Yes Bank claims of an investment offer worth $2 billion

Mumbai: Fund-scouting private lender Yes Bank Ltd., on Friday late evening said after a board meeting that a number of investors have evinced interest to buy Yes Bank equities worth a total of $2 billion via a preferential allotment of shares. The bank said last month that it has received an interest from an international investor to put in […]

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GoJavas business declined 93% after loss of Snapdeal as customer, claims CEO Anand Rai

Anand Rai, the logistics executive who bought courier firm GoJavas from Snapdeal last year has alleged that the company’s business has fallen drastically since early this year after its early investor and largest customer Snapdeal stopped giving it orders. In an interaction with Moneycontrol soon after he filed a police complaint against Snapdeal founders Kunal […]

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Pokemon Go Has Health Benefits, Claims Researcher

As the GPS-based Pokemon Go mobile game takes the world by storm, an expert in the US has found that there are health benefits from playing the augmented Reality (AR) smartphone game. According to Matt Hoffman, clinical assistant professor at the Texas A&M College of Nursing, this quest to “catch ’em all” is great as […]

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Twitter leak triggers row over Jabong deals, Praveen Sinha denies claims

PwC is purported to have probed the management of Jabong and related-party pacts between them and some vendors. Photo: Priyanka Parashar/Mint New Delhi: A pseudonymous Twitter account holder has created a controversy by circulating allegations that Jabong co-founder and former chief executive officer (CEO) Praveen Sinha made personal gains from business dealings at the fashion […]

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