investments News

Pawan Hans' EoIs submission deadline extended to Feb 18

Pawan Hans' EoIs submission deadline extended to Feb 18

New Delhi: In yet another delay in the strategic disinvestment process of Pawan Hans, Centre has now extended the deadline for submission of Expression of Interest (EoI) for the company till February 18.The original deadline for the submission of EoIs was January 19. After repeated failed attempts t...

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'Realty investment via fractional ownership increased amid pandemic'

'Realty investment via fractional ownership increased amid pandemic'

New Delhi: Investment into real estate through fractional ownership has gained a momentum in the country amid the pandemic, according to 'hBits', a fractional real estate ownership platform.Shiv Parekh, Founder of hBits is of the view that investment through fractional ownership is still at a nascen...

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Rakesh Jhunjhunwala lowers stake in Titan Company

Rakesh Jhunjhunwala lowers stake in Titan Company

Mumbai: Renowned investor Rakesh Jhunjhunwala lowered his stake in Titan Company during the October-December period.According to data on BSE, as of December end, Jhunjhunwala individually held over 3.75 crore shares amounting to 4.23 per cent stake and his wife Rekha Rakesh Jhunjhunwala held 96.60 l...

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Bharti Airtel gets approvals for 100% FDI in subsidiaries

Bharti Airtel gets approvals for 100% FDI in subsidiaries

Mumbai: Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its downstream companies.In a regulatory filing, the company said that it is initiating the process to revise its foreign investment limit, as notified...

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Chhattisgarh among top 10 states with Rs 10,228 cr investment projects

Chhattisgarh among top 10 states with Rs 10,228 cr investment projects

New Delhi/Raipur: Chhattisgarh has managed to be in the top ten list of states with growing private investment in the manufacturing sector in the third quarter (Q3) of 2020-21 despite the Covid-19 induced constraints, said the state government on Monday.In a statement issued here, the state governme...

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OYO's European vacation home arm gets new investor on its Board of Directors

OYO's European vacation home arm gets new investor on its Board of Directors

New Delhi: Hospitality major OYO has brought investor Martin HP Soderstrom on the board of directors of its European business of OYO Vacation Homes (OVH) as a Non-Executive Director.In a statement, the company said that Martin will also be buying shares worth an undisclosed amount in the parent comp...

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Sterlite Power raises Rs 200 cr from Allianz Global Investor

Sterlite Power raises Rs 200 cr from Allianz Global Investor

New Delhi: Power transmission player Sterlite Power on Monday announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) -- one of the world's leading investment managers with a focus on sustainable investments.This transaction is one of the first infrastr...

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Govt to give discount to investors using digital mode under gold bond scheme

Govt to give discount to investors using digital mode under gold bond scheme

New Delhi: The government will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode.As per a statement from the Finance Ministry, for investors using the digit mode for subscription, the issue price of gold bond will ...

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Udaan raises $280m in additional financing from existing and new investors

Udaan raises $280m in additional financing from existing and new investors

New Delhi: Udaan, Indias largest business-to-business (b2b) e-commerce platform, announced on Wednesday that it has raised $280 million in additional financing from its existing and new investors.The financing highlights the immense potential of the Indian b2b e-commerce market and market-fit of Uda...

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Savvy Infrastructure to invest Rs 700 cr more in GIFT City

Savvy Infrastructure to invest Rs 700 cr more in GIFT City

New Delhi: Savvy Infrastructure Pvt Ltd is set to invest Rs 700 crore more in GIFT City with the development of around five projects.The Gujarat International Finance Tec (GIFT) City has allotted 10 lakh square feet built up area to Savvy Infrastructure for development of commercial, residential and...

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