Twitter Leads $100M Investment In Sharechat, India’s ‘Rival To WhatsApp’

Twitter Leads $100M Investment In Sharechat, India’s ‘Rival To WhatsApp’

Twitter has led a $100 million Series D in Sharechat, what has been described by BBC as “India’s homegrown rival to WhatsApp,” according to TechCrunch’s Manish Singh and various other news outlets. The round values Sharechat at around $650 million, according to TC, which cited an...
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Mukesh Ambani promises investment in J&K and Ladakh, says Reliance will create special task force

Mukesh Ambani promises investment in J&K and Ladakh, says Reliance will create special task force

A file photo of Reliance Industries Chairperson Mukesh Ambani. | AFP Reliance Industries Chairperson Mukesh Ambani on Monday said that the Reliance group will create a special task force and will make several announcements related to the investment in the...
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Tweaks In Super Rich Cess Expected As PMO, Finance Ministry Meet To Discuss Impact

Tweaks In Super Rich Cess Expected As PMO, Finance Ministry Meet To Discuss Impact

In the Budget 2019, Finance Minister Nirmala Sitharaman had proposed a higher surcharge on those earning over Rs 2 crore. Since the tax implications cover individuals or HUF or association of persons or body of individuals (domestic or foreign), the...
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PEs invested $34 bn mostly in commercial real estate since 2014: Knight Frank

PEs invested $34 bn mostly in commercial real estate since 2014: Knight Frank

The Indian real estate sector attracted $34 billion worth of private equity investment since 2014, largely in the commercial segment, which comprises office, retail and warehousing, , said a report titled ‘Brick by brick – Moving towards Housing ...
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‘NBFC/HFC lending to real estate players down 48 per cent in FY’19 at Rs 27,000 cr’

‘NBFC/HFC lending to real estate players down 48 per cent in FY’19 at Rs 27,000 cr’

New Delhi: Lending to real estate developers by non-banking finance companies and housing financeNSE -1.35 % firms (HFCs) fell by almost half to about Rs 27,000 crore because of liquidity crisis triggered by IL&FS default in September last, according t...
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Will borrowers benefit if RBI regulates housing finance companies? 4 experts weigh in

Will borrowers benefit if RBI regulates housing finance companies? 4 experts weigh in

The Budget has proposed that the RBI, and not the National Housing Bank, regulate housing finance companies. ET Wealth asks industry experts and consumer activists if this will benefit customers. Neera Saxena, MD and CEO, GIC Housing Finance says YES &#8...
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