'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
Investors seem to be very keen on investing in startups.
Twitter's user base grew by only five million in 2015.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list
Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.
Shortage of top engineering talent in Silicon Valley is inflating paychecks.
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late on Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth.
He was number three in 1999 when the company was founded.
India is witnessing its own tech tsunami, and is poised to become the second largest global startup hub by the end of the decade
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While the systems in place at leading Indian bourses are considered to be very robust and can withstand any possible technical glitches, it is advisable to conduct a precautionary check after an unprecedented three-hour trading halt at a large exchange like Nasdaq, a senior Sebi official said.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Start-ups in India with high valuations are witnessing a fund crunch and drop in valuations as investors tighten their belts and look at businesses that are sound.
'I know of at least one techie who quit his job to join the AAP in Delhi. Many others traveled to India to volunteer during the election. If you ask these volunteers why they were doing it when they can't even vote in India, they say, "We want a corruption-free India".' Ritu Jha looks back on the year that was; it was party time, she says, for news junkies like her.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
When is the last time our government recognised a twenty something entrepreneur for introducing a break-out innovation?
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
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