Tag: Investment

Bhubaneswar: Odisha government has accorded in-principle approval for investment of Rs 26,000 crore which will provide employment opportunities to 17,500 people, official sources said. While the State Level Single Window Clearance Committee headed by Chief Secretary A P Padhi today accorded approval for 14 different projects worth investment of Rs 25,474 crore, the same committee […]

Indian Prime Minister Narendra Modi today said the state should be driven by policies which should be consistent so as to draw more investments

Bhubaneswar: Only three companies have so far have commenced production since the first Make in Odisha conclave held two years back. According to the State government, as many as 124 industries gave proposals during the event held in 2016 out of which foundation stones have been laid only for 64. Interestingly, 15 out of these […]

San Francisco: Google will invest $13 billion in building new data centres and offices in over a dozen states in the US in 2019, the company’s CEO Sundar Pichai has said. In a blog post late on Wednesday, Pichai said the investment would create tens of thousands of new jobs. “Last year, we hired more […]

Mumbai: Sensex ended above the psychological mark of 39,000 after it gained sharply during the end of the trade session on Wednesday, closing with a 489 points gain. Except for the auto company stocks, all the other stocks, led by oil and gas, closed higher. The benchmark Sensex finished 489.80 points or 1.27 per cent […]

Mumbai: Private equity funds in India invested $26.3 billion across 793 deals during 2018, a report said on Tuesday. According to Bain & Company’s ‘2019 India Private Equity Report’, consumer tech and banking, financial services and insurance (BFSI) remained the largest industry sectors for investment by value. “While consumer tech investment was still large at $7 […]

New Delhi: Hospitality unicorn OYO’s valuation has almost doubled in a year, reaching $10 billion between September 2018 and October 2019, despite significant losses in the financial year ending on March 31. The losses have reportedly mounted due to the rise in operating expenses fuelled by the company’s aggressive expansion in overseas markets. The provisional […]

Washington: US President Donald Trump has confirmed that his administration has asked for the withdrawal of billions of dollars in American pension fund investments in China and that other similar actions are under consideration. The US and China relations have deteriorated after the coronavirus outbreak. The US has expressed disappointment over Beijing’s handling of the […]

New Delhi: Google CEO Sundar Pichai on Monday announced a Google for India digitisation fund through which, the company will invest Rs 75,000 crore or approximately $10 billion over the next five to seven years to help India go digital. “We will do this through a mix of equity investment, partnerships and an operational infrastructure […]