The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.
The company did not disclose the valuations at which funds were raised.
Singapore-based e-commerce platform Shopee - that launched in India only in December 2021 - has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments. In a statement, it said, "In view of the global market uncertainties, we have decided to close risks of our early-stage Shopee India initiative." The e-commerce platform has been hit by growing opposition from trade associations led by Praveen Khandelwal as well as homegrown social commerce start-ups.
Even though PUBG Corporation is a South Korean company with its headquarters in Seoul, Tencent Gaming, a subsidiary of Chinese investment and technology giant Tencent, holds the global franchise for the mobile version of the game.
Boston Celtics' Kanter sparks backlash in China after comments on Tibet, Xi.
Trump said the spread in the United States of mobile applications developed and owned by the companies in China continues to threaten the national security, foreign policy, and economy of the country.
To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription.
The newly-formed entity which will list on the NYSE as Eros STX Entertainment Corp, will remain listed on the New York Stock Exchange, with headquarters in both Mumbai, India, and Burbank, California, and has also got $125 million in fresh funding. The merger will not change the structure of Eros's Indian arm which is also listed on Indian stock exchanges.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
'It is inevitable that people around the world -- including from America and China -- will have different viewpoints over different issues'
The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth.
New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.
Tencent reinforces India's consumer internet story. Ranju Sarkar reports.
The Taiwanese government is investigating whether Xiaomi Inc, China's leading smartphone company by domestic shipments, is a cyber security threat and will make a decision within three months.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
Every day at 9 am, five 20-somethings who live in a 4-bedroom apartment in Bengaluru have a session with their physical trainer. After a workout, they spend the next 8 to 10 hours in their spacious living room, headphones in place and computer screens in front of them. Their salaried job: To play video games for the rest of the day.