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Financial Investment

Govt clears Rs 3,516 cr investment proposals under PLI scheme for ACs, LEDs

Out of these, the government selected 18 companies-10 manufacturers of components of ACs and eight LED light manufacturers-with committed investment of Rs 2,299 crore

Updated On: 20 Jan 2025 | 6:45 PM IST

Net FDI inflow slowed to $0.5 billion in April-November: RBI data

Gross inward FDI during April-November 2024 increased to $55.6 billion from $47.2 billion a year ago, according to the Reserve Bank of India's data (January 2025 bulletin)

Updated On: 17 Jan 2025 | 11:57 PM IST

Madhuri Dixit, Gauri Khan among celebs to buy OYO shares in recent months

Gauri Khan bought 2.4 million shares of OYO during the recent Series G funding round concluded in August 2024 where the company raised over Rs 1,400 crore from a consortium of investors

Updated On: 12 Jan 2025 | 5:32 PM IST

EMO Energy raises $6.2 million in Series A led by Subhkam Ventures

The company will utilise the raised funds to scale its two-wheeler energy solution to over 1 lakh vehicles over the next two years while advancing the deployment of 1 GWh of energy storage

Updated On: 07 Jan 2025 | 6:05 AM IST

Select index factor fund based on high conviction and risk appetite

A market cap-based index selects and assigns weights to stocks based on market cap, favouring larger companies

Updated On: 06 Jan 2025 | 10:16 PM IST

Investment summit displayed Rajasthan's business potential: Col Rathore

The summit was held from December 9-11 in Jaipur

Updated On: 06 Jan 2025 | 5:58 PM IST

Venture capital firm Accel secures $650 million for eighth India fund

Accel earned a 35x gain on its investment in Swiggy's initial public offering (IPO), marking one of the biggest gains for the Silicon Valley fund

Updated On: 01 Jan 2025 | 10:31 PM IST

Crypto wrap 2024: Bitcoin, altcoins remain popular among Indian investors

The recent Bitcoin rally in December saw the cryptocurrency surge past the $100,000 mark, drawing Indian investors to homegrown crypto exchanges

Updated On: 26 Dec 2024 | 11:48 PM IST

PIL in Bombay HC seeks action against 'Mutual Fund Sahi Hai' ads by Amfi

The petitioner, a chartered accountant, has alleged that Amfi is 'recklessly propagating that mutual funds are right without any basis or rationale'

Updated On: 20 Dec 2024 | 11:07 PM IST

Narrowing of US, Indian 10-year treasury yields to impact FPI inflows

Indian 10-year government securities closed at 6.78 per cent on Thursday, while US 10-year treasuries were trading at 4.54 per cent

Updated On: 19 Dec 2024 | 11:06 PM IST

With $4 bn across 87 deals, PE-VC funds' investments see 156% rise in Nov

Buyout investments emerged as the leading deal type in November at US$ 1.6 billion, followed by start-up investments at US$ 1.1 billion

Updated On: 18 Dec 2024 | 7:37 PM IST

Time for India Inc to join the capex party and invest more, says Birla

The government has increased its capital expenditure five-fold in the last decade, Birla said while speaking at a Bombay Chamber of Commerce and Industry's 189th foundation day event here

Updated On: 13 Dec 2024 | 9:29 PM IST

B2B supply chain financing platform Mintifi raises $80 million from Prosus

The investment firm acquired a 10.65 per cent effective interest in the Mumbai-based fintech with the latest round of fund infusion

Updated On: 02 Dec 2024 | 8:26 PM IST

Insurtech firm Zopper raises $25 million in Series D funding round

The round also saw participation from existing investor Blume Ventures, said Zopper which is also backed by Creaegis, Bessemer Venture Partners and ICICI Venture

Updated On: 21 Nov 2024 | 6:42 PM IST

Alpha Alternatives raises Rs 3,800 cr for first close of maiden infra fund

The category II AIF will invest in road assets across India

Updated On: 18 Nov 2024 | 7:57 PM IST

hBits announces Rs 54.66 cr Grade A investment in MMR's growing BFSI demand

hBits' latest Grade A commercial asset is located at Ashar IT Park, Wagle Estate, Thane

Updated On: 18 Nov 2024 | 6:22 PM IST

BS BFSI Summit: 'Regulatory compliance key to consumer protection'

While compliance may incur costs, it strengthens consumer trust and safeguards data security in an era when customers increasingly demand faster service, said panellists at the BS BFSI Summit

Updated On: 08 Nov 2024 | 12:05 AM IST

BFSI Summit: 'Supply pressure for affordable housing despite strong demand'

The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders. However, there is better clarity on regulations

Updated On: 07 Nov 2024 | 11:47 PM IST

Deutsche Bank infuses Rs 5,113 cr into India operations for expansion

"India is well positioned to benefit substantially from many of today's most important trends reshaped supply chains, digitisation of industries, increased geopolitical frictions

Updated On: 06 Nov 2024 | 11:51 AM IST

Kotak Alternate Asset Managers to raise Rs 1,600 cr via healthcare PE fund

The value of India's hospital industry is expected to reach 18.35 trillion rupees by 2027 and is growing at a pace of around 18.24%, according to government data

Updated On: 04 Nov 2024 | 4:55 PM IST