Private equity investments in India surge to $15 billion in 2024, a 46.2 pc growth

IANS | January 8, 2025 1:52 PM

New Delhi, Jan 8 (IANS) Driven by sectors such as healthcare and pharmaceuticals, consumer-related industries and technology -- amid stable political scenario and favourable policy environment -- private equity (PE) investments in India surged to $15 billion in 2024, marking a 46.2 per cent increase from the previous year, according to a report on Wednesday.

India's steel demand poised to grow 9 per cent in 2025 amid global slump: Report

IANS | January 8, 2025 1:28 PM

New Delhi, Jan 8 (IANS) Steel demand in India will continue to outpace other major steel-consuming economies in calendar year 2025 with a growth of 8-9 per cent, driven by a shift towards steel-intensive construction in the housing and infrastructure sectors along with better demand from engineering, packaging and other segments, according to rating agency CRISIL's report on Wednesday.

UAE Ambassador inaugurates padel courts at OP Jindal Global University

IANS | January 8, 2025 11:11 AM

Sonipat (Haryana), Jan 8 (IANS) In an effort to promote health, well-being, and cross-cultural collaboration, Abdulnasser Alshaali, UAE Ambassador to India and Prof. (Dr) C. Raj Kumar, Vice Chancellor of O.P. Jindal Global University, inaugurated four state-of-the-art padel courts at O.P. Jindal Global University (JGU) here. The inauguration ceremony underscored the shared commitment of the UAE and India to fostering healthier communities and strengthening bilateral ties.

LG Electronics’ operating profit drops 53.2 pc in Q4

IANS | January 8, 2025 9:21 AM

Seoul, Jan 8 (IANS) LG Electronics, South Korea's leading home appliance maker, on Wednesday estimated its fourth-quarter operating profit decreased more than 53 percent from a year earlier due to global economic uncertainties.