Investment

2.3 GW of new capacity was added in Nov, says MNRE Non-fossil fuel installed capacity has reached 213.70 GW as of Nov 2024, marking an impressive 14.2% increase from last year’s 187.05 GW, Ministry of New and Renewable Energy (MNRE)...

Capital will help us launch more satellites quicker, says Ahmed New investors M&G Catalyst and Glade Brook Capital Partners joined existing backers Google, Radical Ventures and Lightspeed among others in Pixxel’s latest US$24 million fund raise which will accelerate the...

DY Patel Group to facilitate medical tourism strong demand in India In a landmark collaboration, Mulk International from the UAE and India’s Ajeenkya DY Patil Group have pledged AED100 million in recently acquired Mulk Med Healthcare to become equal shareholders...

Affordable housing to drive real estate growth, says Raheja The existing shortage plus upcoming demand for affordable housing segment in India is estimated to be 30.7 million units by 2030, a Rs.44 trillion financing opportunity for the sector https://www.bseindia.com/. "Affordable...

Minister to address key issues presented at forum The Minister of Trade and Industry Cecilie Myrseth has urged Norwegian companies to grow in India under the Trade and Economic Partnership Agreement (TEPA) agreement. Speaking through video call, she appreciated the...

Fast expanding economy needs world-class bourses, says Ramamurthy The 150-year-old BSE has invested nearly Rs.500 crore on modern trading infrastructure including heavy-duty technology in its journey towards charting a new path towards occupying significant presence in the Indian marketplace as...

Sood says RBI addressing growth and inflation dynamics The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the 50-bps cut in the Cash Reserve Ratio (CRR) by the Reserve Bank of India on 6 Dec 2024. Responding...

CIL planning large Under Ground mines Terms and conditions of commercial coal mining are very liberal with no restriction on utilization of coal, allowing new companies to participate in the bidding process, reduced upfront amount, Minister of Coal and Mines...

Jisang Yoo named CEO to lead Mirae Asset Sharekhan South Korean Mirae Asset Financial Group says the completion of its acquisition of Sharekhan aligns with its vision of establishing a robust presence in India’s retail brokerage market. The acquisition, following...

Fund to invest in emerging businesses out of India Star Union Dai-ichi Life Insurance Co Ltd (SUD Life) has launched two new funds, creating opportunities for Indians to participate in India’s growth story as well as invest in new emerging...