Page 12 - Investments
Global Investment Bank, Capital Trust announce $68 mn investment fund in AI
Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund, which will invest up to $68 million in startups transforming artificial intelligence
 "Global Investment Bank, Capital Trust announce $68 mn investment fund in AI")
Will invest in firms focused on make in India: True North's Ashish Bhargava
Bhargava says the firm had very few challenges in understanding businesses and investing during pandemic as young founders are comfortable having online discussion
 "Will invest in firms focused on make in India: True North's Ashish Bhargava")
Google, Microsoft pledge billions in cybersecurity investments
The Biden administration has been urging the private sector to do its part to strengthen cybersecurity defences against those increasingly sophisticated attacks
 "Google, Microsoft pledge billions in cybersecurity investments")
Samsung plans to invest $205 billion in three years, hire 40,000
Samsung Electronics and affiliates such as Samsung Biologics aim to lead research and spending in areas from telecommunications and robotics to corporate acquisitions
 "Samsung plans to invest $205 billion in three years, hire 40,000")
Check Nidhi firms' antecedents before investing money, says govt
At least 348 entities have failed to meet the criteria to be declared as Nidhi companies
 "Check Nidhi firms' antecedents before investing money, says govt")
Yale taps 36-year-old Matthew Mendelsohn to run $31-bn endowment
Matthew Mendelsohn, 36, will head the second-largest private college endowment in the U.S. -- one that's the envy of peers and institutional investors
 "Yale taps 36-year-old Matthew Mendelsohn to run $31-bn endowment")
House of Kieraya raises $15 million in asset financing from TradeCred
House of Kieraya (HoK), known for furniture and lifestyle rental brand Furlenco, on Tuesday said it has raised $15 million from alternative debt platform TradeCred
 "House of Kieraya raises $15 million in asset financing from TradeCred")
John Abraham, others invest Rs 4 crore in icecream maker NOTO
Actor John Abraham and a clutch of venture capital (VC) funds have invested Rs 4 crore in NOTO, the low-calorie and high-protein icecream brand said on Tuesday
 "John Abraham, others invest Rs 4 crore in icecream maker NOTO")
Govt to monetise 25 airports over 4 years, to fetch Rs 20,782 crore
The government is looking to monetise 25 AAI-managed airports, including Varanasi, Chennai, Nagpur and Bhubaneshwar, over the next four years, which could bring in investments worth Rs 20,782 crore.
 "Govt to monetise 25 airports over 4 years, to fetch Rs 20,782 crore")
Reading down retro tax law gives govt opportunity to renew BIPA
Several law firms representing interests of companies abroad hope this will happen soon
 "Reading down retro tax law gives govt opportunity to renew BIPA")
Mindspace REIT to distribute Rs 272.8 cr to unitholders for Jun quarter
Mindspace Business Parks REIT on Friday reported a net operating income of Rs 359.6 crore and will distribute Rs 272.8 crore to unitholders for the quarter ended June 30.
 "Mindspace REIT to distribute Rs 272.8 cr to unitholders for Jun quarter")
FM Sitharaman exhorts industry to make investment for boosting growth
Finance Minister Nirmala Sitharaman on Thursday urged the industry to come out in a big way to make investment for supporting growth battered by COVID-19 pandemic.
 "FM Sitharaman exhorts industry to make investment for boosting growth")
Turiya Investments sets the benchmarks on socially responsible investing
Unlike typical venture capitalists, Turiya focuses on best-practices for ecology and community, a sense of ideals, and innovative business ideas outside the old paradigm of just software and tech
 "Turiya Investments sets the benchmarks on socially responsible investing")
Kerala will be a destination for responsible investment: Minister P Rajeeve
Kerala's industries minister P Rajeeve talks about the state's industrial roadmap while raising doubts on the Ease of Doing Business rankings by the Centre
 "Kerala will be a destination for responsible investment: Minister P Rajeeve")
Growth optimism: Will govt's own investment and exports be enough?
A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the govt seems to have bet on just two, writes T N Ninan
Pooled investment funds likely to attract service tax: Check details here
GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores
 "Pooled investment funds likely to attract service tax: Check details here")
Robinhood shares surge nearly 82% as retail investors dive into the stock
Shares of Robinhood Markets Inc soared almost 82% on Wednesday before paring gains, helped by a surge of interest from retail traders who have piled into the stock
 "Robinhood shares surge nearly 82% as retail investors dive into the stock")
Invest in equal-weight index to reduce concentration risk: Analysts
Begin with a 50:50 allocation to Nifty50 & Nifty50 Equal Weight index fund
 "Invest in equal-weight index to reduce concentration risk: Analysts")
Paytm Money had more millenials, women investors in the past one year
Average investment per user on Paytm Money is over Rs 70,000, with over 64% investing in mutual funds, 28% in equity, and the rest in digital gold
 "Paytm Money had more millenials, women investors in the past one year")
More & more rich leaving India in search of better investment opportunities
Resident individuals can remit up to $250,000 a year outside India under the Liberalised Remittance Scheme
 "More & more rich leaving India in search of better investment opportunities")
