Tag: Investment

Business

Industries in Delhi urge shift from leasehold to freehold to boost India’s USD 5 Trillion economy goal by 2025

Oct 1, 2024 by Sujata Muguda 0 Comments #BUSINESS, #Business Growth, #Competitiveness, #Credit, #DDA, #Delhi Chapter of Indian Industries Association (IIA), #Dr. Mamta, #DSIIDC, #Economic Impact, #industries, #Investment, #Job Creation

Delhi, October 1st, 2024: The Executive Committee of Delhi Chapter of Indian Industries Association (IIA) held a meeting at the Jhandewalan Headquarters on September 30th, where members urged the Delhi Government, the Lieutenant Governor (LG) of Delhi, and the Union Government of India to implement a freehold policy for industrial units in Delhi.

IIA

 

 

Dr. Mamta, Chairperson of the Delhi Chapter, shared that Delhi has 29 notified industrial areas. While a scheme was introduced in 2005 to convert leasehold industrial properties to freehold, only a few have benefited from this. Government bodies like the DDA, DSIIDC, and the Industry Department have selectively applied this policy, leaving many industrial units without freehold status.

Dr. Mamta stressed that moving from leasehold to freehold is vital for unlocking the economic potential of these areas. This would attract more investments and help India achieve its $5 trillion economy target by 2025.

Main Points of the Appeal:

Business Growth: Freehold ownership would give industrial units more freedom to grow, innovate, and invest in new technologies, without the restrictions of lease agreements.

Increased Investment and Access to Credit: Freehold properties are considered more valuable by banks, making it easier for businesses to get loans and attract investors. This is crucial for supporting India’s economic development.

Enhanced Competitiveness: Industrial units in Delhi would be able to compete better with those in other regions that already have freehold status, leading to greater productivity and innovation.

Job Creation and Economic Impact: A freehold policy would lead to the expansion of industrial activities, creating jobs and developing new industrial hubs, all of which are important for reaching the $5 trillion economy goal.

Dr. Mamta urged that this policy should apply to all industrial units in Delhi, not just a few. If fully implemented, this would empower businesses to contribute more effectively to the economy and support India’s vision of becoming a $5 trillion economy by 2025.

Delhi’s industrial sector plays a key role in the state’s Gross State Domestic Product (GSDP) of $130 billion. By implementing a freehold policy, business operations would become easier, attracting more investments both from within India and abroad.

Industries in Delhi believe that this change would help support the government’s “Ease of Doing Business” initiative and boost economic growth.

News

Investments in developmental assets set to surge as India marches towards USD 5 Trillion economy

Jun 7, 2024 by Mansi Praharaj 0 Comments #Asia Pacific, #India marches, #Investment, #Piyush Gupta, #Vimal Nadar

Mumbai, 7th June, 2024  – Four of the top five global cross-border capital destinations for land and development site investments in the first quarter of 2024 were in Asia Pacific, according to a new report from Colliers. The report, Asia Pacific Global Capital Flows May 2024, listed China, Singapore, Australia and India within the top five destinations globally for cross-border capital investment in land/development sites in Q1 2024.

In India, the institutional investors are largely drawn to completed and pre-leased income-yielding assets due to their ability to provide immediate & steady returns, low risk profile, compliance assurance and lesser exit-related hassles. However, with majority of the large Grade A projects being already funded, investors are also forging partnerships with local developers and investors, in developmental assets spanning across office, residential and industrial segments. The inflow in developmental assets (mainly in the form of platform deals) includes investments in various phases of developmental activity including land acquisition and asset development, etc.

The inflow into developmental assets includes investments directed toward creating new assets from the ground up. These investments span various phases of development, including the formation of platforms, land acquisition, and construction.

Select transactions in developmental assets (in 2023–Q1 2024):

Quarter/Year Investor Investee Deal Value (in USD million) City Asset Class
Q2 2023 CPPIB RMZ Corp 324.2 Mumbai Office
Q4 2023 Alta Capital Goldman Sachs & Warburg Pincus 320.0 Others/Multi City Alternatives
Q3 2023 HDFC Capital Advisors The house of Abhinandan Lodha 182.0 Others/Multi City Residential
Q1 2023 PAG Credit & Markets M3M 180.9 Delhi NCR Residential
Q1 2024 Ivanhoe Cambridge+LOGOS   132.3 Pune Industrial & Warehousing

Over the last decade, institutional investments across various asset classes in real estate sector have seen promising inflows, bolstered by a wave of infrastructure investments and comprehensive economic reforms. Persistent economic growth, strong demand fundamentals and optimistic business outlook in India relative to its global peers, have enhanced global institutional investor confidence in exploring multiple avenues for investments in India.

“Foreign investors continue to exhibit confidence in India’s real estate sector, infusing USD 3.6 Billion during 2023, driving 67% of the total inflows. The momentum continued in Q1 2024 as well, with foreign investors driving over 55% of the investment inflows at USD0.5 Billion. Their sustained preference for ready assets continues, evident from the 73% investment inflows in such assets during Q1 2024. Simultaneously, India also presents abundant opportunities for investment in developmental sites as the real estate sector is set to reach USD 1 trillion by 2030, accounting for 13-15% of India’s GDP. The preference towards developmental as well as ready to move quality office assets will continue, with visible emphasis on sustainability. The Capital in Indian Real Estate is getting more diversified to sectors such as Residential, Logistics, Alternatives, Credit.” said Piyush Gupta, Managing Director, Capital Markets & Investment Services at Colliers India.

With the GDP set to cross USD 5 trillion soon, India offers burgeoning opportunities for real estate investment, both in ready assets and developmental sites. The real estate growth is likely to extend beyond the top 6 cities, covering multiple smaller cities across the country, backed by infrastructure advancements, increased digital penetration and supportive regulatory framework in these cities, offering an array of opportunities for the investors.

“This is an opportune time for investors to invest in developmental projects in India’s real estate sector backed by stable economic conditions. The past two years have witnessed significant investments in land, particularly for residential projects, with prominent real estate developers keen to strategically acquire large contiguous land parcels. Institutional investments in residential segment, meanwhile have also witnessed a 20% YoY rise during 2023, at USD 0.8 Billion. With robust residential sales momentum across cities, this trend is expected to continue, making it an opportune moment to capitalize on greenfield development opportunities especially in residential real estate,” said Vimal Nadar, Senior Director & Head of Research, Colliers India.

Select land deals (in 2023–Q1 2024):

Quarter/Year Investor Investee Deal Value (in USD million) City Asset Class
Q1 2023 PAG Credit & Markets M3M  180.9 Delhi NCR Residential
Q1 2024 Cholamandalam Investment and Finance Company Limited DLF  88.8 Chennai Mixed use
Q4 2023 ESR Group    54.0 Others/ Multi City Industrial & Warehousing

Chris Pilgrim, Colliers’ Managing Director of Global Capital Markets in Asia Pacific, said “APAC continues to show strong growth with stable forecasts, a factor that is driving the strength of the land and development market in particular. More broadly, investor confidence is returning both in terms of deploying capital and the belief that some economic headwinds have stabilized or are now factored into risk adjusted returns. Strong demand fundamentals are also driving significant investor interest in India, where office assets remain at the core, while industrial and residential assets are seeing heightened activity.”

Entertainment

Lights, Camera, Action! Join Short Film Contest on Financial Literacy

May 28, 2024 by Mansi Praharaj 0 Comments #digital transactions, #Dr. Mani Pavitra, #Filmmakers, #Finance Mentor, #Financial Literacy, #IKEA Founder;, #Ingvar Kamprad, #Investment, #middle-class money problems, #money and emotional connect, #money saved is money earned, #multiplying, #Narayan Murthy, #piggy bank and savings, #plastic money, #rags to riches, #saving culture, #Short Film, #Short Film Competition, #Short Film Contest on Financial Literacy, #The Fortune Academy, #Warren Buffet, #women and need for financial literacy

Hyderabad, May 28, 2024…..….. Entries for the Short Film Contest on Financial Literacy are invited. The Fortune Academy, a Hyderabad-based organisation aims to create an army of financially successful people. To create awareness about the importance of Financial Literacy, The Fortune Academy is organizing a Short Film Contest on Financial Literacy, shared Dr Mani Pavitra, co-founder of Fortune Academy while addressing a press conference at Federation House in Red Hills on Tuesday.

DR MANI PAVITRA WHO IS ALSO KNOWN AS DR MONEY PAVITRA SEEN ADDRESSING AT A PRESS CONFERENCE ABOUT FINANCIAL LITERACY 03

Though 77% of our population is literate, less than 24% is financially literate. Just 17% of teenagers are financially literate in India. According to a Global Financial Literacy Survey, which is the world’s largest and most comprehensive global measurement of financial literacy, India ranks 73rd out of 144 countries with a financial literacy rate of 24%. The majority of Indians face many financial difficulties due to a lack of financial knowledge and awareness.

Financial literacy is the ability to understand and effectively use various financial skills, such as personal financial management, budgeting, and investing, Dr Mani Pavitra, who is widely known as ‘Money’ Pavitra.

Dr. Mani Pavitra, Orthodontist turned Finance Mentor, Co-Founder of Fortune Academy, Serial Entrepreneur, Coach, Social Activist, Author has been educating people about the importance of Financial Literacy, particularly women. She is behind the Million Moms, a much-talked-about initiative to keep mothers healthy, fit, and financially independent.

Interacting with the media, Dr Mani Pavitra said that no matter how high you grow in your career and how well you earn, you must manage money well. Many rich, famous, celebrities who earned well lost all their money. So financial literacy is the need of the hour.

The lives of the rich and famous often seem glamorous, but even the biggest celebrities have money issues. The opposite of this is also a reality where we see many people inspiring stories for rags to riches, those who came from nothing and worked their way hard and made big financially. There are rich and famous people who still live on a budget. Ingvar Kamprad, IKEA Founder; an American business magnate, investor, and philanthropist; Warren Buffet, Narayan Murthy of Infosys

In this light background, Fortune Academy is organizing a Short Film Contest on Financial Literacy.

DR MANI PAVITRA CO FOUNDER OF FORTUNE ACADEMY SEEN UNVEILING AN INITIATIVE SHORT FILM CONTEST ON FINANCIAL LITERACY TO SPREAD AWARENESS ABOUT FINANCIAL EDUCATION 06

The film has to be either in English or Telugu and must be in horizontal or vertical format and less than 2 minutes in duration. All the entries will be the properties of Fortune Academy. The contest is being organized as part of the community outreach program to educate the community and women in particular on the importance of financial literacy. The contest on this subject is being organized probably for the first time.

The short films must focus on the importance of money, what money can buy and what money can’t buy, investment, multiplying, saving culture, middle-class money problems, money and emotional connect, rags to riches, the importance of piggy bank and savings, plastic money, digital transactions, money saved is money earned, women and need for financial literacy, etc and other related and relevant subjects of greater concern to the people about the money they earn

The first three award-winning entries judged by a jury will be given a certificate of appreciation and cash prizes of Rs 25000/-, 15000/- and 10,000/- respectively. Five entries will also be given away consolation prizes of Rs 1000/- each

The judging criteria for a short film contest on financial literacy are

1. Clarity of Message: How effectively does the film communicate key concepts of financial literacy clearly and understandably?

2. Creativity and Originality: Does the film offer unique perspectives or creative approaches to presenting financial literacy topics?

3. Engagement: How engaging and compelling is the storytelling? Does the film hold the audience’s attention throughout?

4. Relevance: Does the film address relevant financial topics that are important and applicable to the target audience?

5. Production Quality: How well-produced is the film in terms of cinematography, editing, sound design, and overall technical execution?

6. Impact: Does the film leave a lasting impression on the viewer? Does it inspire action or provoke thought about financial literacy?

7. Accuracy: How accurate and informative is the information presented in the film? Does it provide reliable advice and guidance on financial matters?

These criteria can help ensure that the films submitted to the contest are informative but also engaging and impactful in promoting financial literacy.

This contest aims to create a series of Edutainment (Education plus Entertainment) share-worthy short films. Everybody and anybody can participate. One can also send more than one entry.

Our ultimate goal of this contest is to spread knowledge about financial management. Make people open to talking about earning, saving, managing, and investing money.

Financial Literacy information for all people.

The last date to receive entries is July 31, 2024. Please email your videos to fortuneacademyhub@gmail.com

The Award function will be held in August/September 2024

Business

Finance Influencer Sagar Sinha Announces 10 Crore INR Investment for Startups and Entrepreneurs

Apr 4, 2024 by Sujata Muguda 0 Comments #10 Crore INR Investment for Startups and Entrepreneurs, #Finance Influencer Sagar Sinha, #Investment, #New Delhi, #Sagar Sinha, #Startup ecosystem in India

New Delhi, India – 04.04.2024 Renowned finance influencer and motivational speaker, Sagar Sinha, has announced a significant investment of 10 Crore INR for startups and budding entrepreneurs. This investment underscores Mr. Sinha’s commitment to fostering innovation and supporting the growth of aspiring individuals in the business world.

Sagar Sinha

With a background in business & sales, Mr. Sinha brings a wealth of knowledge and expertise to the table. His practical understanding of finance and human behavior has been instrumental in guiding individuals and organizations toward success.

Mr. Sinha‘s decision to invest in startups and entrepreneurs reflects his belief in the power of innovation and entrepreneurship to drive economic growth and create meaningful change. Through his investment, Mr. Sinha aims to support promising startups and entrepreneurs in realizing their full potential and achieving their goals.

Commenting on his investment, Mr. Sinha said, “I am excited to support the next generation of entrepreneurs and innovators. I believe that by investing in startups and entrepreneurs, we can create a positive impact on society and drive sustainable growth.”

Mr. Sinha’s investment comes at a time when the startup ecosystem in India is experiencing rapid growth, with a growing number of entrepreneurs and startups looking to make their mark in the business world. His support and mentorship will undoubtedly be a valuable asset to those looking to build successful businesses.

Business

ACM launches “ChotaNivesh Gold” Investment Platform

Jun 13, 2022 by Agency 0 Comments #ACM, #ChotaNivesh Gold, #Investment

Asit C. Mehta Financial Services Ltd (ACMFSL), (BSE-530723| ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, has launched “ChhotaNivesh Gold”, an inclusive investment platform thatoffers opportunity to invest in small amounts through its subsidiaryEdgytalFintech Services Pvt Ltd.

Under the new platform, anyone can invest either in gold or silver for any amount, starting from for Rupee 1. This unique feature makes ChhotaNivesh Gold an absolute democratic investment platform that is flexible for anyone who wants to begin investment with a small amount, keep up the investment in a disciplined manner and build wealth over a period of time.

ChhotaNivesh Gold is owned by EdgytalFintech Investment Advisory Services Pvt. Ltd, Edgytal is also into development of software platforms for brokers. The platforms include trading systems through CTCL, IBT and Mobile apps. This app provides all in one service in trading on all segments as well as investments in Mutual funds, I baskets, NPS, T bills, Fixed Deposits, Sovereign Gold Bonds, IPO, OFS and Buy backs.

Mrs Deena Mehta, Managing Directorof the Group ACMFSL said “Westrongly believe in encouraging investment habits among all citizens and ChhotaNivesh (CN) is an outcome of that belief system only. The app is easy-to-use, secure and smart platform that is for everyone as there is no limit set for investment amount. We also realized that many investors miss out on investment opportunity due to lack of knowing English language.Hence, we decided to make this app available in 11 Indian languages in addition to Hindi and English. Unlike trading, there is no guessing or speculation involved which makes it even more lucrative.

Business

HyperPay raises SAR 138m in new investment round to accelerate growth

Jun 2, 2022 by Agency 0 Comments #HyperPay, #Investment, #SAR 138m

HyperPay, Saudi Arabia’s fastest growing payments services provider in the Middle East and North Africa (MENA), has successfully raised SAR 138M in a new funding round. The round was led by Mastercard with investments from Amwal Capital Partners and AB Ventures.

The agreement with Mastercard entails a strategic and commercial partnership in the MENA region that will help accelerate HyperPay’s expansion beyond payments to deliver a complete suite of financial products that meet the evolving needs of its customers across all verticals. The partnership will allow HyperPay to offer new services to help businesses, governments and SMEs move from cash-based payments to a frictionless and seamless ecosystem utilizing the innovative capabilities of both HyperPay and Mastercard.

This new funding round will also support HyperPay’s regional expansion efforts, broadening their market to Egypt, Qatar, and Oman. It will also enable HyperPay to grow its tech team and invest in product research and development, to introduce new payment technology solutions with speed.

Muhannad Ebwini, Founder and CEO of HyperPay said, “HyperPay is delighted to welcome Mastercard, Amwal, and AB Ventures as new investors and we are confident of the value-add they bring to our company to achieve its long-term growth strategy. This successful funding round is a testament of the investors’ interest for the payments sector in KSA and the GCC as a whole and its attractive long-term perspectives. The proceeds from the round will be directed towards creating innovative solutions that will redefine the future of cashless payments in the MENA region. They will help us accelerate our growth beyond payments and allow us to deliver a wide array of products. We have earned our reputation by being quick to respond to the dynamic needs of our partners.”

Business

The Iconic NEXTEL Telecommunications Brand is Spreading Across America; Seeking Investment

Mar 3, 2022 by Praveen 0 Comments #America, #Investment, #NEXTEL Telecommunications

In 2018, the famous NEXTEL™ brand was relaunched and reintroduced to the untapped multi-billion dollar small business cellular market. The new NEXTEL™ brand offers an array of high tech handheld and vehicular mounted devices for America’s business community and personal use.

Whether it be Nextel’s popular instant nationwide Direct Connect functionality, instant nationwide Direct Connect with 4/5G cellular capability (POC), or instant nationwide Direct Connect with cellular, data, GPS-based location tracking, or Point of Sale & Mobile workforce productivity, the new NEXTEL™ brand with its famous “Nextel Chirp™” offers the features you need.

“We are thrilled that this beloved American iconic telecommunications brand with its new 4/5G LTE, NEXTEL CHIRP APP and other emerging technologies is once again available to the business community as well as personal use,” says Nextel Mobile Worldwide Inc. CEO, Jeffrey Kaplan.

“Nextel’s ultimate goal is to resign the 20 million former NEXTEL™ business subscribers, to reopen over 5000 NEXTEL™ brand new dealer locations providing needed job opportunities and to once again become a company valued at over $30 Billion Dollars.”

Nextel is allowing investors to participate in this exciting project. Please visit: https://www.startengine.com/nextel.

This crowdfunding offer through StartEngine.com is a rare opportunity for investors, both large and small, to share in Nextel Mobile Worldwide Inc.’s mission to relaunch this famous legacy telecommunications brand across the United States.