According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin. The survey covered various institutional investor segments, including financial advisors, family offices, hedge funds, endowments, foundations, and pension funds. Institutional Investors Dominate Crypto Adoption The survey findings indicate a significant […]
Samsung Electronics reported a 931.9 percent surge in operating profit during the first quarter, buoyed by the chip business that finally turned to profit after five quarters.
Venture capital investment in India doubled sequentially in the March quarter, touching $3.2 billion across 354 deals, outperforming a subdued global market, according to a new report.A total of 313 deals worth $1.6 billion were closed in the December quarter, according to KPMG Private Enterprise Venture Pulse report.Fintech continued to attract investor attention in India though marked by smaller deal sizes with key transactions such as KreditBee ($209 million), SK Finance ($160 million), and...
US office-sharing company WeWork Inc. is set to exit the Indian operations by selling its entire 27% stake in the local unit through a secondary transaction, said multiple people in the know.The estimated Rs 1,200 crore deal will also see Bengaluru-based property developer Embassy group pare its holding from 73% to 60%, said the people cited above.The combined stakes of WeWork Inc. and Embassy group totalling 40% in the Indian unit will be acquired by new investors comprising the Enam group...
A National Green Tribunal report says that close to 2,75,000 tyres are discarded in India every day, leading to disastrous consequences for the environment.
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
Ooredoo Group signed an agreement with Nokia to collaborate on private 5G deployments, a deal aimed at boosting innovation in the enterprise sector across the operator’s markets.
It's time to start taking eye health seriously. Start practicing these ten habits in your daily routine to help protect your vision for years to come.
The PM says there is a "loud minority" who will try to stop government plans to send migrants to Rwanda.
While you can't magically fix vision loss, you can take control of your eye health by living by these daily dos and don'ts.
The Rugby Football Union, RFU, and Premiership Rugby have finally agreed a new Premiership Game Partnership, worth £264m, which will shape the English game for the next eight years. It is understood that legal details are all that remain between now and the new deal being signed, with the Telegraph suggesting the central policy will []
On a range of issues, there has been improvement, but the heavy burden of domestic chores and care work on women needs to change.