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Tag "investment"

FPIs return, invest nearly Rs 8k cr in Indian equities last week

FPIs return, invest nearly Rs 8k cr in Indian equities last week

🕔16:08, 6.Jun 2021

Mumbai, June 6  Amid robust fourth quarter earnings and declining daily cases of Covid-19, foreign portfolio investors (FPI) have made a comeback in June and invested nearly Rs 8,000 crore during May 31-June 4. FPIs made a net investment of

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SEBI raise overseas investment limit for MFs to $1 bn

SEBI raise overseas investment limit for MFs to $1 bn

🕔06:57, 4.Jun 2021

Mumbai, June 3  Mutual funds can now make overseas investments of up to $1 billion within the overall industry limit of $7 billion. The Securities and Exchange Board of India (SEBI) on Thursday raised the investment limit to $1 billion

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India’s eight core industries’ April production rises over 56%

India’s eight core industries’ April production rises over 56%

🕔07:12, 1.Jun 2021

New Delhi, June 01  Base effect led to India’s eight major industries’ output sky-rocketing during April 2021. The Index of Eight Core Industries’ reading for last month showed an expansion of over 56 per cent from a (-) 37.9 per

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Focus on healthcare, service sector as J&K opens up for investment

Focus on healthcare, service sector as J&K opens up for investment

🕔14:08, 11.Apr 2021

New Delhi, April 11  The Jammu and Kashmir administration is taking major steps to open up the healthcare and services sector in the union territory for investments. Speaking to IANS here, state Principal Secretary, Commerce and Industry Ranjan Prakash Thakur

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Indian startups bagged $9.3bn investments in 2020: Report

Indian startups bagged $9.3bn investments in 2020: Report

🕔06:54, 29.Dec 2020

New Delhi, Dec 29  Despite the Covid-19 challenges, Indian startups received investments to the tune of $9.3 billion in 2020, according to data from consultancy firm Tracxn. The figure is much lower than the record $14.5 billion raised by Indian

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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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