The moves come after the Japanese firm spent several years improving risk controls after losing almost $3 billion in 2021 on the collapse of investment firm Archegos Capital Management
Once operational, the facility will mark the company's entry in the North Indian market
Adjusting to market tides: Large BAFs trim net exposure to below 60%
Electronic waste and battery recycling company Attero plans to invest around Rs 8,300 crore in the next five years to ramp up its capacity, the company's CEO and Co-Founder Nitin Gupta said. At present, the company has the capacity to recycle up to 1,44,000 tonnes of electronic waste (e-waste) and 15,000 tonnes of lithium-ion battery annually. "In the next five years, we will obviously be investing roughly around USD 1 billion overall, including all forms of capital -- debt, equity and sort of other non-diluted forms of capital," Gupta told PTI. He said that the company is growing 100 per cent year-on-year and gradually increasing capacity. "A greenfield facility in Europe will come up in Poland. Work has already started there. In India, we are building another greenfield facility. We are finalizing the space in Andhra Pradesh/Jharkhand. Our e-waste (recycling) capacity will get to roughly around 4,15,000 tonnes per annum. Our battery (recycling) capacity will broadly reach around
Arora talks about the market trends and robust growth trajectory
Tata Motors group has raised its investment outlay for FY25 to Rs 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about Rs 30,000 crore) and Rs 8,000 crore for Tata Motors -- a total of about Rs 38,000 crore. "Investment by JLR ended at 3.3 billion pounds (more than Rs 33,000 crore), and Tata Motors did more than Rs 8,200 crore. So, the total we ended was at about Rs 41,200 crore investment in FY24," Tata Motors Group CFO PB Balaji said in an earnings conference. Coming to FY25, he said, for JLR, the investment will be "more like 3.5 billion pounds, broadly Rs 35,000 crore, because all the product plans we had are coming together (next year)". He further said, "There is a phasing issue we are dealing (with), and these products have to (be) launched on time". For Tata Motors,
This election cycle will really influence the pace of energy investment, both in the next five years and through 2050
If corporate investment starts rising, pushing the investment rate (as a percentage of GDP) higher, low NFS will be hard to ignore and likely to hamper a balanced surge in growth
"This investment will support CFS's ability to further scale and serve the growing demand for eye care in India both across Tier-I and Tier-II cities," the statement added
Capital markets regulator Sebi has amended rules making it mandatory for at least one key personnel within an investment team of an Alternative Investment Fund (AIF) manager to obtain requisite certification. The new requirement is aimed at boosting competency and professionalism in the AIF space. In a notification dated May 10, Sebi said, "At least one key personnel, amongst the associated persons functioning in the key investment team of the Manager of an Alternative Investment Fund, shall obtain certification from the National Institute of Securities Market (NISM) by passing the NISM Series-XIX-C." To give this effect, the Securities and Exchange Board of India (Sebi) has amended AIF rules. The new rules have been made applicable from the same date. Through this requirement of certification for key personnel, the capital markets regulator is looking to ensure a higher proficiency in managing AIFs. Last month, Sebi announced that certain changes in the private placement memorand
This comes days after TI Clean Mobility signed a definitive agreement to raise Rs 580 crore from private equity firm GEF Capital Partners LLC
The report focuses on the transformative power of fractionalisation, a 150-year-old investing concept re-imagined for the digital age
Investors should pick between the two depending on their risk appetite and financial goal
Two launches next week, one in the pipeline
InterGlobe Aviation, the parent company of IndiGo, has seen impressive gains in recent months. However, experts believe most of the good news is already priced into the stock, so they don't expect big
SMICC has separately invested Rs 150 cr in a subsidiary to expand its affordable housing finance solutions
Markets are going through a major shift in style and leadership, akin to the 2003-08 bull run
New rules aim to improve NRI participation
Sequence of returns can dramatically affect the longevity of a retirement corpus, especially if retirees have to withdraw more during market downturns early in their retirement
Only 3% women entrepreneurs in tier 2 and 3 cities in India out of the 300 surveyed had access to external funding to start or expand their businesses, finds out a white paper on Women Entrepreneurs Transforming Middle India by Reserve Bank Innovation Hub (RBIH). The white paper was released at an event organised by Federation of Indian Chambers of Commerce & Industry (FICCI) here on Thursday. But we are keen to promote women in fintech. It is unfortunate that angel investors hesitate to give US$50,000 or US$100,000 to women in fintech. So, we are developing a fintech entrepreneurs programme in partnership with IIM Ahmedabad and Lucknow, BITS Pilani and Indian School of Business," said Rajesh Bansal, chief executive officer of Reserve RBIH, who released the findings. Bansal also pointed out that while literature and primary surveys reveal that women, in rural areas particularly, may have different financial goals compared to men, there is hardly any financial institution that ...