Page 136 - Specials News
Used car mart Truebil raises $14 million in a mix of equity and debt
Truebil runs an online portal to sell pre-owned cars and also offers car loans, paper transfer, warranty, roadside assistance and insurance renewal.
 "Used car mart Truebil raises $14 million in a mix of equity and debt")
Online MF platform Groww raises $6.2 mn in Sequoia-led Series A funding
The company plans to build its technology platform and launch new products that offer high-quality investment options to the young, upwardly mobile generation.
 "Online MF platform Groww raises $6.2 mn in Sequoia-led Series A funding")
Angel investors are looking before they leap as exits get tougher
The term 'angel investor' refers to anyone who invests his or her money in an entrepreneurial company (unlike institutional venture capitalists (VCs), where this is investing of other people's money).
 "Angel investors are looking before they leap as exits get tougher")
Realtors hiring from PEs, banks to raise funds in liquidity-short sector
Most property developers are in dire need of funds after non-banking finance companies (NBFCs) began cutting disbursal after the IL&FS default, say consultants who deal with realty companies
 "Realtors hiring from PEs, banks to raise funds in liquidity-short sector")
Missing the jobs for the data
The government has scrapped existing job surveys but has moved slowly on creating replacements
 "Missing the jobs for the data")
Newsmaker: Rajasthan Speaker Joshi's bluntness will be used to good effect
Joshi, the new Speaker of the Rajasthan Assembly, was earlier given extensive party responsibilities by the Congress after the 2014 Lok Sabha polls
 "Newsmaker: Rajasthan Speaker Joshi's bluntness will be used to good effect")
Forget trade war. China already in crisis with bankrupt firms, gutted banks
Car sales fell last year in China for the first time in more than two decades
 "Forget trade war. China already in crisis with bankrupt firms, gutted banks")
The rise and fall of Naresh Goyal, the high-flying promoter of Jet Airways
Jet Airways promoter Naresh Goyal's ambitious strategies and poor execution could cost him control of the airline he founded 25 years ago
 "The rise and fall of Naresh Goyal, the high-flying promoter of Jet Airways")
Luxury concierges offer 'bespoke experiences' in fight for the ultra-rich
For a few hundred thousand dollars a year, London-based Quintessentially promises all the spontaneity and bragworthy experiences any 1-Percenter could want
 "Luxury concierges offer 'bespoke experiences' in fight for the ultra-rich")
IPO market is double-edged sword for the PE investors: S Sriniwasan
S Sriniwasan, managing director at Kotak Investment Advisors, discusses real estate markets and the PE segment with Business Standard
 "IPO market is double-edged sword for the PE investors: S Sriniwasan")
Marlabs looks at raising $40 million in PE investments to fund acquisitions
Marlabs was founded in 1996 by Siby Vadakekkara and with former iGate chief executive Phaneesh Murthy as a board member
 "Marlabs looks at raising $40 million in PE investments to fund acquisitions")
Sidbi's new venture capital fund to back late-stage start-ups
Has made 52 exits from 117 bets across 7 funds
 "Sidbi's new venture capital fund to back late-stage start-ups")
Why India is losing out to neighbouring Bangladesh in textile exports
The govt's serial failures to negotiate free trade agreements, and the industry's dependence on duty drawbacks at the expense of innovation are causing the textile industry to lose out to Bangladesh
 "Why India is losing out to neighbouring Bangladesh in textile exports")
Qualcomm's business model is on trial over a $7.50 per-iPhone fee
iPhone maker's complaint about fee follows deal Jobs accepted
 "Qualcomm's business model is on trial over a $7.50 per-iPhone fee")
Car exports move into lower gear as more nations move towards protectionism
The country's largest car maker and third largest exporter, Maruti Suzuki, has seen its export dip 14 per cent to 77,258 vehicles this year
 "Car exports move into lower gear as more nations move towards protectionism")
What will Swiggy do with $1 billion? A Chinese firm may have the answer
To understand what Swiggy is trying to do, it is important to take cues from one of its investors from China, Meituan Dianping
 "What will Swiggy do with $1 billion? A Chinese firm may have the answer")
PE/VC deals up 35% in 2018 to $35 bn on buyout, start-up investment pickup
There were 76 deals of a value greater than $100 mn in 2018, aggregating to $25.9 bn and accounting for 74% of total PE/VC investment
 "PE/VC deals up 35% in 2018 to $35 bn on buyout, start-up investment pickup")
MP Saumitra Khan's defection shows a rebellion may be brewing in TMC
Although as many as 1,600 grassroots TMC leaders and workers have switched to the BJP in the recent past, Khan's defection is the first instance of a Lok Sabha MP changing sides
 "MP Saumitra Khan's defection shows a rebellion may be brewing in TMC")
Recessions aren't inevitable, and economists don't agree on their causes
Because economists don't know why recessions start, they can't predict when one will start
 "Recessions aren't inevitable, and economists don't agree on their causes")
Chandra Shekhar Ghosh, prudent banker, steps out of his comfort zone
Chandra Shekhar Ghosh has been a cautious businessman all through his career, but the acquisition of Gruh Finance appears out of character.
 "Chandra Shekhar Ghosh, prudent banker, steps out of his comfort zone")