investments News

Modi bets on urban transformation amid pandemic, invites global investors

Modi bets on urban transformation amid pandemic, invites global investors

New Delhi: Emphasising on the transformation of urban landscapes in the post-Covid era, Prime Minister Narendra Modi on Tuesday invited global investors to invest in India's urbanisation plans, mobility among other sustainable solutions.Speaking at the Bloomberg New Economic Forum, Modi said that th...

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RIL to invest $ 50 million in Breakthrough Energy

RIL to invest $ 50 million in Breakthrough Energy

New Delhi: Reliance Industries Limited (RIL) announced on Thursday that it has entered into a definitive agreement for making capital contribution of up to $50 million in Breakthrough Energy Ventures II, L.P. (BEV), a limited partnership, newly incorporated under the Delaware State Laws, the US.The ...

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'Haryana's 75% quota for locals will hamper foreign and domestic investment'

'Haryana's 75% quota for locals will hamper foreign and domestic investment'

New Delhi: Haryana state Confederation of Indian Industries (CII) has appealed to Chief Minister Manohar Lal Khattar to reverse its order reserving 75 per cent jobs for local residents of the state.Speaking to IANS, CII Haryana Chief Sanjay Kapur, who is also the Chairman of Sona Comstar, a leading ...

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PM's global investor meet on Thursday; Tata, Ambani to take part

PM's global investor meet on Thursday; Tata, Ambani to take part

New Delhi: Prime Minister Narendra Modi will chair the Virtual Global Investor Roundtable (VGIR) on Thursday.The VGIR will be organised by the Union Ministry of Finance and the National Investment and Infrastructure Fund. It is a dialogue between leading global institutional investors, Indian busine...

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Project MoUs worth Rs 35K cr inked at 'Magnetic Maharashtra 2.0'

Project MoUs worth Rs 35K cr inked at 'Magnetic Maharashtra 2.0'

Mumbai: The Maharashtra government on Monday inked MoUs worth Rs 35,000 crore with 10 Indian and five global companies at the 'Magnetic Maharashtra 2.0' investor meet, officials said here.These include seven agreements for setting up data centres, five for logistics and one each in the gas & fue...

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Infosys announces interim dividend, over 6 percent revenue growth in September qtr

Infosys announces interim dividend, over 6 percent revenue growth in September qtr

Bengaluru: Technology leader Infosys on Wednesday announced an interim dividend and posted its second quarter results. A notification to this regards was filed with the exchange houses.The Infosys Board announced an interim dividend of Rs 12 per equity share.The notification read, "Fixed October 26,...

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Motilal Fund Tracker: Equity MFs at 6 month high, stocks that sizzled the most in Sept

Motilal Fund Tracker: Equity MFs at 6 month high, stocks that sizzled the most in Sept

Mumbai: In the words of Motilal Oswal Financial Services, Indian mutual-fund markets may have witnessed gross inflows of a 6 month high. Sales of equity schemes soared by 17.5 percent on a month-on-month basis to Rs 179 billion.In fact, 60 percent of top-25 mutual fund schemes outperformed the marke...

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Aadhaar V2.0: 5 things about UIDAI's waterproof pocket-sized PVC card

Aadhaar V2.0: 5 things about UIDAI's waterproof pocket-sized PVC card

The Aadhaar card version 2.0 is here. The Unique Identification Authority of India announced on October 7 that the second iteration of Aadhar cards would be made available.The new cards promise better security and would be reprinted on Polyvinyl Chloride (PVC) cards.Here's a look at what's new with ...

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IRDAI says Covid health insurance policy to be ported and migrated

IRDAI says Covid health insurance policy to be ported and migrated

Want to migrate your existing coronavirus policy to a different insurer? The IRDAI has officially announced that policy holders can renew, migrate and even port their existing Covid-19 health insurance policy.Currently the three popular variants of Coronavirus health insurance includes Corona Kavach...

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Asian markets tread cautiously seeing a Jittery Wall Street

Asian markets tread cautiously seeing a Jittery Wall Street

Shares were mostly lower in Asia on Wednesday after pandemic concerns snapped a four-day winning streak on Wall Street.Rising coronavirus counts in many countries are raising the urgency to develop vaccines and treatments and setbacks in that process tend to discourage investors.On Tuesday, independ...

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