Steve Zadesky, who has been overseeing the Apple’s electric car project for the last two years, has said he is leaving the company, the Wall Street Journal reported on Friday, citing people familiar with the matter. Zadesky, who previously worked with the iPod and iPhone teams, is leaving for personal reasons not related to his […]
As truly it is said, “Marriage is about the most expensive way for the average man to get his laundry done!”, but holding on to this quote at present times might not seem appropriate. These are the high times and enough measures have been taken to cater for the general needs. Serving one such problem […]
Every Indian entrepreneur asking this one question most when they met with their fellow entrepreneurs and Investors in events. When Flipkart and other companies will go for an IPO? Are they go to list their companies in India? The answer was partially disclosed yesterday, in the last session of Startup India “Show Me The Money: How […]
Chinese conglomerate Dalian Wanda Group has bought U.S. film studio Legendary Entertainment for about $3.5 billion, turning its chairman into a Hollywood movie mogul as China’s richest man steps up a drive to diversify his business empire overseas. At a news conference in Beijing on Tuesday, Wanda Chairman Wang Jianlin said he plans to package […]
As per the Mint Report Shopclues an Indian E-commerce platform on Tuesday said it has raised a fresh round of funds led by sovereign wealth fund GIC Pvt. Ltd with participation from existing investors Tiger Global Management and Nexus Venture Partners, valuing the company at more than $1.1 billion. Though the amount has not been […]
Indian firms mopped up over Rs 68,608 crore through the equity market route in 2015. This is 76 percent higher than Rs 39,067 crore raised through the equity market in 2014. Out of the total Rs 68,608 crore raised, fresh capital accounted for only Rs 25,964 crore, with the remaining Rs 42,644 crore coming from […]
Shares of India’s biggest diagnostic chain Dr Lal PathLabs listed with a strong premium of almost 31% over the issue price of Rs 550 on Tuesday. On BSE, Dr Lal’s stock opened at Rs 717, up 30.36% as against the issue price. Within minutes of trade, it touched a high of Rs 747 and a low of […]
The busy CEO reveals his secret to managing a busy life. Jack Dorsey, the CEOs of both Twitter and payments technology company Square, has a secret to keep from being overwhelmed. “I look to build a lot of consistent routine,” he said during a question and answer session Tuesday on the online forum Product Hunt. “Same […]
A fall in tech valuations may send U.S. and Chinese unicorns running in different directions. Several private Silicon Valley firms worth $1 billion or more have taken valuation hits once they are in the public eye. The same may be happening to one-horned beasts in the People’s Republic, only in private. Take Jack Dorsey’s U.S. online […]
Li Ka-shing the richest man in Asia was born in 1928, Chaozhou in China’s Guangdong Province to a school-principal father. In 1940 With the Japanese invading, his father packs up the family and flees to Hong Kong. Dad died from tuberculosis two years later; at 12 Li starts working in a plastic-watch-strap company to support his family. […]
Talkoot is a real-time social platform for investors and traders. The venture aims to make financial markets fun, open and accessible to everyone in the country. Talkoot creates a personalized financial feed for each user based on the stocks and people they follow. Talkoot algorithms constantly measure performance of each idea shared on the platform […]
India’s most respected and loved E-commerce site, Flipkart founded by two college friends who studied together at IIT-Delhi and worked together in Amazon. It’s revenue is estimated to be somewhere between $500 million to $1 billion, to create which it has had to pull in around $200 million in venture funding over four rounds till […]