Tag Archives: plans

Ola plans to invest in Avail Finance

Bengaluru: ANI Technologies-owned Cab aggregator Ola plans to invest an undisclosed sum in Avail Finance as part of its deal with the latter to build financial solutions for its base of 1.5 million driver partners. Avail Finance said on Monday it had already raised $9 million in the Series A round led by Matrix Partners in addition to the proposed undisclosed sum from ... Read More »

Indiabulls Housing Finance shares jump 4% on fundraising plans

Indiabulls Housing Finance share price rose in trade today after the firm said it would deliver 17-19 per cent net profit growth in FY20 & plans to raise Rs 26,000 crore in four quarters of FY20. Reacting to this, shares of the company rose by almost 4 per cent on Thursday. The total resources raised in Q4FY19 were Rs 17,300 ... Read More »

Did Jeff Bezos Just Hint at Amazon’s Plans for an Alexa-Based Home Robot?

HIGHLIGHTS Was his post a teaser for his company’s next device? Bloomberg in April reported on plans to release a mobile Echo robot Or maybe Bezos’s kids were just messing around Did Jeff Bezos’s kids really use blue painters’ tape to attach an Amazon Echo speaker to a robot vacuum cleaner? Or was his Instagram post on Monday just a teaser for his company’s next device? ... Read More »

After years of shunning fixed maturity plans, Franklin Templeton re-enters the segment

Among the top 15 fund houses in terms of fixed income assets, 78.9% of Franklin Templeton’s fixed income assets lie in securities rated AA & lower; the most in such companies. What is special about Franklin Templeton Asset Management (India) Ltd launching a new fixed maturity plan (FMP)? On 20 March, it launched a new fund called Franklin India Fixed ... Read More »

Nokia 6, Nokia 5, Nokia 3 Android Oreo Beta Testing Plans Confirmed

HMD Global, soon after announcing Android 8.0 Oreo beta for the flagship Nokia 8, has now confirmed the same for the rest of its Android smartphone lineup. HMD Global’s Chief Product Offer Juho Sarvikas in a tweet revealed that Nokia 3, Nokia 5, and Nokia 6 will join the beta testing programme soon. Unfortunately, a timeline for the Android 8.0 Oreo beta build wasn’t ... Read More »

Government has no plans to remove Rabindranath Tagore from school books: Prakash Javedekar

The text on Rabindranath Tagore will not be removed from school textbooks, HRD Minister Prakash Javedekar assured Rajya Sabha on Tuesday. Replying to TMC MP Derek O’Brien’s question during the zero hour, Javadekar said that the government has respect on Tagore and all others who had contributed to the freedom and literature of the country. “We hail everybody and nothing ... Read More »

Plans in place for ‘massive’ Christmas market by the River Mersey

Santa has already agreed to appear at Liverpool’s big Christmas market (Photo: MARTTI KAINULAINEN/AFP/Getty Images)Get What’s On updates directly to your inbox + Subscribe Plans are in place for a massive festive market on the Liverpool waterfront that can handle whatever weather December throws at it. The River Mersey Christmas Market will be held in the cosy confines of the ... Read More »

Toyota plans to invest $10bn in US

Japanese car giant Toyota says will invest $10bn (£8.2bn) in the US over the next five years – the latest car giant to announce major investments. The firm’s North America chief executive, Jim Lentz, announced the decision at the Detroit motor show. He said it had nothing to do with President-elect Donald Trump’s hostility to imported cars, but was part ... Read More »

Murdoch plans Sky bid tactic that would squeeze out opponents

Rupert Murdoch is planning a form of takeover for Sky that would make it easier for his 21st Century Fox group to squeeze out shareholders opposed to the £11.2bn deal. Advisers on the transaction between Sky and Fox, which is expected to lodge an official bid later this week, are pursuing a so-called “scheme of arrangement”. This tactic, which requires ... Read More »