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Tag Archives: investments

Venture Capitalists Are Raising Less Cash for Tech’s Next Big Thing

The venture capitalists who fuel Silicon Valley’s tech ecosystem raised less cash last quarter, slowing the frenzied flow of dollars gushing into the industry. Nationwide, VCs raised $5.3 billion in the third quarter of this year, a sharp drop from the $10.9 billion they raised the quarter before, according to ... Read More »

Smart Cities Garner Optimism, But Challenges Remain

Government agencies across the U.S. and around the world are making progress as they experiment with a new generation of smart-city technologies that improve efficiencies, expand services, and reduce costs. While the concept of “smart cities” holds tremendous potential, many challenges remain. A new report titled, “Building Smarter Cities and ... Read More »

Meat without Killing Soon To Be Available To Consumers

This may sound like something from a science fiction movie, but it’s as real as can be. A start-up company in the Silicon Valley has recently announced that they could be selling meat grown in laboratory conditions in as soon as sometime in 2021. The types of meat available include ... Read More »

Thai fintech startup Digio secures Series A funding from InVent

Digio (Thailand) Co Ltd., an e-wallet technology startup based in Bangkok has raised an undisclosed Series A funding from InVent, a venture capital arm of Intouch Holdings Pcl. Digio will become the first fintech startup among the company’s investment portfolio, which counts 11 startups in total. Together with Digio, the ... Read More »

Tata Consultancy Services features as one of America’s Civic 50

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation, was recognised in The Civic 50 as one of America’s 50 most community-minded companies by Points of Light, the world’s largest organisation dedicated to volunteer service. The Civic 50 provides a national standard for superior corporate ... Read More »

M&M to invest Rs 12,000 crore in next 3 years: Report

Mahindra & Mahindra (M&M) will reportedly invest an average of Rs 4,000 crore every year for the next three years towards capital expenditure and investments. About Rs 2,500 crore of the Rs 4,000 crore will be capital expenditure while the rest of Rs 1,500 crore will be spent on investments ... Read More »

Federal Bank launches new trading platform ‘Selfie’

Federal Bank, in association with Geojit, has launched a new trading platform called ‘Selfie’ for customers. Designed and managed by Geojit, the trading platform will give its users absolute control over their investments with timely research inputs to make sound investment decisions. The tablet edition of Selfie for Android and ... Read More »

Punjab & Sind Bank raises Rs 1,000 crore through bonds

State-owned Punjab & Sind Bank has raised Rs 1,000 crore through issuing bonds to fund business growth. The fund raised through Basel-III compliant AT-1 Bonds. The issue was fully subscribed and bids for Rs 1,000 crore with coupon of 10.90 per cent were accepted. Under the Basel-III norms, AT-1 bonds ... Read More »

Indiabulls Real Estate to streamline its existing residential, commercial and leasing’ businesses

Indiabulls Real Estate Board in its meeting has considered the possibility of streamlining its existing ‘residential’, ‘commercial’ and ‘leasing’ businesses by segregating ‘commercial & leasing’ business carried on by itself and/or through its SPVs and vesting the same into ‘Indiabulls Commercial Assets Ltd’ (ICAL) and restructuring/reorganizing its businesses by either ... Read More »