Blackstone crosses $12 billion investment milestone in India

BENGALURU : Blackstone Group LP has invested $3.6 billion as of end-September in India, its record for a single year in the country, said a person directly familiar with the development. With this, total investments by the New York-based firm across private equity (PE) and real estate deals have crossed $12.6 billion. Blackstone aims to surpass the $13 billion mark […]

Read More →
EU, China, others, team up to coordinate ‘green’ investment financing

WASHINGTON (Reuters) – The European Union, China, India and several other countries teamed up on Friday to coordinate rules and standards for trillions of dollars of private and public “green” investment needed over decades to prevent irreversible climate change. FILE PHOTO: European Commissioner Valdis Dombrovskis of Latvia in Brussels, Belgium October 8, 2019. REUTERS/Francois Lenoir […]

Read More →
MP CM Kamal Nath expects mega investment proposals from maiden summit

The Kamal Nath government in Madhya Pradesh is rolling out the red carpet to industrialists especially to those interested in food processing, logistics, AI and nano-technology as it hosts a mega investment summit here on Friday. While Reliance Industries chairman Mukesh Ambani will announce a logistics park at the day-long summit on Friday, which will […]

Read More →
Youth turned to crime to fund his lavish lifestyle, arrested

New Delhi: A 25-year-old youth was arrested at Inderlok Metro Station on October 12. Police said that the accused, to live a lavish lifestyle, started committing the crime. Police identified the accused as Pradeep Kumar. He left his studies after BA Ist Year from SOL, Delhi University. “He is very fond of living a high-standard […]

Read More →
Cholamandalam Investment & Finance Company Q2 Net Profit may dip 0.3% YoY to Rs. 304 cr: KR Choksey

KR Choksey has come out with its second quarter (July-September’ 19) earnings estimates for the NBFC sector. The brokerage house expects Cholamandalam Investment & Finance Company to report net profit at Rs. 304 crore down 0.3% year-on-year (down 3.3% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 11.2 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 812 crore, […]

Read More →
Living the swapping lifestyle

lifestyle, Exchange Room, swapping platforms, millennials, clothe exchange, furniture exchange, This For That, GreenStitched Former tech sales executive Sandhya Balasubramanian, who recently did a course in sustainability at Bhoomi College in Bengaluru, is always on the lookout for circular economies that allow her to live a low-impact lifestyle. Since the textile industry is considered the […]

Read More →
How caste affects public health services

India is investing significantly into providing universal health services to its citizens but a new study suggests that these services may be far from equitable. Sobin George, in a study published in the Economic and Political Weekly, explores how caste impacts the interaction between public health service providers and patients. To show this, he conducts a […]

Read More →
5 Reasons Why Investment Portfolios Fail

Every so often; intelligent, well-meaning, and well-informed investors who have built out carefully planned portfolios of financial assets have failed (often miserably) in meeting their long-term financial objectives. What’s more; it’s not uncommon for the behaviours that led to the first failure to have been repeated time and again, sometimes resulting in the complete capitulation […]

Read More →
Hyundai-Kia’s $300 Mn investment in Ola faces CCI roadblock

Hyundai and Kia Motors’ $300 million investment plan in ride-hailing juggernaut Ola may not go smoothly as Competition Commission of India(CCI) has reportedly put a question mark on the nature of the deal. According to a report, the antitrust watchdog had asked Ola’s parent, ANI Technologies, to define the company’s competitive landscape. However, the company […]

Read More →