Tag Archives: investment

Eastern Treads has received an approval for investment in Shipnext Solutions. The company is proposing to acquire 55% of its shareholding (14,41,550 number) of the equity shares at the agreed price of Rs 0.18 per share, amounting to Rs 2.59 lakhs. The Board of Directors of the company in their ... Read More »

Nettlinx is set to partner with Japanese Investment firms – Takara Leben Company and Kuni Umi Asset Management Company. Both the Japanese companies plan to jointly invest up to 30% of equity in the SVGreen ‘12 MW WTE Power plant’ and are considering follow-up investments in other Nettlinx Green Energy ... Read More »

Gujarat Fluorochemicals has approved making of an investment by way of subscription up to 64,00,000 Equity Shares of INOX Leisure, a subsidiary company of the company, at a price determined in accordance with requirements of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 or any amendments thereto. Gujarat Fluorochemicals ... Read More »

CEAT has now made an investment of second & last tranche by subscribing to 12,741 Compulsorily Convertible Preference Shares, having face value of Rs 1 each summing up to an approximate amount of Rs 3,00,00,000 and thereby acquiring 6.67% of the total share capital of Tyresnmore Online (Target Company). With ... Read More »

TCI Finance has received an approval for the sale of investment of subsidiary company. Divestment of 100% equity investment held by the company in Itag Business Solutions (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions shall cease to be a subsidiary of the company. The Board ... Read More »

Greaves Cotton has completed the first phase of investment i.e. 67% of the equity shareholding in Ampere Vehicles on October 23, 2018, as a result of which Ampere Vehicles has become a subsidiary of the company. Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in ... Read More »

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 »

ITC’s investment in Uttarakhand has crossed an outlay of Rs 1,400 crore over the years. The company hopes to scale this up, given the future potential of the state. The company has an expanding presence in the state across all three sectors of its economy – agriculture, manufacturing and service. ... Read More »

Addressing the BRICS Outreach Session in Johannesburg, Prime Minister  Modi called for more investment in the digital infrastructure and skill development in the area of digitisation. “Today we are once again at the historic turning point. Thanks to digital revolution, new opportunities are emerging for us and that is the ... Read More »

Union Home Minister Rajnath Singh has said that structural and procedural reforms in the policies resulted into great improvement in Country’s economy and India has emerged as the fastest growing economy in the world. Addressing the 3 -day National Trade Conclave in New Delhi, Rajnath Singh said that India will ... Read More »

Trade and commerce Minister Suresh Prabhu met with his Korean counterpart Kim Hyun Chong over the breakfast on Monday.  Both the leaders also agreed on three MoUs related to strengthening the current trade ties, remedy for better trade balance and also establishing a group for future trade engagements. Read More »

The Alternative Investment Policy Advisory Committee is chaired by Infosys Founder N R Narayana Murthy, as per the latest update with the markets watchdog. The regulator had constituted the committee in March 2015 with the mandate to prepare a new regulatory framework for alternative investments. So far, the panel has ... Read More »

Haldia (West Bengal) : More than Rs 50,000 crores have so far been invested in this small industrial and port town of East Midnapore district during the past few years by private investors for an all round growth.This was stated by West Bengal Transport minister and Chairman,Haldia Development Authority Suvendu ... Read More »

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 »

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 »

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 »

Singapore-headquartered CMIA Capital Partners has led an initial investment round in WatchBox, an international ecommerce platform for the trading of luxury pre-owned timepieces. Financial terms of the round was undisclosed but according to details in a media release, CMIA has earmarked US$100 million over the next 18 months in order ... Read More »

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 »