Investment

Chennai’s EV company plans 500 charging station network pan-India The Chennai-based Relux Electric, a fast-growing EV charging infrastructure provider in south India, is all set to invest Rs.330 crore on developing ultra-fast charging hubs in Tamil Nadu in the next...

Indian-French venture would invest Rs.1,568 cr in 8 years Diversified conglomerate Adani Group has committed Rs.42,700 crore in Tamil Nadu across various sectors on the second day of the Global Investors Meet 2024 held in Chennai 8-10 Jan. At the...

Surat’s green energy group says 29 institutional investors were allocated QIP shares KPI Green Energy Ltd has raised Rs.300 crores through a Qualified Institutional Placement (QIP) by issuing shares to Qualified Institutional Buyers (QIBs) that included international investors and followed...

New subsidiary to engage in lending activities, subject to approvals Abans Holdings Limited (AHL | 543712 | INE00ZE01026) of Mumbai has been appointed as an investment manager for Alternative Investment Funds (AIFs) in the GIFT City as it enters the...

NSE CPSE-BSE CPSE Indices showcase returns of 160.49%-128.66%, as of Nov 2023 Calls have been made for Expression of Interests (EoIs) for the ongoing strategic disinvestment of IDBI Bank Limited, PDIL, HLL Life Care Limited, NMDC Steel Limited, Shipping Corporation...

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%...