Investment
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Amazon has picked a fintech startup as its first bet in India’s wealth management sector
Smallcase, which helps in stock market investments, boasts over 32 lakh users.
Ananya Bhattacharya, qz.com & Mimansa Verma, qz.com
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How American stock markets helped an Indian mutual fund tide over the Covid-19 slump
In July, the Parag Parikh Long Term Equity Fund delivered a year-on-year return of 17% in comparison to the average 0.56% by its peers.
Prathamesh Mulye, Qz.com
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Bitcoin’s returns have been excellent – but experts still advise Indian investors to be cautious
The cryptocurrency is only suited for a risk-tolerant investor who has the capacity to absorb losses and book profits at the right time, they say.
Prathamesh Mulye, Qz.com
Trending
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The dark side of wind energy along Gujarat’s coast
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Kalakshetra abuse controversy should force a rethink of power hierarchies in ‘classical’ dance world
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‘Viduthalai Part 1’ review: A blistering portrayal of power run amok
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India’s ‘thought-free’ universities and the danger of the ripples from a single dissenting pebble
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‘Gaslight’ review: Exactly who is being gaslit here?
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Reliance Jio announces investment of over Rs 6,500 crore by private equity firm General Atlantic
Reliance Jio said that the investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
Scroll Staff
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Reliance Industries announces investment by US-based Vista Equity Partners Ltd into Jio Platforms
Vista will subsequently hold a 2.32% equity stake in Jio Platforms.
Scroll Staff
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Fresh investments plunged by 87% during the April-June quarter compared to last year, says CMIE
CMIE also said that commissioning of projects dropped by 61% during the first quarter of 2019-’20.
Scroll Staff
Video
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Watch: Policemen help elderly man collect spilled grains after the sack fell off his motorcycle
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Watch: Traffic constable’s dog rides on motorbike in watermelon-shell helmet to raise awareness
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Watch: Toddler shoots basketball through hoop behind his back, stuns father and brother
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Watch: Mumbai’s Gateway of India is the backdrop for Christian Dior fashion show
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Watch: Rescuers pull out devotees who fell into Indore temple stepwell after the roof collapsed