Tag: Shark Tank

‘I am here to learn’: Zomato founder, CEO Deepinder Goyal joins Shark Tank India as newest judge

The filming for the season has already begun and the season Shark Tank India is set to premiere in January 2024.

Zomato founder and CEO Deepinder Goyal at Shark Tank India
Zomato founder and CEO Deepinder Goyal at Shark Tank India Season 3. (X/@sharktankindia)

Business reality show Shark Tank India 3 is all set to go live on Sony LIV soon and it has a new entrant as judge — Zomato founder and CEO Deepinder Goyal. Goyal will appear alongside seasoned panel members Aman Gupta, Anupam Mittal, Namita Thapar, Vineeta Singh, Amit Jain, and Peyush Bansal, as well as new entrant Ritesh Agarwal, in the latest season.

Shark Tank India is informed about the latest developments through its social media channel.

It took to X and wrote, “The Sharks kickstart the third shoot schedule! 🙌 🤳 Welcoming the new Shark @deepigoyal, Founder and CEO of Zomato! 💯”

Here’s the tweet:

“Sony LIV is set to bring back audiences’ favorite business reality show, Shark Tank India, for a brand-new third installment. After Ritesh Agarwal, Founder and CEO of OYO Rooms, one more entrepreneur is gearing up to grace the panel of Sharks for Shark Tank India 3,” Sony LIV said in a statement.

Source: https://www.livemint.com/news/india/i-am-here-to-learn-zomato-founder-ceo-deepinder-goyal-joins-shark-tank-india-as-newest-judge-11696688358307.html

‘Shark Tank’ star Kevin O’Leary warns soaring interest rates will cause ‘real chaos’ for US economy

“Shark Tank” investor Kevin O’Leary revealed the cold hard truth on America’s housing market, Tuesday, warning that September will be the start of “real chaos” for the U.S. economy.

Multi-millionaire Kevin O’Leary joined ‘Kudlow’ to discuss his outlook on the U.S. housing market, and economy. (Getty Images / Getty Images)

“This was inevitable. We talked about it six weeks ago, and now you’re just starting to see the chips start to fall. The layering is as follows: The regional [banks] don’t know yet what their capital requirements are going to be. So, their loan books have closed like a turtle in a shell,” he explained during an appearance on “Kudlow.”

“This gets worse before it gets better. And what’s it doing to small business? Killing them right now,” he warned Tuesday.

The Federal Reserve’s aggressive interest-rate hike campaign sent mortgage rates soaring above 7% for the first time in nearly two decades, cooling the post-COVID, red-hot housing market.

Rates have been slow to retreat, hitting a fresh two-decade high last week. Freddie Mac reported that rates on the popular 30-year fixed mortgage are hovering around 7.09%, well above the 5.13% rate recorded one year ago and the pre-pandemic average of 3.9%.

Additionally, the Federal Reserve approved yet another rate hike in July, setting the key benchmark federal funds rate to the highest level since 2001.

O’Leary argues that the U.S.’s troubled banking market is going to cause “real chaos in a very short term,” spotlighting the devastating impact some of Congress’ short-sighted economic policies has had on the average American.

“What I anticipate is going to happen here, while we still have full employment which is remarkable, and you don’t put any capital into the small business sector, which is 60% of the jobs in America, you’re going to start to see some real chaos come September, October, November. This is an issue for Congress, Larry. It’s very simple,” he continued.

“They gave all their money to S&P 500 in two acts, the Chips and Science Act and the other, Inflation Reduction Act. Not a dime for small business. A trillion for the big boys, nothing for the small guys. And the small guys, they run America, so it has to be rebalanced somewhere, Larry.”

Source: https://www.foxbusiness.com/economy/shark-tank-star-kevin-oleary-soaring-interest-rates-cause-real-chaos-us-economy

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