Page 2 - Investments In India

Govt clears Rs 3,516 cr investment proposals under PLI scheme for ACs, LEDs

Out of these, the government selected 18 companies-10 manufacturers of components of ACs and eight LED light manufacturers-with committed investment of Rs 2,299 crore

IFSCA considers greater flexibility for co-investment opportunities

Proposes allowing creation of special purpose vehicles by fund management entities

Global trends, earnings, FII trading activity to drive markets: Analysts

Equity markets this week will take cues from global trends, trading activity of foreign investors and quarterly earnings, with TCS kick-starting the results calendar on Thursday, analysts said. Macroeconomic data announcements and the rupee-dollar trend would also dictate market trends, experts noted. "The Q3 FY25 earnings season will begin this week, with IT giants and leading financial institutions set to announce their results. TCS and Tata Elxsi will declare results on Thursday, January 9, 2025. Investors will closely monitor individual stock performances. "Following the earnings season, markets' focus is expected to shift towards the upcoming Union Budget and the policy decisions of the Trump 2.0 administration," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. Foreign institutional investors (FIIs) have been net sellers, while domestic institutional investors (DIIs) have been actively buying. This ongoing tug-of-war between FIIs and DIIs is likely to pla

States must develop logistics plans to boost investments: Piyush Goyal

He emphasised on implementation of measures to promote green logistics, workforce inclusivity and facilitation of Central Government projects

Zetwerk records Rs 17,564 cr GMV in 2023-24, valuation at $3.1 billion

Zetwerk raises $90 million in 2024, led by Khosla Ventures, Rakesh Gangwal, and Baillie Gifford, increasing its valuation to $3.1 billion

Rural MF investors rise; B-30 leads SIP count with 42 million accounts

The top 30 cities with the highest MF investments are referred to as T-30, while the rest of the country falls under the B-30 classification

Macquarie Asset to invest billions in India's energy, real estate sectors

Since 2009, global asset management firm Macquarie has invested $3.5 billion in various projects in India and looking to expand its presence

Bain-backed 360 One WAM plans largest private credit fund in India

A growing pipeline of deals is nudging India's private credit market closer to the $10 billion mark as Prime Minister Narendra Modi's infrastructure push fuels a boom in funding among mid-sized firms

India seen as growth engine for German investments in Asia-Pacific: Survey

AHK World Business Outlook, which surveyed around 820 members in Asia-Pacific and Greater China region, shows that 51 per cent of German companies based in India intend to increase their investments

India to retain investment curbs from border nations: FM Sitharaman

In 2020, India stepped up vetting and security clearances in its scrutiny of investments from companies based in neighbouring countries, but did not specifically mention any nations

Rajasthan CM Bhajan Lal invites investors to state's investment summit

CM Bhajan Lal expressed optimism, hoping to secure more investments from the UK as part of Rajasthan's continued efforts to boost economic ties and attract global capital

12 industrial smart cities - A vital cog in India's development journey

The strategic initiative envisages investments upwards of Rs 28,600 crore to develop greenfield smart cities of global standards and create a network of industrial nodes across the country

Indian investors value sustainability, struggle to get good data: Deloitte

More than 90 per cent of Indian institutional investors now consider sustainability information essential in their due diligence process, a study by Deloitte and The Fletcher School at Tufts University said, adding as sustainability becomes more integral to investment management, trust in the ESG data used to inform these decisions is lacking, posing challenges in accessing trustworthy data. "According to Indian investors, the inconsistency or incomparability of ESG rating data (73 per cent), cost constraints on integrating ESG data into investment decision models (71 per cent) and lack of measurable outcomes in corporate disclosures (70 per cent) reduce the trust factor of available sustainability data, inhibiting their ability to implement ESG investment strategies," Deloitte said citing its study titled 'Investor trust in sustainability data'. The study further highlights that Indian investors are more likely to trust in-house proprietary data systems and audited (or assured) ...

Large number of global companies want to invest in India: PM Modi

Suggestions ranging from making India skill capital of the world to judicial reforms have been given by citizens for making India a developed nation by 2047, Prime Minister Narendra Modi said on Thursday. 'Viksit Bharat 2047' are not mere words, they are reflection of resolve and dreams of 140 crore people, Modi said addressing the nation from the ramparts of the Red Fort on the 78th Independence Day. Suggestions have been collected from citizens, and crore of people gave suggestions for Developed India 2047. The dreams of every citizen and their confidence is reflected in those suggestions, the prime minister said . Some people gave the suggestion of making India the skill capital' of the world, some suggested making it a global hub of manufacturing, he added. Some people expressed concern over delay in justice, and they said there is a requirement for judicial reform." Other suggestions included making India universities global, having a 'global media', making skilled Indian you

Foxconn chairman Young Liu meets PM Modi, discusses India investment plan

The chairman of iPhone contract manufacturer Foxconn, Young Liu, called on Prime Minister Narendra Modi on Wednesday and discussed the company's investment plan in India. "Wonderful to meet Mr. Young Liu, the Chairman of Hon Hai Technology Group (Foxconn). I highlighted the wonderful opportunities India offers in futuristic sectors. We also had excellent discussions on their investment plans in India in states like Karnataka, Tamil Nadu and Andhra Pradesh," Modi said in a post on social media platform X. Liu had also visited India in July last year to attend the Semicon India conclave where he met Prime Minister Narendra Modi. Liu was conferred Padma Bhushan, the third-highest civilian award, on the eve of the 75th Republic Day this year. Foxconn is estimated to employ over 40,000 people in India. The company's total investment in India is estimated to be in the range of USD 9-10 billion. The company is in the process of expanding its iPhone production facility, setting up a chip

New launch: Quest Investment Advisors launches Quest Smart Alpha AIF

Quest Investment Advisors has launched an open-ended Category III Alternative Investment Fund (AIF), the Quest Smart Alpha Sector Rotation Series II

A leg-up from Sebi

The ratio of the effort of following the Sebi rules and the reward that the business brings is simply not attractive enough

Blacksoil disburses over Rs 220 crore in Q1 FY25, AUM increases 40%

The company added that its portfolio firms collectively raised Rs 541 crore in Q1 FY25

Budget 2024: Capital markets eyeing hike in STT on high-frequency traders

Union Budget 2024: The Securities Transaction Tax (STT) applies to every sale and purchase of equities listed on exchanges. The STT rate for selling options is 0.017%, while for futures, it is 0.01%

CJI highlights Sebi and SAT's importance in 'stable investment environment'

DY Chandrachud also emphasised that behind the effective functioning of our tribunals and courts, are the registrars, researchers and staff who keep the 'machinery well-oiled'