A quarterly study of PE investment activity based on data provided by Venture Intelligence, such funds in the third quarter of this year totalled $3.01 billion through 103 deals, according to the PwC MoneyTree India report.
Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.
'Investors need to be stock specific and should not rush to buy stocks at the current levels.'
Was Ram Rahim's release on parole for the 10th time since his conviction in 2017 timed to coincide with the Haryana assembly elections? It does seem so when one considers he has been released mostly when there was an election in Punjab, Haryana and Rajasthan. Listing the times that Ram Rahim has been out on parole.
Sonia also described the mention of Emergency by the PM, the Lok Sabha Speaker as an attempt to divert attention from the "assault on the Constitution".
Shikhar Dhawan has acknowledged he's in a transitional phase, nearing a new chapter in his life.
Corporate India is likely to witness a surge in private equity deals by the last quarter of current fiscal as inflation is likely to cool down and bulls are expected to be back in the stock market, as per PE deal tracker firm Venture Intelligence.
Private-equity funds made an average annual return of just 7 per cent between January 2007 and December 2013 while the Sensex was up 11 per cent.
According to Venture Intelligence, a research service focused on private company transactions, PE firms invested $8,853 million this year, compared to the $10,378 million across 483 deals a year ago.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Most Amdavadis that Rediff.com's Prasanna D Zore met were unaware of Bharatiya Janata Party prime ministerial candidate Narendra Modi's outreach programme that kick-starts on Wednesday.
A colourful crochet blanket made by over 4,000 diaspora women was on Saturday presented to Prime Minister Modi on the final day of his maiden UK visit under a 'Chai pe Crochet' initiative.
Mahanagar Gas (MGL) has just hiked prices for compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai Metro Area. The distributor raised prices by Rs 1.50 per kilogramme (kg) for CNG, bringing the price up to Rs 75 per kg, including taxes. Domestic PNG prices were hiked from Rs 1 per standard cubic meter (SCM) to Rs 48 per SCM, inclusive of taxes.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
Falling equity markets have trapped major private equity investors such as Warburg Pincus, Blackstone Group, Carlyle, Apax Partners, Chrys Capital and Citigroup.
Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
'Mayawatiji no more controls the bahujan vote in UP.' 'In this election more than 40 per cent of the BSP's core voters blessed the SP without the SP even asking for it.'
Information technology, financials, industrials, consumer discretionary and utilities were the top five sectors to attract significant private equity capital during the quarter.
Maurya's remarks assume significance as they came barely a couple of weeks after his statement that the party organisation will always be bigger than the government caused a flutter.
'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
Mergers and acquisitions (M&As) in India are expected to stay buoyant, seen over the last three-four years, despite a slowdown in the first seven months of the calendar year. "M&A is a lumpy business activity, and we may suddenly see large deals taking place during the next two quarters of the calendar year. "This would help maintain the streak of strong M&A activity.
Maharashtra MLAs were in New Delhi for a training programme in legislative procedure and Sharad Pawar -- the senior-most politician from the state -- hosted a dinner for the visitors at his bungalow in the national capital on Tuesday evening.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.
In terms of the number of deals, there has been a decline of 13 per cent
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
Since March 2020, when the Nifty50 plummeted to 7,511 following the announcement of a nationwide lockdown, the stock market has been on an upward trajectory. Over the next four years, the major market index has delivered a remarkable compounded annual growth rate (CAGR) of over 31.5 per cent. In the past year alone, the Nifty50 has gained by 27 per cent, hitting a succession of record highs.
Although West Asian investors have been active in India for long using private banks such as UBS, Credit Suisse and Morgan Stanley that invested across emerging markets, post-9/11, the US has been falling out of favour as investors count the risk that assets in the country could be targeted over security concerns.
The issue has gained importance as a working group of International Organisation of Securities Commission (IOSCO) has been set up to study the impact of private equity funds on emerging markets.
Several members of the Indian community gathered at the Times Square in New York to hold discussions about the upcoming Bihar elections and voice their expectations from a future government over improving the economic and employment scenario in the state.
Private equity deal activities in the first quarter of 2013 fell by 39 per cent to $1.29 billion, amid a sluggish global and domestic economic environment, says a report.
Shah Rukh Khan conducted an #AskSRK session on X recently to discuss his coming film Dunki and the release of his daughter Suhana Khan's debut film The Archies.
price earnings ratio is a tool that loosely reflects the value of a company or the Sensex. Here's how you can calculate it.
Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.
Ammy and Triptii have the chemistry of a door-to-door salesman and disinterested customer.' On the other hand, she and Vicky burn down the house with their scorching sensuality, observes Sukanya Verma.
TV commentators Graeme Smith and Scott Styris remarked that such discussions should occur privately, not in front of the broadcasting cameras.
The decline in the quantum of PE investment in realty sector was due to to less number of deals (13 in H1 2013) as the average ticket size of deals remained same. In first half of 2012, there were 19 PE deals.