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Tycoon Kretinsky Lifts Value Offer for Club as Niel Gathering Makes Bid-thumnail

Tycoon Kretinsky Lifts Value Offer for Club as Niel Gathering Makes Bid

Czech tycoon Daniel Kretinsky expanded the size of his proposed value interest in Club Guichard-Perrachon SA as he contends with a triplet of French business chiefs to assume command over the obligation-loaded French store administrator.

Business

Jul 4, 2023

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes-thumnail

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes

A recent report by property consultancy Knight Frank reveals a significant shift in India’s real estate market during the first half of the calendar year 2023. The sales of mid-segment and premium homes have surpassed affordable homes, despite an increase in residential property prices across major Indian cities. The surge in demand for costlier homes has come at a time when the overall sales of residential properties experienced a marginal decline. This article delves into the key findings of the report, analyzing the factors behind this trend.

Business

Jul 4, 2023

Strategic Cooperation between Indonesia and Australia on Electric Vehicle Batteries a Priority-thumnail

Strategic Cooperation between Indonesia and Australia on Electric Vehicle Batteries a Priority

Indonesian President Joko Widodo has emphasized the importance of strategic cooperation with Australia in the field of electric vehicle (EV) batteries. The two leaders discussed this topic during an annual

Automotive

Jul 4, 2023

Senco Gold’s IPO to open today; raises Rs. 121.4 cr from anchor investor-thumnail

Senco Gold’s IPO to open today; raises Rs. 121.4 cr from anchor investor

The highly anticipated Rs 405-crore public issue is set to commence on July 4, boasting an enticing price band of Rs 301-317 per share. Investors have until July 6 to

Investment & Funding

Jul 4, 2023

During IPL 2023, fantasy gaming platforms earned INR 2,800 crore in gross revenue-thumnail

During IPL 2023, fantasy gaming platforms earned INR 2,800 crore in gross revenue

During the most recent season of the Indian Premier League, the fantasy gaming platforms market in India had a significant surge. According to a RedSeer analysis, gross revenues of fantasy sports platforms in India reached INR 2,800 Cr during IPL 2023, up from INR 2,250 Cr in IPL 2022, thanks to a 24% YoY rise and a 30% CAGR.

Entertainment

Jul 4, 2023

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr-thumnail

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr

JM Financial aims to secure a final close of the fund, including co-investments, at around ₹1,500 crores. As a testament to its confidence, the group has invested 10% of the capital as a sponsor commitment into the fund. The fund will primarily provide lending for scenarios where traditional banks face limitations, such as domestic acquisitions or partner buyouts.

Business

Jul 4, 2023

HealthifyMe will launch an online store this quarter, with CEO Tushar Vashisht ruling out an IPO in the near future-thumnail

HealthifyMe will launch an online store this quarter, with CEO Tushar Vashisht ruling out an IPO in the near future

Tushar Vashist, the creator and CEO of HealthifyMe, spoke with Mint about the company’s IPO prospectus, AI-based nutritionist Ria, future expansions, and his forthcoming musical event.

E-Commerce

Jul 4, 2023

China’s Export Restrictions Trigger Trade War Concerns-thumnail

China’s Export Restrictions Trigger Trade War Concerns

China’s recent move to impose export restrictions on certain metals commonly used in semiconductors, electric vehicles, and high-tech industries has escalated tensions with the United States and raised the potential for disruptions in global supply chains.

Business

Jul 4, 2023

Pawan Hans : state-owned Helicopter company’s disinvestment called off on Monday-thumnail

Pawan Hans : state-owned Helicopter company’s disinvestment called off on Monday

The decision came as a consequence of the disqualification of the winning bidder, Star9 Mobility, due to pending legal cases against them, introducing an element of perplexity to the situation.

News

Jul 4, 2023

Technology globalization is taking a back seat to national security, according to TSMC founder Morris Chang-thumnail

Technology globalization is taking a back seat to national security, according to TSMC founder Morris Chang

According to the retiring founder of Taiwanese chipmaker TSMC, Technology globalization is taking a second seat to concerns such as national security and technological leadership, with US-China relations consisting more of competition than cooperation.

Business

Jul 4, 2023

Rajeev Misra’s new fund closes at $7 billion, invests in SP Group through debt-thumnail

Rajeev Misra’s new fund closes at $7 billion, invests in SP Group through debt

Rajeev Misra, a former executive at SoftBank, founded the new firm One Investment Management, which raised $7 billion in the first close and made its first step into the Indian

Finance

Jul 4, 2023

Meta to launch Threads on 6th July; direct competition to Elon musk’s twitter-thumnail

Meta to launch Threads on 6th July; direct competition to Elon musk’s twitter

Threads will enable users to share text-based posts, which can be liked, commented on, and shared. Remarkably, individuals will have the freedom to continue following the same accounts they cherish

New Launch

Jul 4, 2023


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