investment Archives - Page 10 of 23

Why this investment banker aspirant decided to manufacture notebooks and paper products instead

July 17, 2019July 17, 2019 Loknath Dasand, aspirant, banker, decided, investment, manufacture, notebooks, Paper, Products, This, to, Why

One can never grow tired of the simple pleasure of putting pen to paper. While we live in a world of digital diaries and reminders on the cloud, the habit of writing things down has its own charm. Shreshtha Poddar loved jotting down little notes even as she tapped away at her phone and computer. This led to idea for Notex Notemakers, a notebook manufacturing company. Shreshtha’s father, Kailash Poddar, had always wanted to start a notebook manufacturing company, so that his four children could work together. But Kailash was unable to see…

PM pitches for corporate investment in agriculture

June 26, 2019June 26, 2019 Loknath Dascorporate, for, In, investment, pitches, PM

“Agriculture is the backbone of rural economy. But we need to change the old ways of thinking,” Prime Minister Narendra Modi said. “We need to think beyond partisan lines to hand-hold the farmer. The corporate world has no investment in agriculture beyond making tractors. There needs to be more investment in food processing, building warehouses, facilitating the movement from seed to the market. We need to have a futuristic vision for agriculture,” Modi said in his reply on the motion of thanks on the President’s address in the Lok Sabha…

India becomes investment darling for sovereign wealth and pension funds

June 21, 2019June 21, 2019 Loknath Dasand, becomes, darling, for, India, investment, Pension, sovereign, Wealth:

London: Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest. Wealth and state pension funds are expanding their horizons to private markets, to complement an existing focus on stocks and bonds. “India is popular with sovereign wealth funds,” said Tihir Sarkar, London-based partner at Cleary Gottlieb, which counts several prominent sovereign funds as clients. “Almost every jurisdiction in the western world is raising the bar for…

Viewpoint | Play your investment with cricket lessons

June 15, 2019June 15, 2019 Loknath Dascricket, investment, Play, Viewpoint, With, Your, |

May 2019 was an action packed month for India as two of India’s three biggest obsessions (Politics, Cricket and Bollywood) kept everyone hooked to their television sets and smart phones for latest updates and live action. While the election campaign and results kept everyone interested during the first half of the month, the Cricket World Cup which commenced exactly a week after the Lok Sabha Election Results did grab a lot of eyeballs over this month. ICC Cricket World Cup—Cricket’s quadrennial 50-over event—is the most coveted prize in the world…

[Funding Alert] Facebook debuts startup investment in India with Bengaluru-based Meesho

June 14, 2019June 14, 2019 Loknath DasAlert, Bengaluru-based, debuts, Facebook, Funding, In, India, investment, Startup, With

Meesho, a Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook. This is Facebook’s first investment in an India-based startup, and is a strong demonstration of the company’s commitment to the country’s vibrant internet ecosystem, the Silicon Valley company said in a statement. Founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho has created an alternate distribution channel by empowering housewives, young mothers, aspiring entrepreneurs, students, and teachers, to launch, build and promote their online businesses…

India tops in investment in Dubai’s gold sector

May 26, 2019 Loknath DasDubai's, Gold, In, India, investment, sector, Tops

Indians lead the top 10 nationalities investing in Dubai’s gold sector followed by the citizens of Pakistan, Britain, Saudi Arabia, Switzerland, Oman, Jordan, Belgium, Yemen and Canada, according to a new report. As many as 4,086 companies operate in the gold sector in Dubai and the number of investors stands at 62,125 including 60,012 businessmen and 2,113 businesswomen, the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) said in its new report. The report includes statistics on the number of companies operating in Dubai, the…