'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'
Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
The concluding part of the A to Z guide to a year that will soon become history.
Friends of Vinod Mehta came together to remember the man and his legacy.
'Manto is the only writer to grasp what the project of Pakistan would eventually mean,' says Aakar Patel, who has translated a collection of Saadat Hasan Manto's essays in a just-released book Why I Write.
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