Bengaluru: Online home design startup Livspace has raised $70 million in a funding round led by private equity firm TPG Capital and Goldman Sachs as it seeks to expand to new cities, open a large number of stores and accelerate sales growth. The Series C round of funding by Livspace (Home Interior Designs E-commerce Pvt. Ltd) is one of the largest funding rounds by a vertical e-commerce startup, many of which have struggled to attract capital in the past two years.
(Sept 19): Alibaba Group Holding Ltd. co-founder Jack Ma cautioned China’s business and political leaders to prepare for the trade war with the U.S. to last longer and have a bigger impact than most people think.
Mumbai: Kumar Mangalam Birla, the billionaire chairman of the acquisitive Indian conglomerate that bears his name, said he’s hungry for more deals after creating the nation’s biggest mobile-phone operator. His Aditya Birla Group continues to look for targets in the US, Europe and India that make business sense and are likely to add value, the 51-year-old said at Bloomberg’s India Economic Forum on 18 September in Mumbai.
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Here are a few things to know about General Mills’ (NYSE:GIS) earnings report for its fiscal first quarter of the year.
(Sept 19): For officials in Beijing, the worry about Donald Trump’s latest tariffs isn’t the impact on trade: Rather it’s the steady march toward a long-term competition that could thwart China’s rise.
Bengaluru: Months after Walmart forked out $16 billion to buy 77% of Flipkart, the Indian e-commerce firm’s group chief executive Binny Bansal said the world’s largest retailer had made a bargain buy. In an interview with San Francisco-based news website Recode on Tuesday, Bansal refuted a claim made earlier that Walmart overpaid for Flipkart and insisted that the US-based retail giant had, in fact, made a long-term bet on India that would pay off over the next five to ten years.
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Adobe Systems (ADBE - Free Report) closed the most recent trading day at $270.79, moving +0.97% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.54%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.76%.
Shares of Salesforce (CRM - Free Report) are up over 7% in the last month as the customer relationship management firm continues its impressive run. So, let's take some time to see why Salesforce stock appears to be a strong buy even as it sits near its new high.
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(Sept 19): The chief executive officer of the Qatar Investment Authority is leaving after almost four years at the helm of one of the world’s largest sovereign funds, according to people with knowledge of the matter.
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8h zacks - 2
Pot stocks are hot! Canadian cannabis producer Tilray (TLRY - Free Report) surged more than 25% today after announcing that the US Drug Enforcement Administration (DEA) has granted approval to import a cannabinoid study drug into the US.
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