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 20, 2019

When the sun rises in this remote region of northern Kenya at 6 a.m., it is a new dawn for Missionary Sr. Lilly Manavalan. Her day starts with a trek for over an hour across a deep valley to reach the streets where she can find vulnerable children living with HIV. On a normal day, […]

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 17, 2019

As Tetra Pak unveils its future factory plans, it hopes the carton you drink out of will get smarter, more sustainable This August, Tetra Pak has invited its customers in the subcontinent — beverage and food producers — to its factory at Chakan, near Pune. The agenda, says Ashutosh Manohar, Managing Director, South Asia Markets […]

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 May 7, 2019

In August 2016, I faced a task many startup founders fear most: I had to lay off more than 50 percent of our staff just two years after founding my company. I personally had to look these team members in the eye, tell them they’d be losing their jobs that day and watch their expressions […]