CDC, DGGF come as LPs as Ankur Capital marks first close of second VC fund

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CDC, DGGF come as LPs as Ankur Capital marks first close of second VC fund

Impact investor and early-stage venture capital firm Ankur Capital has hit the first close of its second fund at Rs 240 crore (about $33.9 million). The firm said in a statement it expects Ankur Capital Fund II (ACF II) to reach its target corpus of Rs 350 crore later …
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What goes wrong when accounting firms become consultants

At the big accounting firms, consulting is the tail that wags the dog. It's an open secret in the accounting industry that the biggest audit firms no longer
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Porsche defies industry gloom, expect big things from Tesla rival

Porsche shrugged off widespread industry malaise, reporting record deliveries for last year and predicting that its first all-electric model Taycan will foster further growth in 2020. Global deliveries rose 10% to 280 800 cars in 2019, driven mainly by strong …
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Conservative moms group has beef over Burger King commercial for no-meat burger

CLEVELAND, Ohio — A commercial for Burger King’s popular non-meat Impossible Whopper is leaving a bad taste for members of a conservative moms group. In the commercial, a man eating the Impossible Whopper pauses for a moment to say, “Damn, …
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Canadian CEO says the United States shares blame for Iran plane crash

Hong Kong (CNN Business) The CEO of a Canadian company affected by last week’s plane crash near Tehran has lashed out against the Trump administration’s handling of the crisis in relations between the United States and Iran. Michael McCain, chief …
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