investment
- Technology
Wow! Momo raises Rs 410 cr in latest round led by Khazanah, OAKS
New Delhi: Quick service restaurant (QSR) chain, Wow! Momo, said on Tuesday that it has raised Rs 410 crore (around $49 million) in its Series D round led by Khazanah Nasional Berhad,…
- Business
Investment giant Fidelity cuts Musk-run X’s valuation by 71.5%
San Francisco: In some bad news for Elon Musk, global investment firm Fidelity has marked down its investment in Musk-run X Holdings (the parent company of X) by a whopping 71.5 per…
- India
Karnataka govt approves 14 investment projects worth Rs 34,115 cr
Belagavi: The State High-Level Clearance Committee (SHLCC), headed by Karnataka Chief Minister Siddaramaiah on Tuesday approved 14 projects worth Rs 34,115 crore, with a potential to create 13,308 jobs across the state.…
- Andhra Pradesh
Epack Prefab commissions facility in Andhra Pradesh at investment of Rs 200 cr
New Delhi: Epack Prefab, a manufacturer of pre-engineered structures, on Wednesday announced commissioning of its new facility in Andhra Pradesh set up with an investment of around Rs 200 crore. Spread over…
- Bangalore
Karnataka govt signs MoU with TKM for Rs 3,300cr investment
Bengaluru: The Karnataka government on Tuesday signed a memorandum of understanding (MoU) with automobile major Toyota Kirloskar Motor (TKM), an Indian subsidiary of Japan’s Toyota Motor Corporation for further expansion of its…
- Business
SoftBank reportedly selling stake worth $150 mn in logistics firm Delhivery
New Delhi: Japanese investment giant SoftBank is going to sell its stake worth $150 million in logistics firm Delhivery, media reported on Thursday. According to Moneycontrol, citing sources, SoftBank is likely to…
- Business
FPIs pulling out of stocks but stepping up investments in debt instruments
Mumbai: Foreign portfolio investors (FPIs) continue to pull out money from the Indian equity markets in November but have stepped up investment in debt instruments resulting in a net inflow of foreign…
- Middle East
UAE, Jordan sign agreements to expand investment cooperation
Abu Dhabi: The Ministries of Investment of the UAE and Jordan have signed a Memorandum of Understanding (MoU) aimed at creating a framework for investment cooperation in key areas including infrastructure and…
- Business
Indian data centre industry to see Rs 45K crore investments by 2026: Report
New Delhi: The Indian data centre industry is likely to attract investments exceeding Rs 45,000 crore over the three fiscals till 2026 as growing demand for data and storage piques the interest…
- World
Sunak’s wife Akshata Murty decides to liquidate investment venture in UK
London: British Prime Minister Rishi Sunak’s wife Akshata Murty has decided to liquidate her investment company Catamaran Ventures UK Ltd, according to official company filings with the UK’s Companies House this week.…
- Telangana
Sintex to set up a manufacturing unit in Telangana
Hyderabad: Sintex, which is a part of Welspun Group has announced an investment of Rs. 350 crore in the state. According to the Telangana government, this investment will create 1000 jobs in…
- Bangalore
Bengaluru emerges as major investment destination for NRIs
Bengaluru: India’s IT capital Bengaluru has evolved as the major investment destination for NRI investors in residential real estate. Real estate industry pundits are claiming that 2023 is going to be a…
- Bangalore
Karnataka govt approves 91 investment projects worth Rs 7,660 cr
Bengaluru: The Karnataka government’s State Level Single Window Clearance Committee (SLSWCC) has cleared 91 industrial investment proposals worth Rs 7,659.52 crore with an employment generation potential of 18,146, an official statement said…