Investment

Kumar reports strong growth in the Indian healthcare sector Warburg Pincus https://warburgpincus.com/ , a leading global growth investor, has acquired a stake in Chennai-headquartered Appasamy Associates Pvt Ltd,  a leading Indian manufacturer of ophthalmic equipment and devices in India. “This...

Remittance outflow to grow by 9.7% in 2024-28 International inbound remittance market in India is expected to record a CAGR of 9.9%, increasing from US$126.17 billion in 2023 to reach US$212.96 billion by 2028 https://sbi.co.in/ . It has increased by...

German group reports Rs.3,803cr operating results for 2023 Freudenberg Group, a global technology conglomerate from Germany, has announced investments close to Rs.350 crore in CY 2024 across facilities in Punjab, Karnataka and Tamil Nadu while having earned close to Rs.800...

Time to give a push to the food processing industry, says Praveen The Indian agriculture sector is witnessing a robust growth with record levels of production while Food Processing sector has become one of the priority sectors for growth, says...

Indian companies in global expansion mode to seek cross-border IPOs A diverse range of companies are looking to go public this year and cross-border IPOs are expected to gain traction, tapping the international capital markets, says Ajay Menon, CEO &...

Fund to identify intrinsic value of investable companies across sectors The Holani Venture Capital Fund, approved by the Securities and Exchange Board of India (SEBI), is empowered to raise and invest Rs.300 crore of the investor monies in the dynamic...

Basu says investment is testament of shared commitment to leveraging technology Chicago-headquartered TransUnion (NYSE: TRU), the global information and insights company, is making an equity investment in SatSure, a pioneering DeepTech company which has attracted investments fropm HDFC Bank, ICICI...

Innoviti enjoys growing relationship in tough Indian retail space San Francisco-headquartered Bessemer Venture Partners and Mumbai’s Patni Family Office led in raising Rs.40 crore for Innoviti Technologies Pvt Ltd which runs online and offline payment channels, processing over Rs.72,000 crore...

IBC has resolved loans of Rs.3.25 lakh crore The Prime Minister, Narendra Modi, said Rs.3.5 lakh crore was infused into the ailing banking system that has helped public sector banks along with many governance-related reforms. Addressing the RBI@90 opening ceremony...

RBI estimates 7% GDP in FY24 and IMF 6.7% International rating agencies have endorsed India’s strong economic growths, supported by increasing investment flow into the country and the vibrating manufacturing sector. India can export 6.6% y-o-y GDP growth in calendar...