Page 5 - Investment

Amazon's $35 billion bet on India: What’s driving the AI investment rush?

Amazon has announced a massive $35 billion investment plan for India through 2030, its biggest push yet to strengthen AI, exports, and job creation.

Amazon to invest over $35 billion in India by 2030, betting big on AI

Amazon says it will invest over $35 billion in India through 2030, focusing on AI-driven digitisation, ecommerce exports and job creation, soon after Microsoft's $17.5 billion cloud and AI push

BlackRock fund to invest about $225 million in Aditya Birla Renewables

BlackRock's Global Infrastructure Partners will also have a 'greenshoe option' to invest a further ₹1,000 crore in the Indian company, taking the total investment to ₹3,000 crore

Microsoft bets $17.5 bn on India's AI-first future with cloud, AI infra

The new investment will be used to scale Microsoft's cloud and AI infrastructure, skilling initiatives and ongoing operations across India, Microsoft said

UP's $1 trillion target gathers steam as state revives transformation panel

State government has operationalised the UP State Transformation Commission and tasked it with the job of catalysing growth

Aim to attract Rs 50 trillion investment over next 5 years: Nitish Kumar

Bihar Chief Minister Nitish Kumar on Saturday said the state has set a target of attracting investment worth Rs 50 lakh crore over the next five years, as part of a major push to industrial development and job creation. The chief minister, who chaired a review meeting of the Industries Department, said a high-level panel has been formed to prepare and monitor an action plan for establishing a defence corridor, semiconductor manufacturing park, global capability centre, mega tech city and fintech city in Bihar. For the rapid economic progress of any state and for generating employment, large-scale industrialisation is essential. The Bihar government has taken significant steps in this direction, Kumar wrote in a post on X. To place Bihar among the country's top five investment-friendly states, we have begun work on an action plan to attract Rs 50 lakh crore in investment in the next five years. Kumar said the state has a strong rule-of-law framework and an improved law and order ...

MP govt amends film tourism policy to attract investments through cinema

Madhya Pradesh updates its film tourism policy, offering new incentives for films, web series and infrastructure to attract investment and position the state as a major filming hub

Trump administration invests $10 bn in private firms for national security

The unusual government intervention into the private market is fuelling some concerns, including the opacity of the process, the potential for favouritism, corruption and market distortions

Chhattisgarh gets ₹6,826 cr investment proposals in industry, tourism

CM Vishnu Deo Sai meets investors, exchanges Letter of Intent

KKR, PSP Investments inject capital to boost Lighthouse Learning network

KKR and PSP Investments have injected fresh capital into Lighthouse Learning to help the education group expand its school network, boost teaching and tech capabilities, improve operations

Next decade will unlock growth in retail investing: Angel One CMD Thakkar

Angel One CMD Dinesh Thakkar outlines how the company reached the No 3 spot in active clients, the structural changes shaping India's broking landscape, and why he foresees another wave of growth

UFlex to invest over ₹700 cr to expand packaging film capacity in Karnataka

Flexible packaging and solutions maker UFlex Ltd will invest over Rs 700 crore to expand its packaging film manufacturing line in Dharwad, Karnataka, according to a senior company official. The company will add 54,000 MTPA of new capacity at the plant, bringing its global packaging film capacity to 690,160 MTPA, up from 636,160 MTPA. "We plan to invest over Rs 700 crore to expand our packaging film manufacturing line in Dharwad, Karnataka. This project will add 54,000 MTPA of new capacity, significantly strengthening our portfolio and enhancing our ability to serve customers with scalable, high-quality packaging solutions," UFlex Ltd Group president and CFO, Rajesh Bhatia, told PTI in an e-mailed interview. The expansion in Dharwad follows the recently completed aseptic packaging capacity augmentation at Sanand, in Gujarat, where capacity was increased from 7 billion to 12 billion packs per year, he added. "In addition, three major strategic projects, including a 12-billion-pack ..

NMP 2.0: Railways targets ₹2.5 trillion asset monetisation in five years

Plan to bring in new freight trains through private funding

Redrob raises $10 million in funding led by Korea Investment Partner

AI research startup Redrob on Friday said it has raised USD 10 million (Rs 88.7 crore) in a Series A financing round led by Korea Investment Partners. This brings Redrob's total funds raised to date to USD 14 million, following its earlier seed round of USD 4 million in 2023. The funding round also saw participation from KB Investment, Kiwoom Investment, Korea Development Bank Capital, Daekyo Investment, and DS & Partners, according to a company statement. With the fresh capital, Redrob plans to advance its technology by refining its machine learning architecture to achieve a targeted 50-fold reduction in costs. The company also aims to develop language models tailored for India, covering all 22 officially recognised constitutional languages, and deliver a comprehensive AI suite designed to support learning, career advancement, and workplace productivity. "The company is preparing to launch several major initiatives, including the rollout of free Redrob LLM access for all Indian .

Pulse secures 100 mn euros funding from Castlelake to expand SME lending

The deal follows Pulse's acquisition of Nucleus and supports new AI-driven credit products aimed at faster, smarter lending

India may lose tech edge unless big firms scale up AI spending: MeitY

MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge

Investment rate of 32% needed to achieve over 7% growth: EAC-PM chief Dev

PM EAC Chair Mahendra Dev said India must lift investment to 34-35% and raise savings to sustain 7%+ growth, stressing private investment, labour-intensive manufacturing and stronger exports

Stan secures investment from Sony Innovation Fund in Series A round

Social gaming platform Stan has added Sony Innovation Fund to its Series A round, taking total fundraising to $10.5 million as it ramps up AI-led personalisation, creator tools and global expansion

Andhra CM Naidu sees Google investment boosting $1 trn growth drive

Describing the US-India spat as a 'temporary setback', Naidu said a deal between Trump and Prime Minister Narendra Modi should come very soon

Andhra Pradesh sees ₹13.25 trillion investments during CII summit

Chief minister Nara Chandrababu Naidu said that his vision is to lead the economy towards $2.4 trillion by 2047