News for 'Elevation Partners'

'We made history': City players hail treble success

'We made history': City players hail treble success

Rediff.com11 Jun 2023

Players were in tears after Rodri's emphatic second-half goal against Inter Milan in the final secured a 1-0 victory

HC directs RSS weekly to remove article on Christian school principal

HC directs RSS weekly to remove article on Christian school principal

Rediff.com18 Aug 2023

The Delhi high court has directed Organiser magazine to remove from its website an "offending" and prima facie "defamatory" article with allegations of sexual intimacy and exploitation of nuns and Hindu women associated with a church by the principal of a Christian minority school in New Delhi.

Loss At Byju's May Only Be Tip Of Iceberg

Loss At Byju's May Only Be Tip Of Iceberg

Rediff.com18 Nov 2023

'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'

FPIs invest Rs 11,630 cr in equities in April

FPIs invest Rs 11,630 cr in equities in April

Rediff.com30 Apr 2023

Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow was negative.

Two-wheeler exports from India skid nearly 18% in FY23

Two-wheeler exports from India skid nearly 18% in FY23

Rediff.com14 Apr 2023

Two-wheeler exports from India fell by 17.8 per cent to 3.65 million units in 2022-23 (FY23), according to data released by the Society of Indian Automobile Manufacturers (Siam) on Thursday. This decline is due to a rise in global inflation and the weakening of economies and currencies in key export markets of Africa, Latin America (LatAm), and South Asia. In contrast to FY23, two-wheeler exports from India jumped 35.4 per cent to 4.44 million units in 2021-22 (FY22).

'Biden has thrown out the rule book for India'

'Biden has thrown out the rule book for India'

Rediff.com29 Sep 2023

'In the long run, I don't foresee major ramifications [about Trudeau's allegations].' 'There's just enough hypocrisy among Western nations for India to douse the outrage.'

Modi arrives in US on his maiden state visit

Modi arrives in US on his maiden state visit

Rediff.com21 Jun 2023

From the US, Modi will travel to Egypt at the invitation of President Abdel Fattah El-Sisi.

People of Amethi want to 'rectify' their mistake: UP Cong chief

People of Amethi want to 'rectify' their mistake: UP Cong chief

Rediff.com19 Aug 2023

The people of Amethi want to rectify their 'mistake' of 2019 and Congress workers as well as leaders are demanding that Rahul Gandhi contest from the constituency in the 2024 Lok Sabha polls, the party's Uttar Pradesh chief Ajay Rai said.

Queen Charlotte: A Bridgerton Story Review: Entertaining!

Queen Charlotte: A Bridgerton Story Review: Entertaining!

Rediff.com5 May 2023

The latest season of Bridgerton takes a bolder view at handling troubled relationships and marriages as it teases displeased viewers from the previous season with enough fodder to last until the next season, feels Divya Nair.

AIADMK leadership row: EPS moves SC ahead of Erode by-poll in Tamil Nadu

AIADMK leadership row: EPS moves SC ahead of Erode by-poll in Tamil Nadu

Rediff.com28 Jan 2023

Senior advocate C Aryama Sundaram, appearing for EPS, mentioned before a bench of Justices Dinesh Maheshwari and Hrishikesh Roy and raised concerns over the problems in filing nominations in the Erode (East) by-election.

Infosys extends digital innovation partnership with Australian Open

Infosys extends digital innovation partnership with Australian Open

Rediff.com16 Dec 2021

IT major Infosys on Thursday announced an extension of its digital innovation partnership with the Australian Open (AO) until the end of 2026. The extended collaboration with Tennis Australia will introduce enhanced broadcast match statistics and new initiatives to make tennis more accessible for all, while continuing to develop innovative digital stakeholder experiences, a statement said. The expanded collaboration will see Infosys and Tennis Australia continue to harness Big Data and Analytics, Artificial Intelligence, Virtual Reality and Cloud technologies to elevate the AO experience for fans, players, coaches, partners and the media, it added.

Opening day blues for Paytm's mega IPO, subscribed just 18%

Opening day blues for Paytm's mega IPO, subscribed just 18%

Rediff.com8 Nov 2021

Paytm's Rs 18,300-crore IPO -- India's largest public issue to date -- was subscribed only 18 per cent on the first day of bidding on Monday.

SC collegium revealing IB/RAW reports will have implication: Rijiju

SC collegium revealing IB/RAW reports will have implication: Rijiju

Rediff.com24 Jan 2023

Law Minister Kiren Rijiju on Tuesday said it was a "matter of grave concern" that certain portions of sensitive reports of the Intelligence Bureau and Research and Analysis Wing were put in public domain by the Supreme Court collegium.

FPIs pull out nearly Rs 40,000-cr from equities in May

FPIs pull out nearly Rs 40,000-cr from equities in May

Rediff.com5 Jun 2022

Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments. With this, net outflow by foreign portfolio investors (FPIs) from equities reached at Rs 1.69 lakh crore so far in 2022, data with depositories showed. Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said.

Satya Nadella, Shantanu Narayen among investors for US' first T20 league

Satya Nadella, Shantanu Narayen among investors for US' first T20 league

Rediff.com20 May 2022

In a significant push to popularise cricket in the US, a $120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US. Major League Cricket (MLC), the first professional Twenty20 Cricket League in the US, announced Thursday that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led by a group of America's leading business leaders. It said that with an additional commitment of $76 million in further fundraising over the next 12 months in place, MLC plans to deploy more than $120 million to launch the country's first-ever professional T20 league.

'We couldn't imagine this 15 years ago'

'We couldn't imagine this 15 years ago'

Rediff.com16 Jun 2023

'At the heart of the strategic relationship between our countries are economic ties.'

India-Vietnam sign logistics pact allowing use of each other's bases

India-Vietnam sign logistics pact allowing use of each other's bases

Rediff.com8 Jun 2022

The memorandum of understanding on mutual logistics support is the first such major agreement that Vietnam has signed with any country.

Prashant Kishor predicts 'electoral rout' for Cong in Gujarat, HP

Prashant Kishor predicts 'electoral rout' for Cong in Gujarat, HP

Rediff.com20 May 2022

Prashant Kishor expressed the view that the recent 'chintan shivir' could not achieve "anything meaningful".

Modi's welcome ceremony at White House to be one of the biggest

Modi's welcome ceremony at White House to be one of the biggest

Rediff.com12 Jun 2023

The first state visit of Prime Minister Narendra Modi to the US is likely to be a defining moment for Indo-US relationship and both sides are working on a robust outcome document that may take up matters that would decide the contour of the bilateral ties for decades to come, according to people familiar with the planning of the high-profile trip.

Rupee to remain under pressure, may test new levels

Rupee to remain under pressure, may test new levels

Rediff.com31 Aug 2022

Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes, experts said. The aggressive rate hikes will dampen demand and increase the possibility of a recession in the US. This could accelerate the pace of capital outflows, weaken the rupee and raise the threat of imported inflation.

PE/VC investments plunge 75% to just $3.3 bn in Oct

PE/VC investments plunge 75% to just $3.3 bn in Oct

Rediff.com17 Nov 2022

Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to an industry report. Exits touched half of the inflows at $1.6 billion across 15 deals in the reporting months, a significant improvement over the previous month which saw just $653 million worth of exits across 24 deals, but 69 per cent lower on-year basis, according to the numbers collated by EY for the Indian Private Equity & Venture Capital Association, the umbrella body the PEs and VCs. However, the report said, on a month-on-month basis, the inflows continued to grow, clipping at 60 per cent over the September numbers.

Why Fadnavis Has Lost Out

Why Fadnavis Has Lost Out

Rediff.com1 Apr 2023

He staked everything to ensure the BJP returned to power; and now that it has, he stands to lose a lot, points out Aditi Phadnis.

Grim global situation casts shadow on Budget 2023

Grim global situation casts shadow on Budget 2023

Rediff.com21 Dec 2022

Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. But there is some alarm over the grim global situation and how that might impact the Centre's projections and assessments for next financial year. The big global headwinds include a deep and sustained recession in the West, including India's biggest trading partners in North America and Europe, continuing volatility in commodity markets, and renewed Covid-19 fears, as lifting of strict curbs by China could potentially lead to a massive spread again.

US approves sale of $90 mn worth of military equipment to India

US approves sale of $90 mn worth of military equipment to India

Rediff.com4 Dec 2020

In a major move in 2016, the US had designated India a "Major Defence Partner" intending to elevate defence trade and technology sharing to a level commensurate with that of its closest allies and partners.

Vi plans to get back in the game but fundraising a challenge

Vi plans to get back in the game but fundraising a challenge

Rediff.com7 Feb 2023

Vodafone-Idea is working on a multi-pronged strategy to begin its long journey to get back in the game but much hinges on how much money it can raise following the government's decision to go for equity conversion last week. Based on discussions with sources aware of the company developments and with vendors, VIL's immediate plan is to invest in increasing 4G coverage to the level of its competitors. Currently, it covers a 1 billion population with 4G while its competitors cover 1.2 billion people.

Devika Bulchandani has shattered the glass ceiling for good

Devika Bulchandani has shattered the glass ceiling for good

Rediff.com21 Sep 2022

'Devika is a people's person, who simply loves what she does. This reflects in her work; the insights she brings to the table and the way she interacts with people and clients. She has the demeanour of a good captain. Her success is well-deserved.'

With BMC Polls In Sight, Modi's Gifts To Mumbai....

With BMC Polls In Sight, Modi's Gifts To Mumbai....

Rediff.com19 Jan 2023

Modi knows that the BMC elections are critical for his party which has never won a majority in the city's 227 wards.

What Men WANT

What Men WANT

Rediff.com23 Jul 2021

>Being complimented is something that is not only desired by women; even men crave for it, notes Sybil Shiddell, country manager, Gleeden, an extra marital dating Web site.

Singapore Airlines to get 25.1% stake in enlarged Air India group

Singapore Airlines to get 25.1% stake in enlarged Air India group

Rediff.com28 Feb 2023

Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.

India bags first BrahMos export order, Philippines signs $374m deal

India bags first BrahMos export order, Philippines signs $374m deal

Rediff.com28 Jan 2022

The BrahMos export order would be the biggest for the country in this field and is likely to propel India amongst arms exporting countries as more orders for the missile are expected from other friendly countries.

Fund mobilisation through equity, debt routes down 20% to Rs 11 lakh cr in 2022

Fund mobilisation through equity, debt routes down 20% to Rs 11 lakh cr in 2022

Rediff.com26 Dec 2022

Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.

Is Sharad Pawar Buying Insurance?

Is Sharad Pawar Buying Insurance?

Rediff.com5 May 2023

Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.

India has ties with Russia that we don't have, that's okay: US

India has ties with Russia that we don't have, that's okay: US

Rediff.com26 Feb 2022

"We share important interests with India. We share important values with India. And we know India has a relationship with Russia that is distinct from the relationship that we have with Russia. Of course, that is okay," Price told reporters at his daily news conference on Friday.

Netanyahu-led coalition to form govt in Israel

Netanyahu-led coalition to form govt in Israel

Rediff.com4 Nov 2022

Former Prime Minister Benjamin Netanyahu led right-wing bloc has secured an emphatic victory in Israel's general elections by claiming 64 out of the 120 seats in parliament, bringing the country's longest-serving premier back at the helm after a brief gap and also ending prolonged political instability.

'India's young offer growth potential for auto sector'

'India's young offer growth potential for auto sector'

Rediff.com20 Jan 2023

'The semiconductor supply is constantly improving, with visible green-shoots in the situation as compared to earlier part of last year'

Paytm files draft prospectus with Sebi for Rs 16,600 cr IPO

Paytm files draft prospectus with Sebi for Rs 16,600 cr IPO

Rediff.com16 Jul 2021

Digital payments and financial services firm Paytm has filed a draft red herring prospectus for its proposed Rs 16,600-crore initial public offering (IPO) with the Securities and Exchange Board of India.

The Politics behind Modi's Reshuffle

The Politics behind Modi's Reshuffle

Rediff.com8 Jul 2021

The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.

Nitish Kumar rumoured to be next vice prez

Nitish Kumar rumoured to be next vice prez

Rediff.com1 Apr 2022

Kumar is reported to have made the Rajya Sabha remark during an informal chat with some journalists who had asked him about his recent tour of areas falling under the now abolished Barh Lok Sabha constituency which he had represented many times.

PHOTOS: India crush Windies in opening T20I

PHOTOS: India crush Windies in opening T20I

Rediff.com30 Jul 2022

Images from the first T20 International between India and West Indies at the Brian Lara stadium in Tarouba, Trinidad on Friday.

Russia-Ukraine war: Commodity prices likely to rise

Russia-Ukraine war: Commodity prices likely to rise

Rediff.com4 Mar 2022

Investors and companies should brace for higher commodity prices over the next few weeks in the backdrop of Russian troops attacking Ukraine on Thursday. Meanwhile, US President Joe Biden threatened new sanctions against Russia for an act of aggression against Ukraine. All this, analysts believe, can push prices of key commodities such as crude oil, ammonia, urea, potash, and phosphates higher.