Services Archives

China’s tech services are a top investment pick amid decoupling with the US, says CITIC Capital CEO

January 22, 2020January 22, 2020 Loknath Dasa, Amid, Are, Capital, China's, CITIC, decoupling, investment, pick, Says, Services, Tech, The, Top, US, With

Consumption, healthcare and technology are three sector picks for investing in China, said CITIC Capital’s top executive on Tuesday. “For us, the top priority … is still on consumption, because it’s still growing at a higher rate than GDP growth,” said Zhang Yichen, chairman and CEO at CITIC Capital, the flagship investment arm of Chinese state-owned conglomerate CITIC Group. China’s GDP growth was 6.1%, down from 6.6% in 2018 as the economy took a hit from its bitter trade war with the U.S. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Zhang said health care is…

Pawan Hans’ regional chopper services plan hit by divestment process

May 7, 2018 Loknath Dasby, chopper, divestment, Hans’, Hit, Pawan, Plan, Process, Regional, Services

State-run Pawan Hans’ plan to launch helicopters under the regional connectivity scheme Udan have run into rough weather amid the ongoing disinvestment process and non-availability of choppers, the company’s union has alleged. Pawan Hans, in which the government has proposed to sell its entire 51 per cent stake to private players, has the mandate to fly on 11 routes across Assam, Himachal Pradesh, Manipur and Uttarakhand under phase two of Udan scheme. Oil sector behemoth ONGC holds the remaining 49 per cent in the mini-ratna PSU. It has a fleet…

Blockchain Investment Services: What Small Business Owners Should Know

December 21, 2017 Loknath DasBlockchain, business, investment, Know, Owners, Services, Should, Small, What

All economies are built on the basic premise of bartering. Before the creation of currencies, humans exchanged goods by trading one good (or a basket of goods) for another. If someone wanted some of his neighbor’s catch from the day, perhaps he would trade three shucks of corn from his field for one fish–thus initiating a trade. As society advanced, humans began to use precious metals to assign value to objects. No longer did people trade three shucks of corn for a fish–no, now they had to give the fisherman…

India Funding Roundup: An Online Legal Services Provider, Loan Marketplace, and More

April 16, 2016 Srijitaan, and, Funding, India, Legal, Loan, Marketplace, More, Online, Provider, Roundup:, Services

Our latest funding roundup compiles seed stage investments in Indian subscription based grocery delivery startups, legal services providers, loan application portals, and proximity marketing firms. Deal4Loans Noida-based Deal4Loans, a loan information and application portal that provides information on personal, home, car and business loans, and credit cards from different banks has raised an undisclosed amount of funding from international investors, including Ram Shriram, Neeraj Arora, Samir Sood, and Puru Vashishtha. Founded in 2009, the company has reportedly booked over Rs. 10,000 crores in loans through seven million customers. LegalRaasta Online…

TeamLease Services IPO Opens: Read This Before Investing

March 17, 2016 SrijitaBefore, Investing, IPO, Opens:, Read, Services, TeamLease, This

As of November 30, 2015 TeamLease had 1.05 lakh associate employees, serving over 1,021 clients and 1,218 full time employees based out of eight offices in India. TeamLease Services, which provides blue collar as well as white collar staff across industry sectors, is selling nearly 50 lakh shares in the price band of Rs 785-Rs 850 through its initial public offer, which hit markets today. Here are the 10 things to know about this TeamLease IPO: 1. Investors have to buy a minimum of 15 shares in the IPO which…