Page 2 - Investments

Union Budget 2023-24 on expected lines, good for investment push

Investors in the automobiles sector are clearly betting on big ticket consumption improving, including commercial vehicles

Tesla reveals loss of $204 million from Bitcoin investments in 2022

Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments

Union Budget 2023: An opportunity to boost investment and consumption

Easing of norms to set up and run enterprises will attract investments in a big way; however, the govt should also ensure that populist measures in the budget don't hamper economic growth

PE deals in Asia-Pacific fall in 2022 as US investors drop China for India

Investors favour technology companies in India and Southeast Asia, says one analyst

Avoid higher TDS with timely, accurate submission of investment proof

For investments made after proof has been submitted to the employer, claim refund in ITR

Venture capital investments in Indian start-ups plunge 38% in 2022: Report

Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth USD 20.9 billion were announced in India in 2022 compared to 1,715 deals worth USD 33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said. Aurojyoti Bose, lead analyst at GlobalData, said India is a key Asia-Pacific market and stands just next to China in terms of VC funding deals by volume and value. It is also among the top four markets (the US, the UK, China and India) globally. India

Tourism sector nets Rs 35K-crore investment proposals in Uttar pradesh

The intended investments pertain to a plethora of projects, including hotels, resorts, river cruise, wellness hubs, ecotourism, entertainment zones, theme parks, etc.

Noida investor summit attracts investment proposals worth Rs 11,500 crore

Uttar Pradesh's Gautam Buddh Nagar on Friday received investment proposals of about Rs 11,500 crore from around 50 investors at the district-level investors' summit, officials said here. Around 250 investors participated in the summit held at the Indira Kala Kendra in Sector 6 here in presence of UP MSME minister Rakesh Sachan, Jewar MLA Dhirendra Singh, District Magistrate Suhas L Yathiraj, Police Commissioner Laxmi Singh, among others. "We got investment intents worth Rs 11,502 crore from 50 investors during the Gautam Buddh Nagar investors' summit today, Deputy Commissioner (Industries) Anil Kumar told PTI. According to officials, three investors were even allotted land by the Noida Authority on Friday itself. Uttar Pradesh is gearing up for a Global Investors' Summit (GIS) which is scheduled to be held in Lucknow in February. Chief Minsiter Yogi Adityanath has exhorted all officials to hold district-level investors' summit in their areas to attract investments into the state.

LG invests Rs 200 cr at Pune facility; starts local mfg of refrigerators

LG Electronics India has invested around Rs 200 crore at its Ranjangaon, Pune-based facility to set up a new line for manufacturing the premium range of side-by-side refrigerators

Insurers can classify green bond purchases as infra investments: Irdai

The investments in green bonds can qualify towards statutory liquidity ratio (SLR) - the minimum percentage of deposits commercial banks are required to invest in liquid assets, such as government bon

Madhya Pradesh attracts intentions of Rs 15.42 trillion in investment

State gives automatic clearance to select industries on possession of land, says CM

Guyana President makes strong investment pitch to attract India Inc

"We are ready for investment, coordination of policies, to simplify the process and make it easier for the private sector to invest," Ali said at a Business Meeting organised by Industry Chambers

Repowering old windmills can attract Rs 40,000-crore investments: Report

Commercial and industrial customers will find Rs 4/unit tariffs lucrative compared with grid tariff of Rs 7-8/unit in Gujarat and Tamil Nadu

Huge investments opportunities are there in India, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said huge investment opportunities are there in India due to its large domestic consumption demand, rule of law and transparent economy. The minister is in the US for a three-day visit. India is a land of opportunity, and the Indian diaspora should take this message to the world, he added. "India offers huge opportunities due to its large domestic consumption demand, democracy, rule of law and transparent economy," Goyal said while addressing the Indian community at an event in New Jersey. He urged everyone to take this message to the world that India is the trusted partner in the supply chain and investment portfolio. He also called the diaspora for promoting made-in-India products and presenting India's investment opportunities to investors in the US. Goyal said transformational reforms that India witnessed over the last few years have made India the world's fifth-largest economy. He expressed confidence that in a few years

Fixed income returns in India to surge, prompt higher investments: Analysts

Meanwhile, returns stagnated in 2020 and 2021 with low yields, after the pandemic led to massive rate cuts

Record domestic inflows counter FPI pullout, keep market afloat in 2022

Mutual funds' net equity investment in 2022 highest ever at Rs 1.8 trillion; domestic investors as a whole pump in Rs 2.74 trillion

Global slowdown could dent office space demand in H1 2023 after strong 2022

Demand from domestic companies will, however, lend stability to the market

Telecom set for 5G, to attract Rs 1.5 trn in 2023; tariff hikes likely too

From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is set to attract more than Rs 1.5 lakh crore investments to build up networks in the new year. Once the poster boy of India's growth story, then a debt-laden segment that saw many players withering away and now riding the wave of reforms as well as big-ticket investments, the telecom sector turned a new chapter in 2022. While the Adani group is yet to unveil its full-fledged plan for the telecom business, Reliance Industries Chairman Mukesh Ambani has committed Rs 2 lakh crore investment for rolling out a 5G network across the country by December 2023. "It has been an exciting year because of the launch of 5G, a much-awaited technology for 4-5 years. This is a big step forward. We look forward to a robust rollout of 5G next year because this year is just the beginning. "We are all working on use cases. We are telling state ...

India's fintech industry to face a tough 2023 as investments cool: Bain

This year, the Indian regulator, spurred by fraud and malpractice instances in the fintech lending space, stepped up its oversight to regulate it through a series of guidelines

IVCA's Budget wish: Equal tax treatment for listed and unlisted investments

Argues that taxes on unlisted securities are nearly 2.4x those of listed ones, even as investments into unlisted firms and startups were leading asset and job creation