Page 7 - Investment
Okinawa to invest 25 mn euros in next 3 years to develop new products
Electric two-wheeler manufacturer Okinawa Autotech on Wednesday said it will invest 25 million euros (over Rs 220 crore) in the next three years on the development of new products and powertrain. The company said the development will take place at its newly inaugurated first research and development centre in Italy, set up in association with its joint venture partner Tacita. "The first product designed at the global centre will be an electric cruiser motorcycle that is scheduled to be unveiled in the coming months in India," Okinawa Autotech said in a statement. A total investment of 25 million euros over the next three years has been planned for developing new products and powertrain, it added. "Setting up the global R&D centre showcases our ambition to bring the best technologies from the entire world to our Indian customers. The centre will be working on developing futuristic technologies for next-gen electric vehicles," Okinawa Autotech MD and founder Jeetender Sharma ...
 "Okinawa to invest 25 mn euros in next 3 years to develop new products")
Indian real-estate investment grew 32% to all-time high of $7.8 bn in 2022
Indian real estate investments grew by 32 per cent Y-o-Y to an all-time high of $7.8 billion, according to consulting firm CBRE South Asia Pvt Ltd
 "Indian real-estate investment grew 32% to all-time high of $7.8 bn in 2022")
Aditya Birla group to invest in green energy as rivals make commitments
'Thin line between hustle and hubris', Kumar Mangalam Birla warns upcoming companies in blog post
 "Aditya Birla group to invest in green energy as rivals make commitments")
Foreign portfolio investor legroom gains for Kotak Mahindra Bank
During the quarter ended December 2022, the FPI holding in the private sector lender fell 1 basis points quarter-on-quarter to 39.26 per cent
 "Foreign portfolio investor legroom gains for Kotak Mahindra Bank")
Investors should avoid NCDs rated below AA despite mouthwatering returns
Diversify across sectors and match your investment horizon with paper's tenor to avoid liquidity issues
 "Investors should avoid NCDs rated below AA despite mouthwatering returns")
Facebook co-founder's investment fund closes third series at $2.1 bn
Firm will invest in financial services, healthcare tech, enterprise software space
 "Facebook co-founder's investment fund closes third series at $2.1 bn")
Conservative investors, novices should choose passive ELSS funds
Those desiring index-beating returns, but willing to tolerate underperformance, may choose the active plan
 "Conservative investors, novices should choose passive ELSS funds")
Gogoro, Belrise to bet $2.5 bn on battery-swapping infra in Maharashtra
A non-binding memorandum of understanding (MoU) was signed in Davos on Tuesday with the state government
 "Gogoro, Belrise to bet $2.5 bn on battery-swapping infra in Maharashtra")
UP aims to garner Rs 17 trn investment intent from global summit in Feb
Uttar Pradesh govt expressed confidence that the Global Investors Summit, slated for next month in Lucknow, would garner investment commitments worth Rs 17 trillion from foreign and domestic investors
 "UP aims to garner Rs 17 trn investment intent from global summit in Feb")
Capital gains: Investment cut-off date extended, but there's a catch
Taxpayers may not be able to avail of it unless last date for filing revised ITR is extended
 "Capital gains: Investment cut-off date extended, but there's a catch")
Ceat is planning to invest in off-highway tyres segment: Anant Goenka
At Ceat we wanted to grow in our international business, and our OEM customers were becoming more and more exacting in their specifications, said Goenka
 "Ceat is planning to invest in off-highway tyres segment: Anant Goenka")
Ethanol pipeline gets Rs 16K-crore investment bid in Uttar Pradesh
According to the proposals, the companies will set up distilleries, breweries, microbrewery, malt and yeast manufacturing plants, etc.
 "Ethanol pipeline gets Rs 16K-crore investment bid in Uttar Pradesh")
States' fiscal health better after Covid-19 pandemic stress: RBI report
States must urgently push for debt consolidation, create capex buffers
 "States' fiscal health better after Covid-19 pandemic stress: RBI report")
Fractal Growth Partners eyes $250 mn fund to invest in Indian tech startups
"It's targeting investments of $10 million to $15 million per target company and plans to close the investments in about five years"
 "Fractal Growth Partners eyes $250 mn fund to invest in Indian tech startups")
Best of BS Opinion: Investment worries, positive signals, and more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Investment worries, positive signals, and more")
Adani Group to invest Rs 60,000 crore in MP over the next few years
Adani Group plans to set up mega food parks and six multi-modal logistics parks in Dhar, Guna, Damoh, Ujjain and two in Indore
 "Adani Group to invest Rs 60,000 crore in MP over the next few years")
Capital expenditure by CPSEs at 68% of FY23 target by December
Petroleum CPSEs and National Highways Authority of India (NHAI) have so far driven the capex among CPSEs
 "Capital expenditure by CPSEs at 68% of FY23 target by December")
India-US Trade Policy Forum to boost bilateral trade and investment
The US is also the biggest FDI investor in India in terms of equity, as per the Reserve Bank of India's (RBI's) latest FDI data, with Rs 8.1 crore, accounting for 16.9 per cent share in 2022
Between FAME and fortune, EV players worried about their investments
The prospect of the government withdrawing its signature scheme after the March 2024 deadline is likely to hurt dozens of start-ups that rode in on the back of subsidies
 "Between FAME and fortune, EV players worried about their investments")
Buy from rightful owner, don't trip up on titles when investing in a plot
With prices on the upswing, a judiciously chosen plot can yield higher return than an apartment
 "Buy from rightful owner, don't trip up on titles when investing in a plot")
