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Tag "investment"

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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PM to set 5-year vision to push growth, investment

PM to set 5-year vision to push growth, investment

🕔06:50, 4.Jan 2020

New Delhi, Jan 4  Weeks before the Union Budget and in the wake of slowing economy, Prime Minister Narendra Modi has started taking presentations from the sector-specific committee of secretaries (CoS) which will be the basis for setting a five-year

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Mamata offers ‘business with a smile’ to investors

Mamata offers ‘business with a smile’ to investors

🕔13:24, 12.Dec 2019

Kolkata, Dec 12  Offering “business with a smile” and “without tension”, West Bengal Chief Minister Mamata Banerjee here on Wednesday wooed investors claiming the state didn’t discriminate against anybody and its economic fundamentals were better than the national average. “Bengal

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‘India to invest $100 billion by 2024 in oil, gas sector’

‘India to invest $100 billion by 2024 in oil, gas sector’

🕔18:34, 6.Nov 2019

New Delhi, Nov 6  Even as the investment in world energy market is fast switching towards electric and renewables, India is set to further strengthen its carbon footprint with an investment of over $100 billion over the next five years

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Bharat ETF 1-day issue oversubscribed 10 times, government to retain Rs 10k crore

Bharat ETF 1-day issue oversubscribed 10 times, government to retain Rs 10k crore

🕔07:05, 15.Feb 2019

New Delhi, Feb 15  The Bharat 22 ETF issue has been subscribed over 10 times and the government will retain about Rs 10,000 crore as divestment proceeds from the additional offering period of the exchange traded fund. Additional offering of

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Dharmendra Pradhan invites investors to participate and make the most of the India growth story

Dharmendra Pradhan invites investors to participate and make the most of the India growth story

🕔14:21, 13.Nov 2018

By Pradeep Kashyap The Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship Shri Dharmendra Pradhan has invited the private investors to participate and make the most of the India growth story. Speaking at the roadshow for

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Cabinet nod for 4,072 towers in LWE areas for Rs 7,330 crore

Cabinet nod for 4,072 towers in LWE areas for Rs 7,330 crore

🕔10:34, 24.May 2018

New Delhi, May 24  To empower security personnel and people staying in the country’s Left Wing Extremist (LWE) areas, the Cabinet on Wednesday approved the setting up of an additional 4,072 mobile towers at an investment of Rs 7,330 crore,

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Tata Steel expects Rs 1,000 cr revenue by 2021 from home solutions

Tata Steel expects Rs 1,000 cr revenue by 2021 from home solutions

🕔20:21, 6.Feb 2018

Kolkata, Feb 6  Tata Steel is looking at Rs 1,000 crore revenue over the next three years from its home solutions business, an official said. “Our revenue from retail interior steel home solutions in the current fiscal will be about

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Italy, Iran to ink 5 bn euro investment accord

Italy, Iran to ink 5 bn euro investment accord

🕔10:53, 11.Jan 2018

Rome, Jan 11  Italy and Iran will on Thursday sign a credit agreement worth five billion euros that will help Italian companies invest in Iran, a media report said. Under the framework accord, Italian state-owned holding Invitalia will open lines of

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