Mumbai: Still in its early days, the Indian beauty e-commerce industry could see a slew of acquisitions over the next 3 to 4 years as smaller, direct-to-consumer (D2C) brands reach scale, following a pattern established…
New Sebi norms will help debt mutual fund…
The Securities and Exchange Board of India's revised disclosure requirements for debt mutual funds will increase transparency and help investors to take better exit calls, say mutual fund advisors. They believe that the move will…
SoftBank leads $150 million funding in Unacademy, valuation…
Japanese conglomerate SoftBank is leading a $ 150 million funding round in education technology startup Unacademy, boosting the firm's valuation to $ 1.5 billion, second only to industry leader Byju's. Existing investors Facebook, General Atlantic,…
Samsung shares could rise 50% as chip business…
Samsung Galaxy Z Fold 2SamsungAnalysts are bullish on Samsung after the company unveiled a foldable phone on Tuesday and U.S. semiconductor company Nvidia said its next-generation gaming chip will be manufactured by the South Korean…
Banks free to restructure loans, but can’t penalise…
New Delhi: Banks are free to restructure loans but they cannot penalise honest borrowers by charging interest on deferred EMI payments under the moratorium scheme during the COVID-19 pandemic, a petitioner opposing the move said…
The Fed could be locked into zero rates…
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020.Erin Scott | Bloomberg | Getty ImagesInterest rates near zero likely will stay in place not for months but…
Pharma had its run, start picking up cyclicals:…
Our fundamental thesis is for a robust recovery in the global economy over the next one year, whereby cyclicals will perform well. We would be very interested in base metals, materials and cement stocks, says…
The yuan won’t unseat the dollar soon —…
A bank employee counts U.S. currency and Chinese currency notes at a bank on August 6, 2019 in China.Xu Jinbai | Visual China Group | Getty ImagesThe yuan isn't going to unseat the U.S. dollar…