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Exclusive: Lifestyle brand Chumbak raises $1.7 mn from Blacksoil, angel investor

Bangalore-based Chumbak Design Private Limited, which sells designer-led consumer products, has raised Rs 11 crore ($1.7 million) via equity and debt funding between November 2016 and May this year, filings with the Registrar of Companies show. In May, it raised Rs 8 crore in debt from Mumbai-based non-banking financial company Blacksoil Capital Pvt. Ltd. It will use the funds to Read More


Where religion blends with real estate

Chairs are being laid out and banners and buntings line the way, as Ariel University prepares for graduation ceremonies on its campus, which houses about 15,000 students. But for the graduating students from Ariel, a degree could become damaged goods, as movements to boycott factories, vineyards, and schools built on Jewish settlements in the West Bank grow. Since 2010, Israeli Read More


No Ordinary Cooks: The Rise and Decline of the Tradition of Khansamas

It is somewhat ironical that in this day of celebrity chefdom, khansamas, the original traditional professional cooks or chefs in many parts of the country, should have so totally disappeared. But this disappearance is perhaps inevitable. The khansamas were a product of a feudal India, of the British Raj, and while their legacy lived on for many decades post-Independence, and post the Read More


What happened when I started throwing my legs up a wall every day

Google throws up a lot of weird things when you search for something online. During one of such searches, I came across the legs-up-a-wall pose that helps relieve lower body stress. It didn’t look tough and what it promised was worth a try! Game for trying this new technique, I took my yogamat, got my legs up on the wall. While Read More


Hiring 10,000 in US in 2 years, we do that in India in 2 quarters: Infosys

IT major Infosys has committed to adding 10,000 jobs in the US in the next few years, but it hires similar number of people in India in less than two quarters, its CEO Vishal Sikka said on Friday. Asserting that hiring in the US will not impact its recruitment plans in India, the Bengaluru-based company said it has rolled out Read More


Blackstone in talks to buy $525 million IL&FS real estate fund

Blackstone is a leading owner of office space in India, spanning over 30 million square feet across all major cities. Photo: Abhijit Bhatlekar/Mint The Blackstone Group Lp, the US-based global private equity firm, is in talks to acquire ILFS India Realty Fund I, a $525 million real estate fund owned by IL&FS Investment Managers Ltd (IIML), two persons aware of Read More


Major Health Care Changes in the Senate GOP Bill

WASHINGTON — Senate Republican leaders released a new version of their health care bill on Thursday and they hope to vote on it as soon as next week. Here’s what you need to know about how it would affect your health care. Premiums and deductibles Like Obamacare, the Senate bill provides subsidies to buy insurance on the individual market based Read More


Here’s What You Need to Know About VK Sasikala’s ‘VIP’ Lifestyle in Jail

New Delhi: After major controversy over AIADMK leader VK Sasikala having paid bribes and getting VIP treatment in the Bengaluru prison, Karnataka CM Siddaramaiah has ordered an inquiry into allegations made by DIG Roopa. Sasikala was convicted by the Supreme Court in the 21-year-old disproportionate assets case. The interim AIADMK general secretary, a close aide of former Tamil Nadu chief minister Read More


Significance of having data recovery software

Suppose, you are employing in a company and next day you have to give presentation on a topic. You have prepared that presentation very effectively and prepared it. But, due to some technical or hardware problem in your computer or laptop, data has been lost from your laptop and your presentation also. If you did not give presentation on next Read More


Motilal Oswal Real Estate backs ATS’ Gurgaon project

Motilal Oswal Real Estate, the property investment arm of Motilal Oswal Private Equity Advisors Pvt. Ltd, has committed to invest Rs 120 crore in a residential project of north-based developer ATS Infrastructure, the investment firm said in a statement. While the firm has disbursed 60% of the committed capital this week, the rest will be invested in the coming months. Read More