Amara Raja Batteries is all set to invest Rs 540 crore for the deployment of advanced stamped-grid technology. This will allow the company to offer high-performance batteries to meet its customers’ present and future needs. The company termed this investment as an important milestone in the process of development of …
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USG Tech Solutions to invest in Niskarsh Properties
USG Tech Solutions has decided to enter into a Share Purchase Agreement (SPA), relate to the investment in the share capital of Niskarsh Properties. USG Tech Solutions after the shares transfer would hold 100% share capital of Niskarsh Properties. Niskarsh Properties belongs to real estate business. USG Tech Solutions is …
Read More »JSW Steel to invest Rs 350 crore to set up two pipe conveyor projects: Report
JSW Steel will reportedly invest around Rs 350 crore in order to set up two pipe conveyor projects that would transport ore from the mines to its plant in the state of Karnataka. The projects, which will be completed by the end of 2018-19, will save the company as much …
Read More »KDDL to invest up to Rs 20 crore in equity shares of Ethos
KDDL has received an approval for the investment up to Rs 20 crore in the Equity Shares of Ethos, a subsidiary of the Company by way of Preferential Allotment at a price of Rs 292 per share including a premium of Rs 282 per share (Face value of Rs 10 …
Read More »Six Global Investors to invest $1.25 billion in Bharti Airtel’s arm
Six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others have agreed to invest $1.25 billion in Bharti Airtel’s UK incorporated subsidiary — Airtel Africa, through a primary equity issuance in the company at a post money equity value of $4.4 billion. This investment demonstrates the …
Read More »Sun Pharmaceutical to invest additional Rs 200 crore in Assam plant
Sun Pharmaceutical Industries is going to invest an additional Rs 200 crore at its Assam plant to augment operations. The company has already invested Rs 700 crore in this manufacturing facility. Besides, the company has inaugurated a new production line at its facility in Palashbari. Sun Pharmaceutical Industries is the …
Read More »HCL Technologies to invest Rs 750 crore to set up two facilities in AP
HCL Technologies is going to invest Rs 750 crore to set up two facilities in Andhra Pradesh (AP). This investment will help create 7,500 jobs in 10 years. In the first phase, the company will invest Rs 400 crore to build a R&D centre in Kesarapalli village in Gannavaram, while …
Read More »Vice President invites business community of Malta to invest in India
Addressing India-Malta Business forum in Valletta yesterday evening, Mr Naidu said that transformative vision is making India one of the most favourite investment destinations in the word. He said that the Indian economy, growing at around 8%, currently is one of the fastest growing major economies of the world. Vice …
Read More »Suresh Prabhu asks pharma companies to invest in R&D
While, speaking at the Organisation of Pharmaceutical Producers of India (OPPI) Summit 2018, Suresh Prabhu urged pharma players to invest in a great amount in research & development. He added that Indian pharma players were facing problem of market access but now that has be resolved after talks with Chinese …
Read More »VinaCapital to invest US$10 million in Vietnamese real estate firm Ricons
19/8/2018 – Vietnamese asset management firm VinaCapital is investing US$10 million in Ricons Construction Investment JSC, a subsidiary of the country’s leading developer Cotec Construction Joint Stock Company (CotecCons). Fundings for the investment was made through its London Stock Exchange-listed Vietnam Opportunity Fund (VOF) and VinaCapital said, “this investment is …
Read More »Myanmar’s MTG DC to invest US$24 million in telecom tower business
8/1/2018 – Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the …
Read More »Lotte Accelerator to invest in more Vietnamese startups in 2018
5/2/2018 – Lotte Accelerator, a startup booster from South Korea is looking to expand and diversify its investment capital in the Vietnam ecosystem this year. Jin Sung Rhee, the CEO of Lotte Accelerator said, “We have completed our commitment to invest US$1 million in Vietnam’s startup ecosystem through a partnership …
Read More »PE Firm Creador to invest one-fifth of upcoming US$500 million fund in Vietnam
20/2/2018 – Creador, a private equity firm with investments in the South and Southeast Asia region is looking to invest up to 20 percent of its upcoming fund in Vietnam over the next 3 years, in addition to opening its first office in the country by June this year. “We …
Read More »Uflex planning to invest Rs 1700 crore in Uttar Pradesh
Uflex is planning to invest Rs 1700 crore in Uttar Pradesh (UP). The company has ambitious plans to substantially enhance manufacturing capacity for flexible packaging in the next few years. For seeing this through fruition from scratch to finish, the company endeavor to invest Rs 500 crore towards the project. …
Read More »Tech Mahindra to invest Rs 125 crore to create an all-green tech hub in Nagpur
Tech Mahindra will invest Rs 125 crore to create an all-green tech hub in Nagpur. This investment will create at least 2,500 jobs. Recently, the company has also won an order of supplying 150 electric sedans to the government-owned ESSL as part of the government push to an all-electric transportation …
Read More »Alankit to invest up to Rs 6.5 crore in Verasys Technologies
Alankit has received an approval for the investments up to Rs 6.5 crore in the form of Equity Shares/Preference Shares/Warrants/Convertible warrants/Debentures etc in Verasys Technologies, a company engaged in IT/ITes. Alankit can acquire up to 55% of equity shares of Verasys Technologies. After acquisition of equity shares of Verasys Technologies …
Read More »Malaysia’s Frontier Digital Venture to invest in Philippines property portal Hoppler
ASX-listed Frontier Digital Ventures, an operator of online classified businesses in frontier and emerging markets has recently placed an investment in Philippines-based property marketplace Hoppler. The investment in Hoppler is said to follow Frontier Digital’s strategy of transitioning its revenue mix to be closer to transaction and partnership with local …
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