All posts tagged: Investment

PM Modi welcomes Amazon’s USD 48 billion India investment

PM Modi welcomes Amazon’s USD 48 billion India investment

Published by Webster

Prime Minister Narendra Modi on Thursday welcomed Amazon’s record USD 48 billion investment in India, saying that this investment will create new opportunities for youth in the country.  In a major boost to India’s IT sector, Amazon has recently announced a total investment of $48 billion to expand and support its businesses in India from 2026 to 2030, after its CEO, Andy Jassy, met PM Modi in the national capital. A great meeting with Mr. Andy Jassy. I welcome Amazon’s record $48 billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest in India!@amazon https://t.co/emr6Dd9Cps — Narendra Modi (@narendramodi) June 25, 2026 PM Modi, while hailing Amazon’s move to invest in India, posted on his social media handle X, citing, “A great meeting with Mr Andy Jassy. I welcome Amazon’s record USD 48 billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest …

Samantha Ruth Prabhu’s Maa Inti Bangaram recovers full investment even before it hits screens; producer confirms

Samantha Ruth Prabhu’s Maa Inti Bangaram recovers full investment even before it hits screens; producer confirms

Published by Parlour News

Nandini Reddy’s Samantha Ruth Prabhu-starrer Maa Inti Bangaram is gearing up for release on June 19. It marks the actor’s return to the silver screen after three years. Even before the film hits screens, it has recovered its full production investment. Producer Himank Duvvuru of Tralala Moving Pictures has confirmed the news. Samantha Ruth Prabhu plays the lead in Nandini Reddy’s Maa Inti Bangaram. Maa Inti Bangaram recovers full investment According to the film’s team, Maa Inti Bangaram had strong demand for theatrical and non-theatrical rights, which helped it achieve recovery. Buyers’ interest across territories and platforms has been consistent and competitive, they say in a press release. In fact, all deals have been confirmed and closed ahead of its release this week. “For a female-led Telugu film in the current market, this is a strong commercial signal. The rights were packaged early, buyers were engaged well in advance, and every deal was closed with the intention of making it successful together with our distributors and buyers. We hope to keep up the faith they …

Karuppu financier slams RJ Balaji, says he recovered only 50% of his investment: ‘Only Suriya helped to release film’

Karuppu financier slams RJ Balaji, says he recovered only 50% of his investment: ‘Only Suriya helped to release film’

Published by Parlour News

Tamil star Suriya‘s recent release Karuppu not only received critical acclaim but also emerged as a commercial success. However, the film faced significant hurdles before its release. Now, veteran Tamil film financier and distributor Tiruppur Subramaniam has lashed out at director RJ Balaji over the handling of the film’s release. Claiming that he has recovered only half of his investment, Subramaniam said that while several people worked behind the scenes to ensure the film reached theatres, RJ Balaji ultimately took credit for its success. Distributor Tiruppur Subramaniam slams RJ Balaji over Karuppu delayed release. Karuppu distributor slams RJ Balaji During a conversation on Sri Sakthi Cinemas’ YouTube channel, Tiruppur said, “We know the kind of problems we faced two days before its release. The director should have come and faced it along with us, but instead, he chose to go to his car and record himself crying. The director is raising his collar now, flaunting that the film is a hit, but only Suriya came forward to help the film hit screens. Except Suriya, nobody …

Actor Sunny Leone on Karnataka CID radar in investment fraud case

Actor Sunny Leone on Karnataka CID radar in investment fraud case

Published by Parlour News

The Karnataka Criminal Investigation Department (CID), probing the alleged ₹2,400-crore Shivam Associates investment fraud, on Wednesday sought information from actor Sunny Leone about payments linked to her appearance in a film produced by the scheme’s key accused, even as authorities stressed that the notices do not suggest any wrongdoing on the actor’s part, officials familiar with the matter said. Authorities stressed that the notices do not suggest any wrongdoing on the actor’s part (File Image) The CID is examining the movement of money connected to Shivam Associates and its promoter, Shivanand Neelannavar, who is accused of collecting funds from 40, 7000 investors through allegedly unauthorised deposit and investment programmes. Leone had been paid about ₹1 crore to perform in the song “Dingara Billi Naanu”, in a 2023 Kannada movie Champion, produced by Neelannavar, officials aware of the matter said on Wednesday. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the …

Jaaved Jaaferi’s wife duped in Rs 16 crore investment scam, BMC official suspended

Jaaved Jaaferi’s wife duped in Rs 16 crore investment scam, BMC official suspended

Published by Webster

Habiba Jaaferi, wife of actor Jaaved Jaaferi, was allegedly duped of Rs 16.4 crore in an investment scam linked to a Mumbai redevelopment project. A BMC assistant commissioner has been suspended and is currently absconding as the Crime Branch investigates the case Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Maharashtra govt has signed MoUs worth Rs 4,080 cr in electronic, logistics: CM

Maharashtra govt has signed MoUs worth Rs 4,080 cr in electronic, logistics: CM

Published by Webster

Chief Minister Devendra Fadnavis on Friday said Maharashtra has a unique opportunity to emerge as a leader in electronics manufacturing and modern logistics. Speaking at the signing of two Memorandums of Understanding (MoUs) at his official residence, Varsha, Fadnavis assured investors that the state government would act as a partner in their growth journey. “The government`s role is to help create a complete industrial ecosystem in the state. Entrepreneurs should consider the government as their partner in this journey,” he said. The agreements were signed between the Maharashtra government and leading electronics manufacturing company Jabil, as well as Dubai-based RSA Global, an official statement said. Major boost for industry and employment  It said that the two projects together are expected to bring investments worth Rs 4,080 crore to the state and generate around 4,750 direct and indirect employment opportunities. According to CM Fadnavis, the investments will boost industrial growth, strengthen export capabilities and improve modern logistics infrastructure in Maharashtra. He said the projects would also create high-skilled jobs and further enhance the state`s position as …

₹350 crore investment to generate 2,300 employment opportunities in Bihar

₹350 crore investment to generate 2,300 employment opportunities in Bihar

Published by Parlour News

The Project Clearance Committee (PCC) meeting of the Bihar Industrial Area Development Authority (BIADA), under the Industries Department, Government of Bihar, was conducted on Saturday (May 23, 2026) under the chairmanship of Kundan Kumar, Secretary, Industries Department Cum MD, Bihar Industrial Area Development Authority (BIADA) and Infrastructure Development Authority (IDA). During the meeting, the committee approved 20 industrial projects and allocated nearly 30 acres of land for their establishment. The proposed projects are expected to attract investments worth approximately ₹350 crore, creating employment opportunities for around 2,300 people across the State. Industries Minister Shreyasi Singh said that the newly approved industrial projects are set to provide fresh momentum to Bihar’s industrial and technological development. She emphasised that these projects would create large-scale employment and skill-based opportunities for local youth. “The Government of Bihar remains committed to developing an investor-friendly ecosystem and establishing the State as a modern industrial and manufacturing hub,” Ms. Singh said. Mr. Kumar, on the other hand, said that the State Government is continuously committed to balanced and inclusive industrial development. “Through …

Mumbai, Maharashtra emerging as key hubs for global investment and clean energy partnerships, say diplomats

Mumbai, Maharashtra emerging as key hubs for global investment and clean energy partnerships, say diplomats

Published by Parlour News

Mumbai and Maharashtra are increasingly emerging as major destinations for global investment across infrastructure, clean energy, education and technology sectors, Consul Generals from Australia and Finland said during a panel discussion on the State’s growth opportunities. Speaking at a panel discussion during The Hindu’s Maharashtra Infrastructure Conclave 2026, which was held in Mumbai on Friday (May 22, 2026), Australian Consul General Paul Murphy said that the pace of infrastructure development in Mumbai and other parts of Maharashtra had been ‘astounding’, citing metro rail expansion, highway connectivity, and urban transport projects as major drivers of investor confidence. Public infrastructure investments “As a foreigner coming to Mumbai and Maharashtra, it truly is astounding to witness the pace of transformation,” Mr. Murphy said, highlighting projects such as the Coastal Road, metro rail systems, and emerging transport corridors. Calling Mumbai the Indian city most visited by Australian business delegations, Mr. Murphy said Australian companies were increasingly looking at Maharashtra as a long-term investment destination across infrastructure, transport, engineering services, renewable energy, and sports infrastructure. Companies were also looking at …