Month: July 2021

BharatPe to raise $350 million for $2 billion valuation, on path for ‘unicorn’ status
Business

BharatPe to raise $350 million for $2 billion valuation, on path for ‘unicorn’ status

By Administrator_India Capital Sands Tiger Global Management is looking to lead a $350 million round investment in BharatPe for a valuation of over $2 billion, which would make the fintech startup India’s latest unicorn. Tiger Global itself will invest $100 million with participation from exiting investors such as Amplo, Beenext, Insight Partners, Sequoia Capital and […]

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World

Sydney Lockdown Extended By 4 Weeks As Australia COVID-19 Cases Spike

By Administrator_ India Capital Sands By Administrator_ India Capital Sands The Australian city of Sydney extended a lockdown by four weeks on Wednesday after an already protracted stay-at-home order failed to douse a COVID-19 outbreak, with the authorities warning of tougher policing to stamp out non-compliance. Far from a planned exit from lockdown in three […]

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Sports

It’s 2021, but the sexualizations of women in sports continue; Olympic Games

By Administrator_ India Capital Sands Seriously, if you’re a woman in a competitive sport, there’s really no winning. It’s a classic ‘damned if you do, and damned if you don’t’ scenario. On the one hand, is Norway’s beach handball team was fined for wearing less revealing clothes at the Euro 2021 tournament. On the other is […]

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Sports

Tokyo Olympics: Mary Kom, Sindhu cross first hurdle, into round 2

By Administrator_ India Capital Sands It was a mixed day for the Indian contingent at the Tokyo Summer Olympics on Sunday. Iconic boxer MC Mary Kom, 38, beat her 23-year-old opponent from over Dominican Republic, Miguelina Hernandez Garcia, to power her way into the pre-quarterfinals after a superb tactical victory in the 51kg category. Sindhu shines PV […]

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Sports

Tokyo Olympics: India’s prospects and past wins

By Administrator_ India Capital Sands All eyes and hearts are set for the Tokyo 2020 Olympics to be held in Japan from July 23 to August 8, delayed by a year due to the deadly COVID-19 pandemic. India will be participating in 18 sports disciplines and related events at the games. A total of 127 […]

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International

EU rejects UK demand for a new post-Brexit deal on Northern Ireland

By Administrator_ India Capital Sands Britain demanded on Wednesday a new deal to oversee problematic post-Brexit trade involving Northern Ireland, warning it already had the right to unilaterally ignore parts of an agreement struck with the bloc just last year. The European Commission immediately poured cold water on the plea, saying Prime Minister Boris Johnson and Brexit minister […]

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Business

Gold prices up to Rs. 96 to Rs. 48,222/10 gm on safe-haven; Silver corrects Rs. 810 a kg

By Administrator_ India Capital Sands Gold prices jumped by Rs 96 to Rs 48,222 per 10 gram in the Mumbai retail market on positive global cues and renewed risk aversion in global financial markets, however, the upside was capped by a sharp gain in the rupee. The surging cases of Delta variant of coronavirus and […]

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Market

Sensex sheds 586 points over Covid-19 surge in biggest drop since April 30

By Administrator_ India Capital Sands The benchmark indices on Monday declined along with Asian and European peers as investors were worried by the surge in Covid-19 cases and rising inflation. The benchmark Sensex fell 586 points to end the session at 52,553, a decline of 1.10 percent in the biggest single-day fall since April 30. The Nifty tumbled 171 […]

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Market

Gold edges up on Delta virus threat, lower US bond yields

By Administrator_ India Capital Sands Gold prices edged higher on Monday, lifted by a retreat in U.S. Treasury yields and concerns that a surge in coronavirus cases could dampen global economic recovery, though an uptick in the dollar limited gains for the safe-haven metal. Spot gold was up 0.1% at $1,812.83 per ounce, as of […]

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Business

Fed to shutter pandemic support asset purchases by end-2022

By Administrator_ India Capital Sands The Federal Reserve will shutter its asset purchases program by the end-2022, according to a Reuters poll, with a few more economists now predicting a rate hike as early as next year, but they pegged new COVID-19 variants as the biggest economic risk. However, Fed chair Jerome Powell said on […]

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