Investment | The Asian Age

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The company did not disclose investment details

Paytm invests in bus ticketing software provider Infinity

Paytm entered the online bus ticketing space in 2015 and currently offers bus tickets across more than 62,000 routes.

03 Dec 2019 7:27 PM

The government had been encouraging rich Saudis to invest, promoting such investment as a patriotic duty, particularly after Aramco’s oil facilities were attacked in September.

Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi banks have been offering citizens easy loans to bid for shares in Aramco.

30 Nov 2019 12:03 PM

In July, the board of Sebi has approved a proposal to rationalise the framework for issuance of P-notes. (Photo: DC)

Investments via P-notes rise in Oct after registering fall for 4 months

The total value of investments via P-notes in the Indian markets rose to Rs 76,773 crore till the end of October.

22 Nov 2019 1:13 PM

Indian Startups, Global Footprint’, the 4th edition of the Summit empowered Indian innovators to create value at a global scale.

India is the most important market for us, leading Chinese investors

TiE Global launched TiE Women at day 2 of TGS; raised USD 70,000 to support women entrepreneurs across 61 chapters globally.

22 Nov 2019 11:31 AM

Bezos' remarks came in response to a question on Amazon's concerns over some Indian policies with regard to digitisation. (Representational image/ Photo: AFP)

Amazon doing extremely well in India: Jeff Bezos

Bezos had committed investment worth USD 5 billion in the Indian market in 2016.

18 Nov 2019 11:12 AM

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Saudi Aramco in race for IPO record with USD 1.7 trillion top value

Aramco cannot sell its shares directly to investors in the United States and other markets, as the IPO will be restricted to Saudis.

18 Nov 2019 9:20 AM

Kotecha declined to comment on reports that Uber was looking at selling off the food delivery business in India, and was in discussions with multiple companies.

Uber Eats focuses on aggressive expansion in India

The company has added thousands of restaurant partners across the 44 cities it operates in here.

16 Nov 2019 11:26 AM

Real estate companies from three cities, Mumbai, Bengaluru and Hyderabad, have approached to avail bailout fund.

4 real estate cos from three cities requests to avail bailout fund: FM

The government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects.

16 Nov 2019 11:11 AM

In the previous week, the reserves surged by USD 3.515 billion to reach USD 446.098 billion.

Forex kitty continues to swell, touches a new high of USD 448 billion

The country's reserve position with the IMF also decreased by USD 17 million to USD 3.630 billion, the data showed.

16 Nov 2019 10:33 AM

The company runs on an asset-light model to fund scooters and uses scooters indigenously made by Indian electric manufacturers.

IAN Fund empowers connected shared mobility in India; invests Rs 15 cr in e-scooter

The start-up leverages its fleet of IoT-powered electric scooters to make commute convenient, affordable, and eco-friendly.

15 Nov 2019 3:53 PM

Prime Minister Narendra Modi. (Photo: File)

PM Modi says wants to make India a USD 5 trillion economy by 2024

BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade costs, says PM.

14 Nov 2019 9:33 AM

The deal will strengthen the partnership between the two companies, helping to accelerate FCG's ranking to one of the top five car marketplaces worldwide.

OLX Group to invest up to USD 400 mn in FCG

OLX Group's new investment of up to USD 400 million comprises a primary injection of capital in FCG.

12 Nov 2019 9:53 AM

The company will focus on artificial intelligence-based technology and big data solutions for new innovations that can generate large scale employment.

Paytm plans to invest Rs 500 crore in tech start-ups

The company said it expects to employ technology across the growing internet to become the dominant player in AI.

11 Nov 2019 2:55 PM

Ind-Ra has rated bonds of UPPCL totalling Rs 19,989 crore which were raised during FY17 and FY18. (Photo: ANI)

Provident fund investment issues to impact UPPCL financials: Ind-Ra

UPPCL has been stepping it up to meet the enhanced principal repayment obligation as and when required.

11 Nov 2019 10:58 AM

Ministry of Commerce & Industry said said the exhibition is an attempt towards enhancing Indian services bar in the global arena by exploring 12 champion services sectors, encompassing participation from 100 countries and hosting sector specific knowledge sessions.

Services exhibition to be held from Nov 26-28 in Bengaluru to attract investment

The 5th edition of GES 2019 is being held from November 26-28 in Bengaluru, Karnataka, the release said.

10 Nov 2019 7:12 PM

The reserves had increased by USD 1.832 billion to USD 442.583 billion. (Photo: PTI)

Forex reserves soar USD 3.5 bn to new lifetime high of USD 446.09 bn

The country's reserve position with the Fund also increased by USD 10 million to USD 3.648 billion, the data showed.

09 Nov 2019 12:30 PM

Fund managers attributed growth in the asset base to higher retail participation and robust inflows in equity schemes and liquid funds.

Mutual fund AUM rises 7.4 per cent to Rs 26.33 lakh crore in October

Mutual fund houses witnessed an overall inflow of Rs 1.33 lakh cr last month after witnessing a redemption of Rs 1.52 lakh cr in Sept.

08 Nov 2019 2:03 PM

IndiGo has about 40 per cent share of the domestic Indian market, is planning an aggressive push into more international destinations.

IndiGo, Qatar Airways to announce strategic deal

Qatar has in the past shown interest in investing in IndiGo but the Indian airline has resisted.

05 Nov 2019 2:49 PM

The company will spend the next 10 days talking to investors and sounding out their interest and the price range will follow.

Saudi Aramco kick-starts what could be world's biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

04 Nov 2019 9:24 AM

Ambani says slowdown in India temporary, reforms undertaken to reverse trend

The govt has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.

29 Oct 2019 5:55 PM

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Mohan Guruswamy