investment
- Technology
WestBridge Capital invests in reg-tech company TSS at Rs 900 cr valuation
New Delhi: Reg-tech company TSS Consultancy on Monday said it has received an investment from VC firm WestBridge Capital at a valuation of Rs 900 crore. The company said that the funds…
- Telangana
Safety equipment maker NAFFCO to invest Rs 700 cr in Telangana
Hyderabad: Dubai-based NAFFCO Group, a global leader in producing and supplier of life safety solutions, will be investing Rs 700 crore in Telangana. They will be setting up a manufacturing plant apart…
- Business
Y Combinator severs ties with Indian startup Medobed over ‘irregularities’
San Francisco: Leading US-based investment firm Y Combinator has reportedly taken stern action on Indian instant medicine delivery startup Medobed after discovering “irregularities” at the platform. According to TechCrunch, citing sources, Y…
- India
India, US discuss ways to give impetus to growing partnership, investment flows
New Delhi: Commerce and Industry Minister Piyush Goyal and US Trade Representative Katherine Tai on Saturday discussed ways to promote trade and investments between the two countries. In a message on social…
- Telangana
Telangana: Pet food major Mars Inc to invest Rs 800 cr for expansion
Hyderabad: Global pet food major Mars Inc has announced an investment of Rs 800 crore to commence its Phase-II expansion in Telangana. The Petcare firm already has a plant with a fixed…
- India
FPIs sold stocks worth Rs 10,921 cr in Aug
New Delhi: After three months of sustained buying with cumulative investment of Rs 1,37,603 crore, FPIs turned sellers in August, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The consolidated…
- India
Infosys inks 5-year, 1.5bn euros deal with Liberty Global
Chennai: Software major Infosys Ltd on Tuesday said it has entered a five-year contract worth about 1.5 billion euros with the UK-based Liberty Global plc. In a regulatory filing, Infosys said the…
- Business
Vanguard slashes Ola’s valuation by 52 per cent: Report
New Delhi: Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more than half, which takes Bhavish Aggarwal-run company’s valuation down to nearly $3.5 billion from…
- Middle East
Most sectors in India now open for Arab investment, says minister
Most investable sectors of the Indian economy are now open for 100% ownership under the automatic route for businessmen and firms in the Arab world, reported Emirates News Agency (WAM). The announcement…
- Business
Venture Capital Investment declines to $77.4B: KPMG Report
New Delhi: Venture capital investment globally declined slightly to USD 77.4 billion across 7,783 deals in the June quarter as investors continued to hold back from making large mega-deals amidst uncertainties, a…
- Business
Investors closes in on acquiring CoinDesk for $125 mn: Report
San Francisco: A group of investors is reportedly in final stages to acquire cryptocurrency news company CoinDesk for about $125 million. CoinDesk is currently owned by crypto conglomerate Digital Currency Group (DCG),…
- Business
Crypto, blockchain sector saw $2.32 bn investment in Q2, lowest since Q4 2020: Report
San Francisco: The crypto and blockchain sector witnessed an investment of $2.32 billion in Q2 2023, marking a new cycle low and the lowest since Q4 2020, continuing a downtrend that began…
- Technology
LG plans $39.5 bn investment to hit $79 bn in sales by 2030
New Delhi: LG Electronics aims to spend $39.5 billion in research and development, facility and strategic investment as it aims to reach $79 billion in sales by 2030, up from $51.4 billion…
- Business
Kia to invest $200 mn to produce EV9 SUV at US plant
Seoul: Kia, South Korea’s second-largest carmaker by sales, said on Thursday it will invest $200 million to produce the all-electric EV9 SUV in its US plant next year. The flagship EV9 will…
- Business
Tata Technologies express interest to invest Rs 2,000 crore in Karnataka
Bengaluru: Tata Technologies has come forward to set up three Common Engineering Facilities Centres (CEFCs) in the state by investing Rs. 2,000 crore. Representatives of the leadership team of the company met…
