NHAI to be flag-bearer of Centre’s Rs 6 lakh crore asset monetisation plan

The National Highways Authority of India (NHAI) will be the flag-bearer of the government’s asset monetisation programme with a plan to raise about Rs 30-40,000 crore through monetisation of its operational stretches over the next two years. The company officials indicated that the disruptions in wake of pandemic delayed some of its asset monetisation plan,… Continue reading NHAI to be flag-bearer of Centre’s Rs 6 lakh crore asset monetisation plan

SE Asia tech dealmaking booms as investors place post-COVID bets

Fintech and e-commerce companies in Southeast Asia are raising hefty amounts of capital as global investors bet on post-pandemic technology plays, bankers and investors said, a trend that is also stoking concerns about frothy valuations. Public equity capital raising by Southeast Asian firms has surged to a four-year high of $8.4 billion this year, data from Refinitiv shows, with… Continue reading SE Asia tech dealmaking booms as investors place post-COVID bets

China Digest: HK’s DayDayCook agrees to SPAC merger; Primavera sets up US office

Hong Kong’s DayDayCook will merge with a blank-cheque firm to go public in the US, while Primavera Capital Group has officially established its US office. HK-based DayDayCook heads to Nasdaq via SPAC DayDayCook, a Hong Kong-based online cooking community platform backed by Alibaba, has agreed to merge with a special purpose acquisition company (SPAC) to go… Continue reading China Digest: HK’s DayDayCook agrees to SPAC merger; Primavera sets up US office

@niche: A New Chapter, A Continued Mission: Introducing Our Head of Investor Relations, Henry Kwon001174

Through my career in finance, I recognized that the most successful companies were those with a great team, differentiated proprietary technologies, and the ability to address a large and growing market. Xos has all three of these elements, which is why I’m so excited to work here and serve as Chief Financial Officer as we… Continue reading @niche: A New Chapter, A Continued Mission: Introducing Our Head of Investor Relations, Henry Kwon001174

@niche: KTM AND JOSEP GARCIA SIGN TWO-YEAR CONTRACT EXTENSION001174

Dear Sir/Madam, Welcome to our Press Center. May we express our pleasure at the fact that you have chosen to use the pool of information regarding our company and its products and services. This information and content is made available by KTM Sportmotorcycle GmbH, Betriebsgebiet Süd, Stallhofner Straße 3, A-5230 Mattighofen, Austria, and we are… Continue reading @niche: KTM AND JOSEP GARCIA SIGN TWO-YEAR CONTRACT EXTENSION001174

PE firm Everstone prepares to exit India’s Sahyadri Hospitals

Private equity firm Everstone has initiated the process to exit Sahyadri Hospitals two years after backing the institution. It is targeting an internal rate of return (IRR) of 50-60%. Private equity and venture capital firms typically look at a 5-6 year investment horizon and target an IRR of 20-30%. Seven to eight investors have shown… Continue reading PE firm Everstone prepares to exit India’s Sahyadri Hospitals

St Kitts and Nevis Supports Over 5,000 Low-Income Families with Funds from Citizenship by Investment

LONDON, Aug. 27, 2021 /PRNewswire/ — During a national press conference, the Federation of St Kitts and Nevis’ Prime Minister Timothy Harris reiterated some of the ways his Team Unity government is supporting citizens as the world continues to tackle the economic downturn caused by the pandemic. This involved introducing a number of measures designed… Continue reading St Kitts and Nevis Supports Over 5,000 Low-Income Families with Funds from Citizenship by Investment

Asia Digest: Australia-listed Appen buys SG’s Quadrant; PEP invites bids for Intellihub …

ASX-listed data company Appen announced that it has acquired Singapore-based mobile-location data firm Quadrant, while Australia-based Pacific Equity Partners (PEP) has launched bids for Intellihub with a deadline of September 27. Appen buys Quadrant in cash and shares ASX-listed data company Appen has acquired the Singapore-based mobile-location data firm Quadrant. Appen will make an upfront… Continue reading Asia Digest: Australia-listed Appen buys SG’s Quadrant; PEP invites bids for Intellihub …

A Bad Solar Storm Could Cause an ‘Internet Apocalypse’

Scientists have known for decades that an extreme solar storm, or coronal mass ejection, could damage electrical grids and potentially cause prolonged blackouts. The repercussions would be felt everywhere from global supply chains and transportation to internet and GPS access. Less examined until now, though, is the impact such a solar emission could have on… Continue reading A Bad Solar Storm Could Cause an ‘Internet Apocalypse’

Peloton lowers price of its Bike to $1,495

For the second time in less than a year, Peloton is cutting the price of its entry-level stationary bike. Starting today, you can buy the machine, without any additional extras like cycling shoes, for $1,495. That’s nearly a 20 percent discount from the $1,895 price the company has sold the bike for since September of… Continue reading Peloton lowers price of its Bike to $1,495