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 […]
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.