“There is demand for shares of these unlisted startups, which shows that people are bullish about large Indian unicorns, but the price becomes prohibitive in most cases, because very few of them are actually available in the market,” said Anurag Bhatia, founder of Minance, a wealth management startup that manages the buying and selling of unlisted stocks. … [Read more...] about Startups still popular as unicorns’ scrip sell in the lakhs/share in stock market for unlisted cos
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The Competition Commission of India (CCI) in January ordered a probe into alleged violations of competition law and certain discounting practices by the two e-commerce giants, but a state court put the investigation on hold last week following a challenge by Amazon. … [Read more...] about After Amazon, Walmart’s Flipkart challenges India antitrust probe
Williams’s career as one of Los Angeles’s preeminent architects spanned decades; he opened his own practice and became the first black member of the American Institute of Architects (AIA) in 1923, and retired in 1973. In this time, he designed close to 3,000 buildings, but his sheer prolificness was eclipsed only by his stunning ability to design spaces in neighborhoods that redlining kept him out of. (Williams did, however, design several structures in L.A.’s black community as well, namely the 28th Street YMCA in South Central and Broadway Federal Bank in Mid-City.) The documentary rightly credits Williams’s granddaughter, Karen Hudson, with keeping his legacy alive after his death in 1980: “When he retired, his reputation retired with him,” Vance says. “I don’t know that there was a movement to make him known, and that’s where Karen comes in.” Hudson conducted much of the research the film relies on, including hiring … [Read more...] about Why Paul Williams, Hollywood’s most prolific black architect, drew upside down
The FIU-India, the national nodal agency for processing and disseminating information relating to suspicious financial transactions, became a member of the Egmont Group in 2007. The FIU-India has entered into more than 25 agreements with the FIUs in foreign jurisdictions. India is also a member of Asia Pacific Group (APG) on money laundering, a voluntary and autonomous body, to facilitate adoption, implementation and enforcement of anti-money laundering and combating the financing of terrorism recommendations of the FATF. … [Read more...] about Policy | Attempts to decriminalise PMLA bad for India
Like Walmart, traditional healthcare providers also want to reformat primary care, but the approach is quite different. The focus for doctors is to incorporate a broader set of information—such as whether a person has stable housing or access to vegetables or a job—when making a diagnosis or recommending screenings. Consumers are also bringing their doctors more information, whether it’s their own self-diagnosis from WebMD, health data recorded in an app, or the results of direct-to-consumer tests (for things such as DNA, fertility, thyroid, and food sensitivity). However, it is not clear that all this information is helping. Rather, it may be overwhelming doctors who already spend an inordinate amount of time on administrative work, which is contributing to high rates of doctor burnout. … [Read more...] about Can high-tech capitalism fix the healthcare industry?