investments News

NSE's new investor registrations crosses 50 lakh mark

NSE's new investor registrations crosses 50 lakh mark

Mumbai: National Stock of India (NSE) on Thursday said the number of new investor registrations crossed 50 lakh in less than four months of financial year 2021-22.New investor registrations witnessed a 2.5 times growth in four months of FY22, compared to the corresponding period of the previous fisc...

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Minimalist receives Rs 110 Cr funding from Sequoia Capital, Unilever Ventures

Minimalist receives Rs 110 Cr funding from Sequoia Capital, Unilever Ventures

New Delhi: Minimalist, a new-age homegrown skincare brand, has raised Series A funding of Rs 110 crore through multiple international investors in just nine months of its inception. The round was led by Sequoia Capital India, with participation from Unilever Ventures.The brand plans to utilise the f...

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If Tesla joins 'Make in India', govt will lower import duty, offers sops

If Tesla joins 'Make in India', govt will lower import duty, offers sops

New Delhi: Government may consider lowering import duty along with offering other sops to Tesla, but for that, the electric vehicle major would have to invest in setting up manufacturing facility in the country.Tesla had urged the Centre earlier to reduce import duty in electric vehicles. It wants t...

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Real estate continues to be preferred asset class for investment: Survey

Real estate continues to be preferred asset class for investment: Survey

New Delhi: Real estate continues to be the preferred asset class for investment in the wake of the Covid-19 pandemic, but majority of homebuyers want discounts along with flexible payment options as an incentive, according to the Housing.com and NAREDCO survey.The real estate portal conducted the su...

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German envoy shows interest in investing in Punjab

German envoy shows interest in investing in Punjab

Chandigarh: Punjab Chief Minister Amarinder Singh has extended his government's full support to German Ambassador to India, Walter J. Lindner, who evinced keen interest in investing in the key sectors of mobility, engineering, pharmaceuticals, chemicals and renewable energy in the state.The envoy, w...

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HMIL invests over $4 bn in last 25 years

HMIL invests over $4 bn in last 25 years

New Delhi: Automobile manufacturer Hyundai Motor India Ltd on Tuesday said it has invested over $4 billion in India in the last 25 years.The company is observing 2021 as its 25th year of commencing operations in India."Hyundai Motor India has invested over $4 billion in India and has 17 regional off...

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Vedanta to invest Rs 6.6K cr on Balco expansion

Vedanta to invest Rs 6.6K cr on Balco expansion

New Delhi: Oil and gas and metals company Vedanta plans major expansion at Bharat Aluminium Company's (Balco) smelter capacity which will involve an investment of Rs 6,611 crore over the next 18-24 months.This would be first major investment after a long gap by Vendanta in the entity it acquired by ...

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India sees VC investment fly through the roof during pandemic peak

India sees VC investment fly through the roof during pandemic peak

New Delhi: The second and more deadly wave of the Covid-19 pandemic seems to have provided no deterrent for investors as venture capital (VC) investment in the April-June period in India soared past the previous record high set in Q4 (October-December) of 2019.According to a KPMG report, the high le...

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Govt to sell 8% stake in HUDCO via OFS on July 27-28

Govt to sell 8% stake in HUDCO via OFS on July 27-28

New Delhi: The Centre will sell up to 8 per cent shares in Housing & Urban Development Corporation Ltd (HUDCO) through offer for sale (OFS) on Tuesday and Wednesday.In a tweet, Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM), said that the offer ...

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Investment in REITs, InvITs to fuel multi-sector economic growth: EY

Investment in REITs, InvITs to fuel multi-sector economic growth: EY

New Delhi: Real estate investment trusts (REITs) and Infrastructure investment trusts (InvITs) have been gaining traction in India as has been the experience in other developed economies with both the fundraising avenues raising capital of over $9.7 billion (including deals announced) in the country...

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