ADIA to buy stake in Aditya Birla Health Insurance

Once the transaction is completed, ADIA will own a 9.99% stake, ABCL will hold a 45.91% stake and MMH a 44.10% stake, respectively, in ABHI.

published on : 13th August 2022

Indian market could see sharp correction of 15 per cent 

Nifty trades at about 20 times FY23 estimated earnings, high valuation likely to cap rally

published on : 10th August 2022

Fintech funding up by three times, digital lending to grow to $515 billion by 2030, says report

 The report highlighted that in the future, co-lending will emerge as a marketplace model that supports lending partners to mitigate their risk exposure.

published on : 10th August 2022

Over 15,000 industries start operations with TS-iPASS assent

Telangana, through its flagship initiative of TS-iPASS, has attracted 19,454 industries so far, out of which 15,660 industries have already commenced their operations.

published on : 8th August 2022

Electric Vehicle segment to get boost in Andhra with 'WEFMoving India’ network initiative

As the State government plans to attract investments worth $4 billion in the EV segment, the high-level virtual meeting being organised in collaboration with the APEDB and WEF-Moving India.

published on : 5th August 2022

11 investment proposals worth Rs 2,253 crore cleared in Odisha

The proposal of Envirocare Infrasolution for setting up a DRI and pellet with beneficiation plant and ferroalloy plant entailing Rs 520 crore with job opportunities for 600 people in Sundargarh.

published on : 5th August 2022

Unemployment rate falls to six month low of 6.8 per cent 

The urban unemployment rate in the month, however, has increased to 8.21% from 7.30% in June.

published on : 4th August 2022

Indian economy’s $100 billion FDI target

More and more of what used to be called ‘the animal spirits’ of Indian enterprise are awakening.

published on : 3rd August 2022

RINL holds talks with unions on disinvestment

In reply to a query by BJP MP GVL Narasimha Rao in the Rajya Sabha, he said legitimate concerns of employees are addressed while deciding the terms and conditions of the strategic sale.

published on : 2nd August 2022

Kerala Man falls prey to fake cryptocurrency app, loses Rs 6 lakh

The related incident took place in 2021. The complainant invested Rs 6 lakh in an app named My Token which was dealing with a cryptocurrency named USDT.

published on : 1st August 2022

Widespread harassment by loan recovery agents

A reminder on how widespread harassment by recovery agents is. There have been many similar cases in Andhra Pradesh in recent times.

published on : 30th July 2022

India received highest ever FDI inflow of over Rs 6 lakh crore in FY 2021-22

FDI Equity inflow in manufacturing sectors has increased to Rs 1,58,332 crore during 2021-22 from Rs 89,766 crore in the previous year, making it an increase of 76 per cent.

published on : 29th July 2022

IKEA opens its third store in Mumbai

The company has planned an investment of Rs 6000 crore in Maharashtra and is expecting to attract close to 4 million visitors this year in Mumbai.

published on : 29th July 2022

Manufacturing sector gets USD 21 billion FDI in FY22, sees a 76 per cent increase

Singapore (27.01 per cent) and the US (17.94 per cent) have emerged as the top two investors during 2021-22 in India.

published on : 28th July 2022

From investment portfolio to education abroad: Here is how rupee depreciation impacts your money

As much as 86% of Indian imports are invoiced in dollars. Therefore, when the rupee depreciates against the US dollar, imports become costlier in rupee terms.

published on : 25th July 2022

A practical approach to wealth creation from equity

A key and practical lesson to learn from these data points is: the stock markets reward investors in the long-term. Timing the market is next to impossible.

published on : 25th July 2022

INTERVIEW| India a trusted & increasingly important partner of Canada, says envoy Mackay

He added that the trade and investment agreements between the two governments will open the doors to more business deals mutually beneficial to both countries.

published on : 22nd July 2022

Vijayawada Municipal Corporation holdstwo-day workshop on climate investment plan

The UW team also demonstrated design strategies to reduce the impact of hazards for each project.

published on : 20th July 2022

Bosch to invest over Rs 200 cr in next 5 years in India: MD Soumitra Bhattacharya

While electric vehicles will make inroads into India, Bamberger said Bosch still sees the "dominance of Internal Combustion Engine (ICE) with a share of 70 per cent to 75 per cent till 2030".

published on : 12th July 2022

Western Australia invites Indian investors in mining, energy transition, agri-food sectors 

Western Australia has in sectors like mining, energy transition, equipment technology services, agri-food, education, tourism etc.

published on : 12th July 2022
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