Investment In India

Digital lending startup LoanTap raises Rs 24 crore in venture debt

Funding led by Lighthouse Canton through its Category-II AIF

UAE-based Emirates NBD invests $100 mn more in India, opens 2 more branches

UAE-based bank Emirates NBD on Monday announced an additional USD 100 million investment in its India operations, and added two more branches in Chennai and Gurugram. The lender, having the largest presence in the Middle East region, has so far invested USD 300 million in the last five years of its operations in India in three tranches, its group head for international and group strategy, Neeraj Makin, told PTI. Its country chief executive for India Sharad Agarwal said its current presence is not as a wholly-owned subsidiary, which is preferred by RBI for units of foreign lenders, and added that its focus is on the corporate and trade segment and not the retail side. Makin said it may add 2-3 more branches, including one in Kolkata, over the next 18 months and will definitely infuse more capital if it happens. Agarwal said at present, its overall balance sheet stands at Rs 5,500 crore, which includes a loan book of Rs 3,000 crore and investment book of Rs 1,500 crore. By FY24, it i

8i Ventures announces first close of second investment fund worth $50 mn

Early-stage venture capital company says fintech 'single largest opportunity in India'

Investments taking shape ahead of Rajasthan summit; 3k delegates may join

Around 2,000 people have got direct employment while conditions for indirect employment have been made

Centre proposes stricter valuation rules for overseas direct investments

New rules will be effective from Monday

Investment firm Stride Ventures closes second India fund at $200 mn

Stride Ventures, announced the close of its second India fund at $200 million for investments in consumer, financial technology, agriculture technology, B2B commerce and other sectors.

What is the China-plus-one strategy?

India must reorient its trade policy to take advantage of the increasingly popular China-plus-one strategy. Find out why India is struggling to register itself as a favourite investment destination?

UP ministers to hold roadshows abroad ahead of Global Investor Summit

CM Yogi Adityanath will be sending a group of ministers on foreign tours to showcase Uttar Pradesh as an 'investment hub' ahead of the proposed Global Investor Summit in 2023, a senior official said

China's Great Wall Motor shelves $1 billion India investment plan: Report

The automaker has been planning to enter Indian market since 2020 and the failure to secure approvals makes it one of biggest casualties of New Delhi's increased scrutiny of investments from Beijing.

Investors who have a long horizon should wait for crypto prices to recover

Those who don't anything to do with this highly volatile asset class may also throw in the towel

Data centre capacity to double by FY25 with Rs 40,000 cr investment: Report

The data centre capacity is set to double by FY25 to 1,700-1,800 mw from 870 mw with an investment of Rs 40,000 cr on the back of rising data uptake, coupled with the launch of 5G services

Bain Capital special situations fund earmarks $300 million for India

The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.

What challenges India may face at Davos?

Global investors will be keenly assessing what the Indian delegation has to say at the World Economic Forum's annual meeting. What will be India's strategy and what challenges it could face?

Modi meets Japanese biz leaders, discusses investment avenues in India

Prime Minister Narendra Modi on Monday courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities in India

FM Sitharaman meets heads of FedEx, Mastercard, others during US visit

Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India as the country is poised to be the fastest-growing large economy in the world. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect Raj Subramanian, during the meeting with the Finance Minister, mentioned that he is positive about India and has significant expansion plans, including in skilling. Appreciating the government's commitment to integrated development through PM Gati Shakti Master Plan, Subramanian said the company is looking at R&D Centres in India. Last year, Prime Minister Narendra Modi launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time.

'Indian investors satisfied with performance of their investments in 2021'

Encouraged by the performance of their investments in 2021, semi-urban and rural investors are willing to allocate a higher proportion of their savings to financial assets: Groww survey

Telangana attracted $33 billion investment in seven years: K T Rama Rao

He pointed out that under TSiPASS, which is backed by legislation, all clearances are given through a single window

German firm to set up Rs 1,500-cr manufacturing facility in Telangana

The facility would manufacture magnesium products for cars, commercial vehicles, two-wheelers in both ICE (internal combustion engine) and EV (electric vehicle) segments

EAM Jaishankar, US business leaders discuss investment, creating more jobs

The outcome of this meeting was that the commitment of US companies for India with India has become much stronger during this Covid-19 crisis, says Mukesh Aghi

UN award proof of focus on making India favoured investment destination: PM

Prime Minister Narendra Modi on Tuesday congratulated Invest India, an investment promotion and facilitation agency of the Union government, for winning the '2020 United Nations Investment Promotion Award'. The award is a testimony to our government's focus on making India the world's preferred investment destination and improving ease of doing business, Modi said in a tweet. The United Nations Conference on Trade and Development (UNCTAD) declared 'Invest India' as winner of the United Nations Investment Promotion Award 2020. The award ceremony took place on Monday at the UNCTAD headquarters in Geneva. The award recognises and celebrates the outstanding achievements of the world's investment promotion agencies. "Congratulations to @investindia for winning the 2020 United Nations Investment Promotion Award given by @UNCTAD. This is a testimony to our government's focus on making India the world's preferred investment destination & improving ease of doing business," Modi said. The .