Small Business

Parliamentary panel questions Paytm about Chinese investment, storing of data in servers abroad

New Delhi, Oct 29 () A parliamentary panel on Thursday questioned Paytm representatives about the quantum of Chinese investment in the company and told them that the servers on which customer data is stored should be in India. Top officials of Paytm appeared before the Joint Committee of Parliament on the Personal Data Protection Bill, […]

Investment

‘ESG investing assures both resilience and returns, not just one’

By Sneha Joshi Sustainability is now a non-negotiable in investment decision making. For investors to understand the characteristics contribution to the longevity of the companies and for businesses to survive through material impacts of future crisis, incorporating Environment, Social and Governance factors becomes a necessity. The main question that pops up is whether that comes […]

Technology

Pinterest shares are soaring — up 33% — after delivering a monster quarter

Shares of Pinterest surged more than 33% Thursday, as investors rallied around the company’s blowout third quarter earnings that indicated advertising demand revved up after a difficult period due to the Covid-19 pandemic.   Shares in tech companies Facebook, Google-parent Alphabet, Amazon and Twitter were also up, helping recover some of Wednesday’s losses. Pinterest’s boost from […]

Investment

Cramer sees positives for investors after sell-off on Covid fears: ‘The carnage is reversible’

CNBC’s Jim Cramer said he sees positives for investors after steep market declines Wednesday as Wall Street grew further concerned about the coronavirus pandemic. “I recognize the carnage, but I do think the carnage is reversible,” Cramer said Wednesday on “Closing Bell,” after the Dow Jones Industrial Average gave up 943 points, or 3.4%, in […]