KKR to invest Rs 2,069 crore in Reliance Retail for additional 0.25% stake
Mumbai: Global investment firm KKR will invest Rs 2,069.50 crore into Reliance Retail Ventures Ltd (RRVL) to increase its equity stake in the retail major from 1.17% to 1.42%.
RBI revises rules for classification and operation of investment by banks
Mumbai: The Reserve Bank of India (RBI) said on Tuesday that it has amended the existing norms for the classification, valuation, and operation of investment portfolios of commercial banks based on the feedback it received from a discussion paper.
Guwahati: Assam on Tuesday inked Memorandum of Understandings (MoUs) with nine companies that are estimated to bring private investments to the tune of Rs 8201.29 crore.
Hyderabad-based QSR chain ZOMOZ raises funds for global expansion
Hyderabad/IBNS: Internet food company Zomoz has raised an undisclosed amount from existing investor and food tech unicorn Rebel Foods in its second round of capital to further global expansion.
Page Industries to invest Rs 290 cr in Telangana
Hyderabad/IBNS: Exclusive licensee of Jockey International in India Page Industries on Wednesday announced to invest Rs 290 crores to set up two facilities in Telangana.
SIP contribution in September 2022 jumps to highest ever Rs 12,693 lakh crore: AMFI
SIP contribution in the month of September 2022 increased from Rs 12,693.45 lakh crore to the highest ever Rs 12,976.34 lakh crore with the number of SIP accounts standing at 5,83,77,684, according to data released by the Association of Mutual Funds of India (AMFI).
'INSIGHT 2022': Nitin Gadkari calls for professionally managed public transport system
New Delhi/UNI: Union Minister for Road Transport and Highways Nitin Gadkari on Thursday called for a professionally managed public transport system.
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UP has become favourite destination for investors: Kumar Mangalam Birla
Lucknow/UNI: Referring to the old ties between Uttar Pradesh and the Aditya Birla Group (ABG), Chairman of ABG Kumar Mangalam Birla on Friday said post independence an aluminium factory in the name of Hindalco in the state was set up by them, marking the beginning for his group to becoming the world's largest company in its field.
Kolkata/IBNS: During the national conclave Dream, Believe, Magic (DBM) hosted by Young India, youth arm of CII (Confederation of Indian Industries), Co-founder of Emcure Pharmaceuticals Namita Thapar said she bets on passionate and driven entrepreneurs who recognise their market in-depth.
States should leverage opportunities to scale up investments and growth: Nirmala Sitharaman
New Delhi/IBNS: Union Finance Minister Nirmala Sithraman on Monday directed states to leverage opportunities to scale up investments and growth with Centre's reforms to make India globally and domestically attractive in terms of being business-friendly.
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We go through our lives, making sure that our loved ones are healthy and happy. For most of us, that means taking care of their present and future financial requirements. If you are an earning individual, these may be some of the prevailing concerns in your mind before making any investment-related decision.
Seimens Healthineers invests Rs. 1300 crore in India
Benagluru/IBNS: To advance the digitalization of healthcare, Siemens Healthineers on Tuesday announced plans to invest INR 1,300crore (EUR 160 million) over the next five years in an innovation hub in Bengaluru, India.
Dream Sports of Mumbai attracts large funding from Tiger Global, TTAD and others
Mumbai/IBNS: Dream Sports, a Mumbai-based sports technology company, which owns brands such as Dream11, FanCode and DreamX, has received a fresh round of funding worth $225 million.