According to a senior govt official, the state is aligning with the overarching target of the Centre to achieve a 450 gigawatt (Gw) in renewable energy and 500 Gw in non-fossil energy capacity by 2030
Retail investments in MF rise as flows into bank deposits drop
Investments in data centres expected to surpass $20 billion by 2025, with smaller cities gaining too
Gateway Partners is planning to invest over USD 1 billion in the next five to 10 years in the booming Indian economy, according to a top company official. It has already invested over USD 250 million in several Indian assets over the past five years. "Over a billion US dollars over the next five to 10 years," V Shankar, co-founder and CEO of Gateway Partners told PTI on Monday when asked about his investment plans for India at the sideline of the Forbes Global CEO Conference in Singapore. "We are looking at tonnes of opportunities in India, said Shankar, adding he was very optimistic about the consumer-driven Indian market. He also noted that foreign investment flow into India was being encouraged by domestic investments, led by entrepreneurs in the infrastructure-industrial programmes and long-term economic development plans. Reflecting on the consumer spending in the country, he said Gateway Partners has just opened two outlets last in Delhi and the NCR region. Tim Hortons, a .
Fund manager Deepak Agrawal has been appointed as the new CIO, debt. Another fund manager, Abhishek Bisen has been elevated to the position of head, fixed income position
Around 2,000 people have got direct employment while conditions for indirect employment have been made
Recent Chinese policy decisions mean the country is now seen as "less predictable, less reliable and less efficient" according to the report published by the European Union Chamber of Commerce
Nowhere in sight two years ago, the energy vertical now accounts for over a fourth of RIL's $6.4 bn war chest while telecom's share in dipping and retail has clearly become a laggard
They say high commodity prices, geopolitical uncertainty, and uneven consumer demand may have prompted firms to defer capex plans
Their spread over G-Secs of comparable maturity have also declined compared to historical averages
While Amit had stayed invested for a long time, avoided leverage, and shunned investment-cum-insurance policies, unplanned investments and mindless diversification had produced a disappointing outcome
Akshayakalpa plans to invest in Bengaluru, Chennai, and Hyderabad markets, and expand into new geographies of Pune, Mumbai and Kochi
Foreign direct investment (FDI) remained the major contributor, accounting for 70.9 per cent of the approved investments with 87.4 billion ringgit ($19.5 billion)
About 3.4 million jobs can be created if ventures worth $350 billion is invested in initiatives dedicated to renewable energy and cleantech, said study
Analysts at Jefferies said Jio's approach to 5G has striking similarities to its approach to 4G with the company investing aggressively-potentially ahead of time-to create a state of art network
Prime Minister Narendra Modi on Sunday alleged that there were conspiracies to defame Gujarat and stop investments, but his home state ignored them and charted a new path of progress. He also said he can clearly visualise that in spite of many deficiencies now, India will be a developed nation by 2047. Modi was addressing a rally here in Kutch district on the second day of his two-day visit to the BJP-ruled Gujarat, where elections are due later this year. Before the rally, the PM held a three-km long roadshow in Bhuj, where thousands of people gathered on both sides of the road to greet him. The crowd kept shouting his name and waved the tricolour to express their affection for the PM. Modi reciprocated by waving at them while standing in a car. After the roadshow, Modi inugurated 'Smriti Van', a memorial built on the outskirts of Bhuj town in memory of the 2001 earthquake victims. He later went to the Kutch University ground to address a mass gathering and launch other projects .
Rajasthan's upcoming investor summit - Invest Rajasthan 2022 - began on Wednesday in the national capital and MoUs worth almost Rs 70,000 crore were signed by various firms. Rajasthan Chief Minister Ashok Gehlot, present on the occasion, exuded confidence that investment commitments worth Rs one lakh crore would come in September following a conducive environment for investors in the state. The state government's upcoming Investors Summit Invest Rajasthan 2022 - has started with MoUs signing ceremonies here on August 24, 2022. As per a statement, the MoUs of Rs 69,789.93 crore have been successfully signed by the Rajasthan government, creating a total of 11,846 direct employment opportunities. The investments were envisaged in various districts across the state, including Bhilwara, Chittorgarh, Jhalawar, Ajmer, Jaipur, Udaipur, Alwar, etc. where RIICO (Rajasthan State Industrial Development and Investment Corporation) has developed special sectoral zones over the years. After the
Adani Green Energy Ltd., one of the seven listed units of Gautam Adani's ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia
This is lower than Finance Minister Nirmala Sitharaman's expectation Rs 1 trillion would be released by end of September
It also intends to invest some money into co-investment opportunities available from such investee funds