Walt Disney India head rents apartment in Mumbai for Rs 11.5 lakh per month

By Administrator_India Capital Sands President of The Walt Disney Company India, K Madhavan, has rented an apartment in Mumbai’s posh Pali Hill area for a whopping Rs 11.5 lakh per month, documents accessed. The fully furnished serviced apartment located on the ninth floor of a posh building named Kubelisque, which houses premium apartments in Bandra West, is spread across 5751 sq ft, the documents showed. The apartment has been rented for 36 months starting September 1,…

"Walt Disney India head rents apartment in Mumbai for Rs 11.5 lakh per month"

Amazon, Microsoft, Cisco swoop in on $24 billion India farm-data trove

By Administrator_India Capital Sands Amazon.com Inc., Microsoft Corp. and Cisco Systems Inc. are among technology giants lining up to harness data from India’s farmers in an ambitious government-led productivity drive aimed at transforming an outmoded agricultural industry. Prime Minister Narendra Modi’s administration, which is seeking to ensure food security in the world’s second-most populous nation, has signed preliminary agreements with the three U.S. titans and a slew of local businesses starting April to share farm…

"Amazon, Microsoft, Cisco swoop in on $24 billion India farm-data trove"

IRCTC to launch India’s first luxury cruise liner from September 18; check details

By Administrator_India Capital Sands In a tie-up with Cordelia Cruises, a private company, it will begin the first cruise from September 18 for which bookings can be done on the IRCTC website http://www.irctctourism.com. “IRCTC has joined hands and signed the agreement with Cordelia Cruises being operated by M/s Waterways Leisure Tourism Pvt. Ltd for promotion and marketing of the first indigenous luxury cruise in India. This is another incredible luxury travel offering under IRCTC’s umbrella of tourism services to…

"IRCTC to launch India’s first luxury cruise liner from September 18; check details"

Fixed deposit rates are at all-time lows: Here are some better alternatives for regular income

By Administrator_India Capital Sands Interest rates on fixed deposits (FDs) are nearly at their all-time lows. These are not the best of times if you wish to invest in a financial instrument for getting some regular income. For instance, State Bank of India’s three-year FD for senior citizens gives 5.80 percent interest. A one-year FD offers interest of 5 percent. The prevailing inflation rate is around 5.59 percent. So, on a one-year FD, you would be earning…

"Fixed deposit rates are at all-time lows: Here are some better alternatives for regular income"

Google joins hands with Setu to let users open FDs on GPay

By Administrator_India Capital Sands Google has partnered with fintech company Setu to let its users open fixed deposits (FDs) through Google Pay. Initially, FDs of Equitas Small Finance Bank will be offered for a period of one year, with a maximum interest rate of 6.35 percent. Aadhaar-based KYC (know your customer) will be mandatory for users to open the FDs, the report said. Moneycontrol could not independently verify the story. “The beauty of the system is that you…

"Google joins hands with Setu to let users open FDs on GPay"

Sentiments in property market turns pessimistic in April-June: Report

By Administrator_India Capital Sands Sentiments in the real estate market turned pessimistic during the April-June quarter because of the outbreak of the second wave of COVID-19 pandemic but the future outlook for the next six months remains optimistic, according to a survey by Knight Frank, FICCI and Naredco. In the 29th edition of Real Estate Sentiment Index Q2 2021, the consultant said the current sentiment score dropped to 35 in April-June 2021 from 57 in the first quarter of…

"Sentiments in property market turns pessimistic in April-June: Report"

Gold Price Today : सोने के दामों में उतार-चढ़ाव जारी

सोने के दामों में उतार-चढ़ाव जारी है. पिछले हफ्ते सोने में काफी गिरावट नजर आई थी. हालांकि, आखिरी कारोबारी सत्र में सोना काफी उछला था. चांदी में भी 1100 से ज्यादा की बढ़ोतरी दर्ज हुई थी. शुक्रवार को दिल्ली सर्राफा बाजार में शुक्रवार को सोना 441 रुपये की तेजी के साथ 48,530 रुपये प्रति दस ग्राम हो गया था. सोमवार को सोना 100 ग्राम पर 100 रुपए गिरकर बिक रहा है. आखिरी कारोबारी सत्र में इसी…

"Gold Price Today : सोने के दामों में उतार-चढ़ाव जारी"

Bitcoin scales $51,000 for the first time as crypto fever continues

By Administrator_ India Capital Sands Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time. The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record. Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that…

"Bitcoin scales $51,000 for the first time as crypto fever continues"

BharatPe set to become next unicorn after valuation crosses $900 mn

By Administrator_ India Capital Sands Fintech company BharatPe has raised $108 million in a Series D equity round, at a valuation of $900 million. The financial services company for merchants raised $90 million in primary fundraising and also ensured secondary exit for its angel investors and employees for $18 million. The round was led by the company’s existing investor Coatue Management. All 7 existing institutional investors participated in the round. These include Ribbit Capital, Insight Partners, Steadview…

"BharatPe set to become next unicorn after valuation crosses $900 mn"

Mastercard to allow cardholders to transact in cryptocurrencies

By Administrator_ India Capital Sands Mastercard has partnered with some of the biggest cryptocurrency firms, including Wirex and BitPay Financial services firm Mastercard on Wednesday announced that it will begin allowing cardholders to transact in certain cryptocurrencies on its network, becoming the latest company to embrace digital assets. “We are preparing right now for the future of crypto and payments, announcing that this year Mastercard will start supporting select cryptocurrencies directly on our network,” MasterCard…

"Mastercard to allow cardholders to transact in cryptocurrencies"