All Sectors | inves4: Indian Equity Investing

A former Amazon executive is quietly building a new $1 billion business inside Instacart that’s trying to rival Facebook and Google

Instacart’s ad business generated hundreds of millions in sales last year. It’s led by an exec who grew Amazon’s ad operation into a Google and Facebook competitor. Some advertisers say Instacart doesn’t share enough strong data to make it worth larger investments. See more stories on Insider’s business page. Instacart is building an advertising business … Read more

Frequent run-ins with India govt cloud U.S. tech expansion plans

Another spat between India’s government and U.S. big tech has exacerbated disillusion among firms which have spent billions to build hubs in their largest growth market, to the extent some are rethinking expansion plans, people close to the matter said. The government on Saturday said Twitter Inc had not indicated compliance with new rules aimed … Read more

Potatoes for McDonald’s fries are reportedly grown on Bill Gates’ farmland in fields so vast that you can see them from space

Bill Gates is the largest private farmland owner in the US. According to NBC, land that he owns in Washington state is used to grow potatoes that make McDonald’s fries. These potato fields are reportedly so vast that you can see them from space. See more stories on Insider’s business page. Bill Gates is the … Read more

Second Covid wave will delay air traffic recovery to end of FY23: Crisil

Ratings agency Crisil on Thursday said air traffic is expected to slump in FY22 and fully recover only by fourth quarter of next fiscal due to “the debilitating consequences” of the second Covid-19 wave in India. The forecast is based on data analysis for top four private airports — Delhi, Mumbai, Bengaluru and Hyderabad – … Read more

A JPMorgan portfolio manager overseeing a $2 billion fund lays out 4 areas of opportunity and 9 stock picks in an ‘unloved’ and incredibly cheap UK market that’s set to soar

Top investment banks from Citi, to Goldman Sachs and JPMorgan are incredibly bullish on the UK market. A JPMorgan fund manager who co-runs the firm’s flagship $2 billion UK fund helps investors navigate the market. He shares why the UK looks attractive and outlines what sectors boast good opportunities and what stocks to watch. See … Read more

Jeff Bezos to fly to space on Blue Origin rocket

Amazon.com Inc founder Jeff Bezos will fly to space next month on the first space flight from his rocket company Blue Origin, the billionaire said on Monday. “Ever since I was five years old, I’ve dreamed of traveling to space. On July 20th, I will take that journey with my brother,” Bezos said in an … Read more

G7 nations reach ‘historic’ agreement over global corporate tax

Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan. “We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting. … Read more

Quality of board packs: An alert for independent directors

Independent directors are often under the erroneous belief that their liability under the law is limited to acts of commission and omission which occurred with their consent or connivance or their knowledge through board processes, and that it does not extend to key matter of governance not placed by the management before the board or … Read more

Warren Buffett may have missed out on Microsoft’s IPO because of Liberty Media’s John Malone

Warren Buffett potentially missed out on Microsoft’s IPO because of Liberty Media’s John Malone. Malone told the investor that he wouldn’t buy the software stock due to competitive threats. The media mogul later said he’d be “bigger than Warren Buffett” if he spun off fewer companies. See more stories on Insider’s business page. Warren Buffett … Read more