Philanthropy is much more complex than running a business: Azim Premji
In March, Premji had executed a fresh bequest to his philanthropic chest, taking his total commitment to social impact to $21 billion and placing himself in the league of Bill Gates and George Soros.
HSBC sees 10% upside in Reliance Industries; should you invest?
“RIL’s consumer businesses driving the upside. Jio and retail to continue to drive upside.”
Arcil FY19 recovery at 10-year high
Bad loan aggregator managed to sell more than 1500 properties across the country last fiscal.
Indian banks set to take a hit of $5 billion from DHFL writeoff
The company’s shares are down more than 90 per cent so far this year.
Arcil FY19 recovery at 10-yr high
About 62 per cent of these recoveries went back to banks from where these assets were bought in exchange of security receipts.
ET Awards: Want 30% pie beyond food delivery, says Swiggy
Swiggy & rival Zomato were burning $30-40 million monthly on discounts, the latter is looking ahead now.
Hindalco may fit into ESG investment criteria: KIE
The brokerage has assigned a fair value of Rs 240 to the Hindalco stock.
CII urges relief relief for telcos
The industry body drew parallels between the airlines and telecom sector where both have faced consolidation, price wars and are capital intensive sectors which have high taxes. The letter highlights the impact of AGR dues which if recovered, will impact viability of telcos and other players in the industry.
Kashmir shuts down after a few 'normal' days
Public transport which had resumed since a week remained off roads too. Schools which had reopened for the new session remained closed as well. Even street vendors kept away from usually busy flea markets.
Kalanick sells almost $1.5 billion of Uber, may offload entire stake
Kalanick’s sales underline his focus on other investments even as he remains a director of Uber. He created a fund called 10100 in March 2018 which will handle hs plans to invest in real estate, e-commerce and emerging innovation in China and India.
ICICI Direct maintains buy on Kalpataru Power Transmission, target price Rs 534
Buy Kalpataru Power Transmissions Ltd. at a price target of Rs 534.0 .
Advent can deploy $1.7 bn in India in 3-5 years: Chairman
Overall, India has been increasingly a more attractive environment for investments.
Furniture company CasaOne raises $16 million
This takes the total funds raised by the San Francisco and Bengaluru-based company to $27.5 million.
How to help small businesses
Nurturing this sub-segment of the formal sector will aid economic growth, improve tax to GDP ratio and create good jobs that the government has been trying to achieve through its formalisation attempts.
Tech Mahindra and Business Finland to set up innovation lab in Finland
As part of the collaboration, Tech Mahindra will develop, pilot and implement state-of-the-art digital products and services to foster growth, productivity and innovations in the area of 5G and 6G. Tech Mahindra’s innovation centre will be a platform for key players in Finland, including universities, research institutes, govt & cos, to collaborate.
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