Investment

Stork plans to add 150 employees early 2024 in Gurugram office Leading global investment firm KKR is expanding its operations in India with plans to hire 150 employees early 2024 at its new office in Gurugram, saying it is a...

IHC said the stake sale was part of a portfolio rebalancing strategy Abu Dhabi-based International Holding Company (IHC) has increased its stake in the Adani Group’s flagship incubator Adani Enterprises Ltd (AEL) to above 5%, saying it has been buying...

JBIC contributes 51% to fund to enhance Japanese investment in India The Japan Bank for International Cooperation (JBIC) has joined a US$$600 million India-Japan Fund (IJF) with the Indian Government as anchor investors, the Finance Ministry said on 4 Oct...

Dalal says investment to help customers accelerate adoption of digitisation and automation Softcell Technologies Global Pvt Ltd has made a strategic investment in Pune’s AutoFlow Technologies Pvt Ltd, a new-age IT services and technology solutions company specialising in digital business...

Power generation assets acquisition by PFC, REC, SJVN and DVC The Competition Commission of India (CCI) has approved the proposed acquisition of 100% shareholding of Lanco Amarkantak Power Limited (LAPL) by PFC Projects Limited, REC Limited, SJVN Limited and Damodar...

Pennyslvania fund focuses on follow-on investments with well-capitalized companies including Jai Kisan Trifecta Venture Debt Fund - III says it has investible corpus of Rs.4,440 crore with dry powder of nearly Rs.3,000 crores, but it is navigating a macroeconomic environment...

Nainani wants to expand partner network for waste supply chains ReCircle, a leading resource recovery clean-tech innovator headquartered in Mumbai, recently closed its pre-series A fundraise led by Flipkart Ventures, 3i Partners, Acumen Fund Inc and a pool of HNI...

IRDAI Chairman calls for stakeholders’ collaboration in infra project financing Surety bonds are needed to step in to complement bank guarantees that are required to support approx Rs.100 lakh crore spending on infrastructure through the National Infrastructure Pipeline in the...

Patel says strategic move to capitalize on indigenous research Nirma Group has entered into definitive agreement to acquire 75% of Glenmark Life Sciences Limited from Glenmark Pharmaceuticals Limited at an enterprise value of about Rs.7,500 crore, expanding its existing presence...

India stands at a pivotal moment in the insurance sector Agam Capital, a trusted global platform for insurance analytics, and American Equity Life, a world-class provider of annuity and retirement products, have announced their plans to launch the next-generation life...