Search Results for: equity investors

Reliance Retail buys Kishore Biyani's Future Group businesses for Rs 24,713 cr

Future Group's portfolio composition in apparel, general merchandise and own FMCG brands will allow for a wider offering to its customers.

Aug 30, 2020

Apple and Tesla split their shares, but does it matter

Shares of Apple Inc and Tesla Inc will be less costly on Monday as pre-announced stock splits take effect, in theory making them more accessible to retail investors, but as more brokers offer fractional shares, some in the market question the need.

Aug 28, 2020

Lord & Taylor at Palisades Park Mall West in New York

Lord & Taylor is going out of business after 194 years; hosts final clearance sale

The first US department store Lord & Taylor decides to finally shut down all of its stores soon, after being in the business for nearly 200-years, ever since its launch in 1826.

Aug 28, 2020

TikTok to challenge Donald Trump's executive order

TikTok said it had tried to engage with the U.S administration for nearly a year, but faced "a lack of due process" and that the government paid no attention to the facts.

Aug 23, 2020

COVID era highlights US 'black hole' compensation fund for pandemic vaccine injuries

A US government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used to address any potential side effects from a coronavirus shot.

Aug 21, 2020

Swara Bhasker talks about human trafficking-based show Flesh & more: Exclusive

In an exclusive and free-wheeling conversation with International Business Times, India, Swara Bhasker spoke at length about her role in the show Flesh, shared her views on system and law, how her character is similar to Radha that she is essaying in the show, her take on content obsession that the audience has for box office numbers and why human trafficking is one of the most underrepresented issues in Bollywood.

Aug 20, 2020

Donald Trump's presidential car runs on Goodyear tyres; someone tell him

US President Donald Trump called for a boycott on Goodyear tyres, but someone really needs to remind him of what tires his presidential limo Beast has.

Aug 19, 2020

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

This investment represents around 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, Tresara Health Private Limited, Netmeds MarketPlace Limited and Dadha Pharma Distribution Private Limited.

Aug 19, 2020

Indian craft brewer Bira talking to foreign beer makers about possible stake sale: Report

Data provider PitchBook estimates Delhi-based Bira was valued at $210 million in 2018. US-based Sequoia Capital holds a roughly 45% stake in the company, while CEO Jain and his family own around 30%.

Aug 12, 2020

Deception, disinformation part of China's game plan with India

This was deduced by the Delhi Policy Group (DPG), one of India's oldest think tanks on strategic and international issues of critical national interest, from the statements from a series of meetings between senior Army commanders, foreign ministers and ministries and the special representatives on the border question of the two countries.

Aug 10, 2020

India's equity mutual funds show first outflows in more than four years

India's equity mutual funds had outflows last month for the first time in more than four years as investors, worried by a share price crash in March due to the coronavirus pandemic, took their money out as stock prices recovered.

Aug 10, 2020

Political correctness in space: NASA to eliminate offensive names from planets

Stephen T Shih, NASA's Associate Administrator for Diversity and Equal Opportunity lauded the recent move from the space agency.

Aug 8, 2020

India should focus on protecting economy, says ex-RBI governor

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

Aug 6, 2020

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Draft Defence Production policy makes defence sector 'Atnmanirbhar' [Full Text]

The policy aims to provide impetus to self-reliance in defence manufacturing under the Atmanirbhar Bharat Scheme.

Aug 3, 2020

Microsoft confirms talks to buy TikTok in US by September 15

The Satya Nadella-led company in a blog post revealed that Microsoft has discussed the security concerns with Trump and it plans to seal the deal with TikTok's parent company Bytedance by September 15, 2020.