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…
Shares of Rocket Companies, a large short target…
Shares of Rocket Companies rallied as much as 70% Tuesday in a surprising move on no apparent new news. The online mortgage provider currently has large short bets placed against it by hedge funds and…
Cashfree joins hands with PayPal to help SMEs…
BENGALURU: Bengaluru-based payments and banking technology company, Cashfree, has announced its partnership with PayPal to enable international payments for merchants. Businesses using Cashfree’s payment gateway will be able to add the PayPal Express Checkout option…
A major Chinese bitcoin mining hub is shutting…
A visual representation of the cryptocurrency bitcoin.S3studio | Getty ImagesGUANGZHOU, China — China's Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on…
SBI Mutual Fund launched SBI International Access –…
SBI Mutual Fund has announced the launch of SBI International Access - US Equity FoF, an open-ended Fund of Fund scheme that would invest in mutual fund scheme/ETFs that further invests in the US markets.…
Investor Michael Farr: Inflation worries are rising, but…
Yellow Dog Prod. | Image Bank | Getty ImagesAfter a wild final week of a volatile month, it's becoming increasingly clear that something is spooking investors. That something is the potential for a surge in…
Gold, silver futures drop up to 1.5%
NEW DELHI: Gold and silver futures fell on Tuesday, even as analysts believe the recent risk-off sentiment may revive safe-haven bets for bullion. Analysts said the upcoming announcement of further stimulus measures by the newly…
China’s most important chipmaker SMIC could be a…
A close up image of a CPU socket and motherboard laying on the table.Narumon Bowonkitwanchai | Moment | Getty ImagesGUANGZHOU, China — Chinese chipmaker SMIC could be a beneficiary of the global chip shortage, according…