investments News

FPIs pull out Rs 4,643 cr from Indian equities so far in April

FPIs pull out Rs 4,643 cr from Indian equities so far in April

Mumbai: Amid resurgent Covid cases, foreign portfolio investors (FPI) have pulled out net investments of Rs 4,643 crore from the Indian equities.This is a reversal from the bullish sentiments among the foreign investors over the past one year.So far in 2021, net FPI investments into the equity marke...

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JSPML divests complete stake in JSIS Oman

JSPML divests complete stake in JSIS Oman

New Delhi: JSPL on Friday said that its wholly-owned subsidiary Jindal Steel & Power (Mauritius) has sold the balance stake in JSIS Oman to Vulcan Steel.In the second and final tranche of the divestment transaction, JSPML divested 51 per cent to Vulcan Steel.Last year, the subsidiary had diveste...

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South Korea to invest $38M in illegal drone response tech by 2025

South Korea to invest $38M in illegal drone response tech by 2025

Seoul: South Korea said on Sunday it will spend 42 billion won ($37.6 million) by 2025 to develop a response system against illegal drones amid growing security threats from the fast-developing technology.A consortium of 23 companies and research institutes -- which includes the Korea Atomic Energy ...

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Softbank in advanced talks to pump in up to $500M in Swiggy

Softbank in advanced talks to pump in up to $500M in Swiggy

New Delhi: Food delivery platform Swiggy is set to raise up to $500 million from SoftBank Vision Fund 2 at a market valuation of nearly $5.5 billion, reliable industry sources said on Thursday, as the competition gets fierce amid the second wave of Covid-19 as people order more food online in India....

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Private equity inflow in India realty up 19% in FY21

Private equity inflow in India realty up 19% in FY21

Mumbai: Bucking the pandemic private equity (PE) investments into the India real estate sector rose around 19 per cent in FY 2020-21 to over $6.27 billion, according to an Anarock report.During the previous financial year, PE investments into the realty sector stood at $5.8 billion.Indian real estat...

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4 Critical Questions To Ask Before Buying Term Insurance Policy

4 Critical Questions To Ask Before Buying Term Insurance Policy

Several doubts occupy the minds of people when it comes to buying any insurance plan. Especially when you have to opt for a term insurance plan, it can be confusing to understand how to determine your coverage, how the claim settlement works, and what added benefits one can receive.Helping you get s...

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Buying Two-Wheeler Insurance For Sports Bike? Consider X Things First

Buying Two-Wheeler Insurance For Sports Bike? Consider X Things First

Most people dream of buying a sports bike once in a lifetime. And if you've already bought it, are you taking enough care of your bike? As the cost of a sports bike is comparatively higher, so is the maintenance cost. Even a minor repair can cost you a considerable amount. To ride safely and with a ...

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Investors of Franklin Templeton's shut schemes to get Rs 2,962 cr

Investors of Franklin Templeton's shut schemes to get Rs 2,962 cr

New Delhi: The investors of the six shut schemes of Franklin Templeton Mutual Fund are set to receive Rs 2,962 crore in the coming week.This would be the second tranche of disbursement to the investors after the distribution of Rs 9,122 crore across five schemes in February."We are pleased to inform...

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FPIs turn net sellers, pull out Rs 740 cr so far in April

FPIs turn net sellers, pull out Rs 740 cr so far in April

Mumbai: As resurgent Covid cases turn a cause a concern for both the global and Indian markets, foreign portfolio investors (FPI) have pulled out net investments worth Rs 740 crore from the Indian equity market.This is a reversal from the bullish sentiments among the foreign investors over the past ...

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India has positioned itself as a desired destination for investment and trade

India has positioned itself as a desired destination for investment and trade

New Delhi: India has already positioned itself and continues to enhance its attractiveness as a desired destination for investment and trade, according to the Doing Business in India report.Whilst its expanding levels of intellectual capital and large English-speaking population are likely to make i...

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