Month: May 2022

venture capital: To boost startup financing, government offers incentives to VC, PE funds

Mumbai: The government will let venture capital (VC) and private equity (PE) funds take a higher share of profit, earn more fees and go for a faster drawdown of the money they receive from the state’s fund of funds. The fund of funds for startups (FFS) was introduced in 2016, for contribution to various alternative …

venture capital: To boost startup financing, government offers incentives to VC, PE funds Read More »

Home affordability is at an all-time low, says personal finance expert

Credible.com personal finance expert Dan Roccato discusses mortgage rates. During an interview on “Mornings with Maria” Credible.com personal finance expert Dan Roccato said that home affordability is at an all-time low, and first-time homebuyers are feeling the effects of the low home inventory coupled with record-high prices. FIRST-TIME HOMEBUYERS ‘GETTING SQUEEZED THE MOST’ BETWEEN INFLATION, …

Home affordability is at an all-time low, says personal finance expert Read More »

LIC IPO Subscription: LIC IPO subscribed 1.5 times on Day 4, retail portion sails through on Day 3

New Delhi: The initial public offering (IPO) of Life Insurance Corporation of India (LIC) continued to attract bidders on the fourth day of the bidding process. The issue was fully subscribed on the second day itself. The largest ever IPO of the Indian primary markets, aggregating to Rs 20,557 crore, is open for subscription till …

LIC IPO Subscription: LIC IPO subscribed 1.5 times on Day 4, retail portion sails through on Day 3 Read More »

Inflation soars in Phoenix, Atlanta, Tampa as homebuyers arrive

Check out what’s clicking on FoxBusiness.com. Phoenix, Tampa and Atlanta are seeing some of the highest inflation rates in the country as the areas attract a surge of homebuyers, according to Redfin. Redfin deputy chief economist Taylor Marr said inflation, which surged 8.5% over the past year, is “having an especially big impact in places …

Inflation soars in Phoenix, Atlanta, Tampa as homebuyers arrive Read More »

A history of Trader Joe’s and Joe Coulombe, the man behind the brand

Joe Coulombe, a struggling convenience store owner in Los Angeles, decided in 1967 to open a grocery chain to appeal to the small but growing number of well-educated, well-traveled consumers that mainstream supermarkets were ignoring. “I have an ideal audience in mind,” he told the Los Angeles Times in 1981. “This is a person who …

A history of Trader Joe’s and Joe Coulombe, the man behind the brand Read More »

A history of Trader Joe’s and Joe Coulombe, the man behind the brand

new york CNN Business – Turns out Trader Joe was a real guy, and his shrewd instincts led him to create a counter-culture grocery empire. Joe Coulombe, a struggling convenience store owner in Los Angeles, decided in 1967 to open a grocery chain to appeal to the small but growing number of well-educated, well-traveled consumers …

A history of Trader Joe’s and Joe Coulombe, the man behind the brand Read More »