Bank of America Plans to Invest $100 Million in Minority-Owned Banks
The Bank of America Corp (NYSE: BAC) plans to invest $100 million in banks that concentrate on minority communities, taking equity stakes of less than...
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Nestle to Invest USD 1 Billion Towards Sustainable Coffee Farming
The world’sworld’s largest coffee corporation, Nestle SA, has committed to invest more than 1 billion Swiss francs (USD 1 billion) by 2030 to help farmers...
Hero MotoCorp India to Invest $60 Million in Zero Motorcycles
On Thursday, Hero MotoCorp said that it would invest USD 60 million in California-based Zero Motorcycles to develop electric motorcycles jointly. The Indian bikemaker seeks...
Federal Bank Hikes Interest Rates on FDs for Retail Investors
Federal Bank increased interest rates on fixed deposits (FD) under Rs 2 crore from September 27, 2022. Now, the bank is offering interest rates on...
Adani Group to Invest $100 Billion in a Decade, Emphasis on Energy Transition
On Tuesday, the Adani Group announced that it would invest more than USD 100 billion in the next decade, with a substantial amount going into...
SEBI Introduces Modalities for Application of Investment Advisors
On Monday, markets regulator SEBI revealed how investment advisory applications will work, requiring all new and existing applicants to carry out registration-related activities with BSE...
PVR to Invest Rs 350 Crore in 100 New Screens
PVR Cinemas, the film exhibition company, will likely invest up to Rs 350 crore to open 100 new screens in FY23. PVR also expects its...
Nestle Plans to Invest Rs 5,000 Crore in India by 2025, Says CEO
Global food and Beverages Multinational Nestle SA plans to invest Rs 5,000 crore in India by the next three and a half years, i.e. approximately...
PepsiCo to Invest Rs 3,740 Cr to Establish Four Industrial Units in UP
PepsiCo’s all-India franchisee Varun Beverages Ltd has been given land in Gorakhpur, Amethi, Prayagraj and Chitrakoot districts of Uttar Pradesh for setting up units for...
Exide Industries to Invest Rs 6,000 Cr in Establishing Lithium-ion Unit in Karnataka
Industrial battery maker Exide Industries is planning to invest Rs 6,000 crore in the next 8-10 years to establish a 12 gigawatt-hour lithium-ion cell manufacturing...