Tag Archives: Investment

Ideas for Profit | Future Supply Chain: A lucrative investment opportunity

Logistics companies has been on an uptrend after the introduction of sectoral reforms in the past couple of years. Future Supply Chain Solutions (FSCS), the third-party logistics provider, has been on an aggressive expansion spree in the past one-year and the reported another strong result in Q3 FY19. Earnings are anticipated to gain further traction as the company has a strong revenue pipeline ... Read More »

Future of renewable energy: Sunny investment climate for solar technology in India

On May 12, 2017, India recorded its lowest-ever solar tariff of Rs 2.44/unit of electricity. That is a 73% fall since 2010, and compares favourably with India’s cheapest power source–coal, electricity from which now ranges between Rs 3/unit and Rs 5/unit. The new low solar cost was announced at a reverse auction–in which the role of buyer and seller is reversed and the seller with the ... Read More »

Apple’s Request for Investment Incentives Will Be Considered With ‘Open Mind’: Ravi Shankar Prasad

India will consider Apple’s request for incentives to invest in the country with an “open mind”, Information Technology Minister Ravi Shankar Prasad told reporters on Wednesday. “We will very much like Apple to come and have a base in India,” Prasad said. Apple has sent a list of demands to the Indian government, seeking tax concessions and several other policy ... Read More »

Dual Camera Maker Corephotonics Receives $15 Million Investment From Samsung, Foxconn, Others

Israeli firm Corephotonics, specialised in making dual camera setups for smartphones, has managed to raise a whopping $15 million in a funding round. The biggest investors in the company include Foxconn, Samsung, and MediaTek. The investment is significant as it indicates the importance being placed on dual camera setups, seen in such smartphones as the iPhone 7 Plus and the ... Read More »

LeEco Gets Fresh $2.18 Billion Investment From Property Developer Sunac

Chinese technology conglomerate LeEco has secured a new round of investment worth CNY 15.04 billion ($2.2 billion or roughly Rs. 14,856 crores) from property developer Sunac China Holdings, according to a stock exchange statement made by Sunac on Friday. Last year LeEco’s founder and chairman Jia Yueting said that his company was facing financial obstacles due to the rapid pace ... Read More »

Apple Can Sell iPhone 7 in Indonesia Only After R&D Investment Commitment

Apple Inc has committed to invest around $44 million (roughly Rs. 298 crores) in a research and development center in Indonesia over the next three years, a senior government official said, enabling it to start selling its latest iPhone 7 in the Southeast Asian nation. Indonesia, a promising smartphone market where Apple has trailed some rivals, has stipulated that starting ... Read More »

No Proposal To Hike EPFO Investment In ETFs: Bandaru Dattatreya

New Delhi: Retirement fund body EPFO is not considering any proposal to increase investments in Exchange Trade Funds (ETFs), Parliament was informed on Monday. “The Central Board of Trustees (CBT), Employees’ Provident Fund (EPF) has approved investment of only 5 per cent in ETFs. At present, there is no proposal under consideration of the government to enhance this limit,” Labour ... Read More »

Jolla Secures extra investment to broaden and License Sailfish OS

Jolla, the Finnish cell company and developer of open mobile working machine Sailfish OS, introduced that it has secured $12 million (more or less Rs. 79 crores) in new financing to strengthen its OS licensing commercial enterprise, following its ultimate fund-increase in December 2015 . Powered with the aid of its new investments, the startup stated it’s going to continue ... Read More »

Apple Exploring Investment Options in India: Ravi Shankar Prasad

Technology giant Apple and other global players are exploring opportunities to invest in India’s electronic segment, which has attracted investments of over Rs. 1,20,000 crores so far, Telecom Minister Ravi Shankar Prasad said on Monday. “When I became minister, we had Rs. 11,198 crores of investments in electronic manufacturing. I am happy to tell you, now it is Rs. 1,20,000 ... Read More »

Apple Exploring Investment Options in India: Ravi Shankar Prasad

Technology giant Apple and other global players are exploring opportunities to invest in India’s electronic segment, which has attracted investments of over Rs. 1,20,000 crores so far, Telecom Minister Ravi Shankar Prasad said on Monday. “When I became minister, we had Rs. 11,198 crores of investments in electronic manufacturing. I am happy to tell you, now it is Rs. 1,20,000 ... Read More »