“Despite the global economic uncertainty amidst the current pandemic, this commitment from Ontario Teachers’ is a strong endorsement of the Indian alternative asset management space as well as the robust and unique private debt platform built by Edelweiss Alternate Asset Advisors,” the Edelweiss Group said in an official announcement. … [Read more...] about Canada’s Ontario Teachers’ partners with Edelweiss Group to invest $350 million in Indian private credit
Where to invest
The Reliance arm is India’s biggest brick-and-mortar retail business and its footprint spans across 11,806 retail stores in over 7,000 towns with 28.7 million sq ft of retail space. Reliance Retail, founded in 2006, said in end August that it would buy the retail and logistics businesses of Kishore Biyani’s Future Group in a deal valued at $3.38 billion, including debt. … [Read more...] about PE fund Silver Lake to invest in Reliance Retail, buys 1.75% stake for Rs 7,500 crore
Physical gold: Buying jewellery and gold coins is still one of the most popular modes of investing in gold. But holding gold in physical forms comes with two main disadvantages. Apart from the additional cost incurred for safekeeping, buying physical gold also comes with purity-related concerns. Additionally, one may also face challenges in accessing physical gold stored in bank lockers or selling it during a political turmoil or natural disaster. … [Read more...] about What’s the best way to invest in gold now?
Reliance Retail launched an online grocery service named JioMart in May and now sells a raft of items such as electronics, jewellery, apparel and vegetables, among others. It acquired British toy chain Hamleys last year, and also runs the outlets of global brands such as Burberry, Armani and Jimmy Choo, among others, in India. … [Read more...] about Reliance Retail-Silver Lake deal: RIL’s AGM in July had feelers about investments in its retail business
“The government should also look into companies which have Chinese investments and use Chinese tech in their products, and how they are safeguarding the data of Indian citizens,” said Sumit Ghosh, co-founder, Chingari. Chingari is a social media platform which works in the same space as TikTok. … [Read more...] about After ban on 118 Chinese apps, Indian startups with investments from Beijing wonder whether they will be on govt radar now