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Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Scopely has agreed to buy Niantic’s gaming business. The Niantic games business generated more than $1 billion (roughly Rs. 8,702 crore) in revenue from 30 million monthly active users last year, Scopely said.
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India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
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How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
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India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
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Gita Gopinath On What India Needs To Do To Become Developed Nation By 2047
Gita Gopinath of the International Monetary Fund (IMF) has called for more investments in health and public infrastructure in India and a workforce that's way more skilled.
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How To Make Rs 1 Crore By Investing In PPF
The Public Provident Fund (PPF) stands out as a robust and reliable investment option for individuals seeking tax-saving avenues coupled with long-term financial security.
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Bitcoin Funds To Debut On Public Markets, Get US Regulators' Approval
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
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US Pension Funds Invest Billions In China Despite Security Fears: Report
In all, the Future Union report said, various US public pension funds have more than $73.28 billion in Chinese stocks.
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Cristiano Ronaldo Puts End To Saudi Exit Rumours, Pledges To Stay Another Season
Reports have linked a string of other big names to the Saudi Pro League thanks to the riches of the Public Investment Fund, the sovereign wealth vehicle behind LIV Golf and the purchase of Premier League club Newcastle United, as well as Ronaldo's signing.
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Elon Musk Had 'Handshake Deal' for Tesla Takeover Before Posting 2018 Tweets, Former Aide Says
Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...
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PhonePe Announces Shift of Domicile From Singapore to India
PhonePe, a part of the Walmart-controlled Flipkart group, announced that it has completed the process of moving its domicile from Singapore to India. The development comes ahead of its plans to launch an initial public offering (IPO) for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments...
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Enforcement Directorate Begins Money Laundering Probe Into 'Keepsharer' Chinese App That Duped Youth
The Enforcement Directorate said on Monday that it has launched a probe into a Chinese "controlled" mobile app that allegedly duped a number of youngsters in the country. The agency stated that it had seized funds worth Rs. 5.85 crore in raids on least 12 entities in Bengaluru linked to "Chinese controlled" mobile app Keepsharer. The agency claims ...
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Ongoing Crypto Market Meltdown Provides Cautionary Tale for US Public Pension Funds
The ongoing cryptocurrency market meltdown could prove to be a cautionary tale for US public pension funds. Amid a plunge in prices for Bitcoin and other cryptocurrencies in recent weeks, crypto lenders have declared bankruptcy and others are facing a cash crunch. A handful of public pension funds that have dipped their toes in the crypto pool over...
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Elon Musk's 'Tesla Funding Secured' Tweet Inaccurate and Reckless, Says Court
Elon Musk's 2018 tweets that said funding was secured to take Tesla private was inaccurate and reckless, a US court said. The court further stated that "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
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Gautam Adani Considers A Deal That Didn't Work Out For Mukesh Ambani
The Adani group, led by Indian tycoon Gautam Adani, has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country's Public Investment Fund, according to the people.
-
Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Scopely has agreed to buy Niantic’s gaming business. The Niantic games business generated more than $1 billion (roughly Rs. 8,702 crore) in revenue from 30 million monthly active users last year, Scopely said.
-
India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
-
How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
-
India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
-
Gita Gopinath On What India Needs To Do To Become Developed Nation By 2047
Gita Gopinath of the International Monetary Fund (IMF) has called for more investments in health and public infrastructure in India and a workforce that's way more skilled.
-
How To Make Rs 1 Crore By Investing In PPF
The Public Provident Fund (PPF) stands out as a robust and reliable investment option for individuals seeking tax-saving avenues coupled with long-term financial security.
-
Bitcoin Funds To Debut On Public Markets, Get US Regulators' Approval
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
-
US Pension Funds Invest Billions In China Despite Security Fears: Report
In all, the Future Union report said, various US public pension funds have more than $73.28 billion in Chinese stocks.
-
Cristiano Ronaldo Puts End To Saudi Exit Rumours, Pledges To Stay Another Season
Reports have linked a string of other big names to the Saudi Pro League thanks to the riches of the Public Investment Fund, the sovereign wealth vehicle behind LIV Golf and the purchase of Premier League club Newcastle United, as well as Ronaldo's signing.
-
Elon Musk Had 'Handshake Deal' for Tesla Takeover Before Posting 2018 Tweets, Former Aide Says
Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...
-
PhonePe Announces Shift of Domicile From Singapore to India
PhonePe, a part of the Walmart-controlled Flipkart group, announced that it has completed the process of moving its domicile from Singapore to India. The development comes ahead of its plans to launch an initial public offering (IPO) for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments...
-
Enforcement Directorate Begins Money Laundering Probe Into 'Keepsharer' Chinese App That Duped Youth
The Enforcement Directorate said on Monday that it has launched a probe into a Chinese "controlled" mobile app that allegedly duped a number of youngsters in the country. The agency stated that it had seized funds worth Rs. 5.85 crore in raids on least 12 entities in Bengaluru linked to "Chinese controlled" mobile app Keepsharer. The agency claims ...
-
Ongoing Crypto Market Meltdown Provides Cautionary Tale for US Public Pension Funds
The ongoing cryptocurrency market meltdown could prove to be a cautionary tale for US public pension funds. Amid a plunge in prices for Bitcoin and other cryptocurrencies in recent weeks, crypto lenders have declared bankruptcy and others are facing a cash crunch. A handful of public pension funds that have dipped their toes in the crypto pool over...
-
Elon Musk's 'Tesla Funding Secured' Tweet Inaccurate and Reckless, Says Court
Elon Musk's 2018 tweets that said funding was secured to take Tesla private was inaccurate and reckless, a US court said. The court further stated that "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
-
Gautam Adani Considers A Deal That Didn't Work Out For Mukesh Ambani
The Adani group, led by Indian tycoon Gautam Adani, has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country's Public Investment Fund, according to the people.
