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Gold a better hedge than Bitcoin


Gold a better hedge than Bitcoin
28 Apr, 2021 02:00 AM
5 minutes to read
In volatile & risky times, some investments offer better safety.
Tony Coleman, managing director and founder of New Zealand Gold Merchants Ltd, offers his opinion on the best way to balance an investment portfolio.
One of the most important words in anyone s financial vocabulary is: diversification, otherwise known as protecting oneself from the cold winds that can blow through the financial markets.
New Zealand, at the moment, is heavily exposed to what seem to be two burst-able bubbles – the share market and the property market, both of which most experts agree are massively overpriced, even though recent government measures to cool the property market have been applied. ....

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Ex-Maruti MD & Carnation founder Jagdish Khattar passes away


May God bless the departed soul.
At the turn of the millennium came across a magazine featuring the small car market of India. As a child vividly remember the front cover. It had a top view of four cars (Alto, Indica, Santro, Mariz) and the faces of the MDs/CEOs, including Mr. Khattar, superimposed on the top of the cars.
The article was pretty pessimistic about Maruti and Tata s future prospects, while writing that Hyundai and Daewoo were set to swallow the Indian market.
Five years later the article was proved terribly wrong, when Maruti launched the Swift under his leadership. There has been no turning back for the company ever since. ....

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Welcome To IANS Live - BUSINESS - Zomato's draft IPO prospectus reveals salary of its top brass

It shows that its MD & CEO, Deepinder Goyal, draws a basic salary of Rs 3.5 crore and he took a pay cut amid the pandemic in the last financial year. In FY 2020-21, the CEO had taken a remuneration of Rs 1.96 crore. ....

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Peter Beck-backed smart cow startup Halter raises $32m - what's next


Peter Beck-backed smart cow startup Halter raises $32m - what s next
26 Apr, 2021 10:36 PM
6 minutes to read
Peter Beck-backed smart cow startup Halter has raised $32 million in a Series B round. Video / Supplied
Peter Beck-backed smart cow startup Halter has raised $32 million in a Series B round. Video / Supplied
Halter, the NZ based maker of a smart collar for fence-free dairy farming has raised $32 million in a Series B round led by Australian VC firm Blackbird Ventures - and supported by current shareholders
including Rocket Lab founder Peter Beck.
The money will be used to fund expansion in Auckland and Waikato - where the company is now offering commercial deployments early-adopters - and to take staff from 60 to 115. ....

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