Nestasia, an online home decor and lifestyle brand, has raised $4 million in a Series A round led by Stellaris Venture Partners. A group of more than 60 high net worth individuals, including entrepreneurs and industry professionals such as MamaEarth’s Varun Alagh, Delhivery’s Sahil Barua and Deutsche India’s Dilip Khandelwal, ... Read More »
Homeownership is considered a core part of achieving the American Dream. However, that achievement is slipping out of reach of many Americans these days. U.S. homeownership has been at record lows throughout this decade. More Americans are renting as a response while managing with stagnant wage growth. The path to ... Read More »
Mumbai Grahak Panchyat (MGP), the consumer rights group, has raised 52 objections to draft rules framed by Maharashtra government under central government’s Real Estate (Regulation and Development) Act and criticised them as anti-consumers and builder friendly. Though the Act is passed by the Parliament, the Act allows states to frame ... Read More »
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Google’s aggressive push into cloud computing, where it trailsAmazon.com and Microsoft, has put the internet giant in the lead position to land a marquee client: PayPal. While Google is the front-runner, according to people familiar with the matter, PayPal is evaluating the other leading providers and hasn’t made any final ... Read More »
Florian Hense, economist at Berbenberg, says low eurozone inflation of 0.2% in August is concerning for the European Central Bank: August, just like the first seven months, does not provide much evidence for a material shift in price dynamics. This remains an ongoing source of concern for the ECB. But ... Read More »
BEIJING—The World Health Organization has warned China that its coveted Silk Road program can result in the spread of disease, because movements of people and goods can transfer viruses, too. “We have learned from many years of experience that with movement of people, goods and services, diseases also move around,” Margaret ... Read More »
Indiabulls Real Estate said that it has raised Rs 25 crore by issuing non-convertible debentures (NCDs). Last month, the Mumbai-based company had announced that it proposed to raise up to Rs 200 crore through issue of NCDs on a private placement basis. So far, the company has raised Rs 131 crore in three tranches. ... Read More »
LONDON — The British pound dropped sharply Tuesday to a 31-year low on concerns that the country’s decision to leave the European Union will cause a steep slide in U.K. commercial real estate values and hurt the wider economy. Markets were jittery after three financial firms stopped trading in their ... Read More »
External Affairs Minister Sushma Swaraj today strongly raised with her Chinese counterpart Wang Yi the issue of China blocking its bid to have JeM chief and Pathankot terror attack mastermind Masood Azhar designated as a terrorist by the UN. Swaraj took up the issue with Wang at a bilateral meeting ... Read More »
