Tag Archives: invest

Tata Communications to invest $100 million on Internet of Things

Tata Communications Ltd is set to invest about USD 100 million in the the Internet of Things (IoT), a digital space the company is betting big on in the next few years. IoT is a serious business and will become a significant revenue line for the firm going forward, Tata Communications Senior Vice President and Head, Internet of Things, VS Shridhar ... Read More »

UK’s CDC Group likely to invest over Rs100 crore in Veritas Finance

D. Arulmany, managing director and chief executive of Veritas. Mumbai: CDC Group Plc, the UK government’s development finance institution, is in advanced talks to invest over Rs100 crore in Veritas Finance Pvt. Ltd, which lends to micro and small enterprises, said two people aware of the development. Chennai-based Veritas Finance was registered as a non-banking financial company (NBFC) by the Reserve ... Read More »

Delhi: AAP government to invest more on research

The scheme was started by the state education department under the theme ‘matching the fund’ in a bid to encourage corporate partnership with institutions and for the government to equally maintain proportion of funds that institutions procure from either donations or corporate. Manish Sisodia RELATED STORIES JNU: Academic registration finally allowed for 9 suspended students Several colleges in Maharashtra including ... Read More »

Daimler to invest $11 billion for development of electric vehicle

The dieselgate scandal by Volkswagen has resulted in a shifting trend amongst the German manufacturers for working towards the development of electric vehicles in their forthcoming car line-up. The latest entrant to this fray for electrification is Daimler, the parent company of Mercedes-Benz, who have revealed that they will invest up to $11 billion (approx. Rs 7000 crore) into the ... Read More »