In a recent Twitter speech, #NithinKamath, the founder of Zerodha, addressed how liquidation preferences and the gap between valuations and business fundamentals might affect businesses' ability to raise money.
https://www.livemint.com/news/india/liquidation-preferences-gap-between-valuations-and-business-fundamentals-can-impact-startups-from-funding-nithin-kamat-11682424905273.html
https://www.livemint.com/news/india/liquidation-preferences-gap-between-valuations-and-business-fundamentals-can-impact-startups-from-funding-nithin-kamat-11682424905273.html
mint
Liquidation preferences, gap between valuations and business fundamentals can impact startups from funding: Nithin Kamat
In a recent Twitter speech, Nithin Kamath, the founder of Zerodha, addressed how liquidation preferences and the gap between valuations and business fundamentals might affect businesses' ability to raise money.
#HarryBelafonte, a singer, songwriter & groundbreaking actor who started his entertainment career belting "Day O" in his 1950s hit song "Banana Boat" before turning to political activism, has died at the age of 96.
Read here: https://www.livemint.com/news/world/harry-belafonte-singer-of-jamaican-farewell-banana-boat-dies-at-96-11682432289689.html
Read here: https://www.livemint.com/news/world/harry-belafonte-singer-of-jamaican-farewell-banana-boat-dies-at-96-11682432289689.html
The first group of Indians was evacuated from the conflict-hit #Sudan on Tuesday, under 'Operation Kaveri'.
This was the first phase of the operation and 278 Indians were evacuated through an Indian Navy warship for Saudi Arabia's Jeddah.
Read here: https://www.livemint.com/news/india/india-evacuates-278-people-from-conflict-hit-sudan-under-operation-kaveri-11682417566629.html
This was the first phase of the operation and 278 Indians were evacuated through an Indian Navy warship for Saudi Arabia's Jeddah.
Read here: https://www.livemint.com/news/india/india-evacuates-278-people-from-conflict-hit-sudan-under-operation-kaveri-11682417566629.html
Shiromani Akali Dal patriarch and former five-time chief minister of Punjab #ParkashSinghBadal died at a private hospital in Mohali on Tuesday. He was 95.
Read here: https://www.livemint.com/news/india/parkash-singh-badal-former-punjab-cm-passes-away-at-95-11682437255953.html
Read here: https://www.livemint.com/news/india/parkash-singh-badal-former-punjab-cm-passes-away-at-95-11682437255953.html
The Supreme Court said on Tuesday that the Governors must clear pass the bills passed by the legislature as soon as possible.
https://www.livemint.com/news/supreme-court-orders-swift-action-from-governors-to-clear-passed-bills-as-soon-as-possible-11682442515153.html
https://www.livemint.com/news/supreme-court-orders-swift-action-from-governors-to-clear-passed-bills-as-soon-as-possible-11682442515153.html
mint
Supreme Court orders swift action from Governors to clear passed bills: ‘As soon as possible’
In an order to the Governors, the Supreme Court said, ‘The word ’as soon as possible' has a significant Constitutional intent and must be borne in mind by constitutional functionaries'
Adani Ports has commenced its $130 million buyback of bonds, and S&P Global Ratings believe this tender should reduce the company's refinancing risk.
https://www.livemint.com/companies/news/adani-ports-reduces-refinancing-risk-with-130-million-bonds-buyback-s-p-explains-why-11682433694417.html
https://www.livemint.com/companies/news/adani-ports-reduces-refinancing-risk-with-130-million-bonds-buyback-s-p-explains-why-11682433694417.html
mint
Adani Ports reduces refinancing risk with $130 million bonds buyback, S&P explains why
Adani Group-backed ports and logistics operator on Monday commenced a tender offer to purchase for cash up to $130 million in an aggregate principal amount of the outstanding 3.375% Senior Notes which are due in July 2024.
India's top three #IT companies displayed significant drops in new hiring this fiscal year amid weak numbers and global economic conditions like banking crises in the United States and Europe.
https://www.livemint.com/news/india/infosys-and-these-2-top-indian-it-companies-saw-65-drop-in-hiring-during-fy23-11682430043846.html
https://www.livemint.com/news/india/infosys-and-these-2-top-indian-it-companies-saw-65-drop-in-hiring-during-fy23-11682430043846.html
mint
Infosys and THESE 2 top Indian IT companies saw 65% drop in hiring during FY23
The hiring crises in IT companies were particularly visible during the last quarter of the fiscal year when the banking crises in the US and Europe surfaced
More and more, the world’s biggest money managers are split over how much further #inflation will retreat from the highest levels in decades.
https://www.livemint.com/economy/worlds-biggest-money-managers-are-divided-on-inflation-s-path-11682432831963.html
https://www.livemint.com/economy/worlds-biggest-money-managers-are-divided-on-inflation-s-path-11682432831963.html
mint
World’s biggest money managers are divided on inflation’s path
More and more, the world’s biggest money managers are split over how much further inflation will retreat from the highest levels in decades
For #IndiGo, another 480 jets, largely narrow-body aircraft and some turboprop jets, are in the pipeline, which will be inducted just before 2030.
Read here: https://livemint.com/companies/news/indigo-in-talks-to-buy-20-wide-body-planes-for-int-l-ops-11682444789796.html
Read here: https://livemint.com/companies/news/indigo-in-talks-to-buy-20-wide-body-planes-for-int-l-ops-11682444789796.html
The #G7 leaders summit in #Hiroshima will be held from 19-21 May.
https://www.livemint.com/news/world/joe-biden-to-attend-g7-leaders-summit-in-japan-here-s-what-s-on-agenda-11682475832309.html
https://www.livemint.com/news/world/joe-biden-to-attend-g7-leaders-summit-in-japan-here-s-what-s-on-agenda-11682475832309.html
mint
Joe Biden to attend G7 leaders' summit in Japan; here's what's on agenda
President Joe Biden will also attend Quad leaders' summit in Sydney, Australia on 24 May bringing together the United States, Australia, Japan and India.
Revenge travel : That was one of the dominant trends globally post the #COVID pandemic. While that trend continues to play out, foreign holidays are all the rage among Indians now.
https://www.livemint.com/money/personal-finance/indians-opt-for-foreign-holidays-post-pandemic-but-prices-soar-southeast-asia-a-more-affordable-alternative-for-summer-travel-11682446281171.html
https://www.livemint.com/money/personal-finance/indians-opt-for-foreign-holidays-post-pandemic-but-prices-soar-southeast-asia-a-more-affordable-alternative-for-summer-travel-11682446281171.html
mint
How to plan your foreign trip amid skyrocketing airfares
Indian travellers are now looking to visit destinations other than Europe and US to cut costs
Affordable housing is a novel concept allowing homebuyers to own a house at a median price range when property dearness has become a common trend.
https://www.livemint.com/money/personal-finance/how-affordable-housing-finance-is-proving-a-boon-for-millions-of-homebuyers-explained-11682483840382.html
https://www.livemint.com/money/personal-finance/how-affordable-housing-finance-is-proving-a-boon-for-millions-of-homebuyers-explained-11682483840382.html
mint
How affordable housing finance is proving a boon for millions of homebuyers- Explained
Affordable housing finance is a boon for millions of homebuyers who wish to buy a house but need more material resources to invest in projects
#Alibaba is cutting the cost of its cloud services by as much as half, a move that could win users from rivals such as #Tencent Holdings at a time it’s considering spinning off the fast-growing Aliyun business.
Read here: https://www.livemint.com/market/stock-market-news/alibaba-cuts-cloud-prices-to-spur-growth-before-possible-ipo-11682486677988.html
Read here: https://www.livemint.com/market/stock-market-news/alibaba-cuts-cloud-prices-to-spur-growth-before-possible-ipo-11682486677988.html
As the row between #AirIndia pilots and the company is nowhere to end, pilots' union wrote a letter to #RatanTata seeking help for quicker resolution of the issue.
Read here: https://www.livemint.com/companies/news/air-india-pilots-ratan-tata-for-help-salary-structure-revamp-row-widens-hr-policy-11682491879500.html
Read here: https://www.livemint.com/companies/news/air-india-pilots-ratan-tata-for-help-salary-structure-revamp-row-widens-hr-policy-11682491879500.html
Recently, a #Reddit user shared his experience where he asked ChatGPT to apply for jobs on his behalf and also create a personalised #CV accordingly.
https://www.livemint.com/technology/tech-news/reddit-user-ask-chatgpt-to-create-outstanding-cv-gets-massive-interview-calls-11682501911229.html
https://www.livemint.com/technology/tech-news/reddit-user-ask-chatgpt-to-create-outstanding-cv-gets-massive-interview-calls-11682501911229.html
mint
Reddit user asks ChatGPT to create ‘outstanding CV’, gets massive interview calls
A Reddit user shared his experience where he asked ChatGPT to apply for jobs on his behalf and also create a personalised CV accordingly
Ukrainian President #VolodymyrZelensky said he had a "long and meaningful" phone call with Chinese President #XiJinping -- the first between the two leaders since the start of #Russia's invasion.
Read here: https://www.livemint.com/news/world/president-xi-tells-zelensky-talks-and-negotiation-are-only-way-out-11682508520590.html
Read here: https://www.livemint.com/news/world/president-xi-tells-zelensky-talks-and-negotiation-are-only-way-out-11682508520590.html
Nearly 2.31 billion #Aadhaar-based authentications were witnessed in March, outpacing Feb’s 2.26 billion authentications, according to data released by the Ministry of Electronics & IT.
https://www.livemint.com/news/india/aadhaarbased-authentications-surpass-2-3-billion-in-march-e-kyc-transactions-jump-by-16-3-meity-data-11682512491374.html
https://www.livemint.com/news/india/aadhaarbased-authentications-surpass-2-3-billion-in-march-e-kyc-transactions-jump-by-16-3-meity-data-11682512491374.html
mint
Aadhaar-based authentications surpass 2.3 billion in March
Aadhaar e-KYC service continues to play a stellar role for banking and non-banking financial services by providing transparent and improved customer experience, and helping in ease of doing business.
#Bitcoin touched $30,000 on Wednesday are traders indicated that they anticipate the Federal Reserve to infuse capital into the economy in the near future due to indications of another US bank failure.
https://www.livemint.com/market/cryptocurrency/bitcoin-touches-30000-11682513885425.html
https://www.livemint.com/market/cryptocurrency/bitcoin-touches-30000-11682513885425.html
mint
Bitcoin rises 10%, touches $30,000 for second time in April
This is the second time Bitcoin has hit the $30,000 mark this month after being stuck between $26,500 to $29,400 during March
India has jumped 6 places top rank 38 in World Bank’s #Logistics Performance Index 2023, Ministry of Commerce & Industry said on 26 April.
India has seen remarkable improvement on 4 out of 6 LPI indicators, added the ministry.
Read here: https://www.livemint.com/economy/india-jumps-6-places-in-world-bank-s-logistics-performance-index-2023-11682517293546.html
India has seen remarkable improvement on 4 out of 6 LPI indicators, added the ministry.
Read here: https://www.livemint.com/economy/india-jumps-6-places-in-world-bank-s-logistics-performance-index-2023-11682517293546.html
The lenders shares were last down 20% at $6.51, after losing nearly half of their value on Tuesday.
https://www.livemint.com/industry/banking/first-republic-bank-shares-hit-record-low-amid-skepticism-over-turnaround-plan-11682518290167.html
https://www.livemint.com/industry/banking/first-republic-bank-shares-hit-record-low-amid-skepticism-over-turnaround-plan-11682518290167.html
mint
First Republic Bank shares hit record low, plans mass layoff at year end
First Republic Bank shares plunged 39.2% on Wednesday, an ongoing rout that has erased over 50% of its value just this week. The bank plans to layoff up to a quarter of its workforce, which totaled about 7,200 employees at the end of last year
Jio Studios may invest as much as ₹3,000 crore to boost Jio Cinema’s subscription and advertising revenues, according to the estimates of three film trade experts.
https://www.livemint.com/industry/media/jio-studios-to-invest-3-000-crore-to-boost-jiocinema-set-to-release-100-movies-and-web-originals-plans-to-charge-nominal-subscription-fee-11682440826446.html
https://www.livemint.com/industry/media/jio-studios-to-invest-3-000-crore-to-boost-jiocinema-set-to-release-100-movies-and-web-originals-plans-to-charge-nominal-subscription-fee-11682440826446.html
mint
Will RIL’s latest content splash boost JioCinema subscription?
JioCinema is considering a subscription fee for movies at a fraction of what rivals charge