Page 24 - Investment

Abu Dhabi's $1 trn sovereign investor seeks innovation in private credit

The new fund launches followed a surprise filing from Apollo Global Management Inc. and State Street Corp. in September for an ETF that will include private credit investments

MapmyIndia parent scraps plan to invest in outgoing CEO's firm, shares rise

MapmyIndia powers Apple Inc's maps in the country and garners 99 per cent of its revenue from providing map-related services to other businesses

K'taka minister Patil discusses investment prospects with German companies

As part of the global roadshow for 'Invest Karnataka 2025' drive, Minister M B Patil-led a high-level delegation has visited Germany to promote the state as a premier investment destination, officials said on Saturday. The visit was aimed at strengthening Karnataka's international economic ties and attracting global investments across key sectors, they said. A statement shared by the Minister's office said that the delegation visited a manufacturing facility of Index-Werke, a global leader in CNC (Computerised Numerical Control) machining. The company provided a detailed overview of its operations and showcased flagship products, including a 64-axis CNC machine. Highlighting Karnataka's strong machine tool ecosystem, which commands a 52 per cent market share in India, Patil has urged Index-Werke to establish a manufacturing facility in the state. The Minister for Large and Medium Industries also emphasised the opportunities offered by Karnataka's Tumakuru Machine Tool Park (TMTP) a

India, Norway to discuss ways to increase trade, investment ties on Monday

India and Norway will on Monday discuss ways to enhance trade and investments ties between the two countries, an official statement said on Saturday. The talks will be held between Commerce and Industry Minister Piyush Goyal and Norwegian industry delegation led by May-Elin Stener, Ambassador of Norway to India. The India-Norway Business Roundtable will be be held in Mumbai. "Minister Goyal is expected to hold discussions on key opportunities and trends for further Norwegian investments in India, and potential areas of collaboration," the commerce and industry ministry said. A significant focus of the discussion will be on the recent Free Trade Agreement (FTA) between India and the EFTA countries, which holds immense potential for both nations, it said. "India is particularly keen on attracting USD 100 billion in investments from the EFTA countries, as outlined in the agreement," it added. It said the two sides will assess the opportunities in investment partnerships in logistics

Union Budget 2025-26: Economists stress need for manufacturing policy

Call for reining in food inflation and raising investment in pre-Budget talks

EPFO's investible corpus more than doubled in 5 years to Rs 24.75 trillion

Number of active contributing subscribers grew by 7.6 per cent to 73.7 million in FY24 from 68.5 million in FY23

Rajya Sabha passes bill to boost investment in oil and gas exploration

The Rajya Sabha on Tuesday passed a bill that seeks to amend existing law governing exploration and production of oil and gas, and delink petroleum operations from mining operations to boost investment in the sector. The Oilfields (Regulation and Development) Amendment Bill, 2024, introduced in the Rajya Sabha in August this year, was passed by a voice vote. Replying to the debate on the bill, Oil Minister Hardeep Singh Puri said that the oil and gas sector involves high investment and long gestation period. "We need oil and gas sector 20 more years. We need to bring this legislation here to provide a win-win confidence not only to our own operators but also to foreign investors so that they can come and do business here with view to benefit everyone," Puri said. He said policy stability, dispute resolution and sharing of infrastructure , especially for small players are new provisions in the bill. He also explained the point of helium raised by members, saying that mineral oils

BlackRock to buy HPS Investment for $12 bn in major private credit push

Private credit has grown rapidly in recent years as stricter regulations made it more expensive for traditional lenders to finance riskier loans

Tech investments are the future of hybrid work: Knight Frank's Lee Elliott

He highlighted that private wealth investors are diversifying portfolios and prioritising stable, income-generating assets

FDI inflows increase 45% to $29.79 billion during Apr-Sep quarter

Foreign direct investment in India rose by 45 per cent year-on-year to USD 29.79 billion in April-September this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at USD 20.5 billion in April-September 2023-24. In the July-September quarter, the inflows grew by about 43 per cent year-on-year to USD 13.6 billion against USD 9.52 billion in the same quarter last fiscal. The foreign direct investment in India was up 47.8 per cent to USD 16.17 billion in the April-June quarter. Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 28 per cent to USD 42.1 billion during the first half of this fiscal from USD 33.12 billion in April-September 2023-24, the Department for Promotion of Industry and Internal Trade (DPIIT) data showed. During the April-September period this financial year, FDI equity inflows rose from major countries, including Mauritius (USD 5.34 billion against USD 2

K'taka minister MB Patil discusses investment prospects with UK companies

Karnataka Minister for Large and Medium Industries M B Patil on Saturday engaged with top global companies in the United Kingdom during a roadshow held to highlight Karnataka's investment potential across the aerospace and defense, automotive, and education sectors, officials said. As part of the 'Invest Karnataka 2025' roadshow, Patil, who is currently in London, invited leading organisations, emphasising Karnataka's robust infrastructure, business-friendly environment, and forward-thinking initiatives such as the Knowledge, Wellbeing, and Innovation (KWIN) City project. During a meeting with the Rolls Royce Group, the Minister showcased Karnataka's thriving aerospace and defence ecosystem, focusing on composite manufacturing. A detailed presentation highlighted the state's ease of doing business and attractive incentives, which received positive feedback from Rolls Royce's leadership. Discussions focused on Karnataka's strategic role in the company's future India investment plans,

Earth or Mars? The future lies in choosing where, and who, we want to be

The question isn't just where we should invest - it's who we want to be.

Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months

The expiry of the lock-in period could have implications for these companies, as some investors might look to sell their holdings

Italian companies invested $6.5 bn in India: European House Ambrosetti

The European House Ambrosetti group's senior partner Lorenzo Tavazzi on Friday said Italian companies have invested USD 6.5 billion in India, which speaks of the importance accorded to the world's fastest growing major economy, and stressed that there are a lot of opportunities for growth. Tavazzi, who heads TEHA's Scenarios and Intelligence Areas, was speaking in Mumbai after the inauguration of the Villaggio Italia exposition, being held to coincide with the port of call of Amerigo Vespucci, an Italian Navy ship used for training and supporting national diplomacy. Speaking at a panel discussion curated by top Italian news agency ANSA in connection with the ship's arrival in Mumbai, Tavazzi said Italy can help India's aspirations on the energy transition and transport fronts with its expertise in sustainable technologies and also high-speed rail. Alessandro Giuliani of SDA Bocconi Asia Center, a Mumbai-based management education institute, said that given the commonality on the ...

BS Samriddhi 2024: Uttar Pradesh gets working to be India's 'growth engine'

A transformation is underway in the state, where investments, infrastructure, and innovation converge to redefine its economic future

UP has extensive land bank for industries: UPSIDA CEO Mayur Maheshwari

UPSIDA CEO Mayur Maheshwari spoke about plans to help industries

Investments in UP spread across regions: Minister Nand Gopal Gupta 'Nandi'

The minister shared details of the steps taken to boost the economy, exports, and industries in UP

No discussion yet on investments by Tesla, Starlink in India, says Goyal

Commerce and Industry Minister Piyush Goyal on Thursday said that no discussion has taken place with regard to investments by American tech billionaire Elon Musk-owned Tesla and Starlink. Goyal, who was addressing a press conference here in the Capital, stated that as both issues were handled by different ministries, he had no personal knowledge of what was happening. "We haven't had any discussions to the best of my knowledge...," the minister said while responding to a query regarding any update on possible investment by Tesla and Starlink. Goyal further said, "...but both these subjects are handled in different ministries. The Heavy Industries Ministry looks after automobiles and Starlink will be handled by the Space Department. So, I don't have personal knowledge of what is happening ..." Earlier in April, Musk had pulled out from a much-hyped planned visit to India, including a meeting with Prime Minister Narendra Modi, at the last moment citing "very heavy Tesla obligations".

PM Modi to inaugurate Rising Rajasthan Global Summit in Jaipur on Dec 9

Prime Minister Narendra Modi will inaugurate the Rising Rajasthan Global summit in Jaipur on December 9. Chief Minister Bhajanlal Sharma said that the three-day event will be inaugurated by PM Modi at the Jaipur Exhibition and Convention Center (JECC) in Sitapura. He said that the state government is engaged in mission mode to complete the preparations and arrangements. Sharma took stock of the preparations for this event here. He reviewed various arrangements travelling from Jaipur Airport to the venue in a bus and gave instructions to the officials. Sharma was accompanied by industry minister Rajyavardhan Singh Rathore and a team of officials. Talking to the media, Sharma said that Prime Minister Modi will come in the inaugural session of the conference. He said that under the leadership of Modi, the state government is organizing 'Rising Rajasthan Global Investment Summit' in its first year itself. "There are immense possibilities of investment in Rajasthan and this event will

Madhya Pradesh receives investment proposals worth Rs 60,000 crore in UK

During his visit to Warwick Manufacturing Group (WMG), the Chief Minister emphasised that research and academic studies are truly meaningful when they benefit society