Page 27 - Investment

MoUs worth Rs 17,432 cr signed in Chandrapur summit, seven with steel firms

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 .

Congress slams Centre over collapse in FDI, fall in domestic investment

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 ...

Tariff-pause market rally to fuel sector churn: Here're movers and shakers

Its top conviction picks include Reliance Industries, TVS Motors, Shriram Finance, ICICI Bank and Adani Ports and SEZ

Andhra Pradesh govt clears investments worth Rs 31,167 cr by 17 companies

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

Sarovar Hotels invests ₹120 cr in a TN project, its highest investment ever

"This project (Sarovar Portico, Sriperumbudur) opens up in the next two months and is our largest investment till now," said Ajay Bakaya, chairman, Sarovar Hotels and director, Louvre Hotels India

Gold, silver & more: Safe investments for market turmoil | Investment tips for share market

As market turbulence continues, investors are seeking stability. Watch the video to know about some of the clear front-runners amongst a slew of investment choices.

Realty advisory firm Grahm aims to invest about Rs 100 cr by FY26

Company to hire 300 employees, expand in 7 cities after Bengaluru

Should you start investing in gold as global financial order shifts?

In India, gold is not just an investment but also a symbol of wealth and security. Its dual role as a financial asset and a cultural commodity makes it especially appealing

Finance ministry to study EPFO, global models for UPS investment plan

The UPS was approved by the central government in August last year to provide a guaranteed pension to retirees with a minimum of 25 years of service

FY26: A market-share grab year for broking, says Centrum Broking's ED & CEO

The gross domestic product growth for FY26 is estimated at around 6.5%, and the earnings growth for Nifty for FY26, said Sandeep Nayak, ED and CEO at Centrum Broking

Trump tariff carnage drags Nasdaq near bear territory; Dow falls 4.4%

Second day of market chaos since Trump tariff announcement; Nasdaq drops 20% from all-time closing highs

Low-volatility index funds, ETFs show lower drawdowns and higher returns

Low-volatility indices typically consist of the least volatile stocks within a particular index

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