NEW DELHI: The 14 sectors covered under the production linked incentive (PLI) schemes have witnessed investments of Rs 1.46 lakh crore till August and the capital infusion is expected to reach Rs 2 lakh crore in the coming years, the commerce and industry ministry said on Sunday. Commerce and Industry minister Piyush Goyal has held…
CHENNAI: Investments by private equity and venture capital firms fell by $1.2 billion in March 2024 to $1.8 billion across 64 deals, as against $3 billion in March 2023. The drop has bucked the trend of increase in investments by PE-VC firms in Jan-Feb this year as compared with the year-ago periods, Venture Intelligence data…
NEW DELHI: German and some other multinational companies are concerned at Govt’s new incentive scheme to push investments into electric vehicle manufacturing, fearing that they may not get a “level-playing field” as special import duty rates would be given only to new entrants but may not be extended to existing players.German makers such as BMW,…
CHENNAI: Private equity-venture capital firms have invested in 72 deals worth $1.7 billion in Feb 2024, which is an increase by $400 million over the value of investments made in the same month last year. The Jan-Feb period this year witnessed collective investments to the tune of $4.5 billion, a jump by $1 billion when…
NEW DELHI: India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, two government sources told Reuters. This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that…
