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-...

RIL to invest Rs 5K cr in Bengal: Ambani

Kolkata: Reliance Industries Limited (RIL) is going invest Rs 5,000 crore (US$ 784.19 million) in West Bengal in businesses such as petroleum, retail and electronics, according to ...

Private capex growth to revive after FY20, says India Ratings

Mumbai: Private sector capital expenditure is expected to increase 5-8 per cent by Rs 1 trillion (US$ 15.69 billion) in 2018, higher than the 4 per cent FY13-17 average, according ...

Newgen Software Technologies IPO to open on Jan 16

New Delhi: The Initial Public Offer (IPO) of  IT firm Newgen Software Technologies will be launched on January 16 and will raise over US$ 62.76 million from the market.

Namami Gange projects worth Rs. 295 crore approved by NMCG

New Delhi: A total of five Namami Gange projects worth Rs 295.01 crore (US$ 46.54 million) have been approved by the National Mission for Clean Ganga (NMCG), of which four projects...

Three public sector banks get nod to raise Rs 2,348 crore from govt

Mumbai: Bank of Maharashtra, Central Bank of India and UCO Bank have received board approvals for raising a total of Rs 2,348 crore (US$ 370.40 million) by selling shares to the Go...

KKR committed more than US$ 500 million to real estate projects this year

New Delhi: KKR India Asset Finance Pvt Ltd has invested over US$ 500 million in residential real estate projects in India in 2017, taking its total investments in real estate proje...

Mswipe raises US$ 10 million from DSG Consumer, B Capital

Bengaluru: Mswipe Technologies Pvt Ltd, which manufactures point of sale (PoS) machines for merchants, has raised US$ 10 million in a series D funding round led by B Capital Group ...