Investment

Co-Founders to continue leading management team Quest Global, with a strong presence in India, has acquired Irvine-headquartered Alpha-Numero Technology Solutions, a VLSI design company with expertise in FPGA and research and development centres in Ahmedabad, Hyderabad and Endicott (New York)....

Paleti ensures platform is deeply configurable Darwinbox, with five offices in India and a global network, has signed definitive agreements to raise US$140 million from Partners Group, one of the largest firms in the global private markets industry (acting on...

India could potentially have capture capacity of 123 Mtpa by 2050 The Indian Government needs to provide US$4.3 billion support at today's prices will be necessary to ensure the adoption of carbon capture, utilisation and storage (CCUS) which is crucial...

Capital to solidify India’s go-to insurance platform Beams Fintech Fund, along with Japan’s Mitsubishi UFJ Financial Group (MUFG) and insurer BNP Paribas Cardif’s fund managed by European investment major Eurazeo, have participated in US$70 million Gurugram-headquartered InsuranceDekho. Beams, a leading...

AMFI told to become conscious of its duties in stock market Commerce and Industry Minister Piyush Goyal urged the mutual fund industry leaders to reflect on ways to minimise volatility in the stock market https://www.commerce.gov.in/. “Large fund inflows, compulsions of...

Reddy highlighted coal’s role in economic progress The Ministry of Coal said its high-impact roadshow, held on 28 Feb in Mumbai, focused on policy reforms, ease of doing business and technological advancements, reaffirming the Government's commitment to unlocking the full...

Chourasia deeply believes in sustainable energy solutions Sunsure Energy says the Rs.128.82 crore long-term debt financing from Tata Capital and Aditya Birla Finance Limited (ABFL) will support the company's 145 MWp portfolio of commissioned solar open-access projects. The financing is...

Noida company delivers 100 MW to GIPCL Noida-based Jakson Engineers Limited has recently unveiled plans to invest around Rs.2,000 crore (US$215.9 million) to set up a 2.5 GW solar cell manufacturing facility, as well as plans to expand its solar...

Minister calls for more conducive logistics system The Government is looking at ways to promote the shipbuilding sector where business opportunities are high, Minister of Commerce & Industry Piyush Goyal said in his address to the 12th Biennial International Conference...

Das allowed to form JVs-subsidiaries in India-abroad Shareholders of Indian Renewable Energy Development Agency Ltd (IREDA) have approved the company’s proposal to raise up to Rs.5,000 crore through Qualified Institutions Placement (QIP) of equity shares in one or multiple tranches...