The issue has a base size of Rs 300 crore with an option to retain over subscription of up to Rs 10,000 crore, says a company statement.

The investments would be made in verticals such as pipes, EPC, water treatment pumps, cement, among others, according to the report.

Centre is considering further opening foreign direct investment in aviation, media and other sectors.

Byju’s has so far raised roughly USD 970 million from investors, tracker Crunchbase says.

SVIC hopes to make 100 investments in Indian startups over the next three-five years.

The net outflows of mutual funds stood at Rs 1,59,814.40 crore in June.

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs 5 cr.

The approval unlocks a seat for SoftBank on Cruise’s board, formalising its oversight, and cements key financing for Cruise.

Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year.

The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.