Author: CapitalGainsFund

Jun 13

Shangri-La Defense Talks Focus on Taiwan

Taiwan took the center stage in the talks between global defense chiefs at the Shangri-La Dialogue in Singapore. China says it will fight to the very end if Taiwan made the move towards independence, while the U.S. accused Beijing for trying to unilaterally change the status quo over the island. Stephen Engle reports on Bloomberg Television.
Jun 13

Tencent buys Rs 2,060-crore stake in Flipkart

Chinese technology major Tencent has bought a stake worth $264 million (Rs 2,060 crore) in Walmart-owned Flipkart from co-founder Binny Bansal, through its European subsidiary, according to a news item first broken by news agency PTI. Binny Bansal holds around 1.84% stake in Flipkart after selling part of his stake to Tencent Cloud Europe BV. […]
Jun 12

Dragons’ Den Star Hilary Devey dies aged 65

Dragons’ Den star Hilary Devey has died aged 65 after battling a ‘long illness’, her publicist confirmed today. The Bolton-born multi-millionaire entrepreneur passed away at her holiday home in Morroco on Saturday night. She joined BBC Two programme Dragons’ Den in 2011 and left in 2012, going on to present Channel 4’s The Intern. Hilary, […]