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. ITC has business a interests … 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 submitted three reports to Sebi. … 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 Adhikari at an industral seminar … 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, state-run Global Times reported. The … 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 the next few years, in … 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 made investment in equity share … 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 to accelerate the growth of … Read more
