Tag Archives: Falls

[Weekly Funding Roundup] Equity falls 88 pc as startups raise only $75.7M

This week, equity funding receded to just $75.7 million, 88 percent less than last week’s $624.6 million. This week’s funding was spread across just 14 deals, 11 of which were early-stage. The reason for a poor show was the absence of mega rounds and late-stage deals. Weekly funding roundup Early-stage deals Mumbai-based startup Atomberg Technologies raised $10 million as a part ... Read More »

Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

Xiaomi Corp. shares slipped and then rebounded Monday in the Chinese smartphone maker’s first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading opened at 16.60 HKD ($2.11) per share, below Xiaomi’s offering price of 17 HKD ($2.17). Shares lostabout 4 percent in early trading but rebounded to 17 HKD ($2.17) at midday. Xiaomi, which helped to pioneer the ... Read More »

A simple physical performance test can prevent falls in older patients

In elderly hospitalised people, the risk of sustaining a fall can be predicted through an easy physical performance test, suggests a research. A study of 807 older individuals admitted to hospital found that those who had poorer physical function at the time of admission were more likely to fall during their hospital stay; 329 falls occurred in 189 patients, including ... Read More »

Clamour for rate cut by the RBI rises after wholesale inflation falls

India Inc. on Friday called for an easing of the monetary policy by the Reserve Bank of India (RBI) in line with June’s deceleration in the country’s annual rate of inflation based on wholesale and retail prices. Corporate India’s calls for a reduction of key lending rates comes after Friday’s data from the Ministry of Commerce and Industry showed that ... Read More »

Samsung Galaxy S7, S7 Edge Survive Water, Not Falls: SquareTrade Study

You can dunk Samsung’s new smartphones in water, but don’t drop them on a sidewalk, a new study finds. SquareTrade, a company that offers extended-protection plans for gadgets, said the Galaxy S7 and Galaxy S7 Edge still functioned after being submerged in water for 30 minutes. Audio was “permanently muffled and distorted” after the dunking, but the Samsung phones still ... Read More »

Mutual Funds AUM Falls for Fourth Straight Month in February

New Delhi: Assets base of the country’s mutual funds industry dropped to Rs 12.62 lakh crore at the end of February, making it the fourth consecutive monthly decline, due to lower investment in equity schemes. According to the latest data of the Association of Mutual Funds in India (AMFI), over 40 fund houses in the country together had an average ... Read More »

Sensex Falls for Third Day; Railway Companies Tumble

Mumbai: The BSE Sensex edged lower on Thursday, set to close down for a third straight session as caution prevailed ahead of the fiscal budget due next week, and as weak crude prices continued to weigh on global sentiment. Railway stocks such as Kalindee Rail Nirman Engineers fell after the government announced a railway budget for the year starting in ... Read More »

Monsanto India Falls 4% as Competition Watchdog Orders Probe

Mumbai: Shares of agri-biotechnology major Monsanto India fell by 4 per cent today after fair trade regulator CCI ordered a detailed probe against its US-parent joint venture Mahyco Monsanto Biotech India Limited (MMBL). Finding prima-facie violation of competition law, CCI has ordered a detailed probe into alleged abuse of dominance by the Indian arm of the US-based genetically modified seed ... Read More »