There were more modern warehouses in Boston than in the whole of the world’s most populous country when U.S. private equity heavyweight Warburg Pincus started looking at China’s logistics sector in late 2009. But a parallel binge in investment in… Read More ›
Day: August 24, 2016
Goldman is Upbeat Over India and these are the Reasons Why
According to Goldman Sachs, in the current fiscal year, the world’s fastest-growing major economy is set to accelerate. The investment bank said in a note that accelerating from 7.6 percent in the previous year, India’s economy is set to grow… Read More ›
Elon Musk purchases more than half of SolarCity’s bond offerings
Musk’s two cousin who are on SolarCity’s board have also acquired $17.5 million each of SolarCity’s $124 million bond offering. According to a filing made by Tesla Motors, Elon Musk, its CEO, is said to be purchased bonds worth $65… Read More ›
Demand for Samsung’s Galaxy Note 7 exceed supply
Samsung has stated it is boosting production to meet supply so as to reduce opportunity cost. South Korean electronics giant Samsung Electronics has disclosed that its newly launched Galaxy Note 7 is registering stronger than expected demand, causing global supply… Read More ›
Lamborghini plunges into the SUV market, plans on doubling its sales by 2019
Despite adopting the SUV platform, Lamborghini will continue to retain its sports car manufacturing brand. As its CEO says, it’s all about the emotion attached to the quality of the brand. Lamborghini Chief Executive, Stefano Domenicali, has disclosed that once… Read More ›