Amazon targets Uber Eats with Deliveroo investment

May 17, 2019

Amazon lead a $575 million funding round in the UK-based food delivery company Deliveroo, continuing its efforts to diversify into the takeaway market. In a press releaseDeliveroo said it would use the money to expand its UK engineering team, expand its delivery reach, and continue to develop new products such as its delivery-only kitchens. Deliveroo currently […]

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Accor in talks to invest up to $50 million in Treebo Hotels

May 13, 2019

MUMBAI: Accor SA, which runs the second-largest chain of hotels globally, is in talks to invest up to $50 million in budget hotels brand Treebo Hotels, said two people aware of the development. Treebo was founded in March 2015 by Indian Institute of Technology-Roorkee alumni Rahul Chaudhary, Sidharth Gupta, and Kadam Jeet Jain. Chaudhary and Gupta had […]

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Want to get rich? You need a ‘Mahagathbandhan’ of investments; Here’s why

May 11, 2019

Amid the ongoing Lok Sabha Elections 2019, political talks are dominating our everyday conversations. The talks of the possibility of the formation of a “Mahagathbandhan” taking on the ruling party has been doing the rounds for months. It is not yet clear what will happen after the elections. However, if you are concerned about your […]

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Viewpoint | Where to invest emergency money – savings account, fixed deposit or a liquid fund?

May 10, 2019

If a savings account could give assured super-high returns, then there wouldn’t be any reason to invest elsewhere. But apart from few banks that offer differential interest rates on balance parked in savings accounts, the interest rates are pretty low, around 4%. So it actually doesn’t make any sense to keep very large amounts in […]

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Alibaba hints at change in Indian investment strategy as it pushes smaller deals via BAce Capital

May 6, 2019

Alibaba has been in the Indian market for a while and has had enough learning. Despite making bold bets on Paytm and Snapdeal, it’s far from dominating sizeable share in e-commerce space. Its recent bet on Paytm Mall appears to have also turned south. Following disappointment with large bets, the Chinese behemoth is revamping strategy […]

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France plans to hold investment conclave in Goa this year

May 5, 2019

PANAJI: The Government of France is planning to organise an investment conclavein Goa in October this year, to encourage French companies to invest in various sectors in the coastal state. A proposal to this effect would be submitted to the Goa government soon, Consul General of France in Mumbai Sonia Barbrysaid here on Friday. The first such conclave was […]

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Welcome To New Jersey, Where Investment Is Returning To The Surface

April 26, 2019

Let’s be honest, many things come to mind when we think about New Jersey, before we think of tech (and I’m allowed to say this because I’m from there). But after seeing activity from two instate funds this week, we decided to delve a little deeper and explore what’s happening in the Garden State’s startup […]

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We are not opportunistic, Essel Propack is a strategic investment: Amit Dixit, Blackstone

April 23, 2019

That is not a fair description. All investments by us are strategic in nature and there was no scenario here of a desperate seller. This process has been going on for quite some time. This was not a short, quick process. From what we understand, the seller also had options. From a Blackstone standpoint, we […]

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Uber’s self-driving unit valued at $7.25 billion in new investment

April 20, 2019

Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering. Uber Technologies Inc said on Thursday that the investment values its Advanced Technologies Group, which works to develop autonomous […]

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Slideshow | Super Six: Brokerage picks for 3-12 months investment horizon

April 5, 2019

1/7 The Indian market has seen high & low points this week amid RBI credit policy and  Skymet’s monsoon prediction. Here are six stocks ideas from brokerages that  could give 3 to 50 percent return in next 3-12 months: 2/7 Relaxo | Brokerage: ICICIdirect | Rating: Buy | CMP: Rs 850 | Target: Rs 938 | Return: […]

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