Page 8 - Investment

Invest in multi-asset funds for protection against downside risk

Be prepared, however, for these funds to lag when there's a bull run in equities

Equity mutual funds added Rs 7,300 crore in December, shows Amfi data

Investors placed most bets on mid-cap and small-cap funds; liquid ones saw most outflows

Indian realty got $5.2 bn institutional investment in 2022, up 19%: Study

Warehousing, data centres will attract institutional investments in 'years to come', says JLL

70% investment target received ahead of summit in Uttar Pradesh

Since UP is itself aiming to become a trillion-dollar economy, the global investors summit is expected to give a major fillip to the endeavour

Asia the saver

The global savings glut may persist as, despite ageing rapidly, Asia can continue to be a net saver

Kerala says Year of Enterprise project fetched Rs 7,200 cr investment

Project created 256,140 jobs and overshot targets set, says state government

India needs to attract investors exiting China, says Maha DyCM Fadnavis

Maharashtra Deputy Chief Minister Devendra Fadnavis on Sunday said India should be ready to attract industries exiting China, as global investors have realised they "cannot put all eggs in one basket". Addressing the valedictory session of the Advantage Maharashtra Expo here, Fadnavis said there was an "exodus" of industries from China, which was the "factory of the world", with about 40 per cent of manufacturing globally done there. Fadnavis also said that the Eknath Shinde-led Maharashtra government has cleared investment proposals worth Rs 90,000 crore in the last six months. ''Global investors have decided to leave China now, and the only country which has the capacity to digest this exodus is India. We need to attract them, as investors have realised they can't put all their eggs in one basket," the deputy chief minister said. This is an opportune time and "we have to be ready," he said. Despite recession, India is growing at 7 to 8 per cent because of the Rs 20 lakh crore ..

Consumption, infra investments show recovery: First advance estimates

But slowdown visible in H2, shows first Advance Estimates of GDP for FY23

Adityanath says UP safe for investors, interacts with Bollywood in Mumbai

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday pitched his state as a safe investment destination and also interacted with prominent Bollywood personalities during his visit to Mumbai, where Maharashtra's Opposition parties targeted him over his roadshow. Adityanath assured industrialists of a strong law and order situation in Uttar Pradesh, devoid of fear and free of land mafia. "You must have seen that before 2017, there used to be riots every other day, now the law and situation in the state is very strong. We formed an anti-land mafia task force and vacated over 64,000-hectare land from their clutches," the chief minister said. The chief minister told investors that today no goon can collect tax from any businessman or contractor or harass them in Uttar Pradesh. "Even political donations cannot be taken forcibly," he added. The chief minister is on an eight-city roadshow to promote the 3-day 'UP Global Investor Summit 2023' to be held in Lucknow from February 10-12.

Mukesh Ambani to focus on green energy as scions helm other Reliance units

Reliance is seeking billions of dollars of investments in India's energy sector and has approached potential investors including Middle Eastern funds, two of the people said

We Founder Circle became India's largest angel investor network in 2022

The platform became one of the fastest-growing angel network communities and has already facilitated funds worth over Rs 100 crore across 53 startups with 71 deals, it said in a statement

Shapoorji Pallonji's housing platform to invest Rs 750 cr on new project

Business conglomerate Shapoorji Pallonji's housing platform Joyville will invest around Rs 750 crore to develop a new housing project in Pune. Joyville Shapoorji Housing is a USD 200 million platform set up by Shapoorji Pallonji, ADB, IFC and Actis to develop housing projects. The company will develop nearly 1,350 housing units, including duplexes and penthouses, in this new 9-acre project with an estimated sales revenue of over Rs 1,000 crore. "We have acquired about 9-acre land near Hadapsar in Pune to develop a new project," Joyville Shapoorji Housing Managing Director Sriram Mahadevan told PTI. He said the total development potential of this project is around 13 lakh square feet. "In the first phase, we are launching two towers comprising 168 duplexes and penthouses. We did a survey that suggested that there is a great demand for this type of product as people want to upgrade their lives," Mahadevan said. Asked about the project cost, he said the total development cost will b

Govt has pipeline of 44 port projects worth Rs 22,900 cr till 2025: Sonowal

Public-private partnership in port infrastructure has been an important source of investment in the sector and the Ministry of Ports, Shipping and Waterways (MoPSW) has a pipeline of 44 projects for total investment of Rs 22,900 crore till 2024-25, Union Minister Sarbananda Sonowal said on Tuesday. Moreover, the government is working on the guidelines for dealing with stressed public-private partnership (PPP) projects at major ports and has also come up with policies to support the shipbuilding industry in India, Sonowal said. "The Ministry of Port, Shipping and Waterways is working on two fronts to encourage private sector participation... On the project front the ministry has a pipeline of 44 projects for a total investment of Rs 22,900 crore till 2024-25," he told PTI. On the policy front, the ministry is working on the Guidelines for dealing with stressed PPP projects at major ports, Sonowal said. The Ports, Shipping and Waterways minister further said that under the National .

Uttar Pradesh govt raises investment summit target by 70% to Rs 17 trillion

Earlier, the Yogi Adityanath-led government had targeted a net private investment of Rs 10 trillion at the scheduled February 10-12, 2023, summit in Lucknow

Business bites: How have winners of Shark Tank India 1 fared so far

A year later as season 2 begins, start-ups that 'sharks' invested in vouch for marketing gains from it but only a few have raised funds subsequently

Business Standard CEOs poll: Capex tops India Inc's 2023 to-do list

Firms plan to go on a hiring spree; flag rising rates, weak demand as major concerns

Investment worth Rs 73,000 crore brought to Andhra in 3 yrs: Industries Min

Highlighting Andhra Pradesh as a favoured destination for investment, state Industries Minister Gudivada Amarnath said investment worth Rs 73,000 crore has been brought in the state in last 3 years

Himachal Pradesh government to come up with open policy to woo investors

The Himachal Pradesh government will soon come up with an open policy to woo private players to invest in the hydro sector, Chief Minister Sukhvinder Singh Sukhu said on Friday. The chief minister also directed officials to ensure the time-bound completion of all power projects so that the state is not deprived of royalty from these projects. He saw a presentation made by Sai Eternal Foundation, New Shimla. Sukhu also released a song composed by Ravinder Thakur and has been directed by the Congress candidate of the assembly elections 2017 from the Jogindernagar assembly segment, Jeevan Thakur. The song has been sung by Sandeep Sharma and the music was given by Anil Thakur.

Financial resolutions for 2023: 6 ways to get your finances in shape

These tips can help you make and stick to your financial resolutions in 2023

Tata Consumer acquires 23% additional stake in South Africa-based Joekels

FMCG firm Tata Consumer Products Ltd (TCPL) on Thursday said it has acquired 23.3 per cent additional shares of South Africa-based Joekels Tea Packers for Rs 43.65 crore through a step-down subsidiary. Tata Consumer Products Overseas Holdings Ltd (TCP Overseas) -- a step-down wholly-owned subsidiary of the company through Tata Consumer Products UK Group -- "has decided to purchase 23.3 per cent of the share capital of Joekels Tea Packers, Republic of South Africa from its Joint-Venture partners," said a regulatory filing. This is as per the terms of the share purchase agreement and the shareholders' agreement, finalised and executed, amongst TCP Overseas, Joekels and the JV Partners, it added. Over the cost of the acquisition of the stake, the Tata group FMCG arm said it is for a consideration value of Rs 43.65 crore plus the adjustment amount. As a result of the acquisition, the "holding of TCP Overseas in Joekels will increase from 51.7 per cent to 75 per cent" of the equity shar