Page 16 - Investment

Share of direct plans in SIPs rises to 31% in three years, shows data

But their share in SIP AUM hasn't grown proportionately; 'regular' plans still dominate despite higher expense ratio

Transparency as antidote to conflict of interest

Far from being a hindrance to our practice, transparent disclosure of conflict of interest is a powerful tool that has helped us gain clients' trust

Logiy Spaces to invest $37 mn to build logistic park in Karnataka

Industrial and logistic park developer Logiy Spaces has tied up with AA Holdings to build a new project at Narasapura, Karnataka with an investment of USD 37 million (around Rs 300 crore). In a statement, AA Holdings, which has recently been formed by Abhijit Verma, said it has formed a joint venture with Logiy Spaces to invest USD 37 million for the development of 1 million square feet of industrial and logistics park. The project is scheduled for completion by September 2023. "In our endeavour to enable local landlords and aggregators to become successful micro entrepreneurs and fulfil the need for quality commercial spaces in the country, we floated AA Holdings to provide them the right guidance and mentorship," said Verma, the MD and CEO of AA Holdings. "We will be developing 1 million square feet of industrial and logistics park in the suburbs of Karnataka at an investment outlay of USD 37 million. This project will be executed in a joint venture with Logiy Spaces," he ...

Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Nestle plans to invest Rs 5,000 crore in India by 2025: CEO Mark Schneider

Global food & beverage conglomerate Nestle SA plans to invest Rs 5,000 crore in India in the next three-and-a-half years by 2025, its CEO Mark Schneider said on Friday. The move will help the company to accelerate its core business in the country and leverage new opportunities for growth. The investment would be on capex (capital expenditure), setting up new plants, acquisitions and expansion of the product portfolio of the company. Nestle, which currently operates 9 plants across India is also looking at new locations to set up manufacturing capacity. The investment, which would be subject to clearances and approvals, will also help in creating more job opportunities in the domestic market. Sharing the investment plans of the Indian market, which is among Nestle's top ten markets, Schneider in a media round table said the Swiss food & beverage company has an investment plan of Rs 5,000 crore through 2025. "When you look into the investment in this country and the investment ..

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

Japan's Kirin in talks to triple investment in beer maker Bira: Report

Kirin, which first invested $30 mn in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valuation of $450 mn, say sources

Stay invested in US funds even if returns aren't attractive currently

It helps to diversify geographically; while YTD returns of Indian markets are positive and US markets negative, the opposite will also happen at some other time

Supreme Court to hear Amazon's appeal against NCLAT order on October 11

CCI had suspended the 2019 investment deal between Amazon and Future group firm (Future Coupons) and NCLAT had upheld CCI's decision

Machine learning developer TrueFoundry raises $2.3 mn in seed funding

Company will use financing to expand technology team and for product development

Bet on multi-cap funds for disciplined exposure across market caps

However, the minimum 25% exposure to each of the three market caps also makes them volatile

Holcim closes Ambuja Cement sale to Adani, gets $ 6.4 bn in cash

Divestment will help Swiss company become global leader in sustainable building solutions, says CEO

Fund houses set to launch a slew of target maturity funds in coming months

Nearly 40% NFOs filed since July are for these passive debt funds

LIC taking steps to transform corporate governance: DIPAM Secretary

Some of these steps include improving LIC's 13th month and 25th persistency ratio, which is less than its peers

16 states/ UTs have on-boarded National Single Window System so far: Report

NSWS is a platform for the guidance of investors to identify and apply requirements according to the need of their business

FM Sitharaman asks India Inc why it is hesitant to invest in manufacturing

Finance Minister Nirmala Sitharaman on Tuesday sought to know from industry what is holding it back from investing in manufacturing, even though foreign investors show confidence in India. Drawing parallel between India Inc and mythological character 'Hanuman', Sitharaman said the government is willing to engage with the industry and take policy action. This is the time for India We cannot miss the bus, she added. She said the government has brought in production linked incentive scheme, cut tax rates to encourage the domestic industry to invest in manufacturing. No policy can be end in itself.. it keeps evolving as we go on. That applies even to industries that have come in the sunrise sector for which we have given policy support through an incentive. I would equally want to know from the Indian industry why is it that they are hesitant (to invest). We will do everything to get the industry come and invest here..(but) I want to hear from India Inc what's stopping you?, she ...

KKR seeks advisers to sell stake in Avendus Capital, says report

The private equity titan is close to appointing two banks to manage the formal process for the transaction, the people said, asking not to be named as the information is not public

Despite over 20% rally from June lows, analysts bullish on broader markets

With the recent rally, the Nifty Midcap 100 now trades at an 18-per cent premium to large-caps at 23.2x

Magna invests $77 mn in EV startup Yulu to enter micromobility market

Magna will own a stake and hold a seat on the board of the Bangalore based company, it said. The two companies have established a new battery swapping entity.

Bailout euphoria by IMF signals peak of pessimism in emerging markets

The IMF has been sewing up or inching toward loan agreements with some of the most vulnerable nations -- namely Pakistan, Sri Lanka, Zambia, Egypt and Chile -- after months of negotiations