Tag Archives: investment

Future Lifestyle Fashions rises 2% on increasing FPI investment limit

Shares of Future Lifestyle Fashions added 2.7 percent intraday Monday after increasing FPIs investment limit. The company has increased the Foreign Portfolio Investors (FPIs) investment limit from 24 percent to 49 percent of the paid-up capital of the company. At 10:13 hrs Future Lifestyle Fashions was quoting at Rs 398.10, up Rs 9.15, or 2.35 percent.  The share touched its 52-week high ... Read More »

Oman India Joint Investment Fund backs NBFC Annapurna Finance

Bhubaneswar-based non-banking financial company (NBFC) Annapurna Finance Pvt. Ltd has raised Rs 155 crore ($23 million) from mid-market private equity firm Oman India Joint Investment Fund (OIJIF). OIJIF is a joint venture of Oman’s State General Reserve Fund and State Bank of India. The firm said in a statement that the infusion was part of OIJIF’s commitment to invest Rs ... Read More »

Buy Cholamandalam Investment & Finance Company, target Rs 1,485: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Cholamandalam Investment & Finance Company with a target price of Rs 1,485. The current market price of Cholamandalam Investment & Finance Company is Rs 1,417.10. Time period given by the analyst is ‘Intra Day’ when Cholamandalam Investment & Finance Company price can reach defined target. Manas Jaiswal recommended to keep a stop ... Read More »

Google Eyes Chinese E-Sports Market With $120 Million Investment in Chushou

HIGHLIGHTS Google will help the firm expand to overseas markets The companies did not reveal the size of Google’s stake The investment is Google’s second-ever in a Chinese startup Alphabet’s Google has led a $120 million (roughly Rs. 760 crores) investment in Chinese live-stream mobile game platform Chushou, the two companies said on Friday, as the US firm eyes new inroads to China ... Read More »

Irish foreign investment head sees firms’ Brexit decisions starting in Second quarter

Companies considering quitting Britain due to its departure from the EU are likely to start making investment decisions from the second quarter, the head of the agency competing to win foreign business for Ireland said on Tuesday. Industrial Development Agency Ireland has already fielded Brexit-related enquiries from more than 100 firms, a lot of which have progressed to site visits, ... Read More »