Investing

MediaTek, the world’s 4th largest global fabless semiconductor company and a frontrunner in the R&D segment, announced significant hiring plans in FY 2022 as part of the R&D facility expansion and commitment to the India Market. With a focus on developing an innovative and comprehensive range of solutions, MediaTek is looking to hire across offices in India, with a focus on AI technologies, smart home/enterprise segments, 5G and wireless communications among others.

Suumaya Industries Ltd. (NSE Code: SUULD), an emerging diversified conglomerate group, through its 100% fully-owned subsidiary Suumaya Retail Ltd. has acquired a minority stake in the value retail chain startup Nysaa Retail Private Limited, which operates stores under the brand name 1-India Family Mart.

Independent venture capital firm Jungle Ventures has raised $225 million to invest in startups across Southeast Asia and India. Many of its existing investors have backed the VC firm in the latest round of funding, including Temasek Holdings Pte, International Finance Corp. and German development finance institution DEG.

Altius Investech, this August has raised Rs 6 Crores at post money enterprise value of INR 51 cr. The investment was raised from close associates, professionals & marquee investors. The Primary objective being, to invest in technology, increase working capital and open offices in various cities in india and abroad Kolkata based , Altius Investech is India’s leading platform for investing...

There’s no doubt that mutual funds are one of the most sought-after investment options among retail investors. This trend has significantly increased since the demonitisation in 2016. While it is hugely popular among investors, the mutual fund industry barely accounts for 10% of the gross GDP of the economy. While there are certain factors responsible for that, misconceptions and...

JSW Paints, India’s environment-friendly paints company and part of the US$ 13 billion JSW Group, has entered the Delhi market. It is offering consumers in Delhi a portfolio of 1808 water-based decorative paints for their homes. Indian Olympic Gold Medallist Neeraj Chopra flagged-off the product roll-out in Delhi during a retailers’ function organized in the city. The company is planning to establish a strong retail presence across the Delhi market by March 2022.

In the AGM held yesterday at New Delhi,IndianOil Chairman Mr.Shrikant Madhav Vaidya declared record profit of Rs 21,836 crore for the FY 2020-21.The gross refining margin (GRM) during the year rose to US$ 5.64 per barrel (bbl) as compared to US$ 0.08 per bbl in the previous financial year.  For the first quarter of this fiscal, IndianOil achieved a...

HomeLane, India's choice for on-time home interiors, plans to invest significantly in Marketing as it expands its footprint over the next year. The Company recently announced its strategic partnership and upcoming campaign with MS Dhoni.

Kolkata based More Group a Rs. 1000 Crore conglomerate has forayed into retail business for apparels with the launch of ‘SNV Shoppee’, (pronounced as Sanvie Shoppee)an organized value retail chain of stores. SNV Shoppee will operate under the newly formed company Sanvie Retail Pvt. Ltd. More Group is investing Rs 150 crore in the first phase of the launch of new entity. The company is coming up with 75 shopping outlets across various states of the country as of today.

Chartered Accountants and Lawyers show the maximum relative interest in investments towards fractional ownership of Commercial Real Estate, reveals the ‘MYRE NEO-Realty Survey’ by MYRE Capital, a neo-realty tech-enabled fractional ownership platform.