Shikhar Dhawan has acknowledged he's in a transitional phase, nearing a new chapter in his life.
Private equity deals in Jan-Mar 2008 touched $3.3 bn, higher than the year-ago period, which registered 101 deals fetching $2.7 bn, according to the data released by Venture Intelligence, a private equity research company. $3.3 bn mopped up through 97 private equity deals in the Mar 2008 quarter were lower than 131 deals totalling $5 bn in the preceding Dec 2007 quarter. Volatility in the secondary market injected a dose of caution on the Private Investments in Public front.
'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.'
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
Total investments in the first six months of 2017 was a record $11.34 billion
Gitanjali Gems plans to hive off various businesses.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'
Deals shrink to $396 million this year, compared to $793 million in 2011.
Interacting with students, parents and teachers during his annual 'Pariksha Pe Charcha' programme, the prime minister suggested that students should compete with themselves and not others and parents should never sow the seeds of competition and rivalry between siblings.
Walmart, the world's largest retailer, has paid $1.4 billion to buy out US-based Tiger Global's investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart's valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan's SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny Bansal, and Accel now have all fully exited the e-commerce firm by selling their stake to Walmart.
Slum rehabilitation projects, increase in FSI trigger frantic activity by funds.
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
Uttam's Take: Narendra Modi's Chai Pe Charcha
'The cold weather of Delhi was thawed away completely by the warmth of the prime minister,' says Kshitija Desai.
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.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
At a time when merger and acquisition (M&A) activity is still recovering, companies are finding solace in private equity (PE) funds for acquisitions. And, PE funds seem keen to participate in such deals.
Rahul Gandhi interacted with party workers over 'laiyya-chana' - a staple snack in this part of Uttar Pradesh.
Prime Minister Narendra Modi and French President Francois Hollande on Friday enjoyed a joint boat cruise on La Seine River in Paris which was described as "Naav Pe Charcha" (chat on the boat).
Director Ken Ghosh talks about his latest movie Chance Pe Dance, and much more.
PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster
One stellar IPL season of 19 wickets in Kolkata Knight Riders' triumphant campaign brought pacer Harshit Rana into the national reckoning.
PE investment so far in 2014 stood higher at $ 8.4 billion as against $ 7.8 billion in 2013, with 38 per cent higher volumes in 2014 as compared to 2013, led by the technology sector.
Speaking on the sidelines of a seminar on PE funding in Kolkata on Monday, Gopal Srinivasan, chairman, TVS Capital Funds, said TVS Capital had raised close to Rs 600 crore (Rs 6 billion), invested Rs 20 crore (Rs 200 million) and lined up another rs 100 crore (Rs 1 billion) investment. The company invested in retail, social infrastructure, media and entertainment.
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
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.
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday. Growth in the January-March period was lower than the 8.6 per cent expansion in the December quarter.
Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.
TV commentators Graeme Smith and Scott Styris remarked that such discussions should occur privately, not in front of the broadcasting cameras.
The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.
PE players seal over $737 mn deals in February: Thornton.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
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
Most of the unicorns or billion-dollar valuation firms including Flipkart, Paytm and Ola have had the maximum stakes owned by foreign funds. The founders of all these firms have either single digit stakes in their companies or in low double digits.
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.