Page 3 - Investment

Azerbaijan's SOFAZ to buy 49% stake in Enfinity's Italy solar assets

SOFAZ will acquire 49 per cent of Enfinity's 402-megawatt portfolio, which includes 14 solar plants both operating and under construction across Lazio and Emilia-Romagna in central Italy

BFSI Wrap: RBI may ease foreign bank stake limits, SBI's record fundraising, credit-deposit growth & more

RBI Governor Sanjay Malhotra said the central bank may allow foreign banks to own up to 26% in Indian banks. Currently, while foreign investors can hold up to 74%,

Andhra okays ₹39,473 cr investment across 22 projects, 30k+ jobs ahead

The eighth State Investment Promotion Board of Andhra Pradesh headed by Chief Minister N Chandrababu Naidu on Thursday approved 22 projects worth Rs 39,473 crore with the scope to generate 30,899 jobs, the government said. The CM directed ministers and officials to create the relevant ecosystem around the industrial projects coming up in the state. "The eighth SIPB headed by CM Chandrababu approved investments worth Rs 39,473 crore. The 22 projects approved today will provide jobs to 30,899 people," an official release said. The approved projects included an investment of Rs 1,800 crore from Renew Vyoman Power Pvt Ltd in Kurnool and Nandyal districts, JSW Neo Energy (Rs 2,000 crore; Kadapa), JSW AP Steel Plant (Rs 4,500 crore; Kadapa) and Laurus Labs (Rs 5,630 crore; Anakapalli). Other projects included Lulu Shopping Malls International Ltd (Rs 1,222 crore; Vizag & Vijayawada), Renew Photovoltaic (Rs 3,700 crore; Anakapalli) and AS International (Rs 1,000 crore; Chittoor), among ..

Isma urges Centre to ban ethanol imports, flags ₹40,000 crore risk

Industry body says allowing ethanol imports for fuel use will derail biofuel sector investments and affect timely payments to sugarcane farmers

Comeback after Singur: Tata Chairman Chandrasekaran calls on Mamata

The meeting marks the first between Tata Group's chairman and Mamata Banerjee, signalling renewed engagement and deeper investment intent in West Bengal

Bringing investment to rural sector key priority: IFAD president

Bringing investment to the rural sector is a key priority for the International Fund for Agricultural Development (IFAD), President Alvaro Lario said, adding that investment in agriculture is two to three times more effective in reducing poverty than in any other sector. In an interview with PTI, Lario stressed on the importance of bringing private capital to the rural sector, and said that globally, investments worth around USD 75 billion is required to adapt to the impact of climate change. Founded in 1977 in response to a global food crisis, IFAD is a specialised United Nations agency and an international financial institution that tackles hunger and poverty in rural communities. "IFAD's priority is to mobilize financing, especially long-term financing for rural areas and especially to have and deliver a long-lasting impact for those who need it most," Lario told PTI. "So for us, finance is a means to an end and we know that investment in agriculture is two to three times more .

Active negotiations under way with over a dozen countries to finalise BIT

India is actively negotiating bilateral investment treaties (BITs) with over a dozen countries, including Saudi Arabia, Qatar, Israel, Oman, European Union, Switzerland, Russia, and Australia, a government official said. Besides these nations, talks are underway with Tajikistan, Cambodia, Uruguay, Maldives, Switzerland, and Kuwait. These investment treaties help in protecting and promoting investments in each other's countries. With India approaching to become the third-largest economy and a hub for global manufacturing, the government is taking a series of measures to further improve its investment regime that encourages investors. "It is expected that in the next 3-6 months, BIT with some of these countries will be finalised and announced," the official added. The government in the last Budget has announced revamping the current model Bilateral Investment Treaty to make it more investor-friendly and attract foreign players. The country signed BITs with two countries in 2024. La

Private capital expenditure announcements fall 81% in Q1 FY25: CMIE

Private capex fell sharply in April-June 2025 to Rs 4.1 trillion from Rs 21.7 trillion in the previous quarter, with stalling and uncertainty affecting investment flow

Cognizant to invest ₹1,500 cr in Andhra, pledges to create 8,000 jobs

Andhra Pradesh Information Technology Minister Nara Lokesh on Wednesday said that IT major Cognizant will set up a major campus here with an over Rs 1,500 crore investment, creating 8,000 jobs in three phases on a 22-acre site at Kapuluppada IT Hills. Lokesh said the government approved the project to position Andhra Pradesh as a global technology hub and promote digital skilling in tier-2 cities. "We welcome Cognizant to Vizag. This investment will accelerate regional growth and future-ready workforce development," said Lokesh in a release. Cognizant's presence is expected to boost the regional digital economy, enhance tech skills, and benefit from Andhra Pradesh's infrastructure, business-friendly policies, and IT and Information Technology Enabled Services (ITES) sectors support, said the minister. Cognizant will begin operations by early 2026 from a temporary facility for 800 staff until Phase-I of the permanent campus is ready by early 2029, said the release. "We are proud t

Crisil acquires minority stake in Online PSB Loans Ltd for ₹33 crore

Crisil, the provider of ratings, data, research, analytics and solutions, has invested Rs 33.25 crore to acquire a minority stake in Online PSB Loans Ltd (OPL). In December 2024, Crisil had announced its intention to invest. OPL is a digital credit infrastructure company that develops and integrates advanced technologies, transforming the credit ecosystem through end-to-end automation, Crisil said in a regulatory filing. The company facilitates ease of credit delivery to micro, small and medium enterprises (MSMEs) and retail borrowers through unique analytics and artificial intelligence/machine learning-based solutions, enabling faster credit decision making, it said. OPL's offerings enable financial institutions to enhance their MSME lending infrastructure, it said. The platform's existing group of shareholders include several prominent financial institutions, including public and private sector banks, credit bureaus and government organisations.

Attero to invest ₹100 crore to scale rare earth recycling capacity

E-waste recycling company Attero plans to invest Rs 100 crore to scale up its rare earth recycling capacity to 30,000 tonnes from 300 tonnes over the next 12 to 24 months, a top official of the firm said on Thursday. China in April imposed restrictions on exports of rare earth, a critical mineral used in manufacturing of electronic, automobile and other technology products. Attero CEO and Co-Founder Nitin Gupta told PTI that the investment is in line with demand in the market for rare earth magnets, for which industries in India and across the world like electronics, automobile etc are entirely dependent on supplies from China. "With our existing capability and technology leadership, we are ready to scale our REE recycling capacity from 1 to 100 tonnes per day to reach a total of 30,000 tonnes annually and explore further expansion as demand accelerates. We plan to invest Rs 100 crore towards this expansion," he said. The company will focus on extraction of rare earth minerals such

Clean industry projects worth $89 bn stall amid financing woes: Report

India has 41 clean industry projects spanning green ammonia, hydrogen production and sustainable aviation fuels, yet faces challenges in converting announcements into operational facilities

Texas Instruments to invest $60 billion in US chip plants expansion

funds will be used to build or expand seven chip-making facilities in Texas as well as Utah, and will create 60,000 jobs, TI said on Wednesday

Gold crosses ₹1 lakh: What's next for the yellow metal? | Gold prices hit record highs | Investment

Gold has hit a record high in India. On the Multi Commodity Exchange of India, gold futures have touched around ₹1,00,290 per 10 grams.

Amber to invest ₹6K cr in Noida plant for electronics, appliances

Amber Enterprises has planned an investment of Rs 6,000 crore to set up a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar, according to a state minister. Uttar Pradesh's Industrial Development Minister Nand Gopal Gupta on Thursday said he held a meeting with Amber Enterprises promoter Jasbir Singh in Lucknow a day ago. The company plans to establish units for PCB assembly, home appliances, and consumer electronics production as part of this investment, an official statement quoted the minister as saying. "This Rs 6,000 crore investment will open new avenues of growth and prosperity in the state," Gupta said, terming it a significant milestone in Uttar Pradesh's industrial transformation. The Yamuna Expressway Industrial Development Authority (YEIDA) has already issued a Letter of Intent (LoI) for 100 acres of land in Sector 8, Noida for the proposed facility. This land is close to the upcoming airport in Jewar, along the ...

Mizuho on verge of buying majority stake in investment bank Avendus

Executives are hammering out details of a transaction that could be finalised as soon as this month and value Avendus at about $800 million

India's lofty equity valuations ride on stories, not fundamentals

Those looking for short-term trading opportunities may not care about rational analysis from brokers as long as the prognosis is cheery enough to draw in other punters

LIC appoints Ramakrishnan Chandar as new Chief Investment Officer

As CIO of the Life Insurance Corporation of India, Ramakrishnan Chandar will oversee one of the country's largest investment portfolios spanning multiple asset classes

Marwadi Chandarana to buy 75% stake in TruCap Finance for Rs 207 crore

Marwadi Chandarana Intermediaries Brokers has entered into an agreement to acquire 75 per cent stake in non-banking financial company TruCap Finance with an investment of Rs 207 crore. This investment includes a mix of capital infusion through preferential allotment of equity shares and convertible warrants, and a secondary purchase of 3.68 crore shares from the existing promoter group of TruCap, the NBFC said in a stock exchange filing. This transaction will trigger an open offer under the Sebi's rules. Following the investment, MCG will be classified as the new promoter, and the existing promoter group's stake will be reduced to zero. In its filing on Monday, the NBFC said, "Marwadi Chandarana Intermediaries Brokers Pvt Ltd, an entity of Marwadi Chandarana Group (MCG) has entered into definitive documents to acquire a majority stake (approximately 75 per cent) in TruCap Finance Ltd, a non-banking financial company". With a combined net worth of approximately Rs 2,500 crore, MCG

States' race for space investment may help sector hit $44 bn by 2033

This follows the opening up of space to private participatio­n in June 2020, the Indian Spa­ce Policy of 2023, and a luc­­r­ative foreign direct investment policy of February 2024