Investment

Mobile app launched for details on 54EC Bonds REC Limited has launched a mobile application exclusively for current and future investors in REC’s 54EC Capital Gain Tax Exemption Bonds. Named ‘SUGAM REC’, the mobile app will offer investors with complete...

Goyal highlights India-UAE economic growth Minister of Commerce & Industry Piyush Goyal discussed investment plans with CEOs of leading UAE companies Emaar, Sharaf and DP World in Dubai on 6 Oct 2023. He assured them of the Indian Government commitment...

Bangalore EV company is set to onboard top-tier professionals Bolt.Earth, India's leading EV infrastructure and software company from Bangalore, has secured US$20 million from funding round spearheaded by a consortium of both longstanding and new investors, featuring notable names including...

Businesses require multi-channel customer engagement solutions, says Madhusudhan Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE: KLR), having paid an aggregate consideration of approximately US$100 million in cash and assumed all...

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...