Page 28 - Investment

UN urges Asia-Pacific nations to boost investments in disaster prevention

Disasters, including those wrought by fiercer storms, are threatening more people and could derail economic progress in the Asia Pacific region if governments don't invest more in disaster mitigation and prevention, a U.N. official said Tuesday. U.N. Assistant Secretary-General Kamal Kishore, who heads the U.N. Office for Disaster Risk Reduction, issued the warning in a speech at the start of a regional conference on disaster mitigation hosted by the Philippines, one of the world's most disaster-prone countries. "Disasters are now affecting record numbers of people and threatening their lives and livelihoods, Kishore told hundreds of delegates to the three-day conference in Manila led by ministers in charge of disaster mitigation and response across the Asia Pacific. "Left unchecked, these disaster risks threaten to derail the development aspirations of the Asia Pacific region and push back progress that has taken decades to achieve, he said. Kishore said Asia Pacific countries sho

Changing scenario: Debt-free Tata Sons has firepower for newer biz

A low leverage ratio, such as in 2005-06 and 2014-15, has been followed by a spurt in Tata Sons' equity investment in various listed and unlisted ventures

India-Canada faceoff intensifies: Impact on trade, investment not likely

Experts say that the possibility of a trade deal between India and Canada will remain on the back burner at least while the Justin Trudeau government is in power

CCI clears Central Bank of India's stake acquisition in Future Generali

FEL holds direct and indirect investments in the general insurer, Future Generali India Insurance Company Limited, which is a joint venture between the company and Genera Group

Uttar Pradesh Textile park nets investment proposals worth Rs 10,000 cr

Companies looking to set up units in the UP Textile Park spanning 1,162 acres include Reliance Industries, Arvind Mills, Vardhman and Ahuja Textile Mills, among others

CM Bhajanlal to visit Germany, UK to promote investment opportunities

During his visit, he aims to engage with various industrialists and invite them to the 'Rising Rajasthan' Global Investment Summit, scheduled to take place from December 9-11 in Jaipur

Indians eyeing offshore firms to gain access: JM Financial MD & CEO

Healthcare, pharma, tech to drive M&As in coming quarters

JSW Infra receives LoI to develop port project worth over Rs 4,000 cr

The multi-purpose port in Maharashtra will handle captive, bulk, and dry bulk cargo

PE investment in real estate increases to $2.2 bn in Jul-Sep: Savills India

Private equity investments in the real estate sector jumped over twofold to USD 2.2 billion in July-September as investors look for gains amid strong property demand, according to Savills India. In the year-ago period, private equity (PE) investments in real estate stood at USD 934 million. Real estate consultant Savills India also noted that the PE inflows stood at USD 3.9 billion during the January-September period of this calendar year, touching the investment quantum registered in the entire 2023. The PE inflows stood at USD 6.7 billion in 2019, USD 6.6 billion in 2020, USD 3.4 billion in 2021, USD 3.4 billion in 2022, and USD 3.9 billion in 2023. "Despite global challenges, India witnessed heightened investment activity with YTD 2024 inflows surpassing all of 2023 investments, reflecting strong investor confidence on the back of a robust macroeconomic environment," said Arvind Nandan, Managing Director, Research & Consulting, Savills India. During the July-September quarter,

Agri biotech firm BioPrime raises $6mn in Series A funding led by Edaphon

Startup founded in 2016 say it will use the investment for crop protection research, products

India reduces arbitration time for foreign investors in UAE agreement

Investment pact to increase investor confidence: Goyal

Northern Arc aims to raise Rs 1,000 cr through alternate investment fund

Non-bank lender Northern Arc on Monday said one of its arms is aiming to raise Rs 1,000 crore in an alternate investment fund (AIF). The category II AIF aims to raise Rs 1,000 crore, and has the scope to raise an additional Rs 500 crore through the green shoe option. The "Finserv Fund" being launched by the recently listed NBFC's subsidiary Northern Arc Investment Managers (NAIM) will use the money for lending to six varied sectors which will help improve financial inclusion and economic growth, as per an official statement. The six sectors include small businesses, affordable housing, vehicle finance, agriculture finance, microfinance and consumer finance, it said. The AIF is targeting to invest in 45-55 entities across its four-year cycle and deliver an internal rate of return of 14-14.50 per cent to the investors, NAIM chief executive Bhavdeep Bhatt said. The investment strategy focuses on higher risk-adjusted returns and regular investor cash flows by investing in a diversifie

Hitachi Energy plans Rs 2,000 crore investment in India in next 5 years

Switzerland-based technology player Hitachi Energy has plans to invest Rs 2,000 crore over the next 4-5 years in India, a company official said on Monday. The investments will be made towards expanding capacity of transformers, talent base and increasing portfolio, N Venu, MD&CEO, India and South Asia, Hitachi energy India said. Hitachi Energy India is an arm of Hitachi Energy. The investment of Rs 2,000 crore will be made over a period of 4-5 years towards building capacity of large and small power transformers, and dry and traction transformers, he said. Besides, the investment will be towards building capacity of insulation and components, strengthening the company's existing HVDC high voltage direct current capacity. It will be focussed on network control solution offerings to customers coming from sectors like industries, utilities, transportation, Venu said. He said the company intends to invest Rs 400 crore every year up to 5 years. On the funding, Venu said the company is

Video creation platform Frammer AI raises $2 mn investment from Lumikai

Video content creation platform Frammer AI has announced securing a USD 2 million (around Rs 16.8 crore) investment from Lumikai, which invests in gaming and interactive media platforms. The fresh capital will be deployed into expanding Frammer's offerings into sports and entertainment and investing in data-training for its areas of focus. The funds will also be used to expand its tech team to meet the increasing demand, according to a company statement. Frammer provides transcript and captions for each video, identifies the most interesting segments to generate monetizable short videos for various digital platforms, and produces vertical videos similar to YouTube Shorts and Insta Reels. "...with just one click, Frammer can convert a half-hour video into 35 short packages in approximately five minutes," the statement said. Frammer AI names The India Today Group, Zee News, and insurance giant Acko among its clients. The company has also recently been named the AI content partner of

Institutional investments in real estate rise 45% in Jul-Sep: Colliers

Institutional investments in real estate grew 45 per cent to nearly USD 1.15 billion in July-September with investors looking to encash the strong demand for premium homes and offices, according to Colliers. Consultant Colliers India data showed that the institutional investments in real estate during July-September stood at USD 1,148.7 million as against USD 793.4 million in the year-ago period. Among different assets class in the overall real estate market, the consultant noted that office segment attracted USD 616.3 million during the third quarter of this calendar year, a more than seven-fold jump from USD 79.1 million in the year-ago period. The residential segment, which has seen a significant surge in demand post COVID pandemic, saw a 40 per cent growth in investments to USD 384.8 million from USD 274.6 million. Industrial & warehousing segment witnessed a fall of 72 per cent in fund inflow to USD 95.2 million from USD 340.3 million. Investments in mixed use projects almost

Rs 60,000 cr investment opportunity by railways in Bengal, says Vaishnaw

Railway Minister Ashwini Vaishnaw on Wednesday announced that there is a Rs 60,000-crore investment opportunity by the railways in West Bengal. He highlighted that 61 projects are currently pending in the state due to issues related to the handover of land to the railways, emphasising that the completion of these projects requires the TMC government to rise above politics. "Rs 60,000 crore investment opportunity by the railways exists in West Bengal," Vaishnaw said after inaugurating several railway projects and train services at Sealdah station. He added that such investments will only be feasible if the state government cooperates. Vaishnaw also mentioned that there are 26 km of Metro railway projects where work cannot proceed due to land-related issues. Speaking to reporters here after a Swachh Bharat event at Braithwaite & Co Ltd, where he also conducted an inspection of the PSU, Vaishnaw stressed the need to prioritise the welfare of people. "Development is the need of the .

Realty sector gets institutional investment wirth $1.1 bn in Q3: Report

The sector witnessed 45 per cent growth in investments on a yearly basis

Rajasthan Investment Summit: Rs 12.5 trn MoUs signed in Mumbai, Delhi

CM Sharma said Rajasthan is becoming the centre of attraction for businesses and that providing services to the investors remained his priority

How to make in India for the world and attract large global companies

We should be wary of global consultants pushing grand visions of India becoming a $50 trillion or $100 trillion economy, especially when per capita income is still under $3,000

Rajasthan CM Bhajanlal gives approval to investment promotion scheme

Chief Minister Bhajanlal Sharma gave approval for the Rajasthan Investment Promotion Scheme-2024 during a cabinet meeting on Sunday. Deputy Chief Minister Diya Kumari, while briefing the media about the decisions, said that the government aims to attract maximum investment for the Rising Rajasthan Global Investment Summit scheduled to be held from December 9 to 11. In this context, the cabinet approved the Rajasthan Investment Promotion Scheme 2024 (RIPS-2024), which she stated is the most attractive investment promotion scheme in the country in terms of incentives for investors. She said necessary provisions have been made in RIPS-2024 to attract investment. "The minimum investment limit for incentives under the Standard Services Package in RIPS-2024 has been reduced from Rs 50 crore to Rs 25 crore. For tourism units, it has been further reduced to Rs 10 crore," the deputy CM said. New and emerging sectors like aero and space, defense, drones, semiconductors, agri-tech and waste