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Bajaj Finance launches Rs4,500 crore QIP at floor price of Rs1,777.9 per share

Bajaj Finance shares closed at Rs1787.5 on Tuesday, down 0.64%. Photo: Hemant Mishra/Mint Mumbai: With Bajaj Finance Ltd launching a Rs4,500 crore qualified institutional placement (QIP) on Tuesday, fundraising through this route is poised to set a new record this year. So far this year, 17 companies have raised Rs34,181.52 crore through QIPs. In 2009, 54 companies had raised Rs34,675.75 crore, ... Read More »

Sony India eyes 25 per cent sales growth in festive season

Kenichiro Hibi also said the company would be making a Rs 500 crore investment in marketing for the current fiscal. KOLKATA: Electronics giant Sony India is looking at a 25 per cent growth in sales across all categories in this year’s festive season and is expecting over 20 per cent growth in the current fiscal, company officials said on Thursday. “This year, ... Read More »

Facebook Reportedly Surpasses Google, Microsoft in Terms of Profit Per Employee

Facebook has leapfrogged Microsoft and Google’s parent company Alphabet in securing maximum profit per employee in the second quarter of 2017 while Twitter suffered a hefty loss, a media report said. Facebook, which employed 20,658 persons in the past quarter – a 43 percent increase over the same period last year – made $188,498 (roughly Rs. 1.2 crores) per employee, according to a report in ReCode. ... Read More »

Facebook Reportedly Surpasses Google, Microsoft in Terms of Profit Per Employee

HIGHLIGHTS Facebook made $188,498 per employee Microsoft made $52,400 and Alphabet Inc $46,610 per employee Twitter lost nearly $36,000 per employee Facebook has leapfrogged Microsoft and Google’s parent company Alphabet in securing maximum profit per employee in the second quarter of 2017 while Twitter suffered a hefty loss, a media report said. Facebook, which employed 20,658 persons in the past quarter – a 43 ... Read More »

Social Media Users Post About Their Dogs Six Times Per Week

Social media has gone to the dogs. According to a new study by BarkBox, adult dog owners post a picture or talk about their dog on social media six times per week. They also watch dog videos or check out dog pics about three time a week — and one in ten has a social media account exclusively for their ... Read More »

Microsoft Outlook top class Pilot at $three.99 per Month; Brings custom domain names and more

Microsoft in February commenced trying out a premium version of Outlook.com known as Outlook top class with a confined quantity of customers. however, at that time it stated the carrier was “no longeran present providing.” It also did no longer monitor for how tons it might price. however, a report nowfamous that the Redmond-based tech massive‘s Outlook premium carrier can ... Read More »

Inland Real Estate Income Trust, Inc. Declares $9.02 NAV Per Share

OAK BROOK, Ill.–(BUSINESS WIRE)–Inland Real Estate Income Trust, Inc. (“Inland Income Trust” or “the Company”), a publicly registered, non-traded real estate investment trust, announced today that its board of directors approved an estimated per share net asset value (“NAV”) of $9.02 per share of common stock. This is the first time that the board has determined an estimated per share ... Read More »