Chanel -- which is aiming to strengthen its presence in India and attract a younger generation of shoppers -- believes signing on Ananya Panday as its ever Indian face is a step in the right direction.
July 23 is the last date to apply to the Rhodes Scholarships for India.
Co-investment under the portfolio management services (PMS) route accounted for less than 50 crore in assets and involved fewer than a dozen clients for much of 2022. Since then, assets under management have risen to 3,812 crore across 535 clients as of April 2025, according to the latest regulatory data. The recent changes may open the door to greater investment from sovereign wealth and pension funds, experts say.
'Only 20 per cent of families in India buy cheese twice once a year.'
Opening batsman Ankush Bains blasted his way to a scintillating century as India inflicted a humiliating nine-wicket defeat on Zimbabwe to seal a berth in the final of the Quadrangular Under-19 One-day Series, in Visakhapatnam.
Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will "acquire an equity stake from the existing shareholders" of India's largest packed snack and sweets company and restaurant operator, according to a statement issued on Sunday. It did not disclose details of the deal or the valuation at which Temasek acquired the equity stake, but this is the first official confirmation of the deal from Haldiram.
Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.
In India, fast-moving consumer goods (FMCG) majors continue to hold sway, with incumbent brands cornering 65 per cent of the market share, shows a Bain & Company report. While identifying the continued preference of Indians for incumbent brands, the report says that the dominance of general trade in the country has allowed national brands to maintain their supremacy. The low penetration of e-commerce in the country has also helped large brands.
The funding environment in India for startups is improving this year if one were to go by Bain & Company estimates. Five private equity (PE) investors that come on top on the criterion of deal size collectively put in $9 billion in the first half of 2024, surpassing their outlay for last calendar year, when it was $8 billion. At the top of the list is Swedish firm EQT, which acquired US-based and listed Perficient at an enterprise value of $3 billion, the deal being done by the Indian wing of the company. It has also added to its list by putting in $500 million in WSO2, a "software as a service" company, increasing its tally to $3.5 billion.
Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
Ace shot putter Tajinderpal Singh Toor and hurdler Jyothi Yarraji rewrote their national records, while long distance sensation Harmilan Bains sizzled on the track.
Gulveer Singh claimed India's fourth gold medal in the Asian Indoor Athletics Championships.
Harmilan's father, Amandeep Bains, is also a South Asian Games medallist and a former men's 1500m national champion.
Following is India's schedule at the Asian Games in Hangzhou on Wednesday, October 4.
India agreed to give up the Poonch salient as well as Uri. To the north India also proposed to give up land in the Gurez sector giving the entire Neelam/Kinshanganga valley to Pakistan. In return India sought control of the post dominating Kargil town, points out Colonel Anil A Athale (retd).
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Fair trade regulator CCI on Tuesday said it has approved the demerger of the hotel business of diversified entity ITC Ltd into a separate entity. After the completion of the demerger, shares of ITC Hotels Ltd, a new entity, will be listed on the stock exchanges. The proposed combination relates to the demerger of the demerged undertaking to ITC's wholly-owned newly incorporated subsidiary, ITC Hotels.
Gulveer Singh was disqualified for lane infringement and the appeal by the Athletics Federation of India was also rejected.
Eveready Industries India will launch a new category in Financial Year 2024-25 (FY25) as it works to double revenue, said a senior executive of the country's largest dry cell battery maker. It could be an adjacency or a new product under the Eveready brand and a final decision is expected by the end of this financial year. "We are currently working on that exercise; it's on the drawing board," said Suvamoy Saha, managing director of Eveready.
Following is India's schedule at the Asian Games on Tuesday, October 3.
Following is India's schedule at the Asian Games in Hangzhou on Sunday, October 1.
India is among countries at the highest risk from cyber vulnerabilities caused by a new generation of GenAI technologies.
Following is India's schedule at the Asian Games in Hangzhou on Saturday, September 30.
Raising slogans of 'Inquilab Zindabad' and 'Kejriwal Zindabad', Aam Aadmi Party workers and leaders reached the area's metro station in groups, with the party calling for a march to Prime Minister Narendra Modi's residence on Lok Kalyan Marg for a 'gherao'.
'API prices are dragging down margins and impacting our competitive ability.'
'Garm Hava understands that the scorching, hate-filled, doubt-filled affair between Hindus and Muslims is our national love affair.' Sreehari Nair revisits M S Sathyu's classic film, featuring the incomparable Balraj Sahni at his finest in his final role.
The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth.
A band of army wives come together to showcase art inspired by the environs they inhabit.
Indian relay teams made their mark at the Asian Games, clinching gold and silver medals.
Delhi Chief Minister Arvind Kejriwal has issued directions from the Enforcement Directorate custody to ensure that medicines and tests are available to people at all government hospitals and Mohalla Clinics, Health Minister Saurabh Bharadwaj said on Tuesday.
Philanthropic contributions made by India's ultra high networth individuals (net wealth of over Rs 1,000 crore), also known as UHNIs, have fallen sharply to Rs 4,230 crore in FY22, from Rs 11,821 crore the previous financial year, according to the India Philanthropy Report 2023 by Dasra and Bain & Co, which was released on Wednesday. The report says that the dramatic fall, almost by a third, was due to the fact that contributions by the Azim Premji Foundation dropped by Rs 9,000 crore due to a share buyback of Wipro, which helped the foundation to access liquidity directly. However, the report laments that even excluding the Premji Foundation's contribution, "Indian UHNI contribution has not kept pace with wealth creation" and is "below par, with a 5 per cent contraction in FY2022".
Check out the Rajasthan Royals squad for IPL 2014.
Asian Games gold medallist Indian boxer Kaur Singh, who once fought the legendary Muhammad Ali in an exhibition bout, died on Thursday.
A sudden surge in wealth because of stock market gains after the pandemic could be one of the factors behind the relatively lower share of philanthropy in total wealth.
...followed by financial services, IT, and sales and marketing.
Accelerating quantity and quality of entrepreneurship towards benchmarks from high-performing countries and Indian states can create over 30 million women-owned enterprises, of which 12 million can generate employment, a joint report by Bain & Company and Google said.
Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.
