High-net worth individuals

INDIA-STARTUPS

Rise of micro VC funding in India as investors focus on early-stage investment

The micro venture capital (VC) funding space in India is witnessing a robust activity. A rising new breed of venture capital investors is keen on early-stage investment in startups. About 12 micro venture capital funds are operational in India.

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University Of Chicago Shuts Down After Threat Of Gun Violence

Sequoia Venture Capitalist Donates $50 Million to Fund University of Chicago's Scholarship Programs

University of Chicago scholarship programs get $50 million donation from Sequoia Capital chairman Michael Moritz and his wife Harriet Heyman. The said huge donation will fund the Odyssey Scholarship Program and the Collegiate Scholars Program.

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Tesla Motors Inc. Chief Executive Officer Elon Musk Speaks At StartmeupHK Venture Forum

Elon Musk Invests $10 Million In SolarCity Stock, Makes Paper Profit of $1.8 Million On Wednesday’s Price

SolarCity has left modest growth plan in the US market due to withdrawal of subsidy from renewable energy sector. Investment of $10 million by billionaire entrepreneur Elon Musk has surprised many. This acquisition is believed to bring back confidence among the investors of SolarCity as a long term investment.

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SILICON VALLEY ECONOMY BOOMS

Schwark Satyavolu Joins Trinity Ventures as General Partner for Fintech

Serial entrepreneur, advisor, and investor Schwark Satyavolu will join Silicon Valley investment firm Trinity Ventures. He will be taking care of fintech, a subject matter in which he has impressive experiences. Trinity Ventures will invest in new deals with its $400 million fund closed in November 2015 with the help and advise from Mr. Satyavolu.

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Residential Housing And Estate Agents As Mortgage Approvals Rise

London rental apartments see buying binge ahead of new tax

The London property market is witnessing soaring buying activity for rental apartments ahead of new tax on home coming into effect from April 2016. The latest rush for buying is also pushing prices up.

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The New Term Begins For Students At Oxford University

Student.com Raised $60 Million From High-Profile Investors to Help Students Find Accommodations

A startup focusing in the student accommodation markets just received $60 million from high-profile firms and individuals, led by VY Capital. Student.com will use the funds to expand its presence and service in the promising markets of international students accommodation. For now, most of Student.com's bookings came from Asia-based students.

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Key Speakers At The Robin Hood Veterans Summit

Steve Cohen's hedge fund investing in trading talent

Reeling under pressure, the hedge fund segment is facing talent crunch to render its services more qualitatively. Considering the need of the hour, billionaire Steve Cohen-owned hedge fund Point72 Asset Management is investing in grooming the talent pool. It's offering two programs to train young graduates.

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Delivering Alpha - Season 2015

Carl Icahn lost $90 million in his portfolio

Two of the many energy related shares in Carl Icahn portfolio's plunged on Monday trade causing the activist investors a paper loss of $90 million. The two companies are Chesapeake Energy Corp. and Transocean Ltd.

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House Committee Holds Hearing On Takata Airbag Recall

Takata's restructuring plan unveils in May for car makers

Takata Corp, a manufacturer of airbags used in vehicles for consumer safety, will announce its restructuring plan to automakers in May. The restructuring plan is expected to include the sharing of recall costs. The defective airbags are forcing automobile majors to recall millions of cars.

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2013 Geneva Auto Show

Ratan Tata is Investing in an Indian Premium Tea Online Retailer, Teabox

The businessman is considered as one of India’s most active investor. Ever since he retired as the Tata Group chairman, Ratan Tata has backed more than 20 startups until now. He is especially experienced in the tea markets, and Teabox is delighted to have him as an advisor as well as an investor.

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Stocks Continue Steep Downward Slide

Asian Stocks Dipped As Wall Street Plunged: China's Slowdown, Slump In Oil Prices Dominate

The Wall Street took a second plunge on Wednesday in the first two weeks of 2016 after trading failed to pickup after Tuesday. This sent ripples to global markets especially Asian markets which all closed sharply lower predicating on growing concern for China's slow growth, stability of its currency, and slump in oil prices.

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Increase In Council Houses Being Bought Through Right To Buy

Millennials prefer rented accommodation in London

Rents in London were up over eight percent, while overall national average was 4.8 percent in 2015. Majority of millennials prefer rented accommodation rather than buying a house or flat. Millennials are not bothered about maintenance works and other mortgage tension these days. The Generation Rent also considers buying a property is very expensive.

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Deputy Crown Prince Mohammed bin Salman Of Saudi Arabia Visits Jordan

Saudi Aramco plans IPO

Saudi Aramco may tap capital market very shortly. The Kingdom of Saudi Arabia (KSA) is considering a major restructuring plan for the world's biggest oil producing company in the wake of lower oil prices. The Saudi government may also sell some of the stake in Aramco.

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Douglas Tompkins

US billionaire Douglas Tompkins dies in kayak accident in Chile

Adventure brand and Esprit owner and co-founder of the North Face outdoor company, Douglas Tompkins, died in a kayaking accident in Chile. He spent a large percentage of his wealth on environmental conservation.

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