Page 11 - Investments

LG invests Rs 200 cr at Pune facility; starts local mfg of refrigerators

LG Electronics India has invested around Rs 200 crore at its Ranjangaon, Pune-based facility to set up a new line for manufacturing the premium range of side-by-side refrigerators

Insurers can classify green bond purchases as infra investments: Irdai

The investments in green bonds can qualify towards statutory liquidity ratio (SLR) - the minimum percentage of deposits commercial banks are required to invest in liquid assets, such as government bon

Madhya Pradesh attracts intentions of Rs 15.42 trillion in investment

State gives automatic clearance to select industries on possession of land, says CM

Guyana President makes strong investment pitch to attract India Inc

"We are ready for investment, coordination of policies, to simplify the process and make it easier for the private sector to invest," Ali said at a Business Meeting organised by Industry Chambers

Repowering old windmills can attract Rs 40,000-crore investments: Report

Commercial and industrial customers will find Rs 4/unit tariffs lucrative compared with grid tariff of Rs 7-8/unit in Gujarat and Tamil Nadu

Huge investments opportunities are there in India, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said huge investment opportunities are there in India due to its large domestic consumption demand, rule of law and transparent economy. The minister is in the US for a three-day visit. India is a land of opportunity, and the Indian diaspora should take this message to the world, he added. "India offers huge opportunities due to its large domestic consumption demand, democracy, rule of law and transparent economy," Goyal said while addressing the Indian community at an event in New Jersey. He urged everyone to take this message to the world that India is the trusted partner in the supply chain and investment portfolio. He also called the diaspora for promoting made-in-India products and presenting India's investment opportunities to investors in the US. Goyal said transformational reforms that India witnessed over the last few years have made India the world's fifth-largest economy. He expressed confidence that in a few years

Fixed income returns in India to surge, prompt higher investments: Analysts

Meanwhile, returns stagnated in 2020 and 2021 with low yields, after the pandemic led to massive rate cuts

Record domestic inflows counter FPI pullout, keep market afloat in 2022

Mutual funds' net equity investment in 2022 highest ever at Rs 1.8 trillion; domestic investors as a whole pump in Rs 2.74 trillion

Global slowdown could dent office space demand in H1 2023 after strong 2022

Demand from domestic companies will, however, lend stability to the market

Telecom set for 5G, to attract Rs 1.5 trn in 2023; tariff hikes likely too

From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is set to attract more than Rs 1.5 lakh crore investments to build up networks in the new year. Once the poster boy of India's growth story, then a debt-laden segment that saw many players withering away and now riding the wave of reforms as well as big-ticket investments, the telecom sector turned a new chapter in 2022. While the Adani group is yet to unveil its full-fledged plan for the telecom business, Reliance Industries Chairman Mukesh Ambani has committed Rs 2 lakh crore investment for rolling out a 5G network across the country by December 2023. "It has been an exciting year because of the launch of 5G, a much-awaited technology for 4-5 years. This is a big step forward. We look forward to a robust rollout of 5G next year because this year is just the beginning. "We are all working on use cases. We are telling state ...

India's fintech industry to face a tough 2023 as investments cool: Bain

This year, the Indian regulator, spurred by fraud and malpractice instances in the fintech lending space, stepped up its oversight to regulate it through a series of guidelines

IVCA's Budget wish: Equal tax treatment for listed and unlisted investments

Argues that taxes on unlisted securities are nearly 2.4x those of listed ones, even as investments into unlisted firms and startups were leading asset and job creation

Daiki Axis Japan to infuse investments to expand presence in south India

Daiki Axis Japan will infuse fresh investments to expand its presence in south India, a company official said. In November, Haryana Chief Minister Manohar Lal Khattar inaugurated the company's second unit in India in Palwal, which was set up with an investment of Rs 200 crore to produce sewage water treatment units. A unit is already operational at Vapi in Gujarat. When asked about future investment plans, Kamal Tiwari, CEO of Daiki Axis India, said: "Our next plan is to set up a factory either in Telangana, Andhra Pradesh, Karnataka or Tamil Nadu. "Meetings have already been done with all these states. As we start getting approvals, we will begin construction work immediately by 2023 to cater our demand." The company's long-term plan is to set up a manufacturing unit in each state of India, he said. The Vapi and Palwal plants on an average have the annual capacity to produce around 1,000 sewage water treatment units each with Japanese "Johkasou" technology used to treat domestic

VC funds reduce number of deals with start-ups by a fifth in 2022: Study

Total investment in such firms in India stood at $23 bn in 2022, compared to $35 bn in 2021

Working to cut cost of telecom ops to attract investments: DoT secretary

The government is working to bring down the cost of telecom operations to attract more investments in the sector, a top official said on Friday. While speaking at the CII Telecom Summit, telecom secretary K Rajaraman said the cost of maintaining optic fibre network is very forbidding. "(If) we are able to bring down the cost of operations for the telecom network, I am sure that more investment will come. We will be working on that. A lot of policy measures are underway," he said. Rajaraman said the government is running a pilot of 'Call before you dig' application in some states to avoid damages to telecom infrastructure while digging roads and doing other infrastructure-related works. He said that a good digital connectivity cannot rest on mobile service only and complimentary connectivity through fibre to support mobile services is very important. "In urban areas, optical fibre is available. In rural areas, BharatNet has enabled us to reach 1.89 lakh villages so far. Target is

Short-duration funds suit conservative investors during pause in rate cycle

Take a tactical bet on longer-duration funds when RBI moves to a tightening stance

Uttar Pradesh sets a target of Rs 40,000 cr investments in energy sector

The steep proliferation in the state energy demand is attributed to the projected setting up of new industries and manufacturing plants over the next five years

UK to ease financial rules in post-Brexit shakeup to attract investments

Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London's status as Europe's leading finance centre. Treasury chief Jeremy Hunt said Friday that the changes, which follow Britain's departure from the European Union in 2020, will make the UK one of the most open, dynamic and competitive financial services hubs in the world. The package of more than 30 changes includes lifting a cap on bankers' bonuses and easing capital requirements for smaller lenders. The government also said it will review regulations that hold bankers accountable for their decisions and will relax ringfencing rules intended to separate risky investment banking from retail operations. Hunt said the government was using Brexit freedoms to make Britain more competitive. But many economists point out that the U.K.'s departure from the EU has erected barriers to trade and led some firms to shift offices and jobs to other European cities. Last

Net zero transition for $7 trillion

The world's decarbonisation journey will trigger a massive demand for investments

Overcaution could stymie investment advisory's growth

The safety and logistics costs (they are imported in tin boxes from the US) make them prohibitively expensive, fit only as showpiece items