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Current slowdown in India is a remarkable investment opportunity, says Blackstone CEO

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Stephen Schwarzman, chairman, CEO and co-founder, Blackstone. India is currently experiencing a slowdown but still remains a great long-term play and the current decline in the Indian economy is a remarkable opportunity to invest more capital in the country , says Stephen Schwarzman, chairman, chief executive officer and co-founder of Blackstone. Edited excerpts from an interview given on CNBC TV18. What are your views about global slowdown ? It is pretty clear that globally the economy is slowing down at different rates in different parts of the world. Just starting with US, which is the biggest economy as a country, we are slowing in manufacturing but we still have a full employment economy, we still have high levels of consumer confidence and consumers create 70% or maybe even a little more of the economy in the US. So if manufacturing, which is roughly 11%, is a little slower, in fact, going down then we can still keep growing for quite some time unless there is some

It's always right or good time to invest in properties in rapidly developing INDIA

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Dear Friends, it has quite sometime that i am again writing as has been very busy in my core business of consulting property buyers to purchase properties in  Pune , India. here, just thought to write topic of right or good time for investing properties in India as from last few years or months, lot of ups & downs are happening in the world economy and Indian economy so many people are asking this question continuously.. first i strongly believe that investing in Indian real estate will reap great appreciation for next 10 years, if investors can hold their investment till this period or till right time. Now, here are reasons to back or support my point that Indian real estate has great potential to give handsome returns are 1) One Of the fastest Developing Country 2) Real Demand 3) Inflation 4) Income Growth 1) India is one of the fastest growing country in world currently which makes it more attractive as when country is developing, it will never get fall in longer run as everyth

Microsoft employees will now be able to work from a tree house

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Working for some of the world’s largest tech firms means long hours and high pressure, but there are some perks. Googlers get to use the company's slides, games, beanbags, and other cool stuff when they’re taking a break, while Amazon staff will soon be able to enjoy the three giant biodomes at its company HQ. Not wanting to be left out, Microsoft is building tree houses for its employees. At the Windows maker’s Redmond, Washington campus, Microsoft has built three wooden tree houses in the branches of Pacific Northwest Douglas firs. Builder Pete Nelson, from the TV show “Treehouse Masters,” created the “branch-based meeting spaces,” which the company says are “more Hobbit than HQ, with cinnamon-colored shingles and a gingerbread-house feel.” Two of the tree houses are now open to all employees, with the third one set to open later this year. They’re more advanced than your usual backyard versions, featuring weatherproof benches containing power supplies for plugging in d

Xander acquires 1.1-million-sq-ft Pune office park $130 million

Source: economic times MUMBAI:  Xander   Investment Management, the private equity real estate arm of global investment firm The Xander Group has acquired 100% interest in   Weikfield IT Citi Info Park   in Pune’s Viman Nagar for $130 million or Rs 900 crore. The 1.1 million-sq-ft commercial office park is leased to diversified tenants like Maersk, WNS, Whirlpool, PTC, Nihilent, Tavisca amongst others, Xander said in a release. “Through this acquisition we add a quality  Pune  asset with substantial growth potential, to our ongoing India office value-add strategy,” said Arpit Singh, Principal at XIM, Singapore. According to him, Xander Investment Management continues to expand its office footprint, through operating asset acquisitions and new development projects, leveraging its extensive on-ground operating expertise, tenant relationships and scale. The asset complements Xander’s existing, 100% owned and operated portfolio across key Indian cities, and enables it to offe

SoftBank plans to invest $2-4 billion in India over the next two years

SoftBank, which plans to invest $2-4 billion in India over the next two years, has been in talks with the Piramal group to back its financial services arm.  Source: ET TIMES SoftBank Vision Fund (SVF) is expanding its India team, as the Japanese heavyweight investor looks to add a dozen executives in the next few months, primarily for its new operating team. SoftBank, which opened an outpost in Mumbai recently, will hire at least six operating partners who will not only spot opportunities for prospective investments, but also help portfolio companies scale up globally and leverage from the group’s overall ecosystem. “We want to make the ecosystem connections through this team. Young entrepreneurs could benefit from added management bandwidth in order to scale faster, tap international markets, and roll out adjacent products,” Munish Varma, managing partner, SoftBank Investment Advisers, told ET.  Last year, SoftBank roped in Sumer Juneja from Norwest Venture Partners to head

The World’s 50 Most Innovative Companies of 2019 | Fast Company

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Our 2019 ranking of the businesses making the most profound impact on both industry and culture showcases a variety of ways to thrive in today’s volatile world. Read on to learn how these 50 companies are creating the future today, plus see our top-10 lists of the Most Innovative Companies by sector, from advertising to wellness. We hope you're as inspired learning from these businesses as we were in selecting them.  01  Meituan Dianping FOR PIONEERING TRANSACTIONAL SUPER APPS In the first half of 2018, Meituan Dianping—a Chinese tech platform that expedites the booking and delivery of services such as food, hotel stays, and movie tickets—facilitated $33.8 billion worth of transactions for more than 350 million people in 2,800 cities. In food delivery alone, it handled 2.77 billion transactions: That’s 178 Meituan-enabled services every second of every day. The average customer used Meituan 38% more often than the prior year. 02  Grab FOR LEVERAGING T