financial investment

Amaravati, April 11 Andhra Pradesh Municipal Minister P Narayana said on Saturday that the debts associated with the Greenfield capital city of Amaravati will not be cleared using taxes paid by the public, but by selling 5,000 acres of land.Noting that the southern state has set aside 5,000...

Jaipur, April 8 Rajasthan BJP president Madan Rathore said on Wednesday that the Pachpadra refinery project will boost economic development in the state and generate large-scale employment.He also alleged that the previous Congress government had entered into a flawed agreement for the...

New Delhi, April 6 The JITO Incubation and Innovation Foundation, an investment platform, announced on Monday that it plans to invest between Rs 80 and Rs 100 crore in early-stage startups over the next 12-18 months.The platform has invested over Rs 150 crore in more than 100 pre-seed and...

New Delhi, April 5 State-owned India Infrastructure Finance Company Ltd (IIFCL) aims to double its investment in Infrastructure Investment Trusts (InvITs) to ₹6,000 crore during the current fiscal year as part of its investment diversification strategy.IIFCL currently has investments of ₹3,000...

New Delhi, April 2 Andhra Pradesh IT Minister Nara Lokesh described Amaravati receiving legal status as the state's sole capital after the passage of the bill in Parliament as a "return home" for its people, who he said had endured four capitals and decades of political uncertainty."This is...

New Delhi, April 2 AI firm LatentView Analytics has invested USD 3 million (approximately Rs 28 crore) in Healtheon AI, a US-based AI start-up, to target the revenue cycle management vertical in the healthcare sector, the company said in a regulatory filing.The investment was made through SAFE...

New Delhi, March 30 Black Box, a digital infrastructure solutions provider and a firm within the Essar Group, announced on Monday that it had raised ₹386.36 crore through the conversion of warrants into equity shares, with promoters contributing ₹200 crore to the total investment.According to...

Guwahati, March 29 Union Home Minister Amit Shah launched a sharp attack on the Congress party during an election rally in Dhekiajuli on Sunday. He emphasized that the BJP-led governments at both the Centre and in Assam have significantly transformed the state through substantial financial...

New Delhi, March 28 Info Edge (India) Ltd will invest up to ₹250 crore in an alternative investment fund (AIF) to support early-stage deep-tech companies in the country.According to a regulatory filing, the company has entered into a contribution agreement with A88 Fund I, a scheme by...

New Delhi, March 26 Fugitive businessman Vijay Mallya, the original owner of Royal Challengers Bangalore, took a dig at critics who called it a "vanity project" after the cricket franchise was sold for almost USD 2 billion (Rs 18,776 crore).Mallya, who had bought Royal Challengers Bangalore...

New Delhi, March 24 Maruti Suzuki India announced on Tuesday that it will invest ₹10,189 crore to set up a 2.5 lakh production capacity in the first phase at its new manufacturing plant in Gujarat.The company stated that its board has approved the addition of the first phase of 2.5 lakh...

New Delhi, March 20 – Former Indian cricketer Irfan Pathan has stated that managing pressure is the key challenge for young cricketers entering the Indian Premier League (IPL), especially those with high price tags.IPL 2026 will see uncapped Indian players Prashant Veer and Kartik Sharma in...

New Delhi, March 18 Bain Capital has received approval from the RBI for joint management control of Manappuram Finance and its subsidiaries following the acquisition of a stake in the gold loan firm.Following the proposed acquisition of up to 41.66 per cent stake in Manappuram Finance, its...

New Delhi, March 18 Axis Bank announced on Wednesday that it has approved a proposal to inject ₹1,500 crore into its NBFC arm, Axis Finance Ltd (AFL), through a rights issue over the next year to fund business growth.The Acquisitions, Divestments and Merger Committee of the bank's Board of...

New Delhi, March 14 Bikaji Foods International announced on Saturday that it has invested ₹40 crore in its subsidiary, Bikaji Foods Retail Ltd (BFRL)."The company has subscribed to an additional 10,52,630 equity shares in its wholly-owned subsidiary," the company said in a regulatory filing...

New Delhi, March 11 Mufin Green Finance has raised approximately ₹324 crore through the issuance of equity shares and warrants on a preferential basis for cash consideration.In a release, the company said that it allotted 2,49,30,765 fully paid-up equity shares of face value ₹1 each at an...

Amaravati, March 4 Andhra Pradesh Health Minister Satya Kumar Yadav said on Wednesday that the government is taking steps to operate 10 medical colleges under the Public-Private Partnership (PPP) model in the next two financial years.Addressing the Assembly, Yadav observed that out of the 17...

New Delhi, February 25 NBFC firm Credent Global Finance announced on Wednesday that it has raised ₹30 crore through a Qualified Institutional Placement (QIP) to fund business growth.Institutional investors participated in the QIP, further strengthening investor confidence in Credent's evolving...

Jammu, February 24 Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday expressed gratitude to Prime Minister Narendra Modi for approving the development of the civil enclave at Srinagar International Airport, estimated to cost around ₹1,677 crore.In a post on X, the Lieutenant...

New Delhi, February 23 Reliance Industries Ltd (RIL) has significantly altered its business model roughly every decade during its nearly 48-year history as a publicly listed company. Its plan to invest $110 billion over seven years in artificial intelligence (AI), related energy supply, and the...