LendInvest raises $39.5M to grow its P2P property finance platform

A cloud hangs over the UK housing market as the UK government stumbles slowly through its negotiations to leave the European Union. But startups that are bringing innovative twists to housing finance seem to be singing a different tune. Today, LendInvest, a peer-to-peer platform that connects property buyers in the UK with people willing to finance those purchases (bypassing traditional mortgage lending infrastructure in the process), announced that it has raised around $39.5 million (around £30.5 million) in a Series C round of funding led by existing investor Atomico, which participation also from GP Bullhound…

Read More

Mahindra Bolero back in India’s top 10 selling cars: Why it’s still so popular

The Mahindra Bolero has made it to India’s top 10 selling cars yet again, with 9,104 copies sold. Over 15 years old, the Bolero continues to be a very strong seller. In fact, it’s India’s best selling multi utility vehicle (MUV), and has retained this status for many years. What makes the Bolero so popular in India? Well, the lack of a solid alternative. Major sales of the Bolero come from the rural and semi-urban markets of India, where the MUV has no match really. The Tata Sumo is the…

Read More

Will see if more devolution to states served its purpose: Finance Commission

Headed by former RBI Governor Y V Reddy, the 14th Finance Commission had recommended a record increase in the states’ share in the Union taxes. NEW DELHI: Finance Commission chairman N K Singh today said the panel will ascertain whether increasing the share of Union taxes to states to 42 per cent, along with rationalisation with Centrally Sponsored Schemes, has served its purpose. The 15th Finance Commission has been asked to recommend, among other things, a road map for sound management of government finances. “We will also look at whether the much higher devolution…

Read More

OnePlus 5T to Get Its Stable Android 8.0 Oreo Update in Early 2018

HIGHLIGHTS OnePlus 5 Oreo beta program starts this month OnePlus 5T starts next month Android 8.0 Oreo final build expected in “early 2018” OnePlus 5T was launched on Thursday at an event in New York and as expected brings upgrade to the original OnePlus 5 model launched a few months ago. One of the biggest disappointments, however, was that the new OnePlus 5T will ship with Android 7.1.1 Nougat. The Chinese company during the launch event revealed Oreo update plans for the new OnePlus 5T as well as the OnePlus 5 launched a few…

Read More

OnePlus Left Behind a Testing App on Its Devices With Backdoor to Root Access: Report

HIGHLIGHTS OnePlus reportedly installs a diagnostic app on its devices The company is looking into it, co-founder Pei said OnePlus 3, 3T, and 5 reportedly install the backdoor app OnePlus has landed in soup again just a few days ahead of the launch of its much-anticipated OnePlus 5T smartphone. The Chinese company has been found to leave behind an app on its recent devices that can act as a backdoor capable of providing root access without unlocking. For end users, this essentially means that some OnePlus smartphones can be easily rooted without…

Read More

At IIM Ahmedabad, it’s time for lessons from the Panchatantra

At IIM Ahmedabad, students of PGP (postgraduate) and PGPX (executive postgraduate) programmes recently learnt some valuable lessons from India’s ancient fables, the Panchatantra. Leaving regular classes undisturbed the two-week course, conducted after dinner from 9 to 10.15 pm for 25 students, was non graded. The management lessons were based on the understanding and interpretation of conflict in the Panchatantra. These were initiated on an experimental basis by Professor N Ravichandran, faculty in production and quantitative methods area at IIMA. About 25 stories from the Panchatantra were discussed with five classes covering…

Read More

Head to Goa this winter to get a taste of its Portuguese heritage with films, food and music

It’s always celebration time in Goa. A two-month-long celebration of Goa’s colonial tryst with Portugal, “Semana de Cultura Indo-Portuguesa”, got underway in the coastal state on Friday, with a Portuguese film festival. Over a period of two months, Goa will celebrate its colonial past with the Lusofonian state via the three-day film festival, fusion foods and wine and musical galas in order to promote cultural ties between the two regions. Organised in association with the Portuguese consulate in Goa, the film festival got underway in Panaji on Friday and features…

Read More

Dubai to get world’s first underwater luxury resort and it’s breathtaking. See pics

Dubai has always been known for its world-class innovations and for being a preferred destination among Indians. It’s set to get one more jewel in its crown. To be located 4km offshore from Dubai’s mainland, the USD 680 million Floating Venice will recreate the city’s labyrinthine alleyways, canals and main square, Piazza San Marco, in the form of a luxury resort that will be able to accommodate up to 3,000 guests. Gondolas will be imported straight from Venice to ferry guests to their cabins. (Kleindienst Group) While the laundry list of specs…

Read More

India will have to wait longer for Android Pay as Google shifts focus to Tez, its digital payment app

Google is not going to roll out its Android Pay service in India any time soon. The company is rather focused on pushing its new app – Google Tez, a Unified Payments Interface (UPI)-based digital payment application, in the country. During a Q&A session following the launch of Google Tez app on Monday, company’s senior executive Caesar Sengupta told the media that the company has no immediate plans to launch the Android Pay service in India. He cited lack of wider availability of (Near Field Connectivity) NFC-enabled smartphones and penetration of…

Read More

The Royal Palace of Caserta: Here’s why you must see its waterfalls and fountains

Many of Europe’s parks and gardens were created at the request of the kings, queens, princes and princesses who once ruled over the Old Continent. Some have exceptional qualities or stunning styles that put them on the map for visitors vacationing in Europe, such as the park of the 18th-century Royal Palace of Caserta in Italy. The Fountain of Ceres in the gardens of the Royal Palace . (Parco della reggia di Caserta) *The royal connection: The Bourbon King Charles III is known for making 18th century Naples one of the…

Read More