Page 17 - Investment

Texas Instruments to invest $60 billion in US chip plants expansion

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 raises ₹65 crore to expand MSME lending in smaller cities

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

Datanomics: Private-sector collaboration to drive self-reliance in defence

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 crosses ₹1 lakh: What's next for the yellow metal? | Gold prices hit record highs | Investment

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 to invest ₹6K cr in Noida plant for electronics, appliances

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 ...

Mizuho on verge of buying majority stake in investment bank Avendus

Executives are hammering out details of a transaction that could be finalised as soon as this month and value Avendus at about $800 million

Telangana govt bags ₹2,150 cr investment in biotech, tech, fintech sectors

The investment is expected to promote innovation and growth, further positioning Telangana as a global hub for emerging industries

FoF expense structure not consistent across schemes, says DSP MF

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

Tata Motors to invest up to $4 billion over 5 years for EVs, new cars

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

Continental to infuse Rs 100 cr in India to boost passenger vehicle biz

The investment will support the development of tyres tailored to Indian market requirements, focusing on performance and quality standards

India's lofty equity valuations ride on stories, not fundamentals

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

LIC appoints Ramakrishnan Chandar as new Chief Investment Officer

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

HNIs aim for early retirement but low savings, planning hold them back

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

Not the time for concentrated bets, thematic funds: Mirae's Neelesh Surana

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

Fast off the blocks: Share sale activity hits 9-month high, tops ₹65k cr

Improvement in investor sentiment paves way for large secondary issuances

At Karni temple town, a platform for pilgrims and a national message

For any town which had to observe civil defence and blackout protocols during the week which saw incessant aerial warfare between India and Pakistan

South Africa's Sanlam invests ₹105 cr in Shriram AMC for 23% stake

Sanlam becomes co-promoter of Shriram AMC with ₹105 crore for 23% stake, raising total promoter holding to over 71%; Shriram AMC shares rise 10% on the news

Marwadi Chandarana to buy 75% stake in TruCap Finance for Rs 207 crore

Marwadi Chandarana Intermediaries Brokers has entered into an agreement to acquire 75 per cent stake in non-banking financial company TruCap Finance with an investment of Rs 207 crore. This investment includes a mix of capital infusion through preferential allotment of equity shares and convertible warrants, and a secondary purchase of 3.68 crore shares from the existing promoter group of TruCap, the NBFC said in a stock exchange filing. This transaction will trigger an open offer under the Sebi's rules. Following the investment, MCG will be classified as the new promoter, and the existing promoter group's stake will be reduced to zero. In its filing on Monday, the NBFC said, "Marwadi Chandarana Intermediaries Brokers Pvt Ltd, an entity of Marwadi Chandarana Group (MCG) has entered into definitive documents to acquire a majority stake (approximately 75 per cent) in TruCap Finance Ltd, a non-banking financial company". With a combined net worth of approximately Rs 2,500 crore, MCG

States' race for space investment may help sector hit $44 bn by 2033

This follows the opening up of space to private participatio­n in June 2020, the Indian Spa­ce Policy of 2023, and a luc­­r­ative foreign direct investment policy of February 2024

Sun Pharma to invest $25 million in Pharmazz Inc; raises stake to 22.7%

The company noted that the initial $10 million tranche, along with $7.5 million from the second SAFE tranche, will be invested by or before May 31, 2025