As part of its efforts toward building machines that learn like humans do, Facebook has announced a new project designed to automatically learn audio, textual, and visual representations from the data in publicly available videos…
How IPOs give the ‘illusion of diversity’ with…
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City.Angela Weiss | AFP | Getty ImagesWarner Music Group Corp., the label for artists…
Softbank-backed SB Energy singed; pulls maiden $600 million…
MUMBAI: In a big setback, Softbank and Bharti backed SB Energy’s maiden bond issuance that aimed to raise $ 600 million from global institutional investors was pulled on Monday, following lukewarm investor response, said five…
HealthQuad to hike fund pool to Rs 900…
NEW DELHI: HealthQuad, a home grown healthcare venture fund is likely to approach Sebi to increase the green-shoe option of its second fund by Rs 200 crore. The company has announced the closure of its…
We have no plans to lay off any…
BENGALURU: Wipro chairman Rishad Premji said the IT services company has not laid off any employee and has no plans to retrench employees due the Covid-19 pandemic impact on business. Premji, who took charge in…
Virus boosts digital payments in India where cash…
By Vrishti Beniwal and Suvashree GhoshThe coronavirus outbreak may finally accomplish what India’s shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab…
What is a long-short strategy fund?
1. Long-short is the largest hedge fund strategy and falls under the AIF category-III. 2. Through this strategy, a fund manager expects to participate and profit from the rise and fall in certain stocks. 3.…
Buy IT stocks on dips and look for…
Well run private banks are a better play versus some of these standalone NBFCs or credit card loan companies, says the Founder and CEO, Envision Capital.You track the IT space very closely. While the Q1…