Page 17 - Investment

Pratilipi raises $20 million to expand Indian language storytelling

The company expects this to be its final primary funding round ahead of a potential public listing

HDFC Mutual Fund leverages WhatsApp to ease online investment process

At present, the facility is only available to HDFC MF's existing know your customer (KYC)-verified investors

Debt-plus-arbitrage FoFs offer tax edge for moderate-risk investors

The government took away the indexation benefit of debt funds from April 1, 2023

Gruhas leads Rs 12.5 crore investment in content commerce startup LehLah

LehLah operates as a creator-driven platform that allows influencers to monetise their content through curated product recommendations

Tax benefits, infra boost outside metros drive a second home boom

Offering tax benefits for non-resident Indians and an appealing alternative to domestic buyers, these properties are increasingly seen as both a lifestyle upgrade and a strategic financial asset

BirlaNu plans to invest up to Rs 1,300 cr in next 3 yrs, eyes acquisitions

CK Birla Group home and building material solutions firm BirlaNu Ltd plans to invest up to Rs 1,300 crore in the next three years as part of its strategy to double sales in 3-4 years time, according to top company officials. The company, which had recently renamed itself as BirlaNu Ltd from erstwhile HIL Ltd and undertaken a rebranding exercise, is also scouting for acquisition opportunities to fuel its growth, BirlaNu Ltd President Avanti Birla told PTI. "We are widening our positioning and going further, in a two-fold manner -- in our own products and we're also looking externally at diversifying, other products (and) potential acquisitions," she said when asked about the future roadmap. Asked if any acquisitions are being considered at the moment and how much war chest has been prepared, she said, "It is just part of our expansion...when it comes to the external market, there is no particular number as such right now but we are always looking for opportunities that come to us at

Haldirams to sell 10% stake to Temasek in deal valuing firm at $10 bn

Haldirams is also in advanced-stage talks to sell another 5-6 per cent stake for around $500 million

Karnataka clears projects worth Rs 3,500 cr, aims to generate 24,954 jobs

Karnataka government has approved 69 projects with a total investment of Rs 3500.86 crore during the 152nd meeting of the state-level monitoring committee held here on Saturday. These projects approved under the leadership of Minister for Large, Medium Industries, and Infrastructure Development M B Patil are expected to create employment opportunities for approximately 24,954 people across the state, a statement from the minister's office said. Among the notable approvals are Jyoti CNC Automation Limited, which plans to invest Rs 285 crore on machine tool centre with an employment of 3,394 people, and Karnataka Soaps and Detergents Ltd plans to invest Rs 250 crore in manufacturing of soaps and detergents. Hindustan Coca Cola Beverages Private Limited plans to invest Rs 249 crore in manufacturing of beverages. With these projects, Patil reaffirmed the government's commitment to facilitating industrial investments and strengthening Karnataka's economy by supporting high-impact projec

CPP Investments to invest Rs 2,080 cr in National Highways Infra Trust

CPP Investments is a global investment management organisation. This is CPP Investments' third follow-on investment since its initial investment in NHIT in 2021

Clean lessons in investing, told through crisp and compelling tales

Facts and figures presented in isolation tend to be forgotten quickly. When conveyed through storytelling, they become memorable

Chhattisgarh govt woos companies from Bengaluru to invest in state

Representatives from companies such as BEML, Gokaldas Exports and Britannia praised the state's business-friendly policies and infrastructure support

How goal-based investments are taking a front seat in wealth management

Based on the identified goals and risk profiles, investors can construct diversified portfolios that optimise returns while minimising risks associated with each specific goal

Actis buys Stride's solar portfolio in India at $325 mn enterprise value

The deal's equity value is around $163 million

Market quicksand: Smallcap mutual funds trapped in deep liquidity mud

Stress test data shows that the 10 largest smallcap schemes now take an average of 37 days to liquidate half their portfolios, up from 28 days in September 2024

A broad-based market rally flexes its muscles: Strength or just a stretch?

The ADR, a key measure of market breadth, tracks the number of advancing stocks against decliners

Carysil plans to invest Rs 500 crore to increase production capacity

Premium kitchen solutions provider Carysil plans to invest Rs 500 crore to increase manufacturing capacity of kitchen sinks, faucets and appliances segment as part of its long-term growth strategy in India, according to a statement by the company. Under the programme, Carysil has earmarked Rs 100 crore to double its sink manufacturing capacity from 1 million to 2 million units per year, it said. Another Rs 50 crore will be invested for expanding its stainless steel sink production to 2.5 lakh units annually, the company added. To enhance kitchen faucet production to 50,000 units per year, Rs 30 crore will be invested and another Rs 20 crore towards manufacturing 50,000 built-in kitchen appliances per annum, the statement said. "Our vision is to establish Bhavnagar as the largest global hub for kitchen sink manufacturing. 'Make in India' is at the core of our growth strategy, and we are committed to raising the bar in quality and innovation in kitchen solutions," Carysil Ltd Chairm

Johnson & Johnson increases US investment to over $55 bn over next 4 yrs

Johnson and Johnson, US healthcare's leading, most comprehensive innovation powerhouse, announced on Friday that it will invest more than USD 55 billion in manufacturing, research and development, and technology in the United States over the next four years.According to Johnson and Johnson's statement, this represents a 25 per cent increase in investment compared to the previous four years and builds upon the Company's already elevated US investment levels resulting from the passage of the 2017 Tax Cuts & Jobs Act."Today's announcements accelerate our nearly 140-year legacy as an American innovation engine tackling the world's toughest healthcare challenges," said Joaquin Duato, Chairman and Chief Executive Officer of Johnson and Johnson. "Our increased US investment begins with the ground-breaking of a high-tech facility in North Carolina that will not only add US-based jobs but manufacture cutting-edge medicines to treat patients in America and around the world."In addition to

IndiGrid to raise Rs 4,200 crore to acquire transmission and solar assets

Rating agency ICRA has assigned an "AAA" rating to the proposed debentures

Investment summit MoUs of Rs 2.25 trn in groundbreaking, implementation

The 'Rising Rajasthan' Global Investment Summit 2024, held in December last year, resulted in MoUs in different sectors worth around ₹35 trillion

Edtech firm MSM Unify plans $20 mn investment to expand biz in India

Global education firm MSM Unify on Wednesday announced a plan to invest USD 20 million (around Rs 173 crore) to expand business in India. As part of this initiative, MSM Unify said it has set up three major offices in Noida, Gurgaon, and Ahmedabad and employed 175 professionals. The company has already invested USD 4 million so far and is ramping up operations to hire an additional 175 professionals by the next financial year, it said in a statement. With an ambitious roadmap, the company is set to launch 250 student recruitment franchises across India, with the first three in Pune, Vashi (Maharashtra), and Anand (Gujarat). Sanjay Laul, Founder of MSM Group, said that India is at the forefront of global education and universities worldwide are not only recruiting Indian students but are also keen on setting up campuses here. "With our USD 20 million investment and 250 planned franchise locations, MSM Unify is creating India's largest student recruitment ecosystem, ensuring every .