Before you buy an apartment within a project meant for senior citizens, ensure that the services are of a high standard. Senior citizens should not sell their current home before they are completely sure about moving into a senior citizens' project.
The government on Friday proposed setting up a Rs 5,000 crore venture fund with SIDBI to enhance availability of equity to micro, small and medium enterprises.
After nearly a year of murmurs that JM Financial and Morgan Stanley would go separate ways, they have, joined the swelling ranks of joint ventures that have fallen apart.
Experts foresee possible scenarios: A BRS government with less majority, a BRS government with BJP and AIMIM support, or a Congress government.
Family offices are increasingly looking to invest directly in start-ups rather than through investment in venture capital (VC) firms. The shift is happening because of multiple reasons. Next-generation scions of wealthy families are conversant with how the start-up world works after they have spent time in Silicon Valley; start-up investment is rising to 10-15 per cent of family offices' portfolios from single digits; and they do not want to share gains of investment with VC firms. "While earlier they would prefer to invest in this asset class via venture capital (VC) funds as LPs (limited partners), now they are making direct investment in start-ups.
The government has asked industry to provide a list of Chinese suppliers that would like to shift some capacity to India provided they are willing to set up JVs with Indian companies.
Spectrum allocation for satellite services came up as a dominant theme at the launch of 36 communication satellites by OneWeb, a Bharti group venture, here on Sunday. Following the launch, Bharti Enterprises chairman Sunil Mittal, in a conversation with a group of reporters, reiterated that spectrum auction did not make sense in the case of satellite services. "This (satellite services) is not competing with mobile services where you can justify the auction.
While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.
A dozen people lost their lives in various rain-related incidents in and around Chennai while personnel on fishing boats and farm tractors were engaged in rescuing stranded people on Tuesday.
South Korea's LG Electronics, which is scouting for a site to locate its next big venture in India, has decided to zero in on Haryana.
As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.
With a million-odd electric vehicles (EVs) - two-wheelers, e-rickshaws, buses and passenger cars - expected to hit the road this calendar year, the shift from gasoline-powered vehicles has become irreversible. Now the question is whether the supply chain is ready for this shift. Key components - the high-powered lithium-ion battery and the cells which go with it, the electric motor, and the electronics powered by chips - account for nearly 60 per cent of the cost of an EV.
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.
'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'
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