Page 3 - Investments

Rajasthan to set up 3 organisations for mining research, exploration

State plans to expand sector's contribution to economy, seeks investments

Assam emerging as start-up hub, to drive NE manufacturing growth: PM

Prime Minister Narendra Modi on Tuesday said Assam is turning into a destination for start-ups and will soon become a hub of manufacturing in the northeast region. Assam has emerged as a "land of limitless opportunities" with peace accords signed with insurgent groups and resolved border disputes, PM Modi said after inaugurating 'Advantage Assam 2.0 Investment and Infrastructure Summit' here. "Assam is a land of limitless opportunities with peace accords and resolved border disputes. The state is moving fast towards development. Assam's natural resources and strategic location as a gateway to South East Asia have made the state a preferred destination for investors," Modi said. He added, "Assam is turning into a destination for start-up units and will become a manufacturing hub for the northeast soon." Modi also asserted that the value of Assam's economy has doubled to Rs 6 lakh crore during the BJP rule, and this is an effect of the 'double-engine' government. "Amid global ...

State to have $143 bn economy by 2030: CM Himanta at Advantage Assam 2.0

Assam will have a USD 143 billion economy by 2030, Chief Minister Himanta Biswa Sarma claimed on Tuesday, urging investors to join the state's growth trajectory. Speaking at the inaugural function of the two-day 'Advantage Assam 2.0 Investment and Infrastructure Summit' here, Sarma emphasised that the state has emerged from being the "most disturbed" to the "most peaceful" now. "The state's GDP growth this year will be 15.2 per cent. The economy will reach USD 143 billion by 2030," he claimed. "I can assure you today that we will ensure the best working and congenial atmosphere for establishing industries in Assam. Please come and invest here," Sarma said, in the presence of heads of missions and ambassadors of over 60 nations, foreign business delegations and industry leaders of the country. The state has seen a resurgence since 2014, when the BJP-led government under Prime Minister Narendra Modi came to power at the Centre, he said. "After Independence, Assam's economy started t

Kerala attracts proposals worth Rs 1.53 trn from firms in investors' summit

IKGS had a total of 30 special sessions, in addition to an engaging exhibition featuring over 100 enterprises reflecting the focus sectors

Major changes underway to make Kerala a investment hub: CM Pinarayi Vijayan

Highlighting the growth potential in the state, Kerala Chief Minister Pinarayi Vijayan on Friday said changes happening in the state are substantial and efforts are on to ensure an investor-friendly architecture. Inaugurating the Invest Kerala Global Summit (IKGS) here, he said every nerve will be strained and no stone will be left unturned to make the state an investment destination. "We take criticisms in our stride and try to understand what remains to be done in our march forward in making Kerala an investment destination," he emphasised. Vijayan is heading the Left Democratic Front (LDF) government for the second straight term. "Major strides have been made in simplifying the procedures," the chief minister said and stressed that the changes are not incremental but are substantial. The government considers itself as a facilitator and catalyst for investments, the chief minister said and added that serious steps are also being taken to transform the higher education sector. A

India Inc's investments rise 39% to Rs 32 trn in nine months: SBI Report

Government investment reached 4.1 per cent of GDP in FY23, the highest since FY12, while private sector investment as a share of GDP climbed to 11.9 per cent

Bharat Value Fund Series 3 secures Rs 1,250 cr, eyes Rs 2,500 crore target

Managed under the India Inflection Opportunity Trust, BVF Series 3 targets a total corpus of Rs 2,500 crore, including a Rs 1,000 crore green-shoe option

India's green investments to grow 5-fold to Rs 31 trn by 2030: CRISIL

Subsidies, grants key for high-risk green projects, says CRISIL

Rising Rajasthan Summit: Trade body seeks migrant support for investments

Memorandum of understanding (MoUs) worth Rs 35 trillion, the highest in the state's history, were signed during the three-day summit held in Jaipur from December 9-11

Avendus seeks $466 million as it launches new India private credit fund

The 25 year-old Mumbai-based financial services firm aims to raise as much as Rs 4,000 crore ($466 million) through the fund, that will invest in the debt of mid-sized businesses in the country

Indian investments creating jobs for Americans as well: Eric Garcetti

Our collaboration has also led to some new pinnacles of economic integration. And the stats speak for themselves, said Garcetti

Bihar fully prepared to create robust biz ecosystem: Deputy CM Choudhary

Bihar Deputy Chief Minister Samrat Choudhary has asserted that the state is fully prepared to create a robust business ecosystem with improved infrastructure facilities along with better law and order situation, while assuring domestic and global firms that their investment is "safe". In a podcast interview with PTI, Choudhary, who is also the finance minister, highlighted the steps that are being taken by the state government to change the image of Bihar and attract investments into the state for creating employment opportunities and achieving higher economic growth. The state government is organizing 'Bihar Business Connect' Summit on December 19-20 here to attract investments. "With the guidance of Chief Minister Nitish Kumar and Prime Minister Narendra Modi, Bihar is fully prepared to create a robust business ecosystem. Bihar is ready to stand with you, offering all the support needed for your success," Choudhary said. He invited domestic and global corporates to visit Bihar an

President-elect Trump promises fast permits for those investing $1 bn in US

Trump's pledge, though, is in line with his vows to help bolster energy, infrastructure and other domestic investments in his second term and roll back federal regulations

Year-end portfolio review, Vatsalya scheme: Top personal finance stories

This week report about how to check and balance your financial investments and how a government scheme for children's retirement scheme works

Indonesia to assess $100 mn Apple investment proposal to end iPhone 16 ban

Southeast Asia's largest nation confirmed that it had received Apple's latest investment offer, which entails building a manufacturing plant to produce accessories and components

Rajeev Misra's OneIM upsizes to $8 billion to enhance investments

OneIM is backed by Abu Dhabi conglomerate Royal Group and Mubadala Investment Co., one of the emirate's sovereign wealth funds

CPP Investments' assets reach $675.1 bn in Q2 FY25 amid market volatility

In India, the Canadian firm said it sold its 6 per cent stake in Delhivery, India's largest third-party logistics service provider, generating net proceeds of C$298 million (US$211 million)

Bonfiglioli starts work for Rs 320 cr Tamil Nadu unit; to start ops by 2025

The 25-acre Cheyyar plant reinforces Bonfiglioli 's commitment to the 'Make in India' initiative and solidifies its position as one of India's largest gearbox manufacturers

Early-stage VC firm 8i Ventures scores 12X return on M2P Fintech exit

The fintech startup's evolution from a card-issuing platform to a broader banking-as-a-service (BaaS) provider helped drive the returns

Beauty products platform Purplle raises Rs 1,500 cr in funding round

Subsidiary of Abu Dhabi Investment Authority leads in committing investment