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  • JSPL to invest Rs 20,000 cr in Jharkhand: Naveen Jindal Feb 16, 2017 03:10 PM IST

    JSPL to invest Rs 20,000 cr in Jharkhand: Naveen Jindal

    Jharkhand is endowed with rich mineral resources but had suffered political instability, Jindal said, adding that it is now on the path to development.

  • ArthVeda FM plans to raise $250 mn from Qatar Holding Feb 06, 2017 04:08 PM IST

    ArthVeda FM plans to raise $250 mn from Qatar Holding

    Qatar Holding has committed to invest USD 250 million in ArthVeda Fund Management's affordable low and middle income (LMI) fund, which projects an IRR in excess of 18-21 per cent, the company said in a statement issued here.

  • Tata Chemicals proposes Rs 250 cr investment in Andhra Pradesh Jan 31, 2017 09:14 AM IST

    Tata Chemicals proposes Rs 250 cr investment in Andhra Pradesh

    The company signed a memorandum of understanding with the Andhra Pradesh government in this regard on January 28, 2017.

  • Lumax earmarks Rs 100 cr capex for next 12 months Jan 27, 2017 01:48 PM IST

    Lumax earmarks Rs 100 cr capex for next 12 months

    The company's board has approved a capital expenditure plan of up to Rs 100 crore over a period of 12 months for expanding existing manufacturing facilities in Sanand and future expansion for supply of automotive lighting products to its customers, Lumax Industries said in a regulatory filing.

  • L'Oreal, Founders Factory to invest in 5 cosmetics start-up cos Jan 23, 2017 03:19 PM IST

    L'Oreal, Founders Factory to invest in 5 cosmetics start-up cos

    In 2012, L'Oreal set up an internal start-up unit in Silicon Valley and in May last year it invested in Founders Factory, a digital incubator, co-founded by Brent Hoberman, former chief executive and co-founder of lastminute.com.

  • Infosys invests over $62 million in startups Jan 22, 2017 01:22 PM IST

    Infosys invests over $62 million in startups

    Infosys has invested a little over USD 62 million from its USD 500 million innovation fund in startups covering areas like IoT, automation and drones.

  • Globalisation set for 'new normal', India in sweet spot: Kamath Jan 19, 2017 01:22 PM IST

    Globalisation set for 'new normal', India in sweet spot: Kamath

    On debate at WEF here on future of globalisation and opportunities for China and India, Kamath said, "If you look at just China and India, they contribute two-thirds of the incremental global growth. Any dialogue on globalisation is not complete without taking India and China into context. They are the key in this whole debate."

  • General Motors to announce $1 billion in US investment Jan 17, 2017 09:12 AM IST

    General Motors to announce $1 billion in US investment

    The largest US automaker is making the decision for business and not political reasons, said the person, who asked not to be identified.

  • Money spinners: 9 stocks IIFL is bullish on for 2017? Jan 14, 2017 02:46 PM IST

    Money spinners: 9 stocks IIFL is bullish on for 2017?

    The brokerage firm says that even on assuming only 12 percent Nifty earnings growth in FY18 due to spill‐over of demonetisation, valuations are factoring much damage at price to earnings (PE) of 17 times.

  • Reliance Jio to invest Rs 30,000 cr more in networks Jan 13, 2017 10:12 PM IST

    Reliance Jio to invest Rs 30,000 cr more in networks

    New telecom operator Reliance Jio Infocomm is planning to invest Rs 30,000 crore more to expand coverage and increase network capacity.

  • Air Pegasus to take off again on Flyeasy's Rs 86 cr investment Jan 10, 2017 07:22 PM IST

    Air Pegasus to take off again on Flyeasy's Rs 86 cr investment

    Grounded regional carrier Air Pegasus is expected to resume operations from March following Flyeasy agreeing to invest Rs 86 crore in a phased manner for majority stake purchase.

  • Wai Wai noodles to invest Rs 250 cr to open QSRs in India Jan 05, 2017 03:40 PM IST

    Wai Wai noodles to invest Rs 250 cr to open QSRs in India

    CG Corp Global, which plans to open 1,500 noodle bars across the world under the brand 'Wai Wai City', has partnered with Franchise India to roll out stores in India.

  • Sebi relaxes rules for angel funds to boost startup funding Jan 05, 2017 03:40 PM IST

    Sebi relaxes rules for angel funds to boost startup funding

    Besides, the lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh.

  • Kalyan Jewellers to invest Rs 500 cr to open 15 stores in 2017 Jan 05, 2017 01:52 PM IST

    Kalyan Jewellers to invest Rs 500 cr to open 15 stores in 2017

    The company said it is also looking to augment its reach with investment in digital foray and relaunch of its purchase advance scheme, compliant with the prevailing regulations.

  • China to invest $360 billion in renewable power in 2016-2020 Jan 05, 2017 08:44 AM IST

    China to invest $360 billion in renewable power in 2016-2020

    The investment will create over 13 million jobs in the sector, the NEA said in a blueprint document that lays out its plan to develop the nation's energy sector in a five-year period.

  • Apple in talks to invest $1 bn in SoftBank tech fund: Source Dec 13, 2016 08:33 AM IST

    Apple in talks to invest $1 bn in SoftBank tech fund: Source

    SoftBank is investing at least USD 25 billion in the fund and has been in talks with Saudi Arabia's Public Investment Fund (PIF) for an investment that could go up to USD 45 billion.

  • Oil investment declined even at $50/barrel: UAE energy minister Dec 07, 2016 12:10 PM IST

    Oil investment declined even at $50/barrel: UAE energy minister

    In this context, the oil market could correct to reasonable levels within six months, he said. "We will see in six months what will be the requirement and take the right measures."

  • MRPL readies Rs 11,000 cr to hit 25 mt refining capacity Dec 05, 2016 02:16 PM IST

    MRPL readies Rs 11,000 cr to hit 25 mt refining capacity

    The company is also looking at scaling up its petrochemical production capacity to clock larger margins, MRPL Managing Director H Kumar told PTI here.

  • Vedanta to invest up to $2.9 bn over 3 years in key India plants Dec 02, 2016 10:45 AM IST

    Vedanta to invest up to $2.9 bn over 3 years in key India plants

    The company plans to expand the capacity of its Lanjigarh alumina refinery to 5 million tonnes from the current 2 million tonnes and double the capacity of its Jharsuguda aluminium smelter to 2 million tonnes.

  • IFC plans to invest $200-300 mn in healthcare sector Dec 02, 2016 09:02 AM IST

    IFC plans to invest $200-300 mn in healthcare sector

    Henrik Elschner Pedersen, IFC's senior manager (Consumer and Social Services- Asia), when asked about IFC's investment plans in Indian healthcare sector in the next one year, told PTI that it is envisaging to invest "...200 to 300 million dollars."

  • Apollo Hospitals in expansion mode; to invest Rs 1,400-crore Nov 14, 2016 05:40 PM IST

    Apollo Hospitals in expansion mode; to invest Rs 1,400-crore

    Healthcare group Apollo Hospitals has plans to invest Rs 1,400 crore over the next couple of years for expansion, a top company official said here today.

  • Huge opportunities in India,want to make it most open economy:PM Nov 11, 2016 12:24 PM IST

    Huge opportunities in India,want to make it most open economy:PM

    Addressing top Japanese business leaders here, he said India wants "greater influx of Japanese investments" and "for this, we will be proactive in addressing your concerns".

  • India, UK to deepen ties in defence sector Nov 08, 2016 07:54 AM IST

    India, UK to deepen ties in defence sector

    Discussing the issue with visiting UK Prime Minister Theresa May, Modi said he encourages British companies to look at the multiple opportunities in the Indian defence sector.

  • Asbah to soon launch fortified rice, invest over Rs 50 cr Nov 07, 2016 03:40 PM IST

    Asbah to soon launch fortified rice, invest over Rs 50 cr

    A relatively new brand launched in India in August 2016 sells basmati rice, dalia, poha, suji and maida here. It also exports basmati rice.

  • Hero MotoCorp to invest up to Rs 205 cr in Ather Energy Oct 27, 2016 11:14 AM IST

    Hero MotoCorp to invest up to Rs 205 cr in Ather Energy

    "The board of directors of the company, in its meeting held on October 26, 2016, approved an investment of up to Rs 205 crore, in one or more tranches, for approximately 26-30 percent shareholding in Ather Energy Private Ltd," Hero MotoCorp said in a BSE filing.

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