Investment

Taiwanese manufacturer proposed a Rs.8,800cr plant in July Foxconn Precision Engineering of Taiwan is investing around US$55.29 million (Rs.460.87 crore) in a facility for which it has acquired 300-acre site at Devanahalli, Bengaluru. The company is investing through its Singapore-based...

AGEL set to achieve its stated target of 45 GW by 2030 The Board of Directors of Adani Green Energy Ltd (AGEL) has approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs.9,350 crore...

21,800+ startups have been on-boarded on GeM The Indian Government, under the Fund of Funds for Startups (FFS) Scheme, has committed about Rs.10,229 crore to 129 Alternative Investment Funds (AIFs), the Ministry of Commerce and Industry said in its year-end...

Agarwal sees strong demand from global asset managers for launching India-focused passive products Seven new passive funds (ETFs/Index Funds) tracking Nifty Indices launched in 2023 in Japan and South Korea have garnered about US$550 million worth of Assets under Management...

Higher inflow of FDI will enhance underwriting capacity, says AM Best report Zurich Insurance Group has proposed a US$487 million investment in Indian insurer Kotak General Insurance as the Government increased FDI cap in insurance sector to 74% from 49%...

RE developers provided land and transmission network, says Minister India’s renewable energy sector has received FDI equity investment of US$6.14 billion during the last three financial years (April 2020-September 2023), Minister for New & Renewable Energy and Power R. K....

Negotiators told to work on early conclusion of nearly completed India-Oman CEPA Indian and Oman trade and commerce Ministers have discussed the need for a focused approach on enhancing investments in both countries. Commerce and Industry Minister Piyush Goyal and...

Startup community has grown to 130,000, says Dr Jitendra Singh India has witnessed over Rs.1,000 crore investment in Space Startups in last nine months, from April to December 2023, says Minister of State for Science & Technology and Space, Dr...

Das underlines MSMEs role in environmental sustainability The Indian Renewable Energy Development Agency Limited (IREDA) Chairman and Managing Director Pradip Kumar Das has highlighted the significance of lending to Micro, Small & Medium Enterprises (MSMEs) in the Renewable Energy sector,...

Jaishankar calls on big businesses to help build Indian supply chain The External Affairs Minister Dr S Jaishankar has highlighted the crucial role of industry as a responsible entity in India's growth narrative. “You are also builders of national strength,”...