Page 17 - Investment

MBSI to invest Rs 5,000 crore by 2025-end, says MD Shoji Shiraishi

MBSI has 3,300 units in its fleet and it expects to grow up to 9,500 units by the end of this year, Shiraishi told Business Standard in an interview.

Kotak Securities buys investment platform for advisors, MF distributors

Over 2,300 distributors use the FundExpert Fintech platform to manage mutual fund portfolios worth over Rs 15,000 crore

WealthDesk's Whitepaper discusses how the Unified Wealth Interface (UWI) will be a game changer for the asset, wealth and broking ecosystem;

The white paper provides insights on 'how UWI is Democratising Wealth Creation'.

Need to boost investor confidence for sustainable, transformative growth

India needs to show investors not only that they can achieve decent returns in the country but that their money is safe here

CEPA: When it comes to trade with Bangladesh, India is far behind China

China accounted for 10.2 per cent of FDI investments in Bangladesh between 2014 and 2021, India's share was 3.9 per cent

SoftBank, others in talks to lead $75-million funding in GoMechanic

"The conversations between the investors and GoMechanic are still going on and one of the investors has also shared the term sheet with the firm," said a person familiar with the development

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Debt will be used for settlement and discharge, acquisition and restructuring of financial instruments, says company

HOP Electric Mobility to invest up to Rs 200 cr for capacity expansion

HOP Electric Mobility plans to invest up to Rs 200 crore in next one year on new products, setting up charging infrastructure and in creating additional production capacity, according to company Founder & CEO Ketan Mehta. The startup, which on Monday launched its high-speed electric-motorcycle HOP OXO with prices starting at Rs 1.25 lakh, is also setting up an electric vehicle park at Neemrana in Rajasthan, jointly with its component suppliers. "Cumulatively, till now we've invested close to Rs 50 crore in this business and going forward we are ready to put in up to Rs 200 crore in less than next 12 months," Mehta told PTI. The fresh investments will go into setting up of charging network for the company's products, which will later be opened up to other brands. The investments will also be used on new products, including upgrading of HOP's low-speed electric scooters to high speed, besides the EV park which will also have a new production unit, he added. The new plant at Neemrana

Investments worth Rs 10.44 trn lined up ahead of Invest Rajasthan Summit

Investments of over Rs 10.44 trilion are lined up ahead of the Invest Rajasthan Summit to be held here on October 7-8, Shakuntla Rawat, state Minister of Industries and Commerce, said

Rajasthan govt signs MoUs, LoI for over Rs 10.44 trn investment: Minister

Rajasthan Industry Minister Shankutala Rawat on Saturday said memoranda of understanding and letters of intent for investment of more than Rs 10.44 lakh crore have been signed with companies ahead of the Invest Rajasthan 2022 summit. She said that the state is poised to take a significant step toward a new era of industrialisation with the Invest Rajasthan Summit which is going to be held in Jaipur on October 7 and 8. "Approximately 3,000 delegates from diverse sectors and industries will attend and participate in conclaves on tourism, NRR, MSMEs, agribusiness, start-ups, and future-ready sectors during the summit, she told reporters here. She said that 4,192 MoUs/LoIs have been received during various national and international investor meets/interactions held ahead of the Invest Rajasthan summit. The MoUs/LoIs that were signed are from the sectors like mining and minerals, agriculture and agro-processing, tourism, textiles, engineering, chemicals and petrochemicals, health and ..

CII to hold infra-focused summit for East and NE states from Sept 12-13

A connectivity infrastructure-focused East India Summit will take place in Kolkata involving states of eastern and northeastern states to deliberate on critical aspects of regional prospects for investment. CII, the organiser of the summit, said it will be held on September 12 and 13. It will aim toward creating a sustainable infrastructure roadmap for the east - linking global investments, ports & multimodal, logistics & warehousing, railways, satellite cities, maritime manufacturing, urban infrastructure and infrastructure investment & finance, CII said in a statement. India has emerged as one of the fastest-growing economies in the world and is expected to be one of the top three economic powers globally over the next 10-15 years. The government, through the National Infrastructure Pipeline (NIP), is creating new infrastructure and upgrading existing ones to achieve a USD 5 trillion economy by 2025, the statement said. "To achieve this target, the country needs to spend

Small-cap funds can be rewarding for those who can stomach volatility

Limit investments in this space to 10-15% of your corpus, though; pay attention to fund size

India keen to settle sovereign bonds domestically to help with CAD

JPMorgan, this week, has sought views from the investors on whether it should include India's sovereign bonds in its GBI-EM Global Diversified Bond Index or not

PE, Sovereign funds making larger investments in Indian tech firms

PE funds like Advent, TPG, Temasek and GIC have sped up their investments in India with larger cheques of $100 million or more

Accenture Ventures makes strategic investment in satellite startup Pixxel

Pixxel is building world's highest resolution hyperspectral imaging satellite constellation in order to offer AI-powered insights on climate issues at a fraction of the cost of traditional satellites

Profits elusive for Amazon India despite $6.5 bn investment: Bernstein

Company faces 'immense competitive pressure' and unfavourable regulatory environment, says US research group

Aurobindo Pharma's arm to invest around Rs 300 cr for capacity expansion

Aurobindo Pharma on Thursday said its wholly-owned arm, CuraTeQ Biologics, plans to invest around Rs 300 crore on capacity expansion of biologics manufacturing facilities. The board of directors of CuraTeQ Biologics Pvt Ltd, at its meeting held on Thursday, approved the expansion of its operations by establishing another mammalian cell culture manufacturing facility of higher capacity to cater to the future requirements, Aurobindo Pharma said in a regulatory filing. "The capital expenditure for ramping up capacities is estimated to be around Rs 300 crore," it said, adding that the facility is likely to be fully operational by FY26. Further, the board also approved entering into contract manufacturing operations (CMO) for biologicals for effective utilisation of capacities. This would augment the business prospects in this area as the global biologics contract manufacturing demand is growing at 8-10 per cent and CuraTeQ will actively seek customers in CMO area, it added. The compan

Naveen Patnaik urges industry to invest in Odisha ahead of flagship summit

The conclave, which is being organised after a gap of four years, will be held between November 30 and December 4 in its third edition

June quarter's household consumption, capital investment rise, shows data

Government consumption falls in April-June quarter; inflation and supply chain disruption impacts corporate balance sheets

Japan calls for $24 bn investment to boost battery competitiveness

It added to those April-announced targets on Wednesday with the recruitment and 3.4 trillion yen ($24.55 billion) investment goals