Tag Archives: Fund

How to fund child’s education: Take a loan or use own funds?

Keeping your accumulated savings invested and taking an education loan instead can benefit you. Photo: Alamy Any big-ticket spending requires you to either have the required funds in place or a financing option. When dealing with long-term financial goals, such as higher education of children, you have the advantage of planning much in advance. Here’s how you can go about ... Read More »

Oman India Joint Investment Fund backs NBFC Annapurna Finance

Bhubaneswar-based non-banking financial company (NBFC) Annapurna Finance Pvt. Ltd has raised Rs 155 crore ($23 million) from mid-market private equity firm Oman India Joint Investment Fund (OIJIF). OIJIF is a joint venture of Oman’s State General Reserve Fund and State Bank of India. The firm said in a statement that the infusion was part of OIJIF’s commitment to invest Rs ... Read More »

Google pledges $1 billion to fund non-profit education

Google CEO Sundar Pichai also unveiled a programme called ‘Grow with Google’ aimed at training Americans how to get jobs or grow their businesses. Photo: Reuters Pittsburgh: Google says over the next five years it will spend $1 billion on non-profit organizations helping to raise education levels around the world and commit its employees to a million hours of volunteer work ... Read More »

China Life and Baidu to launch $1 billion internet fund

FILE PHOTO: A smartphone showing the Baidu Browser application is seen in this picture illustration, February 22, 2016. BEIJING (Reuters) – China Life Insurance Group Co and Baidu Inc will form a 7 billion yuan ($1 billion) private equity fund, targeting internet and other technology investments, China Life’s listed arm said on Thursday. The Baidu Fund Partnership will be capitalized ... Read More »

Sports lottery will fund new national sports plan, says Greg Hunt

Sports lottery will fund new national sports plan, says Greg Hunt Sports minister announces initiative which will be introduced as part of the 2017-2018 budget The sports minister, Greg Hunt, says there are great examples around the world of secure funding from a national sports lottery. Photograph: Yui Mok/PA View more sharing options Shares 26 Comments 117 Mike Hytner @mike_hytner ... Read More »

Queensland launches IET Partnership Fund

The Queensland International Education and Training (IET) Partnership Fund, launched by Queensland education minister Kate Jones, will provide A$6m over five years to support programmes and ideas that align with the strategy’s key initiatives and goals, including building market share to 20%. “IET is incredibly important to our state’s economy, contributing $2.8bn annually in export revenue and employing 19,000 Queenslanders,” ... Read More »