Three marquee exits accounted for nearly 60 per cent of the total exit value -- BillDesk's acquisition by PayU for $4.7 billion, Paytm's $2.5 billion initial public offering (IPO), and Zomato's public market debut of $1.3 billion.
With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.
Olympic bronze-medallists India wasted chances galore to lose 0-2 to world champions Germany in the first hockey Test of the two-match series in New Delhi on Wednesday.
The ruling Mahayuti is poised to retain power in Maharashtra with the opposition Maha Vikas Aghadi (MVA) also putting up a strong show in assembly polls, most exit polls predicted on Wednesday after conclusion of polling on 288 seats in the state. Jharkhand is likely to see a change of government with BJP-led National Democratic Alliance coming to power in the state, three exit polls said on Wednesday with one poll giving majority to the ruling JMM-led alliance.
IMAGES from the WPL Eliminator played in New Delhi on Friday.
'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
A sharp rise can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1, 2024.
'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'
IMAGES from the Women's Premier League match played between Mumbai Indians and Delhi Capitals in Navi Mumbai on Monday.
From the Sensex pack, Tata Motors, Sun Pharma, Wipro, Tata Consultancy Services, UltraTech Cement, Tech Mahindra, Bajaj Finserv, HCL Technologies, Infosys and IndusInd Bank were the major laggards. NTPC, Power Grid, Reliance Industries, Tata Steel, HDFC and HDFC Bank were the major winners.
'Only 20 per cent of families in India buy cheese twice once a year.'
Hubli Tigers secure thrilling victory in triple super over thriller
Brazil shocked and other big upsets at World Cup qualifiers played on Tuesday
Consumers are unlikely to disconnect their mobile connections and will most likely absorb the up to 22 per cent tariff hike imposed last week by Jio, Airtel, and Vodafone Idea (Vi), according to analysts. The last major tariff hike in 2021 was followed by a 4-5 per cent SIM consolidation, with people leaving mobile operators with more expensive plans for their peers offering comparatively affordable options.
Delhi's bowling attack held its nerve, securing a dramatic victory.
After continuously bleeding subscribers for nearly two years, state-owned telecom services provider BSNL added 2.9 million users in July when its private-sector rivals raised tariffs by nearly 20 per cent. With BSNL keeping tariffs unchanged, many subscribers using entry-level plans shifted from Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi), said analysts.
Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.
Gujarat Titans clinched their second win on the trot as the defending champions handed Delhi Capitals a six-wicket loss at the Feroz Shah Kotla on Tuesday.
India in the last five-seven years did not do as well as it could to push progress.
Israel debutant Yarden Shua scored an 86th-minute winner as they upset more fancied Belgium 1-0 in Budapest on Sunday.
While a few catches were put down by both teams, there were some that stuck.
Vinicius Jr came off the bench to score once and set up another goal to steer champions Real Madrid to a 4-1 fightback victory over Espanyol.
Roundup of the matches being held across major football leagues in Europe on Sunday
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.
A brilliant delivery from Kuldeep Yadav found the outside edge of his bat, and the disappointment on Athiya's face was evident.
With 343 runs (in 8 innings) Phil Salt has the most runs by an overseas player in IPL 2024.
History is on Hardik Pandya's side, which has won all three games against the Royals so far, and that would certainly play on the minds of the Sanju Samson-led Rajasthan outfit at the Narendra Modi stadium.
The most sensational catches that defined the encounter.
Ahead of the US presidential elections this November, Vice President Kamala Harris and former President Donald Trump are set to face off in their first debate in Philadelphia, Pennsylvania, on Tuesday night ET.
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
Playing in their opening match of the Women's Premier League, the Delhi Capitals began their season on a positive note as they handed Royal Challengers Bangalore a big defeat at the Brabourne Stadium.
Over the years, India has enjoyed bipartisan support in the US and this asset must be kept intact and nurtured through across the board political and civil society engagement, suggests former foreign secretary Shyam Saran.
The Delhi Capitals bowlers have come under the scanner for their poor death over bowling, but on Wednesday, they silenced critics with a sizzling display to bowl Gujarat Titans out for a paltry 89.
'There has been a change in the advances mix, with the share of corporate loans decreasing.'
Delhi Capitals captain Rishabh Pant says he is proud of his team despite its ouster from the Indian Premier League following the close defeat to Kolkata Knight Riders in Qualifier 2.
DC players, including Jemimah Rodrigues and Alice Capsey, displayed true sportsmanship by offering words of comfort to the heartbroken RCB duo of Richa Ghosh and Shreyanka Patil.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
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