KKR-backed, Mumbai-based financial services group Avendus Capital, which recently secured the first close of its third private equity (PE) fund at $98 million (Rs 850 crore), is all set to clock its maiden deal from the investment vehicle, said a top executive. “We made the first close [of Avendus Future Leaders Fund III] because we had to… Continue reading Avendus Capital eyes first deal from third PE fund soonThe fund has raised capital from domestic LPs, including three insurers.
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Mitsubishi Chemical picks Bain as preferred bidder for subsidiaryThe company is likely to sell its unit to Bain Capital for more than $3.2 billion.
Mitsubishi Chemical Group picked U.S. investment fund Bain Capital as the preferred bidder for its pharmaceutical subsidiary, Tanabe Mitsubishi Pharma, the Nikkei reported on Monday. The company is likely to sell its Tanabe Mitsubishi Pharma unit to Bain Capital for more than 500 billion yen ($3.2 billion), the report said. Mitsubishi Chemical was not immediately… Continue reading Mitsubishi Chemical picks Bain as preferred bidder for subsidiaryThe company is likely to sell its unit to Bain Capital for more than $3.2 billion.
Trump signs executive order to reverse Biden’s electric vehicle policies
/ He also signaled his intention to rollback tailpipe emission standards, which will worsen greenhouse gas emissions. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Image: Cath Virginia… Continue reading Trump signs executive order to reverse Biden’s electric vehicle policies
Tesla Cybercab spotted with steering wheel raises questions
A Tesla Cybercab, or Robotaxi, Tesla has been using the names alternatively, has been spotted with a steering wheel – raising questions. Last year, Tesla unveiled the Cybercab, a two-seat steering wheel-less electric vehicle that the automaker claims will power a fleet of autonomous ride-hailing vehicles. At the unveiling, Tesla gave some rides in the… Continue reading Tesla Cybercab spotted with steering wheel raises questions
RedNote Recruited US Influencers to Promote App Amid TikTok Ban Uncertainty
As TikTok’s future hangs in the balance, Xiaohonghshu, better known as RedNote in English, is trying to capitalize on its newfound popularity by partnering with US influencers who can help promote the company and bring more Americans onto its platform. The Chinese lifestyle and travel app, which has over 300 million mostly monthly active users,… Continue reading RedNote Recruited US Influencers to Promote App Amid TikTok Ban Uncertainty
Best Running Underwear to Beat Burn on Your Bits (2025)
Why should you trust me on chafing? Well, I once ran the equivalent of 67 marathons in 67 days with a 25-pound backpack on. This is my toolkit for anyone trying to avoid pain. Lube up: Anti-chafing products like petroleum jelly or specialized balms are your best anti-chafe defense. Even if your carefully selected fabrics… Continue reading Best Running Underwear to Beat Burn on Your Bits (2025)
Canon’s new livestreaming app doesn’t support Canon cameras
Canon has just launched “Live Switcher Mobile,” a new iOS livestreaming app that supports up to three camera views you can swap between with just a few taps. The app currently only works with Apple devices, and it strangely doesn’t support Canon’s own cameras. Live Switcher Mobile can let users specify how many seconds a… Continue reading Canon’s new livestreaming app doesn’t support Canon cameras
Samsung Care+ now offers $0 screen repair, but it will cost you
I am the first to admit that I am quite clumsy, so I always buy extra care protection for my devices. However, I’m still always shocked by the price of fixing whatever inevitable water damage or cracked screen I bring in. So, it’s nice to see that Samsung Care+ with Theft and Loss has updated… Continue reading Samsung Care+ now offers $0 screen repair, but it will cost you
China suggests it’s open to a US deal for TikTok after all
China has provided the strongest indication yet that it’s willing to secure a deal that will keep TikTok up and running in the US. The country previously claimed it would block any forced sale of the app but said something different after President-elect Donald Trump indicated he’d be open to 50-50 joint ownership of TikTok… Continue reading China suggests it’s open to a US deal for TikTok after all
X adds a dedicated video tab to fill the TikTok void
TikTok bid adieu to its US users over the weekend before returning for an encore with no clear ending. But, it’s now joined by a few copycats, including X (formerly Twitter). X announced late Sunday night in owner Elon Musk’s typical cringy fashion (see here) that its US users now have a dedicated tab for… Continue reading X adds a dedicated video tab to fill the TikTok void