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Tag "investment"

India’s data centre industry draws $396 mn investment in Jan-Sep 2020

India’s data centre industry draws $396 mn investment in Jan-Sep 2020

🕔17:00, 19.Nov 2020

Mumbai, Nov 19  The Indian data centre industry has attracted investments totalling around $396 million during January-September 2020, a report by Anarock and Mace said on Thursday. “The Indian data centre industry has attracted close to $977 million in PE

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TN signs 14 MoUs for industrial investment of Rs 10,055 cr

TN signs 14 MoUs for industrial investment of Rs 10,055 cr

🕔20:11, 12.Oct 2020

Chennai, Oct 12  The Tamil Nadu government on Monday signed 14 MoUs for industrial investment worth Rs 10,055 crore with an employment potential of 7,000 persons. The MoUs were signed in the presence of Chief Minister K. Palaniswami at the

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Govt capex increased by Rs 25K Cr, total FY21 spend rises to Rs 4.38L Cr

Govt capex increased by Rs 25K Cr, total FY21 spend rises to Rs 4.38L Cr

🕔20:08, 12.Oct 2020

New Delhi, Oct 12  The government has increased its capital expenditure budget to step up expenditure on projects that generate employment and spur economic activity and growth. Accordingly, Finance Minister Nirmala Sitharaman on Monday announced that Centre’s capital expenditure budget

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Rs 3L cr PLI scheme for 10 sectors to boost domestic manufacturing

Rs 3L cr PLI scheme for 10 sectors to boost domestic manufacturing

🕔07:48, 29.Sep 2020

New Delhi, Sep 29  In a major push to domestic manufacturing in the country, the government proposes to pump in over Rs 3 lakh crore through an umbrella production linked incentive (PLI) scheme that will run simultaneously in 10 identified

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Trump paid $145K in taxes to India, made $2.3m from projects: Report

Trump paid $145K in taxes to India, made $2.3m from projects: Report

🕔07:42, 29.Sep 2020

New York, Sep 29  US President Donald Trump or his company paid $145,400 in taxes to India and received $2.3 million from projects there, according to The New York Times. The newspaper said the taxes were paid by him or

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Rate cuts have not spurred investment: SBI Chairman

Rate cuts have not spurred investment: SBI Chairman

🕔17:49, 22.Sep 2020

New Delhi, Sep 22  State Bank of India chairman Rajnish Kumar on Tuesday said that interest rate cuts had not led to an increase in investment, despite the banks passing on the rate cuts to the customers. Speaking at the

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India should look for outward investments to meet domestic needs: Exim Bank study

India should look for outward investments to meet domestic needs: Exim Bank study

🕔10:19, 17.Sep 2020

Chennai, Sep 17  India should look at outward investments in agriculture and rare earth elements to meet domestic demand as well as specific interventions for encouraging innovation-led manufacturing, revisiting regulations to reduce import dependence in certain sectors, states a study

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ODEs can help create Rs 35 lakh crore in India by 2030: Report

ODEs can help create Rs 35 lakh crore in India by 2030: Report

🕔12:09, 28.Aug 2020

Mumbai, Aug 28  As Indian enterprises speed up their digital transformation amid the pandemic, a new report on Friday predicted that by 2030, 10 high potential national open digital ecosystems (NODEs) in sectors like health, agriculture and justice etc can

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ISFC gets commitment of $30mn investment

ISFC gets commitment of $30mn investment

🕔07:48, 26.Aug 2020

Mumbai, Aug 26  Education finance NBFC, Indian School Finance Company (ISFC) on Tuesday announced it has tied up equity and debt commitments of $30 million investment from a consortium led by its shareholder Gray Matters Capital. Other partner NBFCs including

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IRDAI slightly tweaks dividend criteria for investments

IRDAI slightly tweaks dividend criteria for investments

🕔07:13, 22.Aug 2020

Chennai, Aug 22  In relief to life and non-life insurers, the Insurance Regulatory and Development Authority of India (IRDAI) on Friday announced slight change in its investment regulations. Insurers were now permitted to classify investments in preference and equity shares

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Foreign cos among 23 firms in pre-bid for running pvt trains

Foreign cos among 23 firms in pre-bid for running pvt trains

🕔07:42, 13.Aug 2020

New Delhi, Aug 13  Even as the Indian Railways plans to introduce the first set of 12 private trains in 2023 followed by 45 more in the next fiscal as per an initial timeline, the national transporter held the second

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New RBI risk capital charges for banks’ investment in debt instruments

New RBI risk capital charges for banks’ investment in debt instruments

🕔18:05, 6.Aug 2020

Mumbai, Aug 6  The Reserve Bank of India (RBI) on Thursday came up with a fresh set of risk capital charges for banks investing in debt instruments such as mutual funds or exchange-traded funds (ETF). RBI Governor Shaktikanta Das said

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Single window clearance system for industry soon: Goyal

Single window clearance system for industry soon: Goyal

🕔07:10, 28.Jul 2020

New Delhi, July 28  The government will soon set up a single window system for clearances and approvals for industries in the country, Commerce and Industry Minister Piyush Goyal said on Monday. In an interaction with sovereign wealth funds, foreign

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TN inks 16 MoUs for Rs 5,137 crore investment

TN inks 16 MoUs for Rs 5,137 crore investment

🕔18:51, 23.Jul 2020

Chennai, July 23  The Tamil Nadu government on Thursday signed MoUs with 16 investors for a potential investment of Rs 5,137 crore in various projects, an official statement said. The MoUs were signed at the state secretariat, in the presence

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Wipro eyes UK, Europe expansion, acquires Salesforce partner 4C

Wipro eyes UK, Europe expansion, acquires Salesforce partner 4C

🕔18:36, 23.Jul 2020

Bengaluru, July 23  Wipro on Thursday announced it has signed a definitive agreement to acquire 4C, one of the largest Salesforce partners in the UK, Europe and the Middle East, for an undisclosed sum. The move will help make the

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Covid slowed disinvestment, EoIs may be extended: DIPAM Secy

Covid slowed disinvestment, EoIs may be extended: DIPAM Secy

🕔19:39, 22.Jul 2020

New Delhi, July 22 The Centres mega disinvestment plan has been impacted by the ongoing Covid-19 pandemic, making it necessary to extend to some extent the timelines for the submission of expressions of interest (EOIs), which have been issued by the

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Qualcomm to invest Rs 730 cr in Jio Platforms

Qualcomm to invest Rs 730 cr in Jio Platforms

🕔07:19, 13.Jul 2020

New Delhi, July 13 The investment spree into Reliance Industries’ Jio Platforms continues, with technology major Qualcomm coming in with Rs 730 crore to pick up 0.15 per cent stake. Reliance Industries on Sunday announced that Qualcomm Ventures, the investment arm

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Maharashtra to sign 12 MoUs with global investors on Monday

Maharashtra to sign 12 MoUs with global investors on Monday

🕔07:37, 15.Jun 2020

Mumbai, June 15  Kickstarting the ‘Magnetic Maharashtra’ initiative, Maharashtra is slated to sign 12 major MoUs with global companies for investments in the state on Monday, an official said here on Sunday. The MoUs shall be signed with companies from

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Jio Platforms achieves largest continuous funds raised by any company in the world

Jio Platforms achieves largest continuous funds raised by any company in the world

🕔09:51, 14.Jun 2020

New Delhi, June 14  Jio Platforms has crossed Rs 1 lakh crore in the largest continuous funds raise by a company anywhere in the world with an unprecedented ninth investment in seven weeks with TPG Capital buying 0.93 per cent

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More big investments into Jio likely in coming months: RIL

More big investments into Jio likely in coming months: RIL

🕔07:33, 1.May 2020

New Delhi, May 01 Reliance Industries (RIL) on Friday said that it has received strong interest from investors, and major investments into Jio Platforms, in the line with Facebook’s over Rs 43,000 crore investment, may be announced in the coming months.

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