Left-arm spinner Shams Mulani returned a five-wicket haul as a dominant Mumbai crushed Himachal Pradesh by an innings and 120 runs.
The retail broking industry's top line could more than double over the next five years, according to the estimates of consultancy firm Bain & Company. The industry, which facilitates stock market trading for investors, has already witnessed its revenues double from Rs 14,000 crore during 2018-19 (FY19) to Rs 27,000 crore in 2022-23 (FY23), reflecting an annualised growth rate of 17 per cent. "This growth has been fuelled by the emergence of India's mass-affluent and affluent segments, coupled with increasing financial literacy.
Vimal Khumar and Pradosh Ranjan Paul struck massive hundreds as Tamil Nadu piled up 399 for two against Nagaland on the opening day of their Ranji Trophy Elite Group A match in Dimapur on Saturday.
Jharkhand''s Kumar Kushagra slams double-ton against Baroda in Ranji Trophy
Underdogs Nagaland showed they are made of sterner stuff as their batters fought tooth and nail all day to score 365/5 and frustrate Tamil Nadu who would be fancying their chances of enforcing a follow-on after a mammoth 512-run first-innings total in a Ranji Trophy Group A match in Bengaluru on Monday.
The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore. The total valuation of the Adani financial services business stands at Rs 1,600 crore. Gaurav Gupta, managing director (MD) and chief executive officer (CEO) of the Adani firms will hold the rest of the stake.
Heavy rains exacerbate the flood situation in Punjab, leading to 37 deaths and widespread crop damage. Rescue and relief operations are underway as authorities issue alerts and provide assistance to affected populations.
Glimpses from India and around the world that will make you smile and cry.
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.
July 23 is the last date to apply to the Rhodes Scholarships for India.
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.
India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.
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.
For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.
Everton's Ashley Young came on as a second-half substitute but his 18-year-old son Tyler remained on the Peterborough bench.
Dubai-based Indian-origin writer Doshi, who was shortlisted among the final six authors for her debut novel Burnt Sugar, lost out on the top prize.
Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.
Everton have described as "derisory and insulting" a double bid from Premier League champions Manchester United for Marouane Fellaini and Leighton Baines.
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.
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.
Rising sprinter Animesh Kujur and star hurdler Jyothi Yarraji picked up their third and second gold medals respectively at the National Games.
'Only 20 per cent of families in India buy cheese twice once a year.'
Among major Sensex gainers, Mahindra & Mahindra rose the most by 3.29 per cent. Adani Ports gained 1.26 per cent, Tata Motors by 1.14 per cent, and Axis Bank by 0.92 per cent. Nestle, NTPC, Reliance, ITC Titan, Kotak Bank, Infosys and TCS also gained. HCL Tech, Tech Mahindra, and ICICI Bank were the losers.
Indian track athlete K M Deeksha set a new National record in the women's 1500 metres while Avinash Sable finished second in the men's 5000m event at the Sound Running Track Fest in Los Angeles on Saturday.
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.
Efforts are being made to nab the two criminals who shot at Sukhchain Singh, who recently returned from the US, and are on the run, they said.
Like Grover Cleveland, Donald Trump won election as president, lost the next election and won a third election to the US presidency.
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.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Ace shot putter Tajinderpal Singh Toor and hurdler Jyothi Yarraji rewrote their national records, while long distance sensation Harmilan Bains sizzled on the track.
Investments by private equity and venture capital funds declined by 35 per cent to $4.4 billion in April compared with $6.8 billion in the year-ago period, a report said on Thursday. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said.
Harmilan's father, Amandeep Bains, is also a South Asian Games medallist and a former men's 1500m national champion.
Gulveer Singh claimed India's fourth gold medal in the Asian Indoor Athletics Championships.
Rebel Akali leader Gurpartap Singh Wadala slammed Badal's move, saying instead of showing "a sense of renunciation", he issued a "dictatorial order" aimed to sideline those who want a "change" for strengthening the party
