Fidelity: US Pension Funds Explore Crypto And Bitcoin, Eyeing $10 Trillion AUM
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Samsung set to mass-produce 12-layered HBM3E in Q2, eyes Nvidia deals
Samsung Electronics reported a 931.9 percent surge in operating profit during the first quarter, buoyed by the chip business that finally turned to profit after five quarters.
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VC investment in India doubles to $3.2 billion across 354 deals in March quarter: report
Venture capital investment in India doubled sequentially in the March quarter, touching $3.2 billion across 354 deals, outperforming a subdued global market, according to a new report.A total of 313 deals worth $1.6 billion were closed in the December quarter, according to KPMG Private Enterprise Venture Pulse report.Fintech continued to attract investor attention in India though marked by smaller deal sizes with key transactions such as KreditBee ($209 million), SK Finance ($160 million), and...
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WeWork to sell 27% stake in India unit via Rs 1,200 crore secondary deal
US office-sharing company WeWork Inc. is set to exit the Indian operations by selling its entire 27% stake in the local unit through a secondary transaction, said multiple people in the know.The estimated Rs 1,200 crore deal will also see Bengaluru-based property developer Embassy group pare its holding from 73% to 60%, said the people cited above.The combined stakes of WeWork Inc. and Embassy group totalling 40% in the Indian unit will be acquired by new investors comprising the Enam group...