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Bitcoin Grabs Attention of World’s Largest Pension Fund Based in Japan
Japan’s Government Pension Investment Fund (GPIF) is considering diversifying investment portfolios. The organisation is launching a research programme to study other potential investment assets like farmland, gold, Bitcoin among others.
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Repeated Probe Agency Summons To Ex-Kerala Minister Unjustified: Court
The Kerala High Court on Monday said there was "no justification" for the repeated summons to senior CPI(M) leader Thomas Isaac by the Enforcement Directorate (ED) in connection with the probe into alleged violations by KIIFB.
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China Corruption Watchdog Probing Head of State-Backed Chip-Focused ‘Big Fund’: Details
China’s Central Commission for Discipline Inspection is investigating Ding Wenwu, the head of the China Integrated Circuit Industry Investment Fund, also known as the "Big Fund", according to the corruption watchdog. The state-backed chip-focused fund was launched to accelerate the country’s semiconductor industry, and Wenwu is "suspected of se...
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Sputnik Light Covid Vaccine Shows 78.6-83.7% Efficacy Among Elderly: Russian Maker
The Russian Direct Investment Fund (RDIF) on Wednesday announced that the Russian Sputnik Light coronavirus vaccine demonstrates 78.6-83.7 per cent efficacy among the elderly.
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Dr Reddy's, Russian Firm RDIF Begin Clinical Trials For Covid Vaccine Sputnik V In India
Dr Reddy's Laboratories and the Russian Direct Investment Fund (RDIF) on Tuesday announced the start of adaptive phase 2/3 clinical trials for COVID-19 vaccine Sputnik V in India after receiving necessary clearance from the Central Drugs Laboratory in Himachal Pradesh.
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Jio Platforms to Receive Rs. 11,367 Crores Investment from Saudi Arabia’s Public Investment Fund
Jio Platforms has received an investment of Rs. 11,367 crore by Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) for an equity stake of 2.32 percent.
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Saudi, US Firms Eye Stakes in Reliance Jio: Report
Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company.
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SoftBank-Saudi Tech Fund Becomes World's Biggest With $93 Billion of Capital
The fund said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.
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The Mystery Behind A $700 Million Donation From The Saudi Royal Family To The Malaysian PM
Shortly before Malaysia's 2013 election, $681 million was quietly transferred into private bank accounts belonging to Prime Minister Najib Razak. These enormous transfers would later become the subject of scrutiny from Malaysian investigators as they looked at Najib's role in a controversial and debt-heavy government investment fund.
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Government Ready To Further Simplify Start-Up Listing Norms: Jayant Sinha
Government will further streamline and simplify norms, if required, to help start-ups get listed on the domestic stock exchanges, Minister of State for Finance Jayant Sinha said on Saturday.
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Indian-American To Lead University Of California's Investment Fund
A prominent Indian-American businessmen will lead a venture to collect funds for University of California with an aim to invest in innovation opportunities.
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India, UAE Launch Forum to Evaluate Business Opportunities
India and the UAE have launched a forum to discuss strategies and solutions to investor challenges in India due to taxation and policy related issues and evaluates business opportunities in infrastructure, alternative energy, tourism and finance sectors.
-
Indian-Origin Investment Adviser Admits to $9 Million Facebook Stock Fraud
An investment adviser of Indian descent has admitted to a $9million-fraud involving Facebook stock Thursday, the Federal Bureau of Investigation announced.
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Malaysian PM Najib Razak Dismisses Funds Report as 'Political Sabotage'
Malaysia's premier Najib Razak on Friday dismissed as "political sabotage" a report that a probe into a state-owned investment fund had found hundreds of millions of dollars were transferred to his personal bank accounts.
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Arafat's former aide faces embezzlement charges
The top Palestinian anti-corruption campaigner says he wants the shadowy financial adviser of the late Yasser Arafat to appear before a Palestinian court on embezzlement charges. Anti-Corruption Commission chief Rafik Natche told the Voice of Palestine radio today that Mohammed Rashid is suspected of transferring millions of dollars out of the Pale...
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Bitcoin Grabs Attention of World’s Largest Pension Fund Based in Japan
Japan’s Government Pension Investment Fund (GPIF) is considering diversifying investment portfolios. The organisation is launching a research programme to study other potential investment assets like farmland, gold, Bitcoin among others.
-
Repeated Probe Agency Summons To Ex-Kerala Minister Unjustified: Court
The Kerala High Court on Monday said there was "no justification" for the repeated summons to senior CPI(M) leader Thomas Isaac by the Enforcement Directorate (ED) in connection with the probe into alleged violations by KIIFB.
-
China Corruption Watchdog Probing Head of State-Backed Chip-Focused ‘Big Fund’: Details
China’s Central Commission for Discipline Inspection is investigating Ding Wenwu, the head of the China Integrated Circuit Industry Investment Fund, also known as the "Big Fund", according to the corruption watchdog. The state-backed chip-focused fund was launched to accelerate the country’s semiconductor industry, and Wenwu is "suspected of se...
-
Sputnik Light Covid Vaccine Shows 78.6-83.7% Efficacy Among Elderly: Russian Maker
The Russian Direct Investment Fund (RDIF) on Wednesday announced that the Russian Sputnik Light coronavirus vaccine demonstrates 78.6-83.7 per cent efficacy among the elderly.
-
Dr Reddy's, Russian Firm RDIF Begin Clinical Trials For Covid Vaccine Sputnik V In India
Dr Reddy's Laboratories and the Russian Direct Investment Fund (RDIF) on Tuesday announced the start of adaptive phase 2/3 clinical trials for COVID-19 vaccine Sputnik V in India after receiving necessary clearance from the Central Drugs Laboratory in Himachal Pradesh.
-
Jio Platforms to Receive Rs. 11,367 Crores Investment from Saudi Arabia’s Public Investment Fund
Jio Platforms has received an investment of Rs. 11,367 crore by Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) for an equity stake of 2.32 percent.
-
Saudi, US Firms Eye Stakes in Reliance Jio: Report
Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company.
-
SoftBank-Saudi Tech Fund Becomes World's Biggest With $93 Billion of Capital
The fund said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.
-
The Mystery Behind A $700 Million Donation From The Saudi Royal Family To The Malaysian PM
Shortly before Malaysia's 2013 election, $681 million was quietly transferred into private bank accounts belonging to Prime Minister Najib Razak. These enormous transfers would later become the subject of scrutiny from Malaysian investigators as they looked at Najib's role in a controversial and debt-heavy government investment fund.
-
Government Ready To Further Simplify Start-Up Listing Norms: Jayant Sinha
Government will further streamline and simplify norms, if required, to help start-ups get listed on the domestic stock exchanges, Minister of State for Finance Jayant Sinha said on Saturday.
-
Indian-American To Lead University Of California's Investment Fund
A prominent Indian-American businessmen will lead a venture to collect funds for University of California with an aim to invest in innovation opportunities.
-
India, UAE Launch Forum to Evaluate Business Opportunities
India and the UAE have launched a forum to discuss strategies and solutions to investor challenges in India due to taxation and policy related issues and evaluates business opportunities in infrastructure, alternative energy, tourism and finance sectors.
-
Indian-Origin Investment Adviser Admits to $9 Million Facebook Stock Fraud
An investment adviser of Indian descent has admitted to a $9million-fraud involving Facebook stock Thursday, the Federal Bureau of Investigation announced.
-
Malaysian PM Najib Razak Dismisses Funds Report as 'Political Sabotage'
Malaysia's premier Najib Razak on Friday dismissed as "political sabotage" a report that a probe into a state-owned investment fund had found hundreds of millions of dollars were transferred to his personal bank accounts.
-
Arafat's former aide faces embezzlement charges
The top Palestinian anti-corruption campaigner says he wants the shadowy financial adviser of the late Yasser Arafat to appear before a Palestinian court on embezzlement charges. Anti-Corruption Commission chief Rafik Natche told the Voice of Palestine radio today that Mohammed Rashid is suspected of transferring millions of dollars out of the Pale...
