Investment

Phillip Nova analyst expects private capex pickup, says demand to stay strong Going into 2023, Indian equity growth can receive a mild blow as current foreign portfolio investment (FPI) flows might weaken slightly and instead shift to China based on...

Minister says 3 Biotech Startups were incorporated every day India's bio-economy has grown 8 times to over US$80 billion in 2022 from US$10 billion in 2014 while Biotech Startups have grown 100 times to 5,300 plus in 2022 from 52...

ArcelorMittal-Nippon JV to set up 24 million tonnes plant in the state Industrialists and heads of major business groups have committed multi-billion-dollar investments in Odisha which is become a manufacturing powerhouse and gateway to the ASEAN markets. Welcoming 54 Industry...

Partnership to consolidate liquidity in Nifty contracts Singapore Exchange (SGX Group) and the National Stock Exchange of India (NSE) have announced on 30 Nov 2022 that full scale operation of the NSE IFSC-SGX Connect is targeted to be ready by...

Gupta highlights the state’s vibrant strategy to promote start-ups For any investment of Rs.100 crores, and above, the Chhattisgarh State Promotion Investment Board offers bespoke benefits to the investors, which will be tailor-made to the specific industry with a long-term...

Policy of using domestic steel has saved Rs.22,400cr on imports Thirty-five companies have filed 79 applications with close to Rs.46,020 crore investments under the Productivity Linked Incentive scheme for specialty steel. Announcing this, Steel Minister Jyotiraditya Scindia has told industry...

Sitharaman wants investors from other countries to join NIIF The Japan Bank for International Development (JBIC) has signed a memorandum of understanding on 9 Nov 2022 with National Investment and Infrastructure Fund Limited (NIIFL) for setting up “India Japan Fund”....

Georgian's Lead Investor Emily Walsh will join the Contentstack board Canadian and American investors have backed Mumbai-based Contentstack’s US$80 million Series C funding for continuing to support enterprise companies. Toronto’s Georgian and Insight Partners of New York co-led the round...

Shiprocket, BharatPe and Vedantu have attained Unicorn status in the last one year Mumbai’s Venture Catalysts Group (Vcats++), India’s first integrated incubator and a full-stack investor for early to growth stage startups, says about 54 of its portfolio startups have...

Banks burdened with $140bn NPAs Mumbai-based Edelweiss is set to raise US$1.6 billion to invest in stressed assets in India, with US$600 million of it coming from CDPQ of Quebec, according to a ResearchAndMarkets report. The investment would be in...