It was earlier in May this year that India minted its 100th Unicorn – a startup that crossed the $1 bn valuation mark – a very special milestone indeed. ‘Money Control and Citibank In Conversation with unicorn startups of India’ is a very special show that brings together CEOs and founders of a handful of India’s top unicorns, shedding light on their journey, their ambitions, and how they’re dealing with inflation, global events, and the current funding winter that’s affecting startups around the world. Hosted by Paromita Chatterjee, MoneyControl and Citibank conversed with panellists Vaibhav Tiwari - co-founder of Portea Medical, Ravi Bhushan - founder and CEO of Bright Champs, Chitresh Sharma - co-founder and CEO of Refyne, Saurabh Jain - co-founder and CEO of Livspace India. We also have Tushar Vikram - managing director and head of commercial banking at Citibank India. Not many people know this, but Citibank has been banking startups from infancy to IPO and beyond for decades … [Read more...] about Watch: Can Indian startups sustain their current pace of growth? India’s Unicorns weigh in
The smell of money where to watch
Big money pouring into WPL, U-19 T20 World Cup win are massive breakthroughs for India’s women cricketers
India women's national cricket team or the Women in Blue at the DY Patil Stadium in December 2022. (Source: Twitter/@JemiRodrigues/File image) It has been quite a fortnight for Indian women’s cricket. On January 16, the media rights for the first five seasons of the Women’s Premier League, beginning this March, were acquired by Viacom18 Media for a staggering Rs 951 crore – which translates to roughly Rs 7.09 crore per match. Less than ten days later, on January 25, the five teams were bought for a cumulative Rs 4,669.99 crore. The coup de grace , of course, came on Sunday (January 29), when India were crowned champions of the inaugural Women’s Under-19 T20 World Cup. To say that women’s cricket is riding the crest of a wave in the country would be a gross understatement. Heady Days Ahead The excitement generated by these developments will only grow over the next month, leading up to the first edition of the WPL. Harmanpreet Kaur and her side will seek to emulate … [Read more...] about Big money pouring into WPL, U-19 T20 World Cup win are massive breakthroughs for India’s women cricketers
Energy Transition Trends To Watch In 2023
Share to Twitter Share to Linkedin A few years ago, conversations about the global energy transition centered on growing adoption of wind and solar power. Today, renewable energy continues to proliferate, thanks to strong demand, falling costs and a host of new clean energy incentives. Yet the context surrounding the energy transition has changed. Innovation has driven breakthroughs in spheres from long duration energy storage (LDES) to carbon capture, utilization and storage (CCUS); policies and regulations have changed markedly; and crises including the COVID-19 pandemic and Russia’s invasion of Ukraine have forced some countries to shift their short-term energy priorities. “The world is trying to find the right balance between decarbonization, affordability and energy security,” says Todd Brezler, Chief of Staff at Mitsubishi Power Americas, a leader in global energy solutions. Common themes are beginning to emerge as governments and companies try to … [Read more...] about Energy Transition Trends To Watch In 2023
Trump Could Face Charges For Stormy Daniels Payments As Manhattan DA Reportedly Convenes Grand Jury
Share to Twitter Share to Linkedin Topline A grand jury has been impaneled to determine whether former President Donald Trump committed a crime through his alleged role in making “hush money” payments to adult film actress Stormy Daniels, the New York Times reports , suggesting the Manhattan District Attorney may soon bring charges against the ex-president. Key Facts Manhattan DA Alvin Bragg “recently” impaneled the grand jury and began presenting evidence to it on Monday, the Times reported, citing anonymous sources familiar with the matter. The grand jury heard witness testimony Monday from former National Enquirer publisher David Pecker, the Times reported, after he refused to pay off Daniels himself to silence her allegations against Trump, and the DA’s office is trying to secure more witnesses, including two Trump Organization employees. The investigation is focused on the $130,000 that ex-Trump lawyer Michael Cohen paid to … [Read more...] about Trump Could Face Charges For Stormy Daniels Payments As Manhattan DA Reportedly Convenes Grand Jury
This Texas Bistro Boasts One Of The Best Wine Lists In The World
Share to Twitter Share to Linkedin Mary Stanley was utterly surprised when she found that The Turtle Restaurant and Enoteca had been listed among the best wine lists in the world. The bistro she owns in the small Central Texas town of Brownwood earned the World's Best Value Wine List 2022 award from World of Fine Wine, a first-time award from a newly created category. Her carefully curated list attracted the judges’ attention for its fantastic quality at a superb value, offering customers the chance to enjoy an excellent bottle for an average of $60 or less, with many coming in under $100. At any given time, the cellar holds 80 reds, 50 whites, and seasonal sparkling and rosés. “They emailed an invitation to go to the awards, but there was no way I could go,” says Stanley. “At that time, I had no extra money and was barely holding this place together. Staffing, as you know, is a nightmare everywhere, and I did not have a dress or anything I could wear … [Read more...] about This Texas Bistro Boasts One Of The Best Wine Lists In The World
25 Elon Musk Impersonator Scams On Social Media People Actually Fell For
Share to Twitter Share to Linkedin Social media is filled with countless scammers trying to capitalize on Elon Musk’s name. Just take a look under any of Musk’s tweets and you’ll see people promising crypto giveaways, which are actually just scams that siphon money away from users. But does anyone actually fall for these? Yes, they really do. And I’ve obtained the stories to prove it. I often file Freedom of Information Act (FOIA) requests with the FTC to learn about different complaints that consumers have with particular companies. Previously I’ve done this with FTX , Tinder and Canon just to name a few. It’s an interesting way to learn about customer service problems. But when I recently filed a FOIA request for complaints about Tesla, I received some documents that I didn’t expect. Many of the complaints were about Tesla, of course, and issues people were having with their cars, warranties and financing. But consumers were also complaining about … [Read more...] about 25 Elon Musk Impersonator Scams On Social Media People Actually Fell For
New Zealand Captain Ali Riley Remains Optimistic About Growth Of Women’s Soccer
Share to Twitter Share to Linkedin While Ali Riley is certainly grateful for everything soccer has provided her on and off the field, the Angel City FC and New Zealand women’s national team captain is even more excited about what the beautiful game can bring the next generation as interest and support continues to grow from investors, brands, fans and media. But the fight for equality is far from over. “I hope women’s sports moves in a direction—and we are seeing it—where we don’t feel the need to make more money (outside of our salaries),” Riley says. “I would love it if all of this was a choice and a passion. In the future, I would love to make enough money where I could be investing in these companies that do good things because I think a lot of players will probably jump at any opportunity to make extra money. “I’m not going to say I’m lucky because I’ve worked really, really hard to be in this position but I have the privilege of being able to … [Read more...] about New Zealand Captain Ali Riley Remains Optimistic About Growth Of Women’s Soccer
Man tries to rob US restaurant with plastic gun, customer shoots him nine times
A scene from the shooting at the restaurant. (Image: Screengrab from video @rawsalerts/Twitter) A thief who was robbing people with a fake gun in a restaurant in United States’ Texas was shot dead by a customer last week. The incident happened Ranchito Taqueira, a Mexican restaurant in Houston, around 11:30 pm on Thursday. CCTV footage shared on Twitter shows a masked man pointing a gun at customers, many of whom were seen crouching under tables, asking for money. He went around tables and as he was leaving the premises, a customer – seen fidgeting around in the video – shot him from behind. The thief immediately falls to the ground even as the man continues shooting him eight more times amid horrified screams from the people in the restaurant. After the eighth bullet, the customer goes near the presumably dead assailant to pick up his gun and shoots his ninth on his head. The gun the man was carrying was a fake, plastic one. The customer then seems to be reassuring … [Read more...] about Man tries to rob US restaurant with plastic gun, customer shoots him nine times
Ford Europe’s 2030 All-Electric Target Poses Harsh Questions
Share to Twitter Share to Linkedin Ford Europe is pinning its long-term future on an all-electric policy as it cuts capacity and jobs while ending production of traditional high-volume, low profit-margin combustion engine vehicles. Analysts see an uphill struggle ahead. Some experts wonder if there will have to be another round of job cuts. Ford Europe says profit is now more important than sales volume. Analysts said the company made a strategic mistake by coming late to electric vehicles. Market share has been slowly sliding and in 2022 was 4.6% in Europe compared with 8% in 2011, according to Germany’s Center of Automotive Management (CAM). The company is in danger of entering another downward spiral as its products fail to appeal to local needs. At the same time, competition from Korea is intensifying, while China is beginning a major product offensive this year, mainly based on electric vehicles. Ford Motor investors might be wishing it had … [Read more...] about Ford Europe’s 2030 All-Electric Target Poses Harsh Questions
Love To Love: The Business Of Valentines Day
Share to Twitter Share to Linkedin It’s that time of year again. The ebb and flow of retail reliably takes us from Christmas, through to clearance sales and to the next full price moment in the trading calendar, February 14. But what is ‘This Thing Called Love’ ? A simple four letter word that is firmly embedded in the zeitgeist. A quick search acknowledges that it is one of the most popular words in song titles. It ‘Lifts Us Up Where We Belong’, ‘It Is a Many Splendored Thing’, and according to Beyonce… we are crazy when in it. The Beatles used the word a staggering 613 times in their lyrics. Yet when a word refer to so many things, from the consumer loving their McDonalds value meal to the wealth of emotion tied into the way we feel about ourselves and others, it can be a difficult to pin down exactly what it means. Unlike English, the Greek language, rather helpfully distinguishes four kinds of love. I’ve simplified for the purposes of … [Read more...] about Love To Love: The Business Of Valentines Day