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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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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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Belly Dancers At Pak Investment Meet; “Naya Pakistan Way,” Sneers Twitter

Belly dancers were seen performing at the Khyber Pakhtunkhwa Investment Opportunities Conference. ISLAMABAD:  In yet another desperate attempt to revive its crumbling economy, Pakistan’s Sarhad…

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Apple Outlines INR 1K Cr Investment To Establish Retail Presence In India

Apple plans to invest INR 1,000 Cr in India to set up its first online retail platform and open three company-owned stores across major cities…

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Govt mulls scrapping cap on foreign investment in coal mining

Other proposals under consideration include raising investment limits in digital media and easing rules for retailers selling a single brand The Centre has moved a…

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