Page 10 - Investments

US fund TFCC to buy 46% stake in Chennai's Ramcharan for $4 billion

According to the company's official website, Ramcharan's registered office is at Dover City in Kent County

Rajasthan bags investment commitments worth about Rs. 78,700 cr

Major investors include Renew Power and JK Lakshmi

The Petrov moment in a client's life

A sketch by Carl Richards illustrates that the advisor stands between the client and her big mistake

German financial institution invests $20 million in Annapurna Finance

Besides improving capital base, DEG investment would be used for enhancing credit formal financing eco-system women borrowers in rural India.

Equity fund mobilisation slows in October, shows Amfi data

In the current financial year, equity funds mobilised over Rs 30,817 crore per month, on average

Making money from leveraged bets on initial offers is difficult

Pricing, oversubscription level, and listing-day gains must all be right for you to make a quick buck

Investments in J&K expected to reach Rs 35,000 cr by Dec: Manoj Sinha

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday said investments in the Union Territory are expected to reach Rs 35,000 crore by December 2021 and proposals for Rs 25,000-crore funding have already been received. Sinha highlighted the key reforms and steps taken for managing the UT's economy during COVID-19, its growth potential and focus areas, besides putting across issues that require consideration by the Union government during interaction with Finance Minister Nirmala Sitharaman, in a meeting chaired by her. Highlighting the steps taken for growth in the economy, the lieutenant governor said "the investment in J&K is expected to reach Rs 35,000 crore by December 2021 and proposals for Rs 25,000 crore have already been received". He said that land has been approved for proposals worth Rs 1,700 crore. "Out of 6,000 acres of land earmarked for the development of industrial estates, 3,000 acres have already been identified." On the steps taken for managing the ...

Opt for thematic offerings only if you can time your entry and exit

Most investors should stick to diversified funds where fund manager has the leeway to exit non-performing themes and sectors

Stage set for India's investment cycle to kick-start, says FinMin

For the first time since January this year, households expected inflation to fall, according to the RBI survey

Don't invest just to save tax but to get closer to your financial goals too

Choose an equity, debt or hybrid instrument depending on investment horizon and asset allocation

Telangana on a 'meet or beat' spree to attract job-creating investment

In a bid to attract job-creating investment, the state is focusing on besting incentives that other states offer - and it seems to be working

Trifecta Capital invests Rs 400 cr in 4 Indian technology companies

Trifecta Capital on Wednesday said it has invested Rs 400 crore (about USD 53 million) across four companies

Actis to infuse $850 million into sustainable infra projects in India

Sustainable infrastructure-focused investment firm Actis on Thursday said it will more than double its investments in the country by infusing $850 million in projects over the next five years

Biz2Credit plans to invest $100 million in India over next 5 years

Fintech firm Biz2Credit plans to invest USD 100 million in India over the next 5 years on research and development as well as expanding operations. The company is also planning to strengthen its technology team by adding over 150 new employees in 2021 across various positions, including entry, mid- and senior-level positions. "We are delighted to see such massive growth in our business in India, this gives us the hope to further invest in Indian operations. Despite the uncertainties that two waves of the coronavirus pandemic unleashed, we have clocked a massive growth in the revenue with 15-plus new client wins and eyeing a greater leap in the next 10-12 months," Biz2Credit CEO and co-founder Rohit Arora said in a statement. Founded in 2007, Biz2Credit is backed by Nexus Venture Partners. In 2019, the online lending platform completed a Series B capital financing round of USD 52 million led by WestBridge Capital. "The investment will be spent mainly in R&D, operations, and ...

Pakistan needs investment to accelerate industrialisation: PM Khan

Pakistan Prime Minister Imran Khan on Monday said that his country needs investment, especially from China, to accelerate industrialisation and provide jobs to its growing population

Investors prefer target maturity index funds to fixed maturity plans

Lower interest rate risk and predictable returns key attractions

RMZ Corp appoints Avnish Singh as MD-Investment Management

Bengaluru-based realty firm RMZ Corp has appointed Avnish Singh as Managing Director, Investment Management. RMZ Corp is a privately-owned real estate owner, investor, and developer. Singh will be instrumental in driving RMZ's growth, across India. His role will include new project acquisitions and capital raising to fuel the firm's hyper-growth strategy while forging new global partnerships and strengthening the current relationships. A founding member of JLL with over 20 years of experience, Singh has worked at Tishman Speyer and GE Capital Real Estate, the company said in a statement. He is an alumnus of Harvard Business School, ICFAI, Fergusson College, and Gokhale Institute of Politics & Economics. RMZ Corp aims to propel its current 67 million square feet of real assets, valued at USD 10 billion, to 87 million square feet which will be valued at USD 15 billion by 2026, the statement said.

Seeing early signs of rising private investments, says BSE chief

The optimism over India's economic rebound pushed the benchmark S&P BSE Sensex above the 60,000-mark.

Kinetic Green plans Rs 1,750 crore investment in Andhra Pradesh

Kinetic Green Energy and Power Solutions CEO met Andhra Pradesh Chief Minister here on Friday and discussed her company's plans to invest Rs 1,750 crore for setting up new facilities in the state

BP invests about Rs 97 crore in BluSmart, its first fund in India

BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years