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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.
Prime Investor asks investors to exit all Franklin funds“Underperformance of the equity mutual fund schemes, slide in assets under management (AUM), loss of confidence, and botched handling of events, likely flight of talent and change of sponsor are some reasons that have led to … Read MoreRBI to set up task force to review working of ARCsReconstruction companies have in the past requested the RBI to issue guidelines regarding eligibility of ARCs to act as Resolution Applicant in insolvency cases.
from Stocks-Markets-Economic Times https://ift.tt/3sZJi6n
… Read MoreMoratorium not required in today’s situation: GuvThe entire state of Maharashtra is in a lockdown for non-essential services and localised and night lockdowns are being observed in many pockets of the country, including the national capital, to restrict the surge in cases.
… Read MoreSGX Nifty up 20 points; here's what changed for market while you were sleepingAsia equities are set for a sluggish open on Wednesday after Wall Street pulled back from record highs reached in previous sessions, as investors eye the upcoming earnings season for more signs of a recovery following a serie… Read MoreSebi imposes Rs 25 cr penalty on Ambani brothers and othersThe regulator alleged that the 6.83 per cent stake, which was acquired by RIL’s promoters together with persons acting in concert (PACs) in 2000, was in excess of the ceiling of 5 per cent prescribed in the takeover code.
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