Indian Investment

The majority of deals are priced at discounts of between 20 per cent to 25per cent of their net asset values, making them attractive for secondary buyers, said Amit Gupta, founding partner at TPG NewQ

Manufacturing sector contributes about 24 per cent to its gross state domestic product

Lagos Free Zone (LFZ) CEO Adesuwa Ladoja on Monday said there is an opportunity for Indian companies to develop new products tailored for the Nigerian as well as the broader African markets. LFZ is a port-based industrial zone (850 hectares) in Lagos, Nigeria, with over USD 2.75 billion committed FDI projects to date. "We are owned and promoted by Tolaram Group and located in Lekki, the sun rise development corridor in Lagos," Ladoja told PTI. According to her, Tolaram Group has observed that having a local presence in Nigeria allows companies to better understand and adapt to the Nigerian market, leading to more profitable operations. "This is an opportunity for Indian companies to develop new products tailored to the Nigerian and broader African markets," Ladoja said. She said LFZ is serving global brands like BASF, Tata International, Kellogg's, Colgate, Arla, Dufil, Lekki Portamong among others as their current tenants. "We are ideally positioned to serve the manufacturing se

More than 90 per cent of Indian institutional investors now consider sustainability information essential in their due diligence process, a study by Deloitte and The Fletcher School at Tufts University said, adding as sustainability becomes more integral to investment management, trust in the ESG data used to inform these decisions is lacking, posing challenges in accessing trustworthy data. "According to Indian investors, the inconsistency or incomparability of ESG rating data (73 per cent), cost constraints on integrating ESG data into investment decision models (71 per cent) and lack of measurable outcomes in corporate disclosures (70 per cent) reduce the trust factor of available sustainability data, inhibiting their ability to implement ESG investment strategies," Deloitte said citing its study titled 'Investor trust in sustainability data'. The study further highlights that Indian investors are more likely to trust in-house proprietary data systems and audited (or assured) ...

External Affairs Minister S Jaishankar on Wednesday sought investments from Nordic-Baltic countries in the development of ports, renewable energy, food processing and fisheries, saying India has put in place institutional frameworks for closer business-to-business cooperation. Addressing the India Nordic Baltic Business Conclave here, Jaishankar also said that India has opened embassies in Tallinn and Vilnius recently and plans to start an embassy in Latvia very soon. He said India has set up an ambitious target to set up renewable energy capacities of 450 gigawatts by 2030, lined up port-led development involving over 600 projects under the Sagarmala program, while the food processing sector has the potential to attract USD 33 billion over the next decade. "So these offer real opportunities for the NB8 (Nordic-Baltic) countries for investment, for trade and for tech collaboration and exchange of mutual expertise and best practices. The growth of fisheries, too, is a domain of natur

Adani said the fight between Israel and Hamas had had no impact on operations at Haifa Port so far

$35 mn fundraise may go through within a week

During the reported month, deposits remitted declined to $50.12 million from $227.23 million in June

The company will also have to consult unions and other stakeholders during this process and that could take up to two months

UK wants exhaustion of local remedies clause tweaked; India stand non-negotiable

A fifth in 27-42 age bracket started MF journey with these schemes in 2022-23, shows report

BENGALURU, India (Reuters) - Ghana, which is struggling with its worst economic crisis in a generation, is seeking Indian investment in its oil and gas sector.

Capital markets regulator Sebi on Friday allowed investment managers of investment vehicles -- REITs and InvITs-- to conduct meetings of unitholders through video conferencing and other audio-visual means. The move would allow maximum participation of unitholders in the decision-making process and help in better governance. Under the rules, an annual meeting of all unitholders of real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) need to be held within 120 days from the end of a financial year and the time between two meetings should not exceed 15 months. Further, managers of such investment instruments are also required to hold meetings of unitholders for certain matters. In two separate circulars, Sebi said it has decided to allow investment managers of REITs and InvITs to conduct meetings of unitholders through video conferencing (VC) and other audio-visual means (OAVM). For conducting such meetings, they need to comply with the procedure prescr

The ancient and historical city of Samarkand, Uzbekistan is all set to host the 22nd summit of the heads of members of the Shanghai Cooperation Organisation (SCO)

Sri Lankan President Ranil Wickremesinghe on Friday advised officials to act immediately and amend government circulars if they impede Indian investment projects in the cash-strapped island nation. Wickremesinghe at a meeting attended by Vinod K Jacob, the Deputy Indian High Commissioner, examined the progress of several development projects in the country based on Indian investment cooperation, an official statement said. Wickremesinghe advised the office to amend the relevant government circulars immediately if they impeded the development projects. New Delhi at different times had raised the slow progress in implementing the Indian projects in the country. In the ongoing economic crisis, India has provided Sri Lanka with credit lines for fuel, fertiliser and essential commodities worth USD 3.5 billion. Additionally, three credit lines were provided to the tune of USD 1.5 billion and foreign exchange crisis support of USD 2 billion, the Indian High Commission said. The governme

Though GFCF growth at 10-year high in constant price terms, but experts say that is overstated

The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/$1 billion between FY24 and FY27

Those with small amounts should skip it owing to high costs and elaborate tax-related compliances

India got record amount of foreign investments last year during the coronavirus pandemic, says Prime Minister in Hyderabad.

Tata Consultancy Services (TCS) and pharmaceuticals and biotech major Wockhardt are among the big investment wins being celebrated in the UK