Tag: Investment

Mumbai: Private equity funds in India invested $26.3 billion across 793 deals during 2018, a report said on Tuesday. According to Bain & Company’s ‘2019 India Private Equity Report’, consumer tech and banking, financial services and insurance (BFSI) remained the largest industry sectors for investment by value. “While consumer tech investment was still large at $7 […]

New Delhi: Hospitality unicorn OYO’s valuation has almost doubled in a year, reaching $10 billion between September 2018 and October 2019, despite significant losses in the financial year ending on March 31. The losses have reportedly mounted due to the rise in operating expenses fuelled by the company’s aggressive expansion in overseas markets. The provisional […]

Washington: US President Donald Trump has confirmed that his administration has asked for the withdrawal of billions of dollars in American pension fund investments in China and that other similar actions are under consideration. The US and China relations have deteriorated after the coronavirus outbreak. The US has expressed disappointment over Beijing’s handling of the […]

New Delhi: Google CEO Sundar Pichai on Monday announced a Google for India digitisation fund through which, the company will invest Rs 75,000 crore or approximately $10 billion over the next five to seven years to help India go digital. “We will do this through a mix of equity investment, partnerships and an operational infrastructure […]