Kotak realty fund gets $500 million anchor commitment from ADIA
Kotak Investment Advisors has secured an anchor investment of USD 500 million from the Abu Dhabi Investment Authority (ADIA) for its 13th real estate fund, a USD 1 billion platform targeting real estate investments in the country. With this new fund, Kotak Investment Advisors has raised, managed or advised more than USD 3.3 billion under […]
Want to Archive Twitter? Good Luck With That
From the moment Elon Musk closed his Twitter deal, the network’s diehard users have taken steps to eulogize it. People have downloaded their own archive from Twitter. Others have started threads with screenshots of their all-time favorite tweets. And there’s an ongoing Google doc cataloging Twitter trends and memes, a guide that could serve one […]
Elon Musk Is Overloaded
Tesla’s stock has fallen significantly in the months since Musk announced his plan to acquire Twitter. Yoffie says that may be a sign investors worry he is stretched too thin. In 2018, when Tesla suffered a production crunch, Musk rallied his workers and slept some nights at the factory. He may be less able to […]
HDFC Capital selects 10 startups for funding and support
HDFC Capital through its innovative Housing and Real Estate Technology Platform has organised the HDFC Real Estate Tech Innovator’s Challenge 2022 in partnership with Invest India, Housing and Urban Affairs Minister Hardeep Puri said at the event.
Kotak Mahindra Bank rules out CEO Uday Kotak’s son as boss
Jay Kotak, son of founder Uday Kotak who has led the business since establishing it in 1985, is not a contender for the role, according to KVS Manian, the firm’s whole-time director.
Elon Musk Has Put Twitter’s Free Speech in Danger
But Raman Jit Singh Chima, senior international counsel and Asia Pacific policy director at Access Now, worries that Twitter under Musk may not continue with the lawsuit. (In his August countersuit against Twitter, Musk cited the lawsuit in India as a threat to the company’s presence in its third largest market.) “It would be a […]
Banks yet again look at NBFC lending as credit demand is back, asset quality improves
Banks’ outstanding credit to non-banking financial companies (NBFCs) has risen on the back of high demand for credit, stabilising asset quality trends and improving collection efficiency, bankers and industry experts have told Moneycontrol. Banks’ credit to NBFCs rose by 30.6 percent year on year (YoY) to Rs 11.7 lakh crore in September 2022, mainly due to […]
83% of young workers will quit companies without a Diversity and Inclusion policy: Report
Diversity, equity and inclusion are very important for GenZ and millennials. In India, 85 percent of young workers between the ages of 18 to 24 feel there is a lack of diversity and inclusion policies and 82 percent feel that a gender pay gap exists and is unfair, according to a recent report. Further, 83 […]
The Secret Ballot Is US Democracy’s Last Line of Defense
Though foreign Disinformation campaigns have targeted the 2022 United States midterm elections to a degree, most of the pressure on US voting infrastructure has come from inside the house. Violent domestic threats against election officials have soared around the country in the past couple of years, endangering workers and, increasingly, driving them from the profession […]
HDFC to raise up to Rs 5,500 crore via bonds on November 17
The secured redeemable non-convertible debentures (NCDs) issue will have a base size of Rs 4,000 crore with an option to retain oversubscription of up to Rs 1,500 crore. PTI November 15, 2022 / 02:02 PM IST HDFC Mortgage lender HDFC will raise up to Rs 5,500 crore by issuing bonds on private placement basis to […]