investments
- Business
Mayhem in crypto market as Bitcoin drops below $30,000-mark
New Delhi: The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode. The overall global…
- Middle East
Saudi Arabia invests $6 bn in steel, metal complex for electric cars
Riyadh: The Kingdom of Saudi Arabia’s Ministry of Industry and Mineral Resources on Friday announced its investment of $6 billion in a steel plate complex and a factory for electric car battery…
- Telangana
Telangana: KTR inks deal with Thailand govt to promote trade
Hyderabad: IT and industries minister KT Rama Rao (KTR) on Monday entered a trade agreement with the government of Thailand in a virtual summit. KTR and Thailand deputy Prime Minister Jurin Laksanawisit…
- Business
Shares of Adani Group cos surge after $2 bn foreign investments
New Delhi: Shares of Adani Green Energy, Adani Transmission, and Adani Enterprises surged on Monday on an otherwise broader market. Adani Green Energy shares were locked in the 20 per cent upper…
- Telangana
KTR-led delegation to attract global firms for investments in Telangana
Hyderabad: Telangana IT and Industries Minister KTR is leading a delegation to the US to attract global firms for investments in the state. The Telangana delegation left for the US this morning…
- Andhra Pradesh
Andhra Pradesh attracts Rs 5150 crore worth investments at EXPO2020 Dubai
Dubai: The Andhra Pradesh week at the India Pavilion in EXPO2020 Dubai concluded on a successful note with the state signing five MoUs worth INR 5,150 crores with investors across key sectors…
- Business
Jio Platforms invests $15 mn in AI, VR startup Two Platforms
New Delhi: Jio Platforms announced on Friday that it has invested $15 million in Two Platforms (TWO) for a 25 per cent equity stake. The startup — Two Platforms — is an…
- Business
Essar’s JV to set up UK’s largest hydrogen hub
New Delhi: Conglomerate Essar and Progressive Energy have formed a new joint venture, Vertex Hydrogen, to build the UK’s largest hydrogen hub at the Stanlow Manufacturing Complex. Led by Essar as the…
- Real Estate
Institutional investments in real estate sector a boon for realty, says Pankaj
New Delhi: As per the report from Department of Promotion of Industry and Internal Trade Policy (DPIIT), construction sector is the third largest in terms of FDI inflow. The sector attracted USD…
- Business
B2B ecommerce platform Bizongo raises $110 mn led by Tiger Capital
Mumbai: B2B ecommerce platform Bizongo on Monday said it has raised $110 million in a Series D round led by New York-based Tiger Global Management. With the latest round, Bizongo’s valuation has…
- Telangana
KTR speaks to European Business Group, promotes Telangana’s business potential
Hyderabad: Telangana IT and Industries Minister KT Rama Rao at a webinar on Wednesday, spoke with the members of European Business Group and discussed how the state has transformed into a worthy…
- Business
Bitcoin reclaims $1 trillion cap, Indian crypto players cheer
New Delhi: As Bitcoin once again reclaimed the $1 trillion market cap, crossing $54,000 per digital coin, Indian crypto leaders on Thursday expressed hope that India and its neighbouring countries will continue…
- Business
India Inc seals 181 deals worth $13.2 bn in July
New Delhi: India Inc recorded 181 deals amounting to $13.2 billion in July 2021, according to Grant Thornton Bharat’s ‘Dealtracker’. There has been a significant year-on-year rise in deal volumes at 66…
- Business
Sluggish start for stocks after climb in unemployment claims
New York: Stocks are off to a sluggish start on Wall Street as investors look over a surprise increase in claims for unemployment benefits and mixed news on corporate earnings. The S&P…
- Business
OYO raises $660M through debt funding
New Delhi: OYO on Friday announced that it has raised a TLB (Term Loan B) funding of $660 million from global institutional investors. A company statement said that the offer was oversubscribed…
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