investment

New Delhi, March 27 The initial public offering (IPO) of Sai Parenteral, a diversified pharmaceutical formulation company, was fully subscribed on the final day of bidding on Friday, thanks to investments from institutional investors.The IPO received bids for 78,80,972 shares, compared to the...

New Delhi, March 27 The government said on Friday that it has disbursed incentives worth Rs 15,554 crore so far under the production-linked incentive scheme (PLI) for the electronics sector.In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada said...

New Delhi, March 27 The government has invested ₹257.77 crore under the Electronics Development Fund in eight "Daughter funds", which in turn have provided financial support to 128 startups and companies, Parliament was informed on Friday."Daughter funds" are specialized investment vehicles or...

Mumbai, March 27 Maharashtra has the potential to become a global hub for integrated healthcare and recovery, and the government remains fully committed to strengthening the sector, advancing medical education, and supporting innovation, Chief Minister Devendra Fadnavis said on Friday.The...

New Delhi, March 27 More than ₹9,200 crore has been invested by 168 approved applicants under the production-linked incentive scheme in the food processing sector, the government said on Friday in the Rajya Sabha.In a written reply, Minister of State for Food Processing Industries Ravneet...

Lucknow, March 27 The Uttar Pradesh government has cancelled a proposed ₹25,000 crore Memorandum of Understanding (MoU) signed with Bengaluru-based startup Puch AI for developing artificial intelligence infrastructure in the state, citing the firm's lack of financial credibility.In a statement...

New Delhi, March 27 Electric motorcycle maker Ultraviolette Automotive announced on Friday that it plans to invest ₹200 crore in the first phase of capacity expansion in Karnataka.The company has proposed a five-year investment plan to expand its manufacturing footprint in Karnataka, including...

New Delhi, March 27 Silver prices rebounded by Rs 6,911 to Rs 2.26 lakh per kilogram in futures trading on Friday as investors returned to the market following a temporary pause in tensions between the US and Iran.On the Multi Commodity Exchange, the white metal for May delivery soared by Rs...

Singapore, March 27 Singapore announced plans on Friday to strengthen its position as a gold trading center, as investor interest in storing and trading the precious metal grows across the Asia-Pacific region.“Our goal is to establish high-value activities here, create good jobs for...

Washington, March 27. Senior US lawmakers and officials are pushing for deeper, more results-oriented ties with Pakistan, describing the relationship as "complex".A bipartisan symposium on Capitol Hill, hosted by Tom Suozzi and Jack Bergman on Wednesday, brought together more than 200...

Lucknow, March 26 – The Uttar Pradesh government on Thursday cancelled the MoU with Puch AI in the interest of transparency and the highest standards of integrity in governance.Invest UP stated in a post on X that, in accordance with standard protocols laid down by the State Government, the...

Lucknow/Noida, March 26 The Uttar Pradesh government on Thursday said the Noida International Airport at Jewar is set to become a "game changer" for the state's economy, with a wide-ranging impact on agriculture, industry, logistics, and employment generation.The airport, scheduled to be...

New Delhi, March 26 According to Square Yards, the average price of apartments along the Yamuna Expressway in the national capital region has tripled in the last five years, driven by infrastructure projects, including the Noida International Airport.However, the average price increase is...

New Delhi, March 26 UPI has emerged as the dominant payment method among lenders, accounting for 91.89 per cent of transactions on the platform, far surpassing net banking, IMPS, and debit cards, according to a report.Female lenders invested an average of Rs 2.5 lakh, more than four times the...

New Delhi, March 26 ELMED Life Sciences announced on Thursday that it has raised USD 2.7 million (Rs 25 crore) in Series A funding from AgriSURE Fund, an agri-focused investment fund managed by NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development...

Chennai, March 26 Closing bullion rates on Thursday.1 Gm Gold 22 Kt Rs 13,350.001 Gm Gold 18 Kt Rs 11,135.001 Gm Silver Rs 260.00

Bengaluru, March 26 Global technology company Prosus and venture capital firm Accel have announced the six startups selected for the inaugural Atoms X LeapTech cohort, a joint initiative supporting founders in building pioneering companies from day one.The cohort was selected from over 2,000...

Suva, March 26: India's High Commissioner to Fiji, Suneet Mehta, met with Fiji's Minister for Agriculture, Waterways and Sugar Industry, Tomasi Tunabuna, on Thursday. The discussions focused on strengthening bilateral cooperation in agriculture and capacity building."High Commissioner Suneet...

Hyderabad, March 26 The Telangana government has signed 44 MoUs involving investment proposals worth Rs 2.19 lakh crore, stemming from Chief Minister A Revanth Reddy's visits to the World Economic Forum in 2024 and 2025, state Minister for Industries Sridhar Babu said on Thursday.Responding to...

Chandigarh, March 25 Haryana Chief Minister Nayab Singh Saini met with Russia's Ambassador to India, Denis Alipov, on Wednesday, and highlighted the state's strengths in various sectors, including IT, automobiles, agro-processing, textiles, and manufacturing.The chief minister held detailed...