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Why The Americans Were Opposed To Agni

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.''This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a......

The Lawyer Who Won Mahua Moitra's Heart

Four-time Odisha MP Pinaki Misra's wedding to firebrand TMC MP Mahua Moitra in a quiet, intimate ceremony that chose privacy and tradition over fanfare, was a reflection of his personal style. ......

Private equity chases airlines

Private equity funds will invest over $275-300 million to take up minority equity stakes in the country's leading private carriers like Kingfisher Airlines, SpiceJet and Go Air.The move comes at a......

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential......

TCS, TPG to invest Rs 18,000 cr in data centre biz

The country's largest IT services company TCS on Thursday announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000......

'Private equity can transform banks'

'Facilitating conversion of well-run NBFCs into banks is urgently needed.' IMAGE: Kindly note the image has only been published for representational purposes. Photograph: PTI Photo The......

Stake sales by promoters, private equity investors 2.2 times of 2022

Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. Illustration: Uttam Ghosh/Rediff.com So far this calendar......

Bold Moves Must For Silver Screen To Sparkle Again

More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar. R S Prasanna's Sitaare Zameen Par......

Look Who's Following Karan Johar's Footsteps!

Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company. IMAGE: Shahid Kapoor in Deva. Mumbai-based Roy Kapur Films (RKF), founded by......

Will Poonawalla Let Karan Johar Thrive?

A non-strategic investor like Adar Poonawalla brings in not only capital but also creative freedom.Indian cinema needs more investors like him, reports Vanita Kohli Khandekar. IMAGE: Karan Johar......

World's Richest Football Club Eyes Stake Sale!

At $6.75 billion, Real Madrid has the highest value in global football. IMAGE: Real Madrid are the only club in world football to have recorded revenues of more than 1 billion euros ($1.2......

Adar Poonawalla Wants To Buy RCB

It is not yet clear if Diageo Plc is looking to sell its complete stake in RCB. IMAGE: Adar Poonawalla, CEO, Serum Institute of India. Photograph: ANI Photo Serum Institute of India Chief......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......

MI's Hundred move: 49% stake in Oval Invincibles

IMAGE: Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well......

Why England are opposed to Saudi-backed T20 league

IMAGE: The England and Wales Cricket Board is keen to protect its own 100-ball format league, The Hundred, having raised $1.27 billion last month after selling franchise stakes to private......