investment
- 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…
- Business
CapFort Ventures launches Rs 200 cr India tech fund, to invest in 40 startups
New Delhi: Micro-VC fund CapFort Ventures on Wednesday launched a Rs 200 crore India-focused tech fund that plans to invest in more than 40 startups in the next two years. With a…
- Hyderabad
Lutfi Hassan extols investment prospects in new oil rich S America’s Guyana
Hyderabad: Texas Democrat & Honorary CG of Guyana to Southern USA H.E. Lutfi Syed Hassan, a prominent figure in American politics, expressed his admiration for the unique identity and global recognition of…
- Business
A91 Partners invests $30 mn in digital transformation provider KaarTech
New Delhi: Leading investment firm A91 Partners has invested $30 million in digital transformation consulting company KaarTech, it said on Monday. Founded in 2006 and headquartered in Chennai, KaarTech specialises in SAP…
- Business
Govt approves investment proposals worth Rs 56,000 crore in 16 states for 2023-24
New Delhi: Government has approved capital investment proposals worth Rs 56,415 crore in 16 states in the current financial year. Approval has been given under the scheme entitled ‘special assistance to states…
- India
Centre approves Rs 1,255-crore capital investment for Arunachal Pradesh
Itanagar: The finance ministry has approved a capital investment proposal of Rs 1,255 crore for Arunachal Pradesh in the current financial year, an official release said on Monday. Approval has been given…
- Technology
Epsilon Advanced Material to invest $650 mn in US, create over 1.5K jobs
New Delhi: Homegrown leading battery materials company Epsilon Advanced Materials (EAM) on Monday announced that it is planning to invest $650 million in the US. The company will establish a 50,000 TPA…
- Business
Lulu Group to invest Rs 3,500 cr investments in Telangana
Hyderabad: UAE-based Lulu Group will be investing about Rs 3,500 crore in investments in Telangana in the next five years in various projects including a Destination Shopping Malls (Rs 3,000 crore) here and…
