Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.
Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.
Sensex rises, snapping two-session losing streak; banks, auto gain.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
With Indian infrastructure companies burdened with debt, global PE funds and developers sense an opportunity to buy the airports cheap
Delhi Chief Minister Arvind Kejriwal was questioned for nearly nine hours by the Central Bureau of Investigation (CBI) on Sunday in the excise policy case, amid protests by his party as the Aam Aadmi Party chief claimed that the allegations of scam were false and the agency was acting at the Bharatiya Janata Party's behest.
IIM Lucknow has concluded its 2020-21 final placements.
Adityanath has earned a new sobriquet "bulldozer baba" due to raging of properties of criminals and mafias built through illegal means.
Deal to help RCom reduce debt, Sun gain subscribers in new markets
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Experts view this as a case of "failed experiment" in succession
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible debentures (NCD) to companies in the content, distribution platform and services areas. The private equity fund has appointed a high-profile advisory body which includes ad guru Prahlad Kakkar, managing director of Red Chillies Entertainment and cricket team KKR Sports, actress and entrepreneur Raadhika Sarathkumar, who has starred in Malayalam, Hindi and Kannada films and runs Radaan Mediaworks. It also includes Ramnath Pradeep, former chairman and managing director of Corporation Bank, and Rajesh Gupta, senior partner of law firm SNG Partners.
According to 'India PE Report 2010', released by global consultancy Bain & Company, there is renewed confidence among the leading PE investors about the Indian market.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
'Yesterday, I was at a seed meeting where we gave outright grants up to Rs 20 lakhs or loans up to Rs 50 lakhs for new start-ups under 2 years.'
The Sensex ended below 28,000 for the second straight day at 27,869.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.
However, Rajasthan would be a bit more desperate than Delhi as they are languishing at the second last position in the points table with just three wins from nine outings.
Seeking home comforts after multiple reverses at the Ferozshah Kotla, Delhi Capitals will be desperate to buck the trend when they take on a rejuvenated Kings XI Punjab in the Indian Premier League, in Delhi, on Saturday.
'There is nothing more this government can do now to break our agitation.' 'It has used all the tactics and has failed'
Having dominated the summer placement scene at IIMs, companies like McKinsey, Boston Consultancy Group and UBS showed up for the first time for placements at IIT Bombay.
The celebrated duo of head coach Ricky Ponting and mentor Sourav Ganguly has managed to instill belief in the team members and that is visible on the field. The team now seems to believe that it can win the title after a long spell as the perennial underachiever of the competition.
A confident Delhi are coming off two back-to-back victories against Royal Challengers Bangalore and a strong Kolkata Knight Riders outfit.
Delhi's performance at home is woeful, but having registered a win after two consecutive losses at the Kotla, the Shreyas Iyer-led outfit is high on confidence.
Workload management of pacer Jasprit Bumrah and all-rounder Hardik Pandya will be the focus when Mumbai Indians take on a renamed Delhi Capitals in their first match of the 12th Indian Premier League in Mumbai on Sunday.
Focus will now be on how Rabada would fare against the likes of Chris Gayle, Lokesh Rahul, Mayank Agarwal and David Miller.
Once implemented, Rishad Premji will be one of the youngest business leaders to don the role of non-executive chairman at a large cap Indian company.
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
It was CSK who denied Delhi a top-two spot in the league standings with a crushing 80-run win at Chepauk and the Mahendra Singh Dhoni-led side stands in their way again, only the stakes are much higher.
Nearly 150 companies visited the campus this year.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
List of players released by IPL teams ahead of next month's auction for 2020 season:
For India startups, pulling in the reins now may enable them to live longer - even if it means shedding their unicorn status, says Una Galani.
Though fundraisings for startups still rank amongst the biggest deals struck this year, the average ticket size has fallen sharply, says Una Galani.
Ranaut, who made headlines with her ugly spat with Dosanjh on Twitter, was served a legal notice on Friday by the Delhi Sikh Gurdwara Management Committee which is seeking an unconditional apology from the actor.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
