Search result for 'capital investments'

Bain Capital Invests in Dhoot Transmission Group

January 17, 2025 16:50

Bain Capital has made a strategic investment in Dhoot Transmission Group, a leading manufacturer of wiring harnesses and EV components. Learn more about the investment.

Rail Operators Projected Double-Digit Growth in FY25: Ind-Ra

January 17, 2025 13:44

India Ratings forecasts double-digit revenue growth for rail operators in FY25, driven by private investments. Warehousing sector expected to see 3-5% organic rental growth. Logistics industry...

AIFs Seek Govt Funds for Deep-Tech Startups

January 12, 2025 13:05

AIFs urge Indian government to allocate specific funds for new-age, sunrise and deep-tech startups, highlighting the need for increased funding and extended duration of the Fund of Funds for...

Happy Forgings to Invest Rs 650 Cr in New Manufacturing Unit

January 6, 2025 13:44

Happy Forgings Ltd will invest Rs 650 crore to establish advanced forging capabilities to serve the non-automotive industrial segment, focusing on heavy forged and machined components for...

India Launches New PLI Scheme for Steel Sector

January 5, 2025 14:52

India's government will launch a new round of the PLI scheme for the steel sector, aiming to boost domestic production of specialty steel and reduce imports. The scheme has already attracted...

Rs 17,581 Cr Invested in PLI Scheme for Specialty Steel: Govt

December 30, 2024 18:04

The government has revealed that companies have invested Rs 17,581 crore in the PLI scheme for specialty steel, aiming to boost domestic production and reduce imports. The scheme has generated over...

Hindalco Industries Gets Odisha Coal Mine Allocation

December 27, 2024 16:47

The Indian government has allocated the Meenakshi coal mine in Odisha to Hindalco Industries, a subsidiary of the Aditya Birla Group. The mine, with a peak capacity of 12 MTPA, is expected to...

Indian IT Hiring 2025: Rebound Expected, AI/Data Science Roles to Dominate

December 24, 2024 14:11

Indian IT hiring is poised for a rebound in 2025, with AI and data science roles driving demand. Learn about the expected growth, hiring trends, and opportunities in the sector.

Indian IT Hiring Rebound in 2025: AI/Data Science Jobs to Boom

December 24, 2024 10:41

India's IT hiring landscape is set for a rebound in 2025, with AI and data science roles driving growth. Expect a shift towards specialized skills and a focus on Tier 2 cities.

ADB Provides USD 500 Million Loan for Sustainable Infrastructure in India

December 23, 2024 21:38

The Asian Development Bank (ADB) has provided a USD 500 million loan to India to support green and sustainable infrastructure projects, aligning with the country's climate commitments. The loan...

Odisha Seeks Tourism Package from Centre

December 20, 2024 22:53

Odisha CM urges Centre for special package to develop tourism infrastructure, seeking Rs 10,000 crore investment. He also requests support for urbanisation and industrial growth.

15th Finance Commission Devolution Higher: FM

December 20, 2024 22:39

Finance Minister Nirmala Sitharaman announced that funds devolved to states under the 15th Finance Commission are higher than the 14th. She also highlighted the enhanced allocation under the SASCI...

Goa Demands Special Assistance for Capital Investment in 2025-26

December 20, 2024 21:48

Goa Chief Minister Pramod Sawant has demanded continued special assistance for capital investment in 2025-26, urging increased allocation for the scheme. He also requested grants from the 15th...

States Seek More Funds, Loan Scheme Boost - India Budget 2025

December 20, 2024 20:03

Indian states urged for increased funding, including a 50-year interest-free loan scheme, special packages for fiscally stressed states, and higher borrowing limits in a pre-budget meeting with the...

Kenro Capital Invests $40 Million in K12 Techno

December 11, 2024 18:58

Kenro Capital, a venture capital firm, has invested $40 million in K12 Techno Services, owner of Orchids International Schools. The investment will provide growth capital and liquidity to the...

Bihar Business Connect: Global Investment Ties Strengthened

December 10, 2024 16:08

Bihar Business Connect 2024 Ambassadors' Meet showcased the state's investment opportunities to diplomats, highlighting Bihar's rapid strides in industrial development and sustainability.

Vodafone Idea Shares Surge on Spectrum Guarantee Waiver

November 26, 2024 18:15

Vodafone Idea shares jumped nearly 8% after the Indian government waived the requirement for bank guarantees on spectrum purchased before 2022, providing relief to the debt-ridden company.

Moody's Cuts Adani Outlook, Fitch Puts Bonds on Watch

November 26, 2024 16:45

Moody's downgraded Adani firms' outlook to 'negative', citing bribery charges against Gautam Adani. Fitch placed some Adani bonds on negative watch.

Bank Guarantee Waiver: Relief for Telecom Operators - COAI

November 26, 2024 15:19

The Indian Cabinet approves bank guarantee waiver for past spectrum purchases, providing financial relief to telecom operators like Vodafone Idea, Bharti Airtel, and Reliance Jio. This move is...

Coal Mine Auction: Sarda Energy & SM Steels Win Blocks

November 22, 2024 19:36

Sarda Energy and Minerals and S M Steels have won two coal mine blocks in Chhattisgarh and Jharkhand, respectively, on the second day of the 10th round of commercial coal mines auction.

Coal Mine Auction: ACC, NLC India, JSW Win 5 Blocks

November 21, 2024 19:30

ACC, NLC India, JSW Energy Utkal Ltd, Mineware Advisors Pvt Ltd, and Shreeji Nuravi Coal Mining and Trading Pvt Ltd won five coal mines in the 10th round of auction. The mines are located in Madhya...

Paper && Paperboard Imports Surge in FY25 | IPMA

November 20, 2024 15:53

Paper and paperboard imports rose 3.5% in Apr-Sep FY25, driven by China. IPMA highlights concerns over rising imports impacting domestic manufacturers.

Cedar-IBSi Capital Invests in Fintech Startups

November 16, 2024 15:48

Cedar-IBSi Capital is investing in 10-15 fintech startups, focusing on companies offering innovative tech solutions for financial institutions. The fund has already made its first investment in...

CII Urges Tax Reforms, Sustained Capex in FY25 Budget

November 7, 2024 19:27

CII has called for further tax reforms and sustained capital investment in the upcoming FY25 Budget, aiming to boost growth, employment, and consumption. The chamber also suggested disinvestments...

UP Amends Incentive Policy to Attract Foreign Investors

November 4, 2024 16:43

Uttar Pradesh amends its incentive policy to attract foreign investors by allowing benefits for equity and loan investments. The move aims to increase foreign investment in the state.

Certus Capital Invests Rs 150 cr in MMR Housing Projects

October 31, 2024 15:10

Certus Capital invests Rs 150 crore in two housing projects in Mumbai Metropolitan Region, developed by JSB Group and Dynamix Group. The projects have an aggregate revenue potential of over Rs 750...

UK Budget: Labour's 'Rebuild Britain' Plan & Tax Hikes

October 30, 2024 21:51

UK's first female Chancellor Rachel Reeves unveils Labour's Budget focusing on 'rebuild Britain' with 40 billion pounds tax rises, targeting wealthier sections and businesses.

Aequs Infra Launches FMCG Manufacturing Ecosystem in Karnataka

October 30, 2024 16:26

Aequs Infra has launched a new FMCG manufacturing ecosystem in Hubballi, Karnataka, aiming to boost production and exports. The ecosystem offers incentives and infrastructure for businesses.

CCPA Issues Notices to Quick Commerce Firms for Disclosure Violations

October 22, 2024 20:21

India's consumer protection regulator, CCPA, has issued notices to quick commerce companies for failing to comply with product disclosure requirements mandated under the Legal Metrology Act.

Gujarat Unveils New Textile Policy, Aims for Rs 30,000 Cr Investment

October 15, 2024 18:31

Gujarat's new textile policy offers subsidies, incentives to attract Rs 30,000 crore investment, aiming to make the state a global hub for technical textiles.

India's Sustainable Aviation Fuel Potential: 8-10 Million Tonnes by 2040

October 8, 2024 15:30

India aims to produce 8-10 million tonnes of Sustainable Aviation Fuel (SAF) by 2040, driven by investments of USD 70-85 billion. The report highlights the potential for SAF to decarbonize the...

Surda Copper Mine Resumes, Kendadih & Rakha to Reopen: Govt

October 5, 2024 20:01

Operations at Surda copper mine in Jharkhand have resumed, while Kendadih and Rakha copper mines are set to reopen this year. The move aims to boost copper production and create jobs.

UP Bioplastic Policy: BCML's Rs 2000cr PLA Project

October 4, 2024 15:56

Balrampur Chini Mills (BCML) will finalize its Rs 2,000 crore bioplastic plant in UP once the policy details are released. The policy offers incentives for companies investing in sustainable...

Pakistan CPI at 6.9% in September: Economic Improvement?

October 1, 2024 17:20

Pakistan's consumer price index for September reached 6.9% year-on-year, staying within the central bank's target. Experts attribute this to recent monetary policies and IMF loan.

CRED Revenue Surges 66% to Rs 2,473 Cr in FY24

September 30, 2024 15:32

Credit card bill payments app CRED reported a 66% revenue growth in FY24, reaching Rs 2,473 crore, driven by increased monetized members and reduced user acquisition costs.

Karnataka Approves Rs 4,071 Crore Projects: Job Creation Boost

September 27, 2024 20:30

Karnataka's State-Level Single Window Clearance Committee approves 88 projects worth Rs 4,071.11 crore, creating employment for over 10,000 people across the state.

Aditya Birla Capital Invests Rs 500 cr in NBFC Subsidiary

September 26, 2024 20:33

Aditya Birla Capital has infused Rs 499.9 crore in its NBFC subsidiary, Aditya Birla Finance Limited, on rights basis. The investment aims to meet growth and funding requirements and improve...

Ola Electric to Expand Sales & Service to 10,000 Outlets by 2025

September 26, 2024 14:43

Ola Electric plans to establish 10,000 sales and service outlets by 2025, expanding its reach across smaller cities and towns. The company aims to accelerate EV adoption and #EndICEAge.

India Needs Bio-Plastics Policy: Report

September 17, 2024 18:43

A new report calls for a national bio-plastics policy in India, including fiscal incentives, government support for R''D, and regulatory changes.

ED Seizes Forex, Assets in Axis Mutual Fund Front Running Case

September 11, 2024 21:26

ED seized forex, foreign assets after raids against former Axis Mutual Fund manager Viresh Joshi for alleged front running scam involving market-sensitive information and kickbacks.

India Innovation Index Research: Niti Aayog Invites EoI

September 9, 2024 17:35

Niti Aayog seeks research proposals for India Innovation Index to enhance state innovation performance and overall economic growth.

Punjab Agriculture Policy Ready, Farmers Protest

September 4, 2024 21:25

Punjab Chief Minister announces agriculture policy is almost ready, sparking protests by farmer unions demanding implementation. The policy will be discussed with stakeholders.

Climate-Smart Agri Financing: Challenges & Solutions in India

September 3, 2024 22:08

Report highlights obstacles to climate-smart agriculture financing in India, including risk perception, lack of incentives and unclear guidelines. Solutions include dedicated funds, blended finance...

Vitera Invests Rs 250 Cr in Vijayapura Agriculture Infrastructure

August 30, 2024 19:51

Canadian company Vitera invests Rs 250 crore in Vijayapura district, Karnataka, to develop agricultural infrastructure and reduce post-harvest losses for farmers.

Hindalco to Invest USD 10 Billion in Expansion Projects

August 22, 2024 18:52

Hindalco Industries announces a USD 10 billion investment in expansion projects across India and the US, including a new alumina refinery and a copper smelting facility.

Private Capex to Surge 54% in FY25: RBI

August 19, 2024 20:37

RBI paper projects a 54% jump in private capex to Rs 2.45 lakh crore in FY25, driven by rising domestic demand and government infrastructure push.

OYO Raises Rs 1,457 Cr in Latest Funding Round

August 11, 2024 11:51

OYO, the hospitality unicorn, raises Rs 1,457 crore in a new funding round led by InCred Wealth, J&A Partners, and ASK Financial Holdings. This brings the total Series G funding to over Rs...

India's Budget 2024-25: Parliament Approves Finance Bill

August 8, 2024 20:15

The Indian Parliament has completed the budgetary exercise for fiscal 2024-25, approving the Finance Bill and Appropriation Bill, with Finance Minister Nirmala Sitharaman emphasizing investment and...

Anicut Capital Invests Rs 60 Cr in BlueBinaries | Tech News

August 7, 2024 21:36

Anicut Capital has invested Rs 60 crore in BlueBinaries, an engineering and technology services company, to boost its capabilities in software-defined vehicles (SDV) and digital mobility...

Swacch Bio to Invest Rs 1,000 Crore in Telangana Bioethanol Plant

August 6, 2024 22:54

Swacch Bio will invest over Rs 1,000 crore to establish a 2G Bioethanol plant in Telangana, creating 500 jobs. The investment will boost the state's economy and energy sector.

Renewable Energy Challenges: India's 'Viksit Bharat' Goals

August 5, 2024 20:00

Deve Gowda highlights challenges in India's renewable energy sector, urging action to meet 'Viksit Bharat' goals, while MPs debate progress, funding, and concerns.

Mahindra Q1 Profit Up 20% to Rs 3,283 Crore | Revenue at Rs 37,218 Crore

July 31, 2024 16:45

Mahindra & Mahindra reports a 20% rise in Q1 net profit to Rs 3,283 crore, driven by strong performance across businesses. Revenue climbs to Rs 37,218 crore.

Budget Balances Growth, Employment & Capex: FM

July 31, 2024 16:01

India's Union Budget 2024-25 focuses on growth, employment, capital investment, and fiscal consolidation, with increased funding for states and agriculture. The FM highlights the government's...

Kerala Seeks Rs 24,000 Crore Financial Package from Centre

July 30, 2024 15:23

Kerala has requested a Rs 24,000 crore special financial package from the Centre, along with Rs 5,000 crore for the Vizhinjam Port region. Andhra Pradesh and Bihar also sought financial assistance...

Union Minister Puri Defends Budget, Says it Fulfills Reorganisation Act Commitment

July 27, 2024 19:58

Union Minister Hardeep Singh Puri defends the Union budget, stating it fulfills commitments made under the State Reorganisation Act. He also highlights projects for Maharashtra and benefits for...

Jammu & Kashmir Approves Land Transfer for Industrial Estates

July 26, 2024 20:56

Jammu & Kashmir Administrative Council approves land transfer for industrial estates in various districts, aimed at accelerating economic activity and employment generation.

FAAD Capital Invests in 4 Agritech Startups - AgriManch Accelerator

July 24, 2024 16:09

FAAD Capital invests in four agritech startups, Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech, to support their growth plans through AgriManch Accelerator. The investments aim...

Meghalaya Govt: Increased State Assistance Boosts Infrastructure

July 23, 2024 22:03

Meghalaya welcomes the Union Budget's increased outlay for special assistance to states, highlighting its positive impact on infrastructure development and alignment with the state's 'Mission 10'...

Andhra Budget: AP Chambers Welcomes Allocations, Seeks Details

July 23, 2024 18:30

AP Chambers welcomes the Union Budget's allocations for Andhra Pradesh but highlights a lack of financial specifics for key projects.

Govt Retains Rs 67,000 Cr Power PSU Investment in FY25

July 23, 2024 16:34

The Indian government has retained a 14% increase in capital investment for 8 power PSUs in FY25, totalling Rs 67,286.01 crore. Power Grid Corporation leads with Rs 12,250 crore investment.

Union Budget 2024: Massive Capital Expenditure Focus - Expert

July 22, 2024 14:31

Expert predicts a significant increase in capital expenditure in the upcoming Union Budget, focusing on infrastructure, manufacturing, green energy and more. Learn about potential growth drivers...

IOC Targets USD 1 Trillion Revenue by 2047

July 21, 2024 10:44

Indian Oil Corporation (IOC) aims to become a USD 1 trillion company by 2047, focusing on clean energy and traditional oil refining, as India's energy demand grows.

Gadkari: Flexible Economic Policies Key to Growth & Jobs

July 20, 2024 23:24

Road Transport Minister Nitin Gadkari advocates for flexible economic policies to boost growth and job creation in India, drawing lessons from China's economic challenges. He emphasizes the need...

Corvi LED Secures $8 Million Funding from Enam Investments

July 17, 2024 20:46

Lighting design firm Corvi LED raises $8 million in funding from Enam Investments to expand globally, diversify products, and enhance technology.

Dharana Capital Invests Rs 400 Cr in Urban Company

July 17, 2024 17:20

Dharana Capital has invested Rs 400 crore in Urban Company, acquiring an undisclosed stake through a secondary transaction. The investment marks the largest ESOP liquidity in Urban Company's history.

Kerala Unveils AI Policy: Incentives, Cluster & Investment

July 12, 2024 19:51

Kerala launches ambitious AI initiatives, including a dedicated policy, cluster development, and investment incentives to become a global AI hub. Learn more.

Nilesh Shah: Encourage Investment, Curb Speculative Trading

July 5, 2024 12:10

Nilesh Shah, EAC-PM member, advocates for promoting long-term investment and discouraging speculative trading in India, highlighting the need to curb F&O speculation.

Anand Mahindra: Industry Needs to Boost Capital Investments

July 3, 2024 16:42

Mahindra Group Chairman Anand Mahindra urges Indian companies to increase capital investment to capitalize on growth opportunities in India and globally. He emphasizes the need for a shift in...

HDFC Capital Invests in TruBoard Technologies - Real Estate Asset Management

July 1, 2024 18:56

HDFC Capital Advisors acquires 8.5% stake in TruBoard Technologies, a real estate asset management platform provider. The investment aims to enhance TruBoard's technology and market reach.

Kerala Seeks Special Package, Higher Borrowings From Centre

June 27, 2024 21:05

Kerala Finance Minister KN Balagopal met Union Finance Minister Nirmala Sitharaman seeking a special package of Rs 24,000 crore and higher borrowing limits for the state.

Signify India Expansion: Manufacturing & R&D Boost

June 23, 2024 15:29

Signify is evaluating manufacturing capacity in India under the China Plus-One strategy, with plans to leverage the country's growing electronics ecosystem and R&D capabilities for global growth.

Haryana Seeks Grant for NCR Projects

June 22, 2024 22:07

Haryana Finance Minister seeks special grant assistance from the Centre for projects in the national capital region (NCR), including the KMP expressway and Haryana Orbital Rail Corridor.

Centre Supports States: Timely Tax Devolution, GST Arrears - Finance Minister

June 22, 2024 16:09

Finance Minister Nirmala Sitharaman highlights Centre's support to states through tax devolution, GST compensation arrears, and interest-free loans for reforms.

Bajaj Auto: Domestic Biz Momentum & Export Recovery

June 21, 2024 19:47

Bajaj Auto expects continued domestic growth in FY24, aiming to recover export volumes and expand production for new businesses like Chetak electric scooters and Triumph motorcycles.

Hyundai Creta EV Launch in Q4 FY25: India's Largest IPO?

June 17, 2024 17:17

Hyundai Motor India plans to launch four electric vehicle models, including the Creta EV, by Q4 FY25. The company also aims to build a localized EV supply chain and expand its charging...

Tata Capital Invests USD 20 Million in Orbicular Pharmaceutical

May 31, 2024 22:04

Tata Capital Healthcare Fund II invests USD 20 million in Orbicular Pharmaceutical Technologies, a Hyderabad-based company, to accelerate product development in the specialty generics space.

Vedanta Resources Posts Record EBITDA in FY24

May 31, 2024 16:43

Vedanta Resources, the parent company of India-listed mining group, reported its second highest ever consolidated EBITDA of USD 4.7 billion for FY24, a year its chairman Anil Agarwal called 'pivotal'.

Aditya Birla Capital Invests Rs 300 cr in ABHFL

May 29, 2024 22:31

Aditya Birla Capital has infused Rs 300 crore in its housing finance arm, ABHFL, to fund business growth and improve leverage ratio.

ONGC's Investments to Slow Deleveraging: S&P

May 27, 2024 15:56

S&P Global Ratings says ONGC's increased investments will delay deleveraging over the next 12-24 months. The firm's financial performance remains stable, with EBITDA expected to remain at Rs 1 lakh...

Prosus, Vy Capital Invest Rs 203 Crore in Urban Company

May 22, 2024 22:23

Prosus, Vy Capital, and Dharana Cap invest Rs 203 crore in Urban Company by purchasing shares from employees through an ESOP sale. This is the fifth ESOP sale for the company, enabling employees to...

Pakistan to Privatize PIA & SOEs for Economic Boost

May 22, 2024 17:13

Pakistan plans to privatize dozens of state-owned enterprises, including PIA, to secure an IMF bailout and revive its struggling economy. The move has generated controversy, with some arguing it's...

Delhivery Q4 Net Loss Narrows to Rs 68 Crore

May 18, 2024 16:33

Delhivery's consolidated net loss narrowed to Rs 68.4 crore in Q4 FY24, driven by higher income. The company also saw a decline in its full-year net loss.

Certus Capital Invests Rs 125 Cr in Chennai Residential Project

May 17, 2024 17:17

Certus Capital invests Rs 125 crore in Casagrand's residential project in Chennai through Earnnest.me, aiming to invest Rs 1,000 crore in real estate credit by FY25.

India's Economy to Grow 7% in 2024: UN

May 17, 2024 07:31

The UN revised India's 2024 growth projection upwards to 7%, citing strong public investment and resilient private consumption. The global economy is also expected to see a modest recovery in 2024.

Indian PE & VC Investments Drop 35% in 2023: Report

May 9, 2024 22:04

Indian private equity and venture capital investments declined by 35% to USD 39 billion in 2023, according to a report by Bain & Company and IVCA. PE investments dropped by 18%, while VC...

Pakistan Stock Exchange KSE-100 Index Surges 860 Points

May 6, 2024 20:49

The Pakistan Stock Exchange's KSE-100 index rose by 860 points on Monday driven by optimism surrounding a Saudi investment delegation's visit. The visit is expected to lead to more trade and...

China Won't Treat India As Equal: USISPF President

May 6, 2024 09:27

USISPF President Mukesh Aghi warns that China will never treat India as an equal partner and its border troop buildup forces India to prioritize defense over investment.

Eldeco & HDFC Capital Invest Rs 350 Cr in Housing Projects

April 24, 2024 16:31

Eldeco and HDFC Capital have committed an additional Rs 350 crore to their joint platform for developing housing projects across India. The partnership aims to deliver high-quality homes at...

Vedanta Shares Surge on Growth Roadmap, Biggest Monthly Gain in 10 Years

April 18, 2024 20:54

Vedanta shares hit a 52-week high as Chairman Anil Agarwal outlines a transformative growth plan for FY25, including deleveraging and expansion. The company's demerger plans and strong commodity...

Vodafone Idea FPO Aims to Arrest Subscriber Loss

April 17, 2024 19:47

Vodafone Idea CEO confident FPO will help arrest subscriber loss and fund network expansion, aiming to compete with rivals in 5G market.

VitusCare Raises USD 2.7 Million Led by Tomorrow Capital

April 16, 2024 15:47

VitusCare, a kidney care startup, secures USD 2.7 million in funding led by Tomorrow Capital. The investment will fuel expansion and reach underserved regions in India.

London's PPP Attracts Real Estate Investments - GBP 9.6 Billion Opportunities

March 5, 2024 19:33

London launches its first 'Investment Prospectus' showcasing GBP 9.6 billion investment opportunities, positioning the city as the most resilient global real estate market.

Punjab Budget 2024-25: Rs 2 Lakh Crore Outlay, Focus on Health, Education

March 5, 2024 19:31

Punjab presents a Rs 2.04 lakh crore budget for FY25, with a focus on health, education, and agriculture. The budget includes new initiatives like 'Schools of Brilliance' and a Malwa canal project.

Punjab Budget 2024-25: Rs 2 Lakh Crore, Focus on Health, Education

March 5, 2024 13:58

Punjab Finance Minister presents a budget of over Rs 2 lakh crore for 2024-25, with special emphasis on health and education. Several new initiatives are announced including crop diversification...

Australia's Southeast Asia Trade Opportunity: Beyond China

March 4, 2024 11:48

Australia seeks new trade partnerships in Southeast Asia, a growing economic powerhouse, offering opportunities for Australian businesses in various sectors.

Rooftop Solar Growth in India: 1.7 GW Added in 2023

March 3, 2024 14:09

Rooftop solar installations in India grew 6.25% to 1.7 GW in 2023, driven by falling costs and incentives. Mercom Capital reports on the growth in residential and commercial sectors.

IFC & Solcon Capital Invest in Deep Tech in India, South Africa

February 28, 2024 13:23

IFC and Solcon Capital partner to invest in deep tech companies in India and South Africa, focusing on 5G, AI, IoT, big data, and cybersecurity.

Maharashtra Interim Budget: No New Taxes, AIIMS Pune & More

February 27, 2024 21:10

Maharashtra's interim budget for 2024-25 proposes no new taxes, announces plans for AIIMS Pune, chemotherapy centres, guest houses in Srinagar & Ayodhya, and more.

MP CM Inaugurates Rs 8,000 Cr Projects at Ujjain Industrial Conference

February 27, 2024 18:38

Madhya Pradesh CM Mohan Yadav will inaugurate and lay foundation stone of projects worth over Rs 8,000 crore at a regional industrial conference in Ujjain, starting March 1.

Maharashtra Interim Budget: No New Taxes, Focus on Welfare

February 27, 2024 17:58

Maharashtra Finance Minister Ajit Pawar presented a revenue-deficit interim budget with no new taxes, focusing on welfare schemes for youth, women, farmers, and infrastructure development.

Magadh Sugar Q3 Profit Surges 77.3%: Details

February 21, 2024 17:39

Magadh Sugar & Energy reported a 77.3% rise in net profit to Rs 39 crore in Q3 FY23, driven by increased sugar cane prices and ethanol procurement targets. Learn more.

Pakistan Stock Market Soars After Coalition Deal

February 21, 2024 13:53

Pakistan's stock market surged after PML-N and PPP agreed to form a coalition government. Analysts expect further gains as the new government unveils its economic strategy.

Gadkari: BJP to Win 2024 Elections, India to be Top Auto Maker

February 9, 2024 21:31

Union Minister Nitin Gadkari predicts BJP victory in 2024 Lok Sabha elections and India becoming the world's largest automobile manufacturer within 5 years. He highlights infrastructure development...

FinMin Releases Rs 66,745 Cr Loan for State Investment

February 5, 2024 20:24

The Ministry of Finance has released Rs 66,745 crore to 28 states for capital investment under the 'Special Assistance to States for Capital Investment' scheme. The loan is aimed at boosting...

Tata Chemicals Q3 Profit Down 60% to Rs 158 cr - Business News

February 5, 2024 19:30

Tata Chemicals reported a 60.30% decline in consolidated net profit to Rs 158 crore in the December quarter due to challenging demand for soda ash.

NITI VC Bery: Budget Fiscally Conservative, Eyes 4.5% Deficit by FY26

February 2, 2024 14:34

NITI Aayog Vice Chairman Suman Bery describes the Interim Budget as fiscally conservative, confident in achieving the 4.5% fiscal deficit target by 2025-26. He also highlights the focus on...

FM defers oil firm equity support to next fiscal

February 1, 2024 21:08

India's Finance Minister has deferred a Rs 15,000 crore equity infusion in state-owned oil firms to next fiscal year, citing reassessed capex needs and a focus on fiscal deficit management.

Sensex Performance on Budget Days: 4 Gains in Last 6 Years

February 1, 2024 18:03

The Sensex has given positive returns to investors on 4 out of the last 6 Budget days. Find out how the market reacted to the latest interim Budget and learn about the impact on Sensex performance.

India Budget 2024: Infra Spend, Agri Focus, No Populism

February 1, 2024 17:07

India's interim budget focuses on infrastructure development, agricultural sector, and fiscal consolidation, with no populist measures ahead of the 2024 elections. Learn more.

Pakistan Issues New Currency Notes to Combat Counterfeit

January 30, 2024 10:15

Pakistan's central bank introduces new currency notes with enhanced security features to combat counterfeit currencies. The move aims to modernize the Pakistani currency and combat black money.

Tamil Nadu Needs USD 111 Billion for USD 2.6 Trillion Economy by 2047

January 29, 2024 16:58

A study by Knight Frank India forecasts Tamil Nadu's economy to reach USD 2.6 trillion by 2047, requiring USD 111 billion investments. The state's services sector is the main driver, with...

India's $5 Trillion Economy: 3rd Largest by 2026

January 29, 2024 15:46

India's economy is projected to reach $5 trillion by 2026, making it the world's third-largest. The finance ministry attributes this growth to ongoing reforms and a strong domestic demand.

LogiMAT India Partners with Startup India for Logistics Startups

January 29, 2024 14:56

Messe Stuttgart India partners with Startup India to create a dedicated pavilion for logistics startups at LogiMAT India 2024. The event aims to empower and connect emerging ventures in the...

Solar Funding Hits Decade High in 2023: Mercom

January 29, 2024 13:12

Global corporate funding in the solar sector reached USD 34.3 billion in 2023, driven by favorable policies and energy security concerns.

Delhi-NCR Industrial & Warehousing Demand Falls 42% in 2023

January 26, 2024 15:33

Delhi-NCR saw a sharp decline in industrial and warehousing space demand in 2023, driven by high base effect and lower supply, according to Colliers. 3PL firms were key demand drivers, with...

Govt Halves Oil Firm Budget Support, Defers Strategic Reserves

January 26, 2024 13:43

India's government has halved its equity infusion for oil companies' energy transition projects and deferred plans to fill strategic oil reserves due to changing market conditions.

JSW to Invest Rs 40,000 Crore in Odisha EV Manufacturing

January 22, 2024 20:33

Odisha approves JSW's Rs 40,000 crore proposal to set up EV and component manufacturing units in Cuttack and Jagatsinghpur districts, creating over 11,000 jobs.

Texas Trade Delegation Visits India: Enhancing Ties

January 21, 2024 00:13

Texas Governor Greg Abbott leads a delegation to India to boost trade and economic ties, focusing on key sectors and investments. The trip aims to strengthen partnerships and explore new...

Tata Power CEO: Private Capex Strong, Budget to Continue Policy

January 10, 2024 21:55

Tata Power's MD Praveer Sinha says private capex is strong, expects upcoming Union Budget to maintain current policy framework.

APM Terminals Pipavav Inks Pacts for Port Infra, Green Hydrogen

January 10, 2024 17:51

APM Terminals Pipavav signs agreements with Gujarat Maritime Board and Welspun Group for port infrastructure development and green hydrogen ecosystem.

Assam Receives Rs 11,000 Crore Investment in 2023 - CM

January 5, 2024 14:14

Assam received over Rs 11,000 crore in investment proposals in 2023, creating over 10,000 jobs. CM Himanta Biswa Sarma highlights the state's conducive investment environment.

Assam Receives Record Investment: Rs 11,000 Cr in 2023

January 5, 2024 10:07

Assam witnessed a record investment of over Rs 11,000 crore in 2023, creating over 10,000 jobs. Chief Minister Himanta Biswa Sarma highlights the state's new industrial policy.

Telangana Supports Amara Raja's Rs 9,500 cr Project

January 3, 2024 14:44

Telangana Chief Minister Revanth Reddy has assured support for Amara Raja's advanced chemistry cell gigafactory and battery pack assembly unit in Mahbubnagar district.

India's Electronics Manufacturing to Reach USD 115 Billion in 2024

December 31, 2023 16:34

India's electronics manufacturing sector is poised for significant growth, driven by increased local value addition and a focus on component production. The sector is expected to reach USD 115...

Startup Funding Winter: Indian Startups Face Challenges in 2023

December 28, 2023 17:51

Indian startups faced funding challenges in 2023, with funding falling to USD 8 billion, but investors remain optimistic about the future. Learn about the impact on unicorn valuations, layoffs, and...

Startup Funding Falls in 2023: What's Next for India's Ecosystem?

December 28, 2023 12:14

India's startup scene faced funding winter and governance woes in 2023. Experts predict a challenging yet exciting 2024 with consolidation and potential IPOs.

Aditya Birla Capital Invests Rs 900 Cr in Subsidiaries

December 26, 2023 21:08

Aditya Birla Capital has invested Rs 849.99 crore in Aditya Birla Finance and Rs 50 crore in Aditya Birla Capital Digital Ltd to support their growth and funding requirements.

Gujarat Industrial Policy: Making State a Global Business Hub

December 25, 2023 13:42

Gujarat's industrial policy, aiming to provide Rs 40,000 crore in subsidies, reflects commitment to making the state a global business hub. Learn about incentives, focus on MSMEs, and more.

India's Road Infrastructure to Match US in 5 Years: Gadkari

December 20, 2023 13:15

India aims to match US road infrastructure in 5 years, says Transport Minister Nitin Gadkari, focusing on congestion reduction, faster travel, and road safety.

Gadkari Urges Construction Equipment Industry to Invest in Research

December 12, 2023 19:02

Union Minister Nitin Gadkari calls on the construction equipment industry to invest in research to become number one in the world within five years.

IOC Raises Panipat Refinery Cost, Delays Completion

December 3, 2023 11:50

Indian Oil Corporation (IOC) has increased the cost of expanding its Panipat refinery by 10% to Rs 36,225 crore and pushed back the completion deadline to December 2025.

Flexible Office Spaces in India: Growth && Trend

December 1, 2023 17:07

Colliers report predicts a surge in flexible office spaces in India, driven by corporate demand for flex workspaces in major cities like Bengaluru, Chennai, Delhi-NCR, Mumbai, Hyderabad, and Pune.

Anicut Capital Invests Rs 133 Cr in TAO Digital Solutions

December 1, 2023 16:46

Anicut Capital, a venture capital firm, has invested Rs 133 crore in US-based TAO Digital Solutions through its private credit fund, GAF-4. The investment will be used by TAO to acquire TriGeo...

USD 13.5 Trillion Needed for Decarbonization: WEF Report

November 28, 2023 16:40

The World Economic Forum estimates USD 13.5 trillion is needed by 2050 to decarbonize key sectors, including production, energy and transport. The report highlights the need for stronger policy...

States Miss Capex Targets: Revenue Fall & Elections - Report

November 26, 2023 11:07

Indian states are likely to miss their capital expenditure targets due to declining revenue and upcoming elections, according to Icra Ratings. Learn more about the impact on state finances.

Kerala Fund Dispute: Sitharaman Rejects Neglect Claims, Highlights Disbursements

November 25, 2023 17:02

Union Finance Minister Nirmala Sitharaman refutes Kerala's accusations of fund neglect, asserting timely disbursement and highlighting state's failure to meet criteria. Learn about the ongoing...

Modern Irrigation for HP Agri Prosperity: Minister

November 24, 2023 22:46

Himachal Pradesh Agriculture Minister emphasizes the role of modern irrigation in boosting the state's agri sector, highlighting the Agricultural Infrastructure Fund scheme and its benefits for...

India's Solar Module Capacity to Reach 60 GW by 2025: Icra

November 6, 2023 16:38

India's domestic solar module manufacturing capacity is expected to reach 60 GW by 2025, driven by the PLI scheme and growing domestic demand, according to Icra.

ODOP Products Exhibition at Mahakumbh 2025

Discover the 'One District One Product' (ODOP) initiative showcasing handicrafts from...

Motilal Oswal AMC Denies Baseless Allegations...

Motilal Oswal Asset Management Company refutes baseless and malicious allegations...

ArcelorMittal Nippon Steel's Gujarat Plant Adds...

ArcelorMittal Nippon Steel India to commission two production lines at its Gujarat...

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