investment
- Technology
Lenovo to invest $1 bn to accelerate AI deployment for businesses
New Delhi: Global technology brand Lenovo on Wednesday announced that it will invest $1 billion over three years in the expansion of infrastructure solutions to accelerate the artificial intelligence (AI) deployment for…
- Technology
Endefo to invest Rs 200 cr in India, eyes 10% wearable market share
New Delhi: Consumer electronics brand Endefo on Wednesday said it plans to invest Rs 200 crore in the Indian wearable market by the end of 2024, with an aim to secure 10…
- Technology
Pepper Group to invest $150 mn to establish a fintech in India
New Delhi: Global consumer finance company Pepper Group on Monday said it will invest $150 million over the next four years to establish a fintech in India. The fintech, under the Pepper…
- Technology
NASA to invest $45mn in small biz to develop tech for future missions
Washington: NASA plans to invest $45 million in funding to more than 200 small businesses to develop new technologies designed to protect the health of astronauts, lower risk of collision damage to…
- Top Stories
Forum for Good Governance seeks details from KTR on investments & jobs
Hyderabad: The Forum for Good Governance on Wednesday demanded from Telangana’s Information Technology and Industries Minister K.T. Rama Rao the details of Rs.3.30 lakh crore investment made and 22.5 lakh jobs created…
- India
TN lost 2 major investments due to ruling DMK’s ‘careless’ attitude: Palaniswami
Chennai: Leader of Opposition in the Tamil Nadu Legislative Assembly Edappadi K Palaniswami on Friday alleged that the state lost two mega investments worth several thousands of crores of rupees to other…
- Business
Aurum acquires Tiger Global-backed home rental firm NestAway for about Rs 90 cr
New Delhi: Proptech company Aurum on Friday said it has acquired Tiger Global-backed home rental firm NestAway Technologies for up to $10.9 million (about Rs 90 crore), a massive markdown from NestAway’s…
- Business
Samsung, LG, other S.Korean firms to invest $49 bn in display business
Seoul: Samsung Display, LG Display, and other South Korean display companies will make a combined investment of over 65 trillion won ($48.77 billion) by 2027 to secure innovative technologies and reclaim the…
- Technology
Delhivery makes key investment in omnichannel retail software provider Vinculum
New Delhi: Fully-integrated logistics services provider Delhivery on Saturday announced to make a strategic investment in Vinculum, a global software leader enabling omnichannel retailing, for an undisclosed sum to boost its direct-to-consumer…
- Andhra Pradesh
Investors not confident about investing in Andhra: Chandrababu
Amaravati: Telugu Desam Party (TDP) national president N. Chandrababu Naidu on Saturday alleged that not a single investor is confident about investing in Andhra Pradesh. He slammed Chief Minister Y.S. Jagan Mohan…
- Hyderabad
TechnipFMC to set up global delivery centre in Hyderabad
Hyderabad: TechnipFMC, a French American Oil will be investing over Rs 1250 crore to set up its software global delivery centre and precision engineering manufacturing facility in Hyderabad. TechnipFMC is a technology…
- Business
US investment firm Vanguard slashes Ola’s valuation by 35%
New Delhi: The US-based investment management company Vanguard has slashed ride-hailing firm Ola’s valuation by 35 per cent amid global macroeconomic conditions, reducing its worth to about $4.8 billion. According to a…
- Middle East
Abu Dhabi Investment Authority invests $500M in India’s Lenskart
New Delhi: Omnichannel eyewear unicorn Lenskart has signed a definitive agreement with Abu Dhabi Investment Authority (ADIA) to raise $500 million from the authority. The investment is an extension to last year’s…
- India
Govt realises disinvestment receipts of Rs 31,107 crore in FY23
New Delhi: The government has realised disinvestment receipts of Rs 31,107 crore as on January 31, which is around 62 per cent of the Revised Estimate (RE) for the FY 2022-23 that…
- Business
Issue price of sovereign gold bonds scheme notified – It is a worthy investment?
New Delhi: The issue price for the sovereign gold bonds scheme 2022-23 (Series-IV), during the subscription period is set to Rs 5,611 per gram. However, the government, in consultation with the Reserve…
