Gold at 19 month low, heads for worst week
Gold recovered some ground on Friday as weakening of the dollar relieved pressure on prices, but the metal remained near 19-month lows and looked...
Ebix may invest $500 Mn more in acquisitions
The US-based Ebix Inc is considering an initial public offer (IPO) of its business in India business Ebix, has acquired a majority stake in...
Rupee hits record low of 69.61 per USD
The USD/INR pair opened at 69.48 and rose to a new lifetime high of 69.61 as the other Emerging Market (EM) currencies tanked in...
RBI cancels license of 368 NBFCs
NBFC sector received a major jolt as the RBI has cancelled the licenses of 368 NBFCs. These NBFCs have failed to live up to...
Amazon and Microsoft Nudge S and P 500 closes to record...
"We might hit the record and blow through it. As long as there are still strong earnings and there are no corporate blowups, there's...
PM is launching IPPB to take the financial services in the...
Our PM Narendra Modi is all set to launch the most awaited India Post Payments Bank (IPPB). It is expected that IPPB must have...
Real Estate Sector Garners Rs 10,080
The real estate sector has attracted the private equity investments worth over Rs 10,080 crores during the latest quarter ended in the month of...
Apple is the world’s first trillion dollar company in the history
Apple has become the world’s first trillion-dollar publicly private company to reach $1 trillion in the market valuation. The company was co-founded by Steve Jobs...
Whatsapp Will Charge For Commercial Messages
Facebook has finally imposed monetization on the world’s largest online chatting platform, Whatsapp. But the regular whatsapp users need not worry about this paying...
Swiggy Buys a Mumbai based delivery platform Scootsy for 50 crores
Swiggy, an online food ordering and a delivery platform has acquired a Mumbai based on-demand delivery platform Scootsy. The deal has been cracked for...
FDI in food processing sector up 24% at $ 905 million...
FDI, Foreign Direct investment in the food processing sector has rose 24 percent in the financial year 2017-18 to $ 904.9 millions, states the...
YouTube Plans Original Programming In India, Japan And Other Markets
Alphabet Inc's YouTube is creating a scripted series and the other original programming for the international markets those include Germany, Mexico, Japan India and...
Make My Trip Is Investing Into Bitla Software
India’s biggest online travel company Make My Trip, invested an undisclosed amount in Bangalore based Bitla Software which provides the bus travel management software...
Tata Capital Private Equity Has Raised Capital For New Funds
Tata Sons, an investment company of $100-billion Tata Group, has signed an approval of Rs 10,161-crore investment plan which focuses on the insurance, realty...
Avenue Capital Planning to invest in Arcil
Avenue Capital Group, a New York based investment firm is in advanced talks these days to invest Rs. 1000 crores i.e. $145 million in...