The investment tool is being launched soon; it blends mutual fund oversight with hedge fund-like strategies
Bollywood actors Ranbir Kapoor and Aamir Khan, as well as cricket players Rohit Sharma and Jasprit Bumrah, have invested in power transmission firm Karamtara Engineering's pre-IPO round. Karamtara Engineering is a backwards-integrated manufacturer of products for the renewable energy and transmission lines sectors. It offers a diverse product portfolio, which enables it to serve as a one-stop shop for solar structures (fixed-tilt and trackers). The company offers lattice structures for transmission lines, fasteners for solar, wind, transmission and industrial sectors, and overhead transmission line hardware fittings and accessories. As part of the transaction, the company's promoters, Tanveer Singh and Rajiv Singh, have transferred an aggregate of 34,09,724 equity shares at Rs 310 apiece for an aggregating amount of Rs 106 crore, by way of a secondary sale, according to a public announcement. Of these shares, Kapoor has bought 1,61,300 shares worth Rs 5 crore, Khan picked up 1,29,0
The fund will invest in the pilot stage of 20 for-profit companies and ideas working in the areas of cooling, buildings, and freight which are market-ready
This marked the second-highest jump across states in a year that saw overall new investment plans in the country rise by 25.35 per cent to ₹44.15 trillion
The Madhya Pradesh government has received investment proposals worth about Rs 20,000 crore, with a potential to create 75,000 jobs in the state, in the technology sector, Chief Minister Mohan Yadav has said. Yadav was speaking with reporters after attending the daylong Madhya Pradesh Tech Growth Conclave 2025' in Indore on Sunday. We have received investment proposals worth about Rs 20,000 crore in this conference. The implementation of these proposals will create about 75,000 jobs, he said. Yadav said that more than 500 companies participated in the event organised to promote investment in the technology sector. During this conference, he said, an incentive portal was introduced to provide integrated facilities to investors. Besides, guidelines were also issued for the state's global competence centre policy, semiconductor policy, animation, visual effects, gaming, comics, extended reality policy and drone policy, the CM said. Yadav announced that the state government will formu
CM Dhami said that a venture fund of Rs 200 crore has been set up to boost entrepreneurship in the state
TRB Rajaa, minister for industries, investment promotion and commerce said that the electronics giant would be adding 100 more jobs at this facility
The company, valued at $62 billion according to Tracxn, also plans to increase its headcount in India by more than 50 per cent to 750 by the end of this financial year
The government is working to reduce the regulatory issues in the logistics sector to enhance ease of doing business, and attract more investments, a senior government official said on Thursday. Addressing an event here, Department for Promotion of Industry and Internal Trade (DPIIT) joint secretary Pankaj Kumar said discussions are underway to make the PM Gati Shakti data more accessible to the private sector. "We are working to further reduce the regulatory issues (in the logistics sector) to enhance ease of doing business and attract more investments," Kumar said. Observing that India is a complex and geographically huge country, he said logistics is all about transporting both people and goods from one place to another quickly so that lives can be saved, and businesses thrive, leading to a better quality of life. "You can get groceries delivered to you in 10 minutes, but cannot reach the hospital in 10 minutes," Kumar said. He said there are several other initiatives being take
The State of the Economy report in the April 2025 bulletin noted that Singapore was the largest source of equity inflows with a share of 29.8 per cent, followed by Mauritius and the US
The report also stated that the liquidity measures undertaken by the central bank since mid-January have helped to maintain orderly conditions in the money market
Toshiba Energy Systems on Monday said its arm Toshiba Transmission has inked an initial pact to invest about Rs 562 crore to expand manufacturing capacity in Telangana. The memorandum of understanding (MoU) signing ceremony was held in Tokyo in the presence of Telangana Chief Minister Anumula Revanth Reddy and Hiroshi Furuta, Chairman and Managing Director, Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI). TTDI, a subsidiary of Toshiba Energy Systems & Solutions Corporation (Japan), has signed the MoU with the Telangana government on April 18, 2025, to advance its previously announced investment of JPY 10 billion (Rs 562 crore) for expanding its manufacturing capabilities in the state, according to a statement. "This MoU will bolster Toshiba's manufacturing footprint in India and contribute to local employment and skills development. With strong support from the Government of Telangana, we are poised to accelerate our manufacturing capabilities and ...
Sebi order alleges misleading disclosures, fraudulent trades, fund diversions helped promoters offload their stake onto unsuspecting investors
Fund houses had earlier attracted inflows into S&T funds through new fund offers (NFOs), a strategy that is now losing traction
This integration 'marks a significant step toward making mutual fund investments more accessible, affordable, and inclusive', says the company
Assam Chief Minister Himanta Biswa Sarma met Adani Group director Jeet Adani on Sunday and discussed the investments of Rs 50,000 crore proposed by the conglomerate during the state's business summit in February. Sarma said the state government was expecting that the proposals given by the Adani Group for investment in various sectors would become a reality soon. "During #AdvantageAssam2, the Adani Group made a Rs 50,000 cr investment commitment. Today along with my senior officers we had an in depth meeting with Mr Jeet Adani, Director of Adani Group, and his team to operationalise this commitment," he said in a post on X. "We expect the MoUs which we signed related to significant investments in developing an aero-city, hotels, cement plant and key infrastructure projects, will take off soon," he added. Adani Group Chairman Gautam Adani had announced that the conglomerate will invest Rs 50,000 crore across various sectors in the state, addressing the inaugural function of the ...
Memorandums of Understanding worth Rs 17,432 crore were signed during the District Investment Summit in Maharashtra's Chandrapur, an official said on Saturday. The amount is higher than the Rs 14,000 crore target given to Nagpur division, of which Chandrapur is a part, and is possibly the highest for any district in the state, he added. 'During the summit, which was held on Friday, 12 MoUs were signed, including seven related to the steel sector. Nagpur division accounts for 60 per cent of the state's mineral wealth. Around 75 per cent of this mineral wealth is in Chandrapur and Gadchiroli," MLA Sudhir Mungantiwar said. "These MoUs are just the beginning. The district administration will provide full cooperation to entrepreneurs. These industries will help in generating employment in the district. An Investment Promotion Committee has been established in the district to solve difficulties," Collector Vinay Gowda said. "The MoUs were signed with Greta Energy (worth Rs 10,319 crore .
The Congress on Friday accused the Modi government of destroying domestic investment and also causing a "near annihilation" of Foreign Domestic Investment through its practice of "another type of FDI -- Fear, Deceit, and Intimidation". In a post on X, AICC General Secretary (Communications) Jairam Ramesh said the net FDI in India during April to January 2024-25 was only USD 1.4 billion, against USD 19 billion from April-January 2012-13, when the Congress-led UPA was in power. "The Modi Government's destruction of Domestic Investment (DI) has been accompanied by a near annihilation of FDI (Foreign Domestic Investment) through its practice of another type of FDI (Fear, Deceit, and Intimidation)," Ramesh said in his post. "In Apr-Jan 2012-13, net FDI in India was USD 19 billion. In Apr-Jan 2024-25, net FDI in India was under USD 1.4 billion," he said. He claimed the Modi government achieved this distinction even before President Trump took over in January 2025. "During Biden's ...
Its top conviction picks include Reliance Industries, TVS Motors, Shriram Finance, ICICI Bank and Adani Ports and SEZ
In all five SIPB meetings held so far since TDP-led NDA government was formed, 57 organisations have been given approval for investments to tune of Rs 4.71 trillion, which will create 4.17 lakh jobs