The Mystery of NSE’s land acquisition at Kohinoor City
On 14th May, the media began reporting the National Stock Exchange’s (NSE) purchase of 80,000 sq ft commercial space in one of the towers at Kohinoor City in Kurla. The reports said that the cost of acquisition was Rs1.2 billion (Rs120 crore) which meant a purchase price of Rs15,000 per sq ft. One newspaper even reported that NSE had made the acquisition because it was short of space...
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Navigating the Markets

Want to learn about financial markets but did not know where to go? Take a look at these courses

Everyone these days gets fascinated by the Sensex, the Nifty and the wild gyrations in stocks. However, many of them do not know the how and why of financial markets. We often receive emails asking us to guide readers about where to start. For those with some money to spare and interest in...

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Lightspeed Venture Partners invests Rs400 million in Itz Cash Card
India's Itz Cash Card Ltd, an e-card services provider, said US-based venture capital investor Lightspeed Venture Partners invested about Rs400 million in the company.

Itz Cash, the Essel group company, said besides Lightspeed, Intel Capital and Martix Partners India, also invested additional Rs20 million and Rs80 million, in the company.

Itz Cash prepaid cards offer cashless...

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