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SoftBank announces an additional Rs 100 crore investment in Housing.com

Prime Minister Narendra Modi in a meeting with SoftBank founder and CEO Masayoshi Son, in New Delhi. (Source: PTI) Japan-based SoftBank has invested an additional Rs 100 crore in Housing.com to drive...

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Forget Modi. Someone Else Is Running India's Show

As India’s politicians bicker, its Supreme Court judges are taking the lead in shaping policy. In the past six months, Indian courts doubled a tax on commercial vehicles entering Delhi, banned...

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Soft Bank invests Rs 100 crore in Housing.com

Japan-based Soft Bank has invested Rs 100 crore in Housing.com, a Mumbai-based real estate startup which ran into losses last year. “We are now well-capitalised to aggressively execute on our focused...

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In Davos, World Elites See Signs of Growth and Resilience in Turbulent Markets

SINGAPORE -- As the global elite descends on chilly Davos, 2016 promises to be a volatile year in markets, no matter what climate you've left behind. The combination of this year's main macroeconomic...

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SoftBank invests Rs 100 cr more in Housing.com

Japan-based SoftBank has invested an additional Rs 100 crore in Housing.com to drive the growth of the realty portal. Announcing the fresh funding, Mumbai-based Housing.com said that "it has secured a...

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Uber's Kalanick says working with Airbus on helicopter service

MUMBAI (Reuters) - Uber Technologies Inc is working with Airbus Group SE to provide on-demand helicopter services, Uber co-founder and chief executive Travis Kalanick said on Tuesday. "The point is if...

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Fulcrum Equity Partners and Spring Mountain Capital Invest $8 Million in...

WARREN, N.J., Jan. 22, 2016 /PRNewswire/ -- Prevalent Inc. ("Prevalent"), a leader in vendor risk management and cyber threat intelligence analytics, announced last week it has raised $8 million in...

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LIVE: Sensex down over 400 points from day’s high, Nifty50 below 7,300;...

12.37 pm: Market benchmark Sensex was lower by 138 points at 23,923 on fresh selling pressure amid persistent foreign fund outflows. Foreign portfolio investors sold shares worth Rs 1,324.69 crore...

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Alstom starts expanding Sri City manufacturing facility

Alstom Transport India has started expanding its rolling stock manufacturing facility at Sri City, near Tada, in Andhra Pradesh, a top company official said. Talking to The Hindu, Bharat Salhotra,...

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Shunned by PE investors, TABcab faces closure within a year

TABcab, which was once among the largest radio taxi operators in Mumbai, could wind up its operations completely in less than a year’s time unless it is able to cut its losses substantially in the next...

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Investors turn highly cautious on lower-rated bonds

Fund managers continue to be cautious about investing in debt paper that's rated below AAA. Issuances of bonds that don't carry a top-notch rating have slowed sharply in the last couple of months....

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Bangalore Metro to raise Rs 12k crore for phase two of project

Bangalore Metro Rail Corporation (BMRCL), a joint venture between the state and the Centre, is planning to raise R12,000 crore to fund the second phase of the metro project. It intends to raise the...

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Norwest Venture Partners Closes Third Consecutive $1.2 Billion Fund

PALO ALTO, CA--(Marketwired - Jan 20, 2016) - Norwest Venture Partners, a global venture capital and growth equity investment firm, today announced the formation of its latest fund, Norwest Venture...

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CY Leung’s HK$2 billion matching fund could lay foundation for set of best...

A recently announced HK$2 billion matching fund for start-ups in the city is a prime opportunity to build up the local start-up ecosystem and develop a set of best practices for investors, according to...

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Currency dictatorship: The struggle to end it

India and the BRICS are giving the US dollar the boot? Is it really so? The last time a country decided to dump the dollar in the oil business, the US destroyed it. Now India, the world’s third largest...

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Sensex falls over 2,000 points in 2016 so far, check who is buying

The current sell-off in the equity market jolted investors as benchmark indices BSE Sensex and NSE Nifty fell below the level before the Modi government era. Since the beginning of January 2016, Sensex...

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India changing tax laws for stability, predictability: Jaitley

India is gradually transforming most of its taxation laws for a greater degree of stability and predictability, Finance Minister Arun Jaitley today said, stressing that the proposed Goods and Services...

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Finalists For the TIME India Awards Are Announced

Nine companies in sectors ranging from automobile engineering to steel manufacturing were named as the finalists for the inaugural TIME India Awards on January 21st, at the World Economic Forum in...

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Central Board of Direct Taxes (CBDT) Signs 7 more Unilateral Advance Pricing...

(Source: Ministry of Finance of the Republic of India) Press Information Bureau Government of India Ministry of Finance 22-January-2016 17:56 IST Central Board of Direct Taxes (CBDT) Signs 7 more...

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Motion for debate on Lodha panel suggestions shot down by MCA

A proposed motion to be moved by two of its affiliated units to discuss the sweeping reforms recommended in BCCI by the Justice Lodha panel at its AGM tomorrow has been shot down by the Mumbai Cricket...

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