Page 35 - Investment

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

Investments in sectors under PLI schemes may hit Rs 2 trn in coming years

The 14 sectors covered under the production linked incentive (PLI) schemes have witnessed investments of Rs 1.46 lakh crore till August and the capital infusion is expected to reach Rs 2 lakh crore in the coming years, the commerce and industry ministry said on Sunday. Commerce and Industry Minister Piyush Goyal has held detailed discussions with companies that are getting fiscal benefits under the schemes to seek inputs and feedback. The minister engaged with 140 companies out of the 1,300 manufacturing units across 14 sectors, which have been the beneficiaries of the scheme. "Overall achievement of PLI schemes was also discussed during the meeting. Actual investment of Rs 1.46 lakh crore has been realised (till August 2024) and is likely to reach Rs 2 lakh crore in the next year or so," the ministry said in a statement. This has resulted in production/sales worth Rs 12.50 lakh crore and employment generation of around 9.5 lakh (direct and indirect), which is expected to reach 12

Madhya Pradesh RIC attracts over Rs 23K cr investments; 28K jobs expected

The proposed investment is expected to generate around 28,000 jobs, with the highest investment of Rs 6,800 crore in the renewable energy sector

Millennials lead surge in corporate bond investments: Grip Invest report

54% rise in women choosing corporate bonds as their first investment, from Q1 FY 24 to Q2 FY 24

Paying off home loan or making an investment: Which is a better option

Younger people may invest for they have a longer time horizon, while those nearing retirement might focus on debt reduction

Rajasthan govt goes all out to woo investors for December summit

The 3-day mega event aims to attract and facilitate global investment, innovation, and partnerships in the state

Greenfield boom: Hotel investments in India return to pre-pandemic high

Return to pre-pandemic levels; Indore, Kanpur, Bhubaneswar among cities witnessing rise in demand for such projects

SpiceJet clears pending salaries after Rs 3,000 crore capital infusion

Domestic carrier SpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore, a source has said. The salaries for July and August for all employees, as well as the remaining June salaries for those who were partially paid, were deposited into their accounts on Wednesday evening, according to the source. A SpiceJet spokesperson confirmed the disbursement of employees' pending salaries. "Pending salaries of employees were disbursed on Wednesday evening," the spokesperson said on Thursday without divulging further details. SpiceJet had been delaying salaries to its staff for the last couple of months due to a liquidity crunch. The airline hasn't paid the provident fund for two and a half years while TDS, which is deducted from employees' salaries every month, has also not been deposited with the government. On September 23, the airline announced raising Rs 3,000 crore through QIP and an additional Rs 736 crore from the prev

Post-Covid shift:Investors favour stability & tax perks in financial option

Investors consider 6 financial instruments in making their decisions, it says

India known as best place to invest and manufacture in: Piyush Goyal

''PLI has been a big boost to manufacturing in India, and we can hope to see a lot of activity and creation of jobs in the days to come"

Pepsales raises $1.1 million in a round led by Chiratae Ventures

The firm said it is targeting the global enterprise application software market, which has an estimated annual sales and marketing expense exceeding $190 billion

Oister Global, Tribe Capital partner to launch $500 million fund

With a pipeline of identified investments, the firms aim to leverage their complementary strengths: Oister's deep local market expertise and Tribe Capital India's quant-driven diligence

Rajasthan govt to launch new mineral policy to attract investment

The total revenue from minerals in Rajasthan was estimated at over Rs 7,460 crore in FY24

PDG plans infusing $1 bn for expansion in India amid AI data center boom

The investment will bring PDG's capacity to 230 MW across two major hubs, Mumbai and Chennai