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SoftBank arm may venture into India with Loginext investment

SoftBank Ventures Asia, an early-stage funding arm of Japan’s internet and telecommunication giant SoftBank, might enter the Indian market with an investment in logistics management software provider Loginext Solutions Pvt Ltd. According to various sources, SoftBank Ventures Asia has been in talks with Loginext since April. Interestingly, Loginext is backed by Vijay Shekhar Sharma’s Paytm, in which SoftBank has a major investment. Founded in 2000, SoftBank Ventures Asia is based in Korea and it scouts for start-ups with a strong potential in Asia, the US, Israel, and the EU, focussing…

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Staying active in midlife may depend on mental wellbeing

The researchers found that leisure-time physical activity did not predict later mental well-being or subjective health, but mental well-being predicted physical activity. Staying active in midlife may depend on mental wellbeing (Representational Image)  |  Photo Credit: Getty Images London: Staying physically active in midlife depends a lot on your overall satisfaction with life or mental wellbeing a decade earlier, not just your physical health, suggests new research. Men and women with high mental well-being at the age of 42 were more physically active at the age of 50 compared to those who…

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Softbank may invest in Jio as Mukesh Ambani deleverages business

NEW DELHI: Japan’s Softbank is reportedly looking to make a $2-3 billion investment in India’s fastest-growing telecom firm Reliance Jio as billionaire Mukesh Ambani looks to deleverage business by selling stakes. This comes on the back of reports of Saudi giant Aramco in discussions to buy a 25% stake in Reliance Industries’ refining and petrochemical business for $10-15 billion. “Softbank has long been seen as a potential investor in Jio,” JPMorgan said in a research report.”For the past 2 years, our conversations with investors have highlighted expectations of Softbank investing in Jio and hence…

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Why 4G ULIPs may be a great investment option for you

The performance of 4G ULIPs is better than most other investment products in terms of returns and charges. In the investment circles, the benefits of investing early in life have been repeated over and over again. By the time most of us realize that we should start saving and investing, we find ourselves surrounded with responsibilities and wonder if we have wasted too much time to buy good investment products. The good news is that it is never too early or too late to start investing. The key lies in…

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Clear signs of investment recovery, upturn may last to up to 2022-23: RBI paper

There is growing evidence suggesting a definite upturn in investment activity in India since 2016-17, a latest RBI paper has said. The upturn in the current investment cycle is estimated to last up to 2022-23 when the investment rate is estimated to increase up to 33 percent of GDP from the current level of 31 percent. However, this will require policy efforts on multiple fronts such as further improving ease of doing business, expediting resolution of stressed assets, addressing the NPA problem and speeding up implementation of stalled projects, said…

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10 Education Stories You May Have Missed This Summer

NPR’s weekly education roundup is back after a short hiatus. This edition features a longer list to catch you up on the news you may have missed over the long, hot summer. Elizabeth Graeber for NPR 1. Student loan ombudsman resigns, and slams the door In a scathing resignation letter, provided to NPR, Seth Frotman, the top official in charge of protecting students at the Consumer Financial Protection Bureau, said the Trump administration “has turned its back on young people and their financial futures.” EDUCATION The School Shootings That Weren’t 2. NPR…

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