Posted in Investment

From SCSS to Post Office Time Deposit, safest investment options for senior citizens

With the Reserve Bank of India (RBI) continuing to cut policy rates leading to lower fixed deposit (FD) rates offered by banks, senior citizens are…

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Jungle Ventures makes undisclosed investment in BookMyShow’s Southeast Asia business

Bigtree Entertainment Singapore Pte. Ltd., which owns and operates BookMyShow SEA, announced an undisclosed investment from Singapore-based Jungle Ventures for its Southeast Asia business. With this first external fund…

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Uber strengthens India push with $250-million investment

Ride-hailing firm Uber has invested Rs 1,767 crore (around $250 million) in its India business, further committing to a market where it is going up against local…

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Are Mounting Losses Blocking SoftBank’s Investment In DailyHunt, Lenskart?

Uber and Slack’s poor performance after IPO and the WeWork setback has made 2019 a problematic year for SoftBank. With Q2 2019 resulting in a $6.4 Bn…

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China’s Foton PMI announces Rs 500 cr investment for electric bus manufacturing facility in Pune

PMI Electro Mobility Solutions Pvt Ltd (PEMSPL) has announced that it plans to invest Rs 500 crore along with its Chinese partner Beiqi Foton Motor…

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‘India needs USD 30 billion yearly investment in renewables’

Singapore: India ideally needs USD 30 billion investment per year in the renewable sector, backed by a strong regulation to preserve contract sanctity, according to a research organisation. “Today,…

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PMS industry wary of Sebi plan to raise investment limit to Rs 50 lakh

Portfolio management services (PMS) as an asset class has a great future in India and it has the potential to deliver better if positioned properly,…

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Trump officials play down reports of China investment limits

The Trump administration has issued a partial — and qualified — denial to the revelation that it is discussing imposing limits on US investments in Chinese companies and financial…

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Lee Fixel sets sights on Indian startups again, may invest $1 billion

Mumbai/Bengaluru: Lee Fixel, the former Tiger Global executive responsible for the firm’s most lucrative India investments, is set to return to his favourite stomping ground as…

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OPIC approves $185 mn in financing for Cholamandalam Investment

The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has approved a loan guaranty of $185 million (Rs 1,316 crore)…

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