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THE ASCENT OF MONEY
Strides Pharma sells majority stake in arm Pivot Path for Rs 100 croreStrides Pharma Science has divested a majority stake in its subsidiary, Pivot Path, for Rs 100 crore to a consortium led by Ascent Capital ...- After workers, beggars replaced by robots: Viral video from China makes netizens question if begging will face 'layoffs'A Unitree humanoid robot was filmed soliciting donations on a Chinese street, claiming it needed funds for recharging. This incident follow...
- Could today’s AI-driven S&P 500 rally end like the 1929 crash or the dot-com bubble after CAPE hits 40? What the Shiller CAPE ratio signals amid rising Wall Street bubble fearsStock Market CAPE Ratio hits 40, a rare level last seen before the 1929 crash and the 1999 dot-com bubble burst, raising fresh Wall Street ...
- First Taiwan, then South Korea? How global AI supercycle is demoting Indian stock marketA global AI-led market shift is driving massive foreign capital outflows from India toward East Asia’s technology hubs, with overseas inves...
- Movie dialogue of the day by Leonardo DiCaprio: ‘Are you behind your credit card bills? Is your landlord ready to evict you? Your girlfriend thinks you are a loser? I want you to deal with your problems by becoming rich’ - Wolf of Wall Street's dialogue explores wealth, status and validationThe Wolf of Wall Street's iconic quote, 'I want you to deal with your problems by becoming rich,' delivered by Leonardo DiCaprio's Jordan B...
- Nifty's 23,600 line in the sand: Why missing this level could pull the index to 22,800Nifty’s recent profit booking has made 23,600 a crucial support level, with a breach potentially dragging the index to 22,800, says Geojit’...
- Nirmal Narvekar, Harvard’s $57 billion Indian-American money manager, bows outNirmal Narvekar, the Indian-American financier behind Harvard University's massive endowment, is set to retire in 2027. His tenure saw a si...
- AI wins have Alphabet poised to become world’s biggest companyAlphabet is rapidly closing in on Nvidia for the title of the world's largest company. Alphabet's strong presence in AI, from search to clo...
- Shapoorji Pallonji to close Rs 25,400 crore financing by mid-MayShapoorji Pallonji Group is set to raise about Rs 25,400 crore by May 15. This funding will be used to refinance existing debt. The group i...
- SP Group to raise Rs 25,400 crore via bonds, loansShapoorji Pallonji Group is nearing the closure of a ₹25,400 crore debt raise by May 15, featuring annual coupons around 18.75%. This fundr...
- Quote of the day by Sufi mystic Rumi: ‘You know the value of every article of merchandise, but if you don’t…’Rumi, a 13th-century Sufi mystic, highlights the irony of valuing material possessions over one's own soul. He emphasizes that true wealth ...
- PMS Tracker: March meltdown ensured 97% of strategies sank up to 22%; Money Grow, ASK Investment bled the mostIndian PMS strategies suffered steep losses in March, with 97% delivering negative returns amid a war-led market selloff. Small and midcap ...
- Ratan Tata's help ensured success for maiden Indian civilian expedition on Mount EverestIn 1997, a team of young mountaineers from Maharashtra abandoned their initial Everest expedition due to lack of resources. Upon securing f...
- Tortoise India should 'Just Chill', will catch up with hare China: Author of The Ascent of Money, Niall FergusonRenowned historian and Harvard professor Niall Ferguson suggested India to "just chill" as he predicts a positive trajectory for India. Dra...
- Dental tech startup Toothsi raises $5 millionThe company plans to use the money to expand to 15 cities in India, enhance its backend research and development, and invest in technology.
- FreshToHome in talks for fresh $130 million fundingFreshToHome is finalising a $130-million round from a clutch of investors, including Investcorp, Saudi corporate venture capital firm Raed ...
- Apple app maker Robosoft picks up Rs 74 crore from Ascent Capital, KalaariRobosoft will use the money to hive off its subsidiaries 99Games and Global Delight as separate companies, as well as to expand its service...
- Budget 2012: Venture Capitalists fear setback, to meet officials shortlyThe Venture Capital Association is planning to meet finance ministry officials shortly to discuss the impact some of the Budget proposals.
- Ascent Capital to invest Rs 200 crore in Karaikal portPrivate equity firm Ascent Capital would invest Rs 200 crore in Karaikal Port, as part of Karaikkal Port expansion plans.
- "Think out of the box," says Kishore BiyaniFor corporate India grappling with a talent crunch, here’s a contrarian view from Kishore Biyani, CEO, Future Group.
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