Investment

Govt to sell part of its IREDA stake to support IPO The Cabinet Committee on Economic Affairs (CCEA) has approved listing of the Indian Renewable Energy Development Agency Limited (IREDA) on stock exchanges through an Initial Public Offer by part-sale...

Ayurvedic BPC worldwide market to expand to $30bn in 5 years Citing that the Ayurvedic Beauty and Personal Care (BPC) category worldwide is expected to grow to US$30 billion in the next five years from the current US$12 billion, T.A.C...

Tripathi says Hero Future Energies to help AP emerge as a renewable hub Hero Future Energies plans to invest Rs.30,000 crores to set up RE facilities (Solar & Wind) for Commerce & Industrial customers, Utility projects and green hydrogen Derivatives...

Das says IFC to maintain leading position as financier of RE space The Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA) on 13 Mar 2023, helping the company...

Part of fund for acquisition of 2 million sq ft operational assets A Singapore-based Private Equity fund has committed US$200 million to NCR’s Industrial and Logistics real estate developer Pragati Group, part of which is to acquire two international grade...

Yadav underline Godrej's long-term strategy to be catalyst in India's oil mission Godrej Agrovet Limited (GAVL) will be making an estimated Rs.100 crore investment to set up a manufacturing facility for Edible Oil Refinery & Solvent Extraction Plant in Andhra...

Ramp-up to 15 hospitals in 7 cities with 3,000+ beds in South India Chennai’s Kauvery Medical Care (India) Limited says US$70 million funding from private equity fund managed by IIFL Asset Management Limited is for 1,000-bed next phase of growth...

Sauvage aims to offer our 'TDK Goodness' to the greatest minds in India Tokyo-based TDK Corporation (TSE: 6762) said its innovation hub at Bengaluru will bring together Venture Capitalists and Corporate Venture Capitalists (VCs and CVCs) in an atmosphere of...

Chancellor wants to recruit Indian talent in Germany German Chancellor Olaf Scholz has assured his personal intervention in having the India-European Union Free Trade Agreement concluded at the earliest, acknowledging the importance to boost bilateral trade and investment. Scholz also...

Mitra’s magic works on Fullerton P&L A Japanese-Singapore owned Fullerton India Credit Company Limited (Fullerton India), one of the leading NBFCs in the country, reported a profit of Rs.551 crores for the third quarter of FY23. Total Disbursals stood at...