Investment

Rs 75,000 Crore Invested For Infrastructure Development In Mumbai: Piyush Goyal

Mumbai News | Press Trust of India | Saturday January 19, 2019

Union minister Piyush Goyal claimed Saturday that the Prime Minister Narendra Modi-led government at the Centre has invested Rs 75,000 crore for infrastructure development in Mumbai so far.

Aditya Birla Group To Invest Rs 15,000 Crore In Gujarat In 3 Years

Business | Press Trust of India | Friday January 18, 2019

The group will be making these investments in various business segments ranging from textiles and chemicals to mining and minerals.

Adani Group Announces Rs 55,000 Crore Investment In Gujarat In 5 years

Business | Press Trust of India | Friday January 18, 2019

Adani Group had on Thursday announced plans to foray into petrochemical business with a Rs 16,000 crore project with German chemical major BASF.

Reliance Industries Io Invest Rs 3 Lakh Crore In Gujarat In 10 Years: Mukesh Ambani

Business | Press Trust of India | Friday January 18, 2019

Billionaire Mukesh Ambani said Jio and Reliance Retail will launch a commerce platform to empower 12 lakh small retailers and shopkeepers in Gujarat.

Continental Breaks Ground For Greenfield Plant Near Pune

CarAndBike Team | Friday January 18, 2019

Continental today celebrated the groundbreaking of its greenfield plant in Talegaon, Pune, dedicated to its powertrain business. The company plans to invest around 30 million euros (Rs. 240 crores) in infrastructure and buildings until 2020. The construction phase has already been initiated. Production scheduled to start at the factory by early 202...

Slack's Chief Product Officer April Underwood to Step Down

Reuters | Friday January 18, 2019

Underwood is leaving to spend more time working at #Angels, an investing group she co-founded three months before joining Slack in 201.

Mahindra Strengthens Its Position In SsangYong

CarAndBike Team | Thursday January 17, 2019

Mahindra & Mahindra has increased its stake in its partnership with SsangYong, the company has informed in a BSE (Bombay Stock Exchange) filing. Responding to the offer given by the Korean carmaker to increase its shareholding in the company, Mahindra has further invested 50 billion KRW (around Rs. 316.5 crore) in SsangYong subscribing to 1,18,90,6...

India's E-Commerce Curbs Could Hit Online Sales by $46 billion by 2022: PwC

Reuters | Thursday January 17, 2019

India's new foreign investment restrictions for its e-commerce sector could reduce online sales by $46 billion by 2022, according to a draft analysis from global consultants PwC.

Microsoft’s Venture Fund M12 Funds Innovaccer, Its First Investment in India

Gadgets 360 Staff | Wednesday January 16, 2019

Microsoft’s corporate venture fund is leading a series-B round in Innovaccer, a healthcare data platform company.

Uber Calls on Europe to Step Up Investment in Public Transport

Natalia Drozdiak, Blooomberg | Wednesday January 16, 2019

Uber is making a new pitch to European officials: invest in public transportation.

Facebook Says Will Invest $300 Million to Help Local News Survive

Reuters | Tuesday January 15, 2019

Facebook will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide.

Facebook To Invest $300 Million To Help Local News Survive

World News | Reuters | Tuesday January 15, 2019

Facebook Inc will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide.

Google Partners Automattic, WordPress to Create 'Newspack' Publishing Platform for Local News Publishers

Indo-Asian News Service | Tuesday January 15, 2019

Newspack is a fast, secure, low-cost publishing system tailor-made to the needs of small newsrooms, Google said in a statement on Monday.

Volkswagen To Invest $800 Million, Build New Electric Vehicle In U.S.

Reuters | Tuesday January 15, 2019

Both Ford and VW face mounting costs for developing electric and autonomous vehicles. Diess told reporters that VW could shoulder its ambitious $91 billion electrification plan on its own but was open to partnerships to increase economies of scale.

Flipkart Co-Founder Sachin Bansal Invests Rs. 650 Crore In Ola: Report

Business | NDTV Profit Team | Monday January 14, 2019

Flipkart co-founder Sachin Bansal has pumped in about Rs 650 crore in ride-hailing platform Ola, news agency Press Trust of India reported, quoting documents filed with the Corporate Affairs Ministry. The investment from Mr Bansal comes as Ola is locked in a battle for market leadership with US-based rival Uber in India and other markets such as Au...