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IOC gets nod for three investment proposals

Indian Oil Corporation (IOC) has received approval for investment proposals. The first investment proposal is for City Gas Distribution projects in 7 Geographical Areas won by IndianOil in 9th Round CGD Bidding. The estimated total capital investment is of Rs 5463 crore on implementation of the CGD projects. The investment ... Read More »

Healthcare leads the way when it comes to AI investment

New research has revealed that the healthcare industry is leading the charge when it comes to the development of artificial intelligence (AI) research and applications. In its latest report, CB Insights explores the latest AI trends in healthcare and how Google, Apple and other tech giants are innovating in the ... Read More »

Chinese state-run bank launches India-dedicated investment fund

The fund, named the Industrial and Commercial Bank of China (ICBC) Credit Suisse India Market Fund, will “invest in exchange-traded funds listed on more than 20 exchanges in Europe and the US that are based on the Indian market”. It is China’s first publicly offered fund for investing in India, ... Read More »

An Phat Holdings receives US$15.6 million investment from Valuesystem

22/2/2018 – An Phat Holdings, a plastic and packaging producer in Vietnam announced yesterday that it has secured an investment of VND 353 billion (about US$15.6 million) from Korea’s asset management company Valuesystem. The funding is part of the company’s plans to raise US$200 million to support its growth over ... Read More »

Marico sells entire equity investment in Bellezimo

The company has sold back its entire equity investment in Bellezimo amounting to Rs 1.6 crore to the Promoter of Bellezimo Marico has sold back its entire equity investment in Bellezimo Professionale Products amounting to Rs 1.6 crore to the Promoter of Bellezimo. Earlier in October 2015, the company had ... Read More »

Katadata completes second phase funding with investment from EMOF, others

Indonesia’s economics and business online media firm Katadata has recently completed its second phase of funding with investment coming from Emerging Media Opportunity Fund I, L.P. (EMOF) and leading financial analyst Lin Che Wei. EMOF is managed by Media Development Investment Fund (MDIF), a New York-based non-profit organization that has ... Read More »