Page 24 - Investment

High valuations may challenge India's 25-year lead in real returns

China was unable to deliver returns when its economy was on fire, and today it faces geopolitical challenges

Robotics, precision manufacturing hot bets for investors: Accel's Prakash

Accel's Prakash says India will become precision manufacturing powerhouse for aerospace and defence in next few years

Blackstone to buy stakes in natgas producer EQT's pipelines for $3.5 bn

The Pittsburgh-based company had a net debt $13.6 billion as of Sept. 30. EQT said in July it planned to cut its debt load by $5 billion through cash it generated from operations and asset sales

Strategy for FDI by Indian firms: A 2x2 classification for the leadership

Watching global firms utilising services production in India offers insights into the role of FDI

Assam to host business summit in February, PM Modi to inaugurate: CM Sarma

Assam will be hosting a two-day business summit in February next year with a focus on attracting investment and developing the state's infrastructure, Chief Minister Himanta Biswa Sarma said here on Sunday. He said Prime Minister Narendra Modi will be inaugurating the 'Advantage Assam 2.0 - the Global Infrastructure and Investors' Summit' on February 24, with Union Finance Minister Nirmala Sitharaman to be invited for the valedictory session. "We hosted the first 'Advantage Assam' investment summit in 2018, which led to agreements for investments of Rs 1 lakh crore. But due to the COVID pandemic, we could not hold any follow-up meet, even though the state has been attracting investments," Sarma said, addressing a press conference here. He maintained that good governance and peace have contributed to the state emerging as an investment destination. "Taking it forward, we will be hosting the two-day summit in February. The prime minister has already accepted our invitation, and we ar

Investing in ETFs: Ensure low tracking error, alignment with risk appetite

Investors should approach ETFs as long-term investments and avoid frequent trading

Are non-financial firms' financial investments here to stay, or at risk?

There are two ways of looking at this problem - first, has the composition of reported income changed? And second, has the composition of assets changed?

Bihar Business Connect from Dec 19-20, over 80 nations likely to take part

Participants from over 80 countries are expected to attend the upcoming 2nd edition of Bihar Business Connect to be held from December 19-20, 2024 at the state capital Patna. The two-day event will be attended by Union ministers, secretaries of central ministries along with major industry associations, said a state government official. At a review meeting held on Thursday, the state chief secretary laid down the coordinated plan for all the departments of the state in order to make the event a successful one. This was the second review meeting with the chief secretary, said people aware of the development. The state industries secretary initially briefed about the preparations of the Bihar Business Connect (BBC) 2024. A website has already been launched for registrations, which began on November 12. Last year 3,000 people had registered on the BBC website and this year the target has been set at 5,000 and so far invitations to 82 countries' embassies have been sent, an official .

EPFO net member addition rises 9.33% to 1.88 million in September

Retirement fund body EPFO logged 9.33 per cent growth in net member additions in September at 18.81 lakh compared to the year-ago month, showed payroll data released on Wednesday. Employees' Provident Fund Organisation (EPFO) enrolled around 9.47 lakh new members in September 2024, representing an increase of 6.22 per cent over September 2023, the labour ministry said. This surge in new memberships can be attributed to growing employment opportunities, increased awareness of employee benefits and EPFO's outreach programmes, it noted. According to the statement, EPFO has released provisional payroll data for September 2024, revealing a net addition of 18.81 lakh members. This represents a 9.33 per cent year-on-year (YoY) growth compared to September 2023, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO's effective outreach initiatives. A noticeable aspect of the data is the dominance of the 18-25 age group, which ...

Karnataka inked MoUs bringing in Rs 46,375 cr investments: Siddaramaiah

Karnataka Chief Minister Siddaramaiah on Wednesday said the state has prioritised economic development by signing 21 MoUs with various organisations, bringing in investments worth Rs 46,375 crore with potential to generate 27,170 new jobs, since his government assumed office last year. Speaking at the inauguration of the 78th Annual Technical Meet of the Indian Institute of Metals (IIM), he said Bengaluru stands as a symbol of technological and industrial progress. "It is only fitting that we host this prestigious event, bringing together over 1,700 experts dedicated to shaping the future of metals and materials," he said. The Chief Minister said the theme, Transformational Technologies in Materials and Manufacturing, of the three-day conclave underscores the critical need to envision and implement pioneering solutions to navigate the complexities of a rapidly evolving world. "The materials and manufacturing sectors are pillars of economic growth and national resilience. Their

Market regulator Sebi notifies pro-rata distribution norms for AIFs

AIFs are niche investment vehicles for affluent investors with high entry barriers. These investments are drawn and deployed in tranches based on the investment opportunity

RMZ, Colt DCS to invest $1.7 billion in Indian data centre market

The data centres will have a combined capacity of approximately 250 MW on completion

hBits announces Rs 54.66 cr Grade A investment in MMR's growing BFSI demand

hBits' latest Grade A commercial asset is located at Ashar IT Park, Wagle Estate, Thane

UK plans to create pension megafunds to unlock $100 bn for investment

British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the UK's subpar economic growth. Reeves said in her speech to finance leaders in central London that the creation of so-called megafunds will represent the biggest pension reform in decades. In her first so-called Mansion House speech, an annual ritual for British chancellors of the exchequer, Reeves said the changes could help unlock 80 billion pounds (USD 100 billion) for investment. Pension funds invest in a variety of assets, such as shares, bonds, real estate and infrastructure, in an attempt to increase the retirement benefits for their members. The proposed merger of 86 local authority pension funds in England and Wales has echoes in Australia and Canada, where pension funds are widely seen to have taken advantage of their bigger size to invest in assets and boost growth. By 2030, the new ..

Jabil signs MoU with Gujarat govt, to invest Rs 1,000 cr at Dholera unit

The Gujarat government on Thursday signed an MoU with a leading EMS company Jabil to set up its electronics manufacturing services (EMS) unit with Rs 1,000 crore investment in Dholera Special Investment Region (DSIR). The MoU was signed between Gujarat's Science and Technology Department and Jabil in presence of Chief Minister Bhupendra Patel, an official release said. The MoU, signed between the Gujarat Science and Technology Department and Jabil -- a global leader in engineering, manufacturing, and supply chain solutions -- outlines an investment of Rs 1,000 crore in the DSIR. The new unit of Jabil will focus on sectors, including networking, capital goods, automotive, and other allied industries, the release said. Jabil's new unit is expected to commence its operations in Dholera by 2027, and it is likely to create about 5,000 employment opportunities, it said. Jabil Operations Director B N Shukla, and Mission Director of the Gujarat State Electronics Mission (GSEM) Manish Gurv

Sebi mulls raising investment limit by angel fund in startup to Rs 25 cr

Markets regulator Sebi on Wednesday proposed raising the maximum investment limit by an angel fund in a startup to Rs 25 crore, a move that can provide a boost to the new-age technology companies. It has been proposed that the minimum investment limit should be reduced to Rs 10 lakh from Rs 25 lakh at present and that the maximum investment limit be increased to Rs 25 crore from the current Rs 10 crore, Sebi said in its consultation paper. Additionally, the regulator has proposed allowing only "accredited investors" to invest in angel funds, looking to rationalise their fundraising processes, strengthening disclosure as well as governance requirements and providing operational clarity and investment flexibility. These proposals aim to restrict angel funds to investors with commensurate risk appetite and ability to evaluate investment proposals, while also enhancing the ease of doing business in this space, Angel Funds, a type of Category I AIFs - Venture Capital Funds, provide capit

BlueGreen Ventures launches $75 mn maiden fund, expects final close in 2025

Venture Capital entity BlueGreen Ventures on Wednesday said it has launched a maiden USD 75 million, about Rs 633 crore, fund for investment in early-stage startups. The fund has been launched by operators-turned-investors Rajeev Suri and Anup Jain who were managing partners at Orios Venture Partners. "The USD 75 million fund was approved by SEBI about a month back. We expect to close the fund same time next year," Jain said. The new fund claims to be backed by Global CEOs and CXOs from Fortune 500 companies, along with successful startup founders from India, the firm said in a statement. "We are privileged to have the full support of the ecosystem as we approach our first close, set to be announced shortly. They have placed their trust in us, recognising our commitment, values and passion for partnering with founders to create success stories. "We are also deeply grateful for the extensive backing we have received from angels, government bodies, fellow VCs (venture capital firms)

Volkswagen raises its investment in Rivian by 16% to $5.8 billion

Shares in the US EV maker, valued at over $11 billion, rose nearly 9 per cent in extended trading

Metropolis Healthcare plans to expand reach to 1,000 towns in 18 months

The firm aims to strengthen its presence in tier 2 and tier 3 cities, supported by an investment of approximately Rs 65 crore

Chhattisgarh's ambitious IT project finally takes off after two decades

According to IT experts, the initiative taken by the government would certainly accelerate the project