Reason Why NRIs are Investing Big in the Indian Economy
The Indian diaspora is showing renewed confidence in the Indian economy, with NRI deposit inflows surging to $7.8 billion between April and August this year. ...
Tag : investment
United States Looking to Restrict AI Investment in China
US rules that will restrict certain investments in artificial intelligence (AI) in China are now under final review, according to a government posting, signalling that...
Infosys to Invest Up to Rs 17 Crore in Spacetech Startup GalaxEye, Shares Trading Flat
Shares of Infosys Ltd. are trading flat after reaching a day’s high of Rs 1,915 on 20th September, following the company’s announcement of its decision...
Natco Pharma Gains 3% After $8 Million Investment in US Biotech Firm eGenesis
Shares of Natco Pharma Ltd. rose by 3% to a day’s high of Rs 1,555 on 4th September after the company announced that its wholly-owned...
Vedanta Invest Rs 1 Lakh Crore in Rajasthan
Vedanta, a mining and metal giant, is planning to invest Rs 1 lakh crore in Rajasthan that includes renewable power, said the company’s director Priya...
Temasek in Talks for Up to $150 Million Stake in Rebel Foods
Temasek is in the final stages of discussions to lead a $100-150 million investment in Rebel Foods, the parent of Faasos and Behrouz Biryani, among...
BPEA Credit Commits Rs 250 Crore in DMW Group
Private lender BPEA Credit announced on 25 July that it had committed Rs 250 crore with a green shoe option to DMW Group, a manufacturer...
Premji Invest to Invest $50 Million in Paris-based AI Coding Startup Poolside
Premji Invest, founded by Azim Premji, might invest $50 million in the AI coding startup Poolside, which will be based in Paris. This is part...
Nykaa’s Shares Jumped after its Board Approved Unit’s $2.5 Million Investment Plan in its UAE-based Subsidiary
Shares of FSN E-Commerce Ventures Ltd, the parent firm of Nykaa, rose on Friday after the e-commerce beauty product platform announced receiving its board’s approval...
Adani Group Commits Rs 12,400-Crore Investment in Telangana
Adani Group signed agreements with the government of Telangana, committing investments of more than Rs 12,400 crore or approximately $1.5 billion through multiple businesses in...