Prøve GULL - Gratis
Japan Inc. dials up India investments
Mint Mumbai
|December 17, 2024
Top Japanese conglomerates and investment firms are ploughing money into India, putting unsavoury episodes of the past behind them.
While Japan's SoftBank has been investing in Indian tech startups for years, the biggest bets from some of the recent entrants are in financial services and new-age companies, multiple investment bankers said.
Leading companies such as Yes Bank, Avendus Capital Financial Services and HDB Financial Services have attracted bids from large Japanese banks. Earlier this year, Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial firm, approached its $400 million investment in digital lender DMI Finance by another $334 million in August, and led a $47 million round in wealth management firm Neo Group.
Denne historien er fra December 17, 2024-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Meta takes a bite of Cred, Shah to steer WhatsApp
$900 mn investment for 20% stake; Shah to quit as CEO of Cred for global role.
3 mins
June 23, 2026
Mint Mumbai
IT's Big Five brace for FY27 pain from AI, weak demand
Just three months into the fiscal year, and analysts are already questioning whether Indian information technology's (IT) Big Five can meet the full-year guidance they had laid out in April after Accenture Plc fell short of expectations.
3 mins
June 23, 2026
Mint Mumbai
Retail F&O may have lost ₹1 tn despite Sebi curbs
Despite a slew of regulatory measures to curb unbridled retail speculation, losses incurred by individual traders in equity derivatives (largely options) are likely to have remained elevated in fiscal year 2026 (FY26), per two brokers who submitted client-level profit and loss ledgers to the Securities and Exchange Board of India (Sebi) this April.
3 mins
June 23, 2026
Mint Mumbai
Zombie unicorns are haunting Silicon Valley
FANTASTIC BEASTS roam Silicon Valley. Locals are familiar with the unicorn, a startup valued at more than $1bn, the centaur (worth $100m) and the decacorn ($10bn).
2 mins
June 23, 2026
Mint Mumbai
Retail investors iffy on municipal bonds
The market regulator's move to make municipal bonds more accessible is unlikely to trigger a meaningful surge in retail participation anytime soon, with market participants cautioning that low investor awareness, patchy liquidity (only select papers are liquid because not all municipalities come out with bond issuances every year every time) and the challenge of assessing municipal credit quality remain significant hurdles.
2 mins
June 23, 2026
Mint Mumbai
Greenspan, Fed legend until 2008 crisis, no more
Alan Greenspan, the Federal Reserve chairman proclaimed a wizard for guiding a then-record US economic expansion, only to see his lustre dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100.
3 mins
June 23, 2026
Mint Mumbai
US FDA sends SOS to Indian firms for critical cancer drugs
The US Food and Drug Administration (US FDA) has reached out to Indian pharmaceutical manufacturers for a critical cancer medicine that is in short supply, according to two Indian government officials and a document reviewed by Mint.
3 mins
June 23, 2026
Mint Mumbai
Oil barrels on a roll
Although uncertainty prevails over whether the US will extend its sanctions waiver for India’s Russian oil imports, inward shipments are poised to hit their highest monthly level ever in June, according to Kpler data.
1 min
June 23, 2026
Mint Mumbai
Axis Bank brings in McKinsey veteran to lead AI initiatives
Axis Bank, India’s third-largest private lender, has hired Namrata Dubashi, a senior executive at McKinsey & Co, as its artificial intelligence (AI) officer to spearhead its AI initiatives.
2 mins
June 23, 2026
Mint Mumbai
India is importing steel to ship out pipes
The latest driver of India’s steel imports isn’t construction, automobiles or consumer appliances. It is an unlikely corner of the industrial economy: steel pipes.
2 mins
June 23, 2026
Listen
Translate
Change font size