Investment

From fast food to autos, India's digitally connected users lure investors

With the cheapest mobile data rates in the world and the explosive growth of social media and personal entertainment, Indian consumers are going digital at a breakneck pace

Explained: Why the 'sponsorless' mutual funds could be a good idea

Sebi's proposal may resolve conflict between regulations and lead to more investment and activity in the bond markets

Wealth creation is simple but not easy, requires discipline

Clients often fall back into old habits and require motivation to stay on track. Financial planning professionals also provide support during in inevitable setbacks

Another bid to resurrect Rs 10,000-crore Noida Film City project

Yogi 2.0 likely to sweeten incentives to woo investors

Investments in realty remain strong in Q1 2023, office sector mops up 55%

Inflows into office sector up 41% YoY to $900 mn. Key institutional investors signing strategic deals to boost their presence, expand their office portfolio in India

Unauthorised investment advisory services: Sebi bans 4 for six months

Sebi has barred four entities from the securities markets for six months for providing unauthorised investment advisory services and directed them to refund investors' money collected through such services within three months. Those restrained by Sebi are -- Course Work Focus, its proprietor Shashank Hirwani; Capital Research, its proprietor Gopal Gupta; and Rahul Patel who is the proprietor of Capres. In two separate orders, Sebi found that these entities were engaged in the business of providing investment advice to their clients, for consideration, without obtaining Sebi's registration. According to Sebi, Course Work Focus and Hirwani collectively received over Rs 96 lakh from investors during March 2018 to July 2020 and Capital Research, Gupta and Patel together collected Rs 60.84 lakh between June 2014 and November 2019 by providing such unregistered investment advisory services. Through such acts, they violated the provisions of investment adviser (IA) norms, the Securities

Why India's education technology start-ups are in the deep freeze

They will continue to tread on thin ice amid a long funding winter unless they fundamentally revise their business models

Nagaland receives Rs 4,510 cr business investment intent in B20 conference

Nagaland received business interests in various sectors worth Rs 4,510 crore from both national and International business delegates during the Business 20 conference, an official release said on Thursday. Nagaland on Wednesday hosted the fourth and last B20 meeting as part of the G20 summit held in the North East Region (NER) including Manipur, Mizoram and Sikkim. Altogether 60 delegates from 27 countries participated in the conference. Representatives from business community of Nagaland as well as government departments also participated during the Business to Business (B2B) and Business to Government (B2G) negotiations coordinated by Confederation of Indian Industry under the Ministry of External Affairs, said the release issued by Nagaland Home Commissioner Abhijit Sinha. The B2B/B2G witnessed signing of Memorandum of Understanding (MoU) between Government of Nagaland and investors for investments in renewable energy to the tune of Rs 1,000 crore over the next three years, he .

New projects hit Rs 12.3 trillion in March quarter on large orders

Analysts say slowing growth globally may limit future investments

Investment bankers get $261.5 mn in Q1 despite fall in deals: Report

Despite a massive fall in deal making in the March quarter, deal makers laughed their way to the bank with USD 261.5 million in investment banking fees during the same period, according to a report. The amount is 2 per cent higher compared to the year-ago period. In the three months ended March, deal-making activities declined for the third consecutive quarter, making it the slowest start to a year since 2016 amid multiple headwinds. Geopolitical tensions, supply chain disruptions, rising interest hikes and global recession fears continue to dampen boardroom confidence and investor sentiment, Refinitiv, which is an LSEG business unit and among the world's largest providers of financial markets data and infrastructure, said in the report. Equity Capital Market (ECM) underwriting fees rose 15 per cent to USD 50 million -- the highest first quarter fees since 2021 while debt capital market underwriting fees totalled USD 71.4 million. The latter is a 22 per cent increase compared to th

Iron Pillar raises $129 mn to invest in global cloud firms from India

The venture capital firm said this is the first-ever Series B / C stage fund focused on investing in global cloud software companies from India

HDFC Ltd records 12% loan growth at Rs 9,340 cr in March quarter

Mortgage lender HDFC Ltd on Tuesday said it has reported a 11.6 per cent rise in loans at Rs 9,340 crore in the March quarter. The corporation had assigned (sold) loans amounting to Rs 8,367 crore in the year-ago period, HDFC Ltd said in a regulatory filing. Individual loans sold in the preceding 12 months were Rs 36,910 crore as against Rs 28,455 crore in the corresponding quarter of the previous year, it said. Gross income from dividend for the quarter ended on March 31, 2023 was Rs 207 crore as compared to Rs 128 crore, it said. During the quarter ended on March 31, 2023, it said, there was no sale of investments in subsidiary/associate companies.

V3 Ventures plans to invest 30 mn euros in Indian start-ups

London-based V3 Ventures on Tuesday announced that it will invest around 30 per cent of its EUR 100 million fund in early-stage start-ups in India in the next 12-18 months. V3 Ventures, Co-Founder and Investment Partner, Arjun Vaidya said that the company plans to invest the rest of the fund in the US and Europe. "India's economy is still growing rapidly and we are one of the fastest-growing economies in the world. In this macros environment - India has a unique advantage. "Given this, we expect consumer and technology businesses to thrive in the foreseeable future. This allows us to identify and back entrepreneurs who are building strong, purpose-driven, scalable brands," he said. Vaidya said that the VC will back good businesses and are very bullish about the opportunity India presents to the firm. "We aim to invest roughly 30 per cent of the 100 million euro fund. We have a strong pipeline in place and believe in a concentrated strategy. We believe India is at the cusp of a ...

HNIs to drive surge in demand for luxury housing in Delhi NCR in 2023

The luxury sector is over-indexed, with homes priced at Rs 2-3.5 crore growing at a faster rate

Tata Steel subsidiary Tinplate Company set for Rs 2,000 crore expansion

TCIL's current capacity is 415,000 tonnes; first phase of expansion, which involves an investment of Rs 2,000 crore, would add another 300,000 tonnes

Bahrain seeks to attract investment with new golden licence for companies

The move is part of an economic recovery plan launched by the oil producing state in October 2021 to boost growth and job creation

Prashanthi Balamandira Trust invests Rs 400 cr to strengthen operations

The Prashanthi Balamandira Trust on Monday said it plans to invest an additional Rs 400 crore to expand its recently inaugurated medical college and hospital in Karnataka. On March 25, Prime Minister Narendra Modi inaugurated 'Sri Madhusudan Sai Institute of Medical Sciences and Research' (SMSIMSR) & 'Sri Sathya Sai Rajeswari Memorial Block', a completely-free-of-cost medical college and hospital, at Sathya Sai Grama, Muddenahalli in Chikkaballapura district. "The Prashanthi Balamandira Trust, which manages the Sri Madhusudan Sai Institute of Medical Sciences and Research, will spend another Rs 400 crore in the next phase for the construction of another 400-bed teaching hospital and related facilities to complement the medical college," its Founder Sri Madhusudan Sai said in a statement. The trust is working with like-minded individuals, philanthropists and corporate partners for this unique free education model, he added. "The trust is expected to spend around Rs 125 crore to Rs .

Investment banker Sudha Shivkumar is now president of Ficci women's wing

As 40th President of FLO, she will focus on empowering women by facilitating an enabling environment that promotes entrepreneurship, industry participation and economic development of women

Mahindra Resorts to invest Rs 1,800 cr, to add 2,100 rooms in 5-6 years

Mahindra Holidays & Resorts, the only listed entity in the membership-driven holiday segment, will add 2,100 more rooms in the next five to six years with an investment of around Rs 1,800 crore, according to a top company official. The company, better known as Club Mahindra, runs 119 properties, of which 74 are in the home market, 33 in Finland, Sweden and Spain being run under the banner of Holiday Club which it bought some years back. It also has 12 properties in the Middle East and South Asian markets. At present, the company has 4,900 keys inventory. The company has a customer base -- all club members and most of them having 25-year memberships -- of 2.8 lakh as of December 2022. The membership fee is the biggest revenue stream for the company, which is a debt-free entity of the Mahindra group and had a cash pile of Rs 1,090 crore at the end of December. "We'll be closing FY23 with 4,900 rooms across 119 properties, 60 per cent of them are owned properties and the rest ...

Investment target under mobile PLI scheme increases to Rs 5,124 cr: MoS IT

The cumulative investment under the production-linked incentive scheme to boost mobile manufacturing has increased to Rs 5,124 crore till December from the Rs 3,726 crore target set earlier for the current fiscal, Parliament was informed on Wednesday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written submission to the Lok Sabha shared that the cumulative investment target for the entire scheme period is Rs 7,000 crore. The data shared by the minister shows that the government has set a target to achieve production of Rs 8.12 lakh crore under the five-year scheme period of the Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing (LSEM) to boost mobile phone manufacturing. "Over the tenure of the PLI Scheme, the 16 approved companies are expected to lead to a total production of more than Rs 8,12,550 crore. Out of the total production of Rs 8,12,550 crore in the next 5 years, around 60 per cent is expected to be contributed by ...