Page 3 - Investments In India

Bakingo raises $16 mn from Faering Capital, eyes national expansion

Over the last few years, Bakingo has delivered products across India, including in Gurgaon, Delhi, Noida, Bangalore, Hyderabad, and Mumbai

PE/VC investments see 60% jump to $13.6 bn in Jul-Sep qtr: Report

Private equity (PE) and venture capital (VC) investments registered a 60 per cent year-on-year growth in the July-September quarter to touch USD 13.6 billion, according to the latest EY-IVCA monthly PE/VC roundup. According to the report, the third quarter of this year recorded an investment worth USD 13.6 billion across 209 deals, 60 per cent higher than the investments in the third quarter (3Q) of 2022. On a sequential basis, however, deal value was 5 per cent lower than the April-June quarter, the report said, adding that the number of deals in the July-September quarter was lower by 18 per cent on a year-on-year basis. "A pickup in pure-pay PE/VC investments of around 88 per cent bolstered the growth in total PE/VC investments in 3Q2023, which recorded 31 large deals aggregating USD 10.7 billion compared to 15 large deals worth USD 4.8 billion in 3Q2022," Vivek Soni, Partner and National Leader, Private Equity Services at EY India, said. According to the report, since 2018, the

India Inc raises 4.6 times more capital via QIP in H1FY24, shows data

Equity issuance in the first half reached Rs 73,747 crore, marking a 69 per cent increase year-on-year

Odisha clears 19 investment projects worth Rs 3,663 cr; to employ 13,500

The Odisha government on Saturday approved 19 investment projects worth Rs 3,663 crore. These projects, approved during a meeting of the State Level Single Window Clearance Authority (SLSWCA) held under the chairmanship of Chief Secretary Pradeep Kumar Jena, are expected to generate employment for over 13,500 people, an official statement said. The EPIC Group, a Hong Kong-based apparel manufacturer renowned for serving some of the world's leading brands, is poised to bolster foreign direct investment (FDI) in Odisha, it said. Trimetro Garments India Pvt Ltd, a subsidiary of the EPIC Group, is planning to invest Rs 376.85 crore for the establishment of its apparel manufacturing facility in Khurda district, it said. The state government has approved proposals of several steel companies including Nezone Steel Utkal LLP, Advance Steel Tubes Limited, Nirmal Steels Private Limited, Rungta Mines Ltd, Ferro Tech India Pvt Ltd, and Super Sonic Logistics Pvt Ltd. Collectively, these companie

Hettich invests Rs 600 crore in Madhya Pradesh, opens manufacturing plant

Andre Eckholt, managing director of Hettich India, SAARC, Middle East, spoke with Business Standard about the company's experiences and expansion plans in Indore and Madhya Pradesh

Reliance Retail Ventures in talks with investors to raise another $2.5 bn

According to a Reuters report, the company intends to raise $2.5 billion, which is part of a combined target of $3.5 billion, and plans to complete this exercise by the end of the quarter

Investments via P-notes rise to Rs 1.23 trn in Jul, highest since Dec 2017

The latest data includes the value of P-note investments in Indian equity, debt, and hybrid securities

Identified investments worth Rs 10 trillion, says shipping minister

According to government estimates, there is a significant scope of investments in the maritime economy, as major ports currently face an infrastructure deficit

How does India's $11.1 trillion household savings into equities stack up

Jefferies estimates the structural flows from retail to the equity markets at around $30-35 billion per annum

Sebi introduces framework for direct mutual fund investment platforms

Opens doors for monetisation of platforms facilitating commission free MF investment

Have realistic expectations from your investments

An investment's six-month performance is akin to data shown on TV during a match - useful to know which way the match is going, not select a batsman

AWS to invest Rs 1.05 trillion to boost cloud infrastructure in India

Amazon's cloud computing unit said its long-term commitment in India will reach Rs 1.36 trillion by 2030

AIF commitments jumped 30% to Rs 8.33 trillion in FY23, shows data

Industry experts see more inflows as HNIs and wealthy investors shy away from debt MFs

Advisors, distributors bring 95% of new millennial investors to MFs

Overall, investors from B-30 areas account for 26 per cent of the total individual assets under management with MFs, shows data

Aiming for the high road

Government's policies can either enable or limit our prosperity

Production incentive scheme draws $6.54 bn in investments till Dec 2022

While New Delhi pays local manufacturers when sales targets are met, the scheme helps draw investments and create new jobs

Huge investments opportunities are there in India, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said huge investment opportunities are there in India due to its large domestic consumption demand, rule of law and transparent economy. The minister is in the US for a three-day visit. India is a land of opportunity, and the Indian diaspora should take this message to the world, he added. "India offers huge opportunities due to its large domestic consumption demand, democracy, rule of law and transparent economy," Goyal said while addressing the Indian community at an event in New Jersey. He urged everyone to take this message to the world that India is the trusted partner in the supply chain and investment portfolio. He also called the diaspora for promoting made-in-India products and presenting India's investment opportunities to investors in the US. Goyal said transformational reforms that India witnessed over the last few years have made India the world's fifth-largest economy. He expressed confidence that in a few years

Sovereign Gold Bond 2022-23: Series III subscription to open on Dec 19

The applications will close on December 23 and the Sovereign Gold Bonds will be issued on December 27

UP govt delegations invite overseas investments across sectors in state

Several countries have evinced interest in investing in sectors like defence manufacturing in Uttar Pradesh and also participate in the Global Investors Summit to be held in February next year. On Tuesday, various delegations of the UP government travelled to countries, including the US, Canada, South Korea, Belgium, Australia, the UAE and Brazil, urging investors to invest in UP in various sectors, including infrastructure, defence and tourism, as per an official statement. Several investors evinced interest in investing in defence manufacturing, among others, while two important MoUs (memorandums of understanding) were also signed by Western Sydney University, it said. Besides, Agristo Belgium has expressed its intention to invest Rs 300 crore in the food sector of UP by 2023. The Yogi Adityanath government has set a target of attracting investment of Rs 10 lakh crore in the state through Global Investors Summit to be held in February next year. To achieve this goal, a team of

Time still not ripe for investors to bet on long-duration debt funds

Lock into one-two year FDs and continue laddering, say experts