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techcrunch.com May 23, 2020

Jiomart, The E-commerce Venture From India’s Richest Man, Launches In Additional Cities – Techcrunch

The rationale behind the deluge of dollars flooding into billionaire Mukesh Ambani’s Reliance Jio Platforms is beginning to become more clear as his e-commerce venture JioMart starts rolling out to more people across India. An e-commerce venture between the nation’s top telecom operator Jio Platforms and top retail chain Jio Retail, JioMart just launched its […]
Read by 79% of LPs

business-standard.com 1 hour, 55 minutes ago

Shapoorji Pallonji Real Estate Will Ride Out The Crisis: Ceo Gopalakrishnan | Business Standard News

We hope to achieve 70% of sales capacity in 6 months, says Venkatesh Gopalakrishnan, chief executive at Shapoorji Pallonji Real Estate.
Read by 32% of LPs

finance.yahoo.com 2 hours, 55 minutes ago

China's $941B Sovereign Fund Seeks More Resilient Assets

(Bloomberg) -- China Investment Corp. is looking for more resilient assets in markets battered by the coronavirus pandemic as the nation's $941 billion sovereign wealth fund seeks to boost long-term returns, Executive Vice President Zhao Haiying said. The Beijing-based company added to its investments in credit markets in recent months, especially investment-grade loans in the U.S., after the Federal Reserve eased a liquidity crunch, Zhao said in an interview with Bloomberg News on Saturday.
Read by 50% of LPs

brisbanetimes.com.au 5 hours, 25 minutes ago

First State Super 'less Focused On Gas' Than Renewables

One of the country's largest super funds has said it is focused on investing in wind and solar while Independent MP Zali Steggall takes aim at conflicts of interest in the government's gas push.
Read by 44% of LPs

dealstreetasia.com 8 hours, 25 minutes ago

Axiata Ceo Says In Talks To Buy Smaller Indonesia Telecom Rival

Axiata is looking for deals in Malaysia and Sri Lanka too. The post Axiata CEO says in talks to buy smaller Indonesia telecom rival appeared first on DealStreetAsia.
Read by 36% of LPs

usatoday.com 8 hours, 55 minutes ago

In Race For Covid Vaccine, Can Operation Warp Speed Avoid Politics?

Operation Warp Speed is tasked with the goal of a COVID-19 vaccine by January. Despite billions invested, how it functions remains opaque, experts say.
Read by 65% of LPs

businessinsider.com 9 hours, 25 minutes ago

Remote Work Startups Buck A Spiraling Valuation Trend

Future of work startups are booming in a turbulent time, as a growing number of tech companies debate shifting to a remote model permanently. While startups outside the remote-work field have been forced to raise 'down rounds' and have been dethroned from their unicorn status, venture capitalists have sent the valuations of hot remote-work and ed-techs startups soaring into unicorn territory. Business Insider rounded up 6 startups whose valuations have soared over the past two months. At least half have been catapulted to valuations north of a $1 billion, crowning them as Silicon Valley's latest unicorns.
Read by 50% of LPs

finance.yahoo.com 10 hours, 35 minutes ago

How Hedge Funds Traded Allergan Plc (agn) Before Its Acquisition

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at how hedge funds traded Allergan plc (NYSE:AGN) right before it was acquired by AbbVie. Allergan plc (NYSE:AGN) has seen an increase in activity from the world's largest hedge funds of late.
Read by 79% of LPs

in.reuters.com 12 hours, 25 minutes ago

Bain Capital Confirms Second-round Bid For Virgin Australia

Bain Capital on Sunday said it was preparing a second-round proposal to buy Virgin Australia Holdings Ltd, as the private equity group positioned itself as the "strongest" suitor to turn around the bankrupt airline.
Read by 58% of LPs

forbes.com 12 hours, 25 minutes ago

Startups Put Fundraising On Hold As Venture Capital Gets 'aggressive To Invest'

With revenue hit by coronavirus, startup valuations are down, some as much as 40%. This means venture capital funds can buy up equity on the cheap.
Read by 73% of LPs

dealstreetasia.com 12 hours, 25 minutes ago

Editor's Take: The Week That Was - May 18-22

Reliance Industries' Jio Platforms continued its fundraising spree this week, taking its tally to $10 billion. The post Editor's take: The week that was - May 18-22 appeared first on DealStreetAsia.
Read by 57% of LPs