Page 42 - Investment

Private equity major Bain Capital to allocate 20% of Asia fund to India

Bain-owned Tyger Capital targets 4x growth in book to Rs 15,000 cr

CtrlS to invest Rs 2,200 cr at upcoming data centre campus in Kolkata

This will be the first Rated-4 data centre of East India, says the company

India Energy Storage Week to witness Rs 2,000 cr investment announcements

Investment commitments of more than Rs 2,000 crore are expected to be announced in energy storage, electric vehicle and green hydrogen sectors at the India Energy Storage Week 2024 in July, the India Energy Storage Alliance (IESA) said on Wednesday. The IESA is set to host its annual flagship international event, India Energy Storage Week (IESW) International Conference and Exhibition from July 1 to 5, 2024, in New Delhi, a statement said. The IESW 2024 will become the launch platform for multiple factory and Gigafactory announcements paving way to India's global manufacturing hub mission. A week ahead of the 10th edition of IESW, the IESA announced the potential investment of over Rs 2000 crore coming to India at IESW 2024, it stated. The IESW 2024 is expected to witness the participation of over 150 key partners and exhibitors and more than 1000 companies. The event will hold more than five new factory announcements. Singapore-headquartered VFlowTech has announced the launch of

PFRDA to allow subscribers to keep 50% investment in equity upto 45 yrs age

PFRDA chairman Deepak Mohanty on Friday said the NPS balance lifecycle scheme that is designed to effectively manage both risks and returns may be launched in July or August

Review your investment portfolio regularly; keep these steps in mind

It's a crucial step in managing your wealth and securing your financial future

Malaysian, Chinese firms ink deals worth $2.8 bn in potential investments

The agreements were made in conjunction with Chinese Premier Li Qiang's visit to the Southeast Asian country

Tata Motors-owned JLR drives up plan to invest Rs 1.9 trn till FY28

In FY24, the company had invested 3.3 billion pounds, and in FY25, it aims to invest 3.5 billion pounds. In FY25, the automaker expects to be net cash-positive

Reversion to mean: Why frequent switching of SIPs should be avoided

Long-term investors should never stop their SIPs during market corrections

For better valuations, new paper supply must accelerate: Rajeev Thakkar

Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs. There doesn't appear to be any derating due to the coalition

Investing for children: Buy house or opt for MFs?

I reminded Meera that although Karan's parents had a large bungalow in his hometown, professional opportunities had brought them to Mumbai. Their children might behave similarly

Geojit warns investors of fraudsters promising high returns, bogus schemes

Fraudsters are deceiving people with false promises of lucrative returns and bogus investment schemes in the stock market and mutual funds, as well as fake IPOs, Geojit Financial Services

Insurers to invest more in private credit market: Moody's Ratings report

In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit

Proptech firms garner investment of $4.6 bn in the last 14 years: Report

The shared economy and construction technology segments have emerged as leaders in the proptech space, capturing 55 per cent and 23 per cent of private investments in FY24, respectively

Tech sector will emerge as centre of massive investments: Picus Capital

The technology sector will emerge as a centre of key investments, the industry said on Wednesday as it hopes that the new government will continue to prioritise hi-tech manufacturing, innovation, and entrepreneurship. The industry's comments come as the Lok Sabha elections have handed a clear majority to the National Democratic Alliance (NDA), although the BJP has fallen short of the magic number for the first time since 2014, making it critically dependent on its allies for the government formation. Picus Capital, an early-stage technology investment firm, said the technology sector will emerge as a centre of massive investments. "With the government's continued commitment to promoting innovation and entrepreneurship, India could be propelled into becoming the leading country in global technology transformation," Naman Jhawar, Partner and Head of India and SEA, Picus Capital said. A new administration often brings policy shifts that can impact various sectors differently, he ...

Fintech firm Fibe raises $90 mn in funding round led by TR Capital

Fintech firm Fibe on Wednesday said it has raised USD 90 million in a funding round led by TR Capital, Trifecta Capital and Amara Partners. Fibe's existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the funding round, including primary and secondary transactions. Founded in 2015 by Akshay Mehrotra and Ashish Goyal, Fibe facilitates consumer finances like healthcare loans, edtech loans, insurance financing, and school fee financing, among others. "The infusion of new capital not only fuels our growth but also highlights our dedication to empowering India's youth on their journey towards fulfilling their dreams. With this new capital injection, we are poised to expand our reach, strengthen our technological infrastructure, and deepen our impact across India," Fibe co-founder and CEO Akshay Mehrotra said. Fibe claims to have disbursed more than 6 million loans worth over Rs 20,000 crore since inception. "The fres

What we see today is appropriate level of investment: Ben Mathias

Mathias said there is a correction taking place in the ecosystem compared to three years ago when companies were given money unjustifiably

Adani Group profit up 55% in FY24; eyes $90 bn investment over next decade

Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a USD 90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies. This helped net profit surge to Rs 30,767 crore for the group's listed companies in the fiscal from Rs 19,833 crore a year ago, according to exchange data and analysts. The 5-year CAGR (compound annual growth rate) for profit growth was 54 per cent. EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 40 per cent to Rs 66,244 crore despite a 6 per cent fall in the revenue. "Total group EBITDA grew 40 per cent year-on-year in FY24 (5-year CAGR of over 27 per cent), group raised fresh funds from ...

Investing in g-secs; building small portfolio: Top personal finance stories

Our top stop stories this week tell you about the pros and cons of government securities and what investors must know about compounding

Google to invest $2 bn in data centre and cloud services in Malaysia

Google said in a statement the data centre and cloud region will be located in Sime Darby Property's Elmina Business Park in central Selangor state

India may get Swedish PE major EQT boost with up to $5 bn funding

Swedish PE major planning to invest the amount this financial year