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Sequoia Capital India, which has backed startups including Zomato, Oyo, Byju's, among hundred others, has racked up $195 million for its second seed fund, in addition to the $1.35 billion corpus it raised for India and Southeast Asia in July last year.
Tata Sons FY20 profit doubles with TCS helpThe holding company of the Tata Group has so far written off Rs 60,000 crore of its investments in the loss-making telecom business. Revenue from operations, which mainly comprise dividend income and brand royalty fees, rocke… Read MoreFuture Enterprises board meets tomorrow to seal RIL dealThe acquisition could give Reliance Retail sway over a network of nearly 1,800 stores and bring in Rs 26,000 crore in additional sales that will help RIL control more than a third of India’s organised retail market.
from Sto… Read MoreSGX Nifty up 30 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 29.50 points, or 0.25 per cent higher at 11,627.50, in signs that Dalal Street was headed for a positive start on Friday.
from Stocks-Markets-Economic Times https://ift.tt/2QtKg… Read MoreBankers raise alarm over negative returnsAccording to data released by the government, consumer inflation — that is year-on-year growth in consumer price index — was close to 7% in July, with food inflation being higher at 9.6% due to supply disruptions during the p… Read MoreStocks in the news: Edelweiss Financial Services, GMR Infra, ZEEL, NMDC, IOC and M&MGMR Infrastructure's consolidated net loss for the quarter ended June 30 more than doubled to nearly Rs 834 crore.
from Stocks-Markets-Economic Times https://ift.tt/3hC6eCU
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