News for 'Core Investment Company'

Anshuman Magazine: I expect increased investment from America to India

Anshuman Magazine: I expect increased investment from America to India

Rediff.com29 Mar 2017

Anshuman Magazine of CBRE discusses effective leadership, millenials, Trump's America and his core business -- the real estate market -- with Nivedita Mookerji.

BharatPe: 'Why should I resign?'

BharatPe: 'Why should I resign?'

Rediff.com12 Apr 2022

'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'

Telecos vie for more space in Indian Space Association

Telecos vie for more space in Indian Space Association

Rediff.com20 Oct 2021

Indian Space Association (ISpA) chairman Jayant Patil has said that the executive council will debate whether it can include more telecom companies as founding members. The response came after some leading telcos said that they had been asked to be core members but preferred to be inducted as founding members. The key founders of the ISpA include the Bharti group through two companies (OneWeb and Airtel), L&T, Nelco, Walchandnagar, Alpha Designs and MapmyIndia.

How PSUs are caught between govt and markets

How PSUs are caught between govt and markets

Rediff.com25 Jan 2021

State-owned companies have been set stiff targets to increase accountability as they get ready for divestment. Nikunj Ohri explains why meeting them will be challenging.

RBI asks NBFCs to boost high quality liquid assets

RBI asks NBFCs to boost high quality liquid assets

Rediff.com25 May 2019

An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.

Global surveillane tech market to touch $146bn in 2025

Global surveillane tech market to touch $146bn in 2025

Rediff.com10 Aug 2021

High-level intelligence collection will no longer be the preserve of government agencies alone, says Pranjal Sharma.

Adani now keen to produce world's cheapest hydrogen

Adani now keen to produce world's cheapest hydrogen

Rediff.com11 Nov 2021

Billionaire Gautam Adani on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce world's cheapest hydrogen. Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2023 and to 70 per cent by FY 2030.

Impact investing still nascent, India must climb the ladder faster

Impact investing still nascent, India must climb the ladder faster

Rediff.com7 Apr 2015

It's time India makes social, environmental impact like its global peers

Huawei seeks reboot after losing out on 5G spectrum trials

Huawei seeks reboot after losing out on 5G spectrum trials

Rediff.com18 May 2021

Based on industry estimates, telecom companies, including Bharti Airtel, Reliance Jio, Vodafone Idea and BSNL, are expected to invest over $10 billion on buying 5G telecom equipment in the next five years as they transition from non-standalone networks to standalone 5G networks.

10 TIPS To Ace a Job Interview

10 TIPS To Ace a Job Interview

Rediff.com8 Nov 2021

A job interview is intended to allow you to get to know the people you will be working with and for them to get to know you. It's critical to be yourself.

'In the short-term, the markets will remain volatile'

'In the short-term, the markets will remain volatile'

Rediff.com28 Aug 2020

'There is still scope for selective stockpicking.'

StanChart, IL&FS to raise $1 bn core fund

StanChart, IL&FS to raise $1 bn core fund

Rediff.com17 Jul 2007

Standard Chartered and IL&FS Investment Managers are close to signing an agreement to raise a $1 billion India-focused infrastructure private equity fund.

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

Rediff.com20 Sep 2021

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.

Tata companies band together for bigger piece of defence pie

Tata companies band together for bigger piece of defence pie

Rediff.com30 Sep 2014

The nomination of cluster heads for defence, infrastructure and finance business is awaited.

Why Wistron vandalism is bad for India

Why Wistron vandalism is bad for India

Rediff.com18 Dec 2020

'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.

This investment banker has Mumbai bhel for lunch

This investment banker has Mumbai bhel for lunch

Rediff.com17 Mar 2016

Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.

India is an imp destination for PE investments: Creador Fund

India is an imp destination for PE investments: Creador Fund

Rediff.com28 Aug 2014

The market continues to remain highly competitive relative to Indonesia and Malaysia, says Anand Narayan, senior managing director of Creador Advisors.

Are IT stocks a good contrarian bet from a one-year perspective?

Are IT stocks a good contrarian bet from a one-year perspective?

Rediff.com11 Oct 2022

The Nifty IT has been one of the worst-performing indices on the bourses this calendar year. Rising concerns of a potential global recession, which investors fear can dampen demand for export-facing domestic information technology (IT) giants, have sent the index down over 30 per cent on a year-to-date basis. By comparison, the Nifty50 Index has shed 2.8 per cent during the period, reveals data by ACE Equity.

Dad steps down, Jayadev Galla helms Amara Raja

Dad steps down, Jayadev Galla helms Amara Raja

Rediff.com15 Jun 2021

'I have personally been very keen on investing in lithium ion battery technology for some time.'

'For us, there is no hurry to grow fast'

'For us, there is no hurry to grow fast'

Rediff.com10 Dec 2021

'In the business of money, where you are regulated, the liability lies on the head of the acquirer.' 'It is not a good thing when you cannot spot the risks.'

'We are advising multi-cap or large-cap strategy'

'We are advising multi-cap or large-cap strategy'

Rediff.com12 Jan 2022

Neelesh Surana, who manages Mirae Asset Tax Saver and Mirae Asset Emerging Bluechip, remains constructive on Indian equities from a three to five-year time frame.

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Rediff.com1 Sep 2021

Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).

Uber seeks to soothe frayed nerves after Grab deal

Uber seeks to soothe frayed nerves after Grab deal

Rediff.com28 Mar 2018

Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.

COVID is a blessing for Edtech firms as they see massive jump in VC fund

COVID is a blessing for Edtech firms as they see massive jump in VC fund

Rediff.com7 Aug 2020

Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.

This popular bag company was born in a garage

This popular bag company was born in a garage

Rediff.com21 Aug 2015

Starting from a team of part-time workers to an employee base that exceeds over 3,000, Wildcraft has come a long way

Mobile phone makers want relaxation under PLI scheme

Mobile phone makers want relaxation under PLI scheme

Rediff.com5 Apr 2021

In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Rediff.com10 Aug 2022

Reliance Jio's decision to acquire 700 MHz in combination with the possible use of an advanced standalone (SA) 5G network could give it an edge over its rivals, according to most analysts. The dissenters argue that the stiff price tag touching Rs 40,000 crore to grab 10 MHz of spectrum in 700 to provide coverage for its SA 5G network which offers ultra-low latency (unlike non-standalone or NSA), has a long way to go in India in terms of finding use cases that can be monetised. Globally, 700 MHz is a pivotal band which provides huge coverage, indoor penetration (especially useful in India where walls are thick) and is already considered by the European Union to be the 'pioneer band' for 5G, with 3.5 GHz and 26 GHz, both of which were auctioned in India recently.

Snapchat touches 100 mn user mark in India

Snapchat touches 100 mn user mark in India

Rediff.com27 Oct 2021

Photo-messaging app Snapchat on Wednesday said its monthly user base has reached 100 million in the country, and the company will continue to anchor its efforts towards growing and providing more resources to its community of Indian creators. Snap Inc, the parent company of Snapchat, virtually hosted the second edition of 'Snap in India'. At the event, Snap co-founder and CEO Evan Spiegel announced the milestone of reaching 100 million Snapchatters monthly in India.

The next telecom battle in India is about to begin

The next telecom battle in India is about to begin

Rediff.com30 Aug 2022

The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.

Tribunal quashes Sebi ban on Yashovardhan Birla, 8 others

Tribunal quashes Sebi ban on Yashovardhan Birla, 8 others

Rediff.com30 Aug 2021

The Securities Appellate Tribunal has quashed a Sebi order that had barred Yashovardhan Birla and others from the securities market for two years for alleged mis-utilisation of IPO proceeds.

Airtel and Jio go head to head in battle for 5G

Airtel and Jio go head to head in battle for 5G

Rediff.com13 Feb 2021

The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.

Partnership with Jio a virtual merger: Anil Ambani

Partnership with Jio a virtual merger: Anil Ambani

Rediff.com28 Sep 2016

Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this

10 Qs To Ask Before Starting A Business

10 Qs To Ask Before Starting A Business

Rediff.com16 Nov 2021

A company not only requires ample funds to get it started but also the necessary intellectual and emotional tools to make it a success.

Analysts bullish on PSU stocks on divestment hope

Analysts bullish on PSU stocks on divestment hope

Rediff.com25 Mar 2021

The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.

Public sector banks can get a big leap forward

Public sector banks can get a big leap forward

Rediff.com10 Jun 2014

A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.

On the backfoot in UK PM race, Rishi Sunak vows to cut income tax by 20pc

On the backfoot in UK PM race, Rishi Sunak vows to cut income tax by 20pc

Rediff.com1 Aug 2022

As the voting process for the new Conservative Party leader formally opened with postal ballots being mailed out to Tory members from Monday, Rishi Sunak vowed to cut the basic rate of income tax by 20 per cent in a few years if he is elected Britain's prime minister.

Reliance Retail raises another Rs 5,512.5 crore

Reliance Retail raises another Rs 5,512.5 crore

Rediff.com6 Oct 2020

Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.

With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

Rediff.com22 Jul 2021

Fresh capital raised by companies by way of initial public offerings (IPOs) is set to hit a 14-year high, thanks mainly to Zomato's maiden offering. India Inc has raised about Rs 19,300 crore in fresh capital by maiden offerings, including the Rs 9,000 crore the food delivery company will raise this week, so far in 2021. The best year in terms of fresh fund-raise was 2007, when companies had raised Rs 32,102 crore. With Paytm planning to issue fresh shares worth Rs 12,000 crore, the domestic market looks set to surpass that tally this year.

FMCG firms start seeing growth in urban India after months of Covid grief

FMCG firms start seeing growth in urban India after months of Covid grief

Rediff.com8 Feb 2021

60-65 per cent of the FMCG industry's overall sales come from urban areas; 35-40 per cent from rural areas.

L&T sees synergy with IT firm, but won't invest

L&T sees synergy with IT firm, but won't invest

Rediff.com10 Jan 2009

Larsen & Toubro, now one of Satyam's largest single shareholders with 4 per cent, sees a lot of synergy between the core strengths of the beleaguered software giant with those of L&T Infotech, its unlisted information technology subsidiary.