Industry promises Rs 39,000-cr investment at Bengal Global Business Summit

Kolkata: Investments worth more than Rs 39,050 crore (US$ 5.48 billion) were committed by various companies on the first day of Bengal Global Business Summit 2019.

Mutual funds collection via SIP up 40% to Rs 7,727cr in Sept amid volatile mkts

New Delhi: Mutual funds in India collected Rs 7,727 crore (US$ 1.05 billion) through Systematic Investment Plans (SIPs) in September 2018, showing a year-on-year growth of 40 per c...

Mutual fund inflow rises 43% to Rs 1.4 lakh cr in Q1: Amfi

New Delhi: Mutual fund investments have increased by 43 per cent year-on-year to reach Rs 1.4 trillion (US$ 20.39 billion) in April-June quarter 2018.

Kedaara and Partners set to acquire Vishal Mega Mart

New Delhi: Vishal Mega Mart is soon going to be acquired by Kedaara Capital and Switzerland-based Partners Group for a consideration of Rs 5,000 crore (US$ 735.75 million).

M&As hit a high in 2017, value down

Chennai: Number of M&A deals in India increased 14 per cent year-on-year to 1,022 in 2017, driven by market expansion, digital disruption and sector convergence, according to E...

Sebi looks to boost startup funding, plans to ease rules for angel funds

New Delhi: Securities Exchange Board of India has planned to increase the maximum investment by angel funds to Rs 10 crore (US$ 651.33 million) which will increase venture capital ...

UP investors summit: RIL to invest Rs10,000 crore over next 3 years, says Mukesh Ambani

Mumbai: During the Uttar Pradesh Investors’ Summit on February 21, 2018, Reliance Industries Ltd (RIL) has announced its plans to invest Rs 10,000 crore (US$ 1.54 billion) in...

Maharashtra clears Rs5,000 crore investment in start-up sector

Mumbai: The Government of Maharashtra approved a Maharashtra State Innovation and Start-up Policy with a target of investment worth Rs 5,000 crore (US$ 781.5 million) in the start-...