Canada will raise capital gains taxes on businesses and wealthy individuals to help pay for tens of billions in new spending aimed at making housing more affordable and improving the lives of young people.
CVC Capital Partners, a Luxembourg-based private equity group, aims to raise €1.25 billion through a listing in Amsterdam in the coming weeks involving both new and existing shares. The company, founded over 40 years ago, officially confirmed its plans on Monday, after two earlier attempts failed because of volatility on the financial markets. The company has €186 billion in assets under management and invests in companies, debt and infrastructure. CVC has a workforce of 1,154 people, of whom...
Gaming and interactive media venture capital firm Lumikai is aiming to close 10-12 investments in pre-seed and Series A firms over the next few years from its $50-million India fund II, according to its founding general partner, Salone Sehgal.The VC firm has $58 million in assets under management from 15 portfolio companies, which have collectively raised more than $120 million, Sehgal told ET. Even though we're a seed-stage investor, more than 70% of our portfolio companies are revenue...
Zypp Electric, a startup that manages electric vehicle fleets for delivery firms and bike taxi operators, is in talks to raise a fresh round of funding of $40 million led by Silicon Valley-based fund Tribe Capital, two people in the know said.The Gurugram-based startup is likely to be valued at $300-350 million, these people said. This is almost double from its last valuation of around $165-170 million, ascribed after its February 2023 fundraise of $25 million in a mix of debt and equity led by...
A16z announced that it has raised a new $600 million games fund as part of a $7.2 billion raise for the venture capital company.
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.
Organised by Dan, a young person at the hospital and Chloe Eagle, Head of Phoenix School, the 5km walk took place in Norfolk Heritage Park, Sheffield. Cygnet Hospital Sheffield, on East Bank Road, is a 55-bed hospital which offers a low secure service for women and Child and Adolescent Mental Health services for male and female adolescents over three wards. Dan is a service user on Pegasus Ward, a 13 bed general adolescent acute service, providing support for young people, both male and female....
Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
April is dedicated to raising awareness for colorectal cancer treatment and prevention.
Dogecoin could be heading toward an imminent sell-off that could tank its price as a significant tranche of coins is about to move into profit. In such a case, it would not be out of the ordinary to see a large number of investors sell off their holdings as they move to secure some profit. […]
Ryan McMahon singled against a pulled-in infield to cap a two-run 10th inning, and the Colorado Rockies beat the Seattle Marines 2-1 in the first game of a split doubleheader in Denver on Sunday. Ezequiel Tovar had three hits, including an RBI single to tie the game in the 10th, and Jake Cave and Brenton Doyle had two hits each for Colorado, which snapped a six-game skid. The game was scoreless heading into the 10th after a wild finish to the bottom of the ninth. With two outs Jacob Stallings...
Last year 85,000 bike thefts were reported to the police, up 10% on 2022 and a 25% increase on 2019 before the coronavirus pandemic, according to research by comparison website Independer. Most bikes were stolen in Noord-Holland province, which accounted for some 20,000 of the total, with almost 11,000 of that down to Amsterdam. But the increase in thefts was greatest in Flevoland province, where the number of bikes reported stolen rose by one third to 1,190. Bike thefts also