The initial public offering (IPO) market is facing uncertainties with market regulator Sebi returning several IPO documents and investment bankers and companies treading cautiously as the stock market has fallen…
Business
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FeaturedGlobal NewsInvestmentNews
Electronics Firm Elista To Invest Rs 250 Crore To Set Up Manufacturing Facility In Andhra Pradesh
by Deon Nielsenby Deon NielsenElista, an electronics and home appliance company, will set up its manufacturing plant in the Kadapa district of Andhra Pradesh. The facility will be set up with an investment of…
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EconomyFeaturedGlobal NewsInvestmentNews
Purolator Announces $1bn Investment to Electrify Canadian Network
Purolator, a Canadian courier company, has announced its plan to invest approximately $1 billion over the next seven years to electrify its Canadian network. This includes purchasing more than 3,500…
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FeaturedGlobal NewsInvestmentNews
OPEC Insists on $12.1 Trillion Investments to Fund Oil Sector
by Michael Loweby Michael LoweThe Organisation of Petroleum Exporting Countries (OPEC) has reiterated the need to pump more money into the oil sector, stressing that about $12.1 trillion investment is sacrosanct to keep the…
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EconomyFeaturedGlobal NewsInvestmentNews
OKAS Launches Second Fund for Investment in Real Estate Market
OKAS, the real estate private equity arm of the DMI Group, recently launched its second fund with a target of raising $500 million. The focus will be on delivering high-quality,…
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PORT of Tanjung Pelepas (PTP) plans to invest RM3 billion over the next five years in creating an additional 3.5 million twenty-foot equivalent units (TEUs) in capacity. It currently has…
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EconomyFeaturedGlobal NewsInvestmentNews
Unilever Announces €20 Million Investment in New Ukraine Factory
Unilever today announced it will invest €20million in a new production facility in the Kyiv region of Ukraine, to support our growing business and demonstrate our long-term commitment to the…
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BusinessEconomyFeaturedInvestmentNews
Recognise Bank Lands £25m Investment
by Michael Loweby Michael LoweAccording to Finextra, Recognise – which was fully licensed at the end of 2021 – has raised over £95m in investment to date. The company has, to date, provided £115m…
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BusinessEconomyFeaturedInvestment
Air Liquide to Invest $65m in Overhaul of China ASUs
by Joseph Kellyby Joseph KellyIndustrial gas major Air Liquide will invest around €60m ($65m) to revamp two air separation units (ASUs) in an overhaul that aims to reduce carbon dioxide (CO2) emissions linked to…
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AfricaAsiaFeaturedIndia
Morocco Sees India as a Potential Investment Partner
by Ryan Hughesby Ryan HughesMorocco continues to advance in a roadmap that aims to boost its domestic business. And to achieve this, it is not only looking within its borders. It is precisely outside…