King May 26, 2019

Individual investors will soon be able to invest in Grayscale Ethereum Trust, billed as “the first U.S. publicly quoted security solely invested in and deriving value from the price of ethereum.” The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory organization (SRO), has approved public quotation of shares in the trust, Grayscale Investments announced Thursday. “All […]

King May 18, 2019

More coal-fired power plants shut down last year then were approved for construction as capital investment plunged 75 percent in just three years. Coal Plants Shutting Down at Record Pace More coal-fired power plants shut down in 2018 than were approved for construction, possibly marking the first time since the start of the Industrial Revolution in the […]

King May 14, 2019

Overall Diamond Index is based on actual transactions from 20 different market players and reflects price movements in the global diamond market. The index is updated daily. Precious Metals Index The S&P GSCI Precious Metals Index comprises gold (91.33%) & silver (8.67%) & provides a benchmark for investment performance in the precious metals commodity markets. It is […]

King May 11, 2019

London-based impact investor LeapFrog Investments said it has received commitments worth $700 million (around Rs 4,900 crore at current exchange rate) for its third fund, topping its initial target of $600 million. Investors that have made commitments in the new fund include insurers, pension funds and development finance institutions. Many limited partners from the first […]

King May 10, 2019

After making big sized investments in the Indian startup ecosystem, Japan-based telecommunications giant SoftBank is now looking to focus on early-stage startups. It had launched the $500 Mn SoftBank Acceleration Fund in March to focus on this segment and is now scouting for startups in Asia with a major focus on the Indian ecosystem. Citing […]

King April 10, 2019

NEW DELHI: India Resurgence Fund, promoted by Piramal Enterprises and Bain Capital Credit, along with its associates on Monday announced an investment of up to ₹992 crore in drug firm Panacea Biotec. “The investment proceeds will be used for a one-time settlement with existing lenders, general working capital and growth requirements of the company,” IndiaRF and Panacea Biotec said in a […]

King March 25, 2019

Online pharmacy marketplace Netmeds has acquired clinic management platform KiViHealth in a cash-and-stock deal. As a part of the deal, Netmeds has committed $10 million fund to integrate and grow the KiViHealth’s business segment. The integration will be completed by the end of 2019 and the Chennai-based startup will hire over 250 people (including KiViHealth […]