,00,000 tonnes per annum, positioning it among India's pre-eminent special steel manufacturers," Mukand Sumi Special Steel said in a statement. The new facility, to be set up with an investment of Rs 2,345 crore, will produce special high-grade steel for automotives, railways, energy, oil & gas and bearings. The company will follow a zero liquid, solid, and gaseous discharge model, with over 95 per cent of energy needs met through renewables. "The new facility will allow us to serve growing demand with greater efficiency, quality, and environmental responsibility. It is a step forward in ...

Nuvoco Vistas to invest ₹200 cr to expand cement grinding capacity

Nuvoco Vistas Corp, the Nirma group's cement business, on Monday announced a Rs 200 crore investment to expand its grinding capacity by 4 MMTPA. The company, which is expanding its presence in Eastern India, will invest in a new cement grinding capacity through a new mill at the Arasmeta Cement Plant in Chhattisgarh, according to a statement from Nuvoco Vistas Corp. This will be complemented by a series of debottlenecking projects at Jojobera, Panagarh, and Odisha Cement Plants, it added. "Including a new mill, the company plans to add 4 MMTPA of grinding capacity through equipment upgrades, process improvements, and internal debottlenecking initiatives by the end of FY'27," it said. Following this, Nuvoco's cement capacity in the East will rise by over 20 per cent within the next one and a half years, increasing from 19 MMTPA (million tonnes per annum), it said. Commenting on the development, the company's Managing Director Jayakumar Krishnaswamy said: "With cement demand in Indi

Indian Oil plans ₹1.66 trn investment over 5 years for business growth

The investment will expand the company's core operations in oil refining and fuel marketing, along with ventures in petrochemicals, natural gas, and renewable energy

$67 bn in 10 years: Japan pledges long-term investment push in India

Modi-Ishiba talks yield 21 outcomes: From defence and critical minerals to high-speed rail and skill training

Datanomics: Higher investment needed to tread on 8% growth trajectory

India experienced its dream run of economic growth during 2003-10, barring 2008 when external shocks in the form of global financial crisis punctured India's high growth

Maharashtra signs ₹33,768 cr MoUs; industries to generate 33,000 jobs

Maharashtra Chief Minister Devendra Fadnavis on Friday said the state government has signed 17 memoranda of understanding (MoUs) with various companies, attracting investments worth Rs 33,768.89 crore that are expected to generate more than 33,000 jobs. The MoUs, signed in the presence of Fadnavis and Industries Minister Uday Samant, span diverse sectors including electronics, steel, solar energy, electric buses and trucks, and defence-related industries, which will come up in north Maharashtra, Pune, Vidarbha and Konkan. The chief minister assured investors that the state government is committed to providing a smooth experience in Maharashtra. The MoUs of Rs 33,768.89 crore are expected to generate 33,483 jobs. "We will not stop at signing agreements. The government will remain a partner at every stage of investment, ensuring there are no hurdles," he said. He highlighted the state's 'Maitri' portal, a single-window platform aimed at facilitating quick approvals for land, permiss

Uppal Group commits Rs 100 cr working capital to premium alcobev push

The liquor brand aims to have a bottling plant by the end of ongoing financial year 2026

Hitachi Energy to invest ₹300 crore to expand transformer material plant

Hitachi Energy India Ltd on Friday announced an investment of Rs 300 crore to enhance the manufacturing capability of high-quality transformer insulation materials in order to cater to the rising demand. In transformers, high-quality insulation material acts as a proactive barrier, keeping the flow of electricity safe and preventing internal short circuits. The investment is part of company's overall investment of Rs 2,000 crore for India announced in October 2024, Hitachi Energy India said in a statement. The company said the latest investment of Rs 300 crore in its insulation and components business will expand the manufacturing facility in Mysuru, Karnataka. The expansion will double the facility's capacity to produce EHV (extra-high voltage) class high-quality pressboard and laminated board, a vital insulation material used in power and distribution transformers. As part of the expansion, Hitachi Energy India will replace the fossil fuel boiler, making its Mysuru site an ultra

AI investment boom is boosting the real economy alongside stock markets

Companies will spend $375 billion globally in 2025 on AI infrastructure, the investment bank UBS estimates

Sonowal outlines $1 trillion maritime growth roadmap at Ambassadors' meet

Shipping Minister Sarbananda Sonowal on Wednesday urged global partners to view India as a hub for investment and innovation, highlighting the government's USD 1 trillion maritime investment roadmap. He was speaking at the Ambassadors' Roundtable Meet organised by the Shipping Ministry as a precursor to the forthcoming India Maritime Week (IMW) 2025, scheduled to be held in Mumbai next month. "India's maritime journey is entering a new chapter...our ports, shipping and logistics ecosystem is becoming more resilient, sustainable and future-ready," the Union Ports, Shipping and Waterways minister told the gathering. Underlining opportunities in India's maritime sector, Sonowal said, "We are working to transform our ports, shipping, and logistics ecosystem into one that is resilient, sustainable, and future-ready, and this opens vast avenues for international collaboration". "These opportunities open up a 1 trillion US dollars maritime investment roadmap, with strong potential for joi

Bihar needs private investment to sustain growth, says Nitish Mishra

Bihar Industry Minister Nitish Mishra outlines new land, policy, and startup initiatives to drive investment, job creation, and transform the state's economic landscape

Saudi Arabia, Qatar to invest in Lebanon if Hezbollah disarms: US envoy

Saudi Arabia and Qatar are ready to invest in an economic zone in south Lebanon near the border with Israel that would create jobs for members of the militant Hezbollah group and its supporters once they lay down their weapons, President Donald Trump's envoy to the Middle East said Tuesday. Tom Barrack made his comments in Beirut after trips to Israel and Syria where he discussed with officials there the ongoing situation in Lebanon following this month's decision by the Lebanese government to disarm Hezbollah by the end of the year. Hezbollah's leader rejected the government's plan, vowing to keep the weapons. On Monday, Israeli Prime Minister Benjamin Netanyahu said Israeli forces could begin withdrawing from territory they hold in southern Lebanon after the Lebanese government's momentous decision to disarm Hezbollah. The US-backed Lebanese army is preparing a plan for Hezbollah's disarmament that should be ready by the end of August. The government is expected to discuss the ...

Vodafone Idea unit in talks to raise $570 million via short-term bonds

The unit of India's third-largest wireless carrier plans to issue bonds with tenors of two and three years, raising ₹30 billion and ₹20 billion, respectively, the sources said

Suzuki to invest ₹70,000 crore in India in next 5-6 yrs: Toshihiro Suzuki

The announcement came after Prime Minister Narendra Modi flagged off the first 'e-Vitara', the first Battery Electric Vehicle, in Ahmedabad today