San Francisco:Pinterest has held talks to buy VSCO, a photography app that spawned a teenage social media craze, according to two people with knowledge of the matter. The discussions are ongoing, said the people, who…
RBI allows relaxation to payment operators on various…
MUMBAI: In a move set to bring relief for payment companies and banks, the Reserve Bank of India has relaxed timelines prescribed for compliance with recent regulatory and security related guidelines. With companies operating with…
Do debt funds still have a place in…
Dr Neelam RaniDebt funds are under the spotlight. Over the past couple of months, this relatively obscure sibling of equity funds has been in the news for all kinds of reasons: from Franklin Templeton freezing…
View: NSE lies the head that bears the…
The National Stock Exchange (NSE) was envisaged as a bourse based just outside Mumbai (Navi Mumbai) providing a countrywide platform for smaller exchanges to plug in to. This was 1991 and the dominant bourse, the…
ECB set to scale up stimulus as new…
Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board at ECB headquarters on March 12, 2020 in Frankfurt, Germany.Thomas LohnesThe European Central Bank (ECB)…
Read the e-mail SpaceX President Gwynne Shotwell sent…
Gwynne Shotwell, SpaceX COOGetty ImagesSpaceX launched humans into orbit on May 30 for the first time, sending NASA astronauts to the International Space Station.The company's milestone coincided with nationwide protests against racism and police brutality that…
Black corporate, nonprofit leaders say protests point to…
Corporate and nonprofit leaders are echoing the anger, pain and frustration expressed by many Americans after the death of George Floyd, the 46-year-old black man who died in police custody in Minneapolis on May 25…
Near-term loss in arbitrage schemes likely: MFs
Mumbai: Three mutual funds — Edelweiss, Kotak and IDFC — have warned investors of either near-term losses or poor returns in arbitrage schemes, with spreads turning negative and causing money-making opportunities to shrink. These funds…
What factors will drive FII flows into Indian…
FII money will come and go depending on the overall outlook or overall money flow situation globally, says Founder, Carnelian Capital Advisors.Are the markets assuming that economic activity will rebound? In every crisis, whether it…