News for 'Indian PE'

Aggregate annual PE deal count over 60% in last 5 yrs

Aggregate annual PE deal count over 60% in last 5 yrs

Rediff.com3 Mar 2021

With the Indian economy expected to emerge as the third largest by 2030, investors have earmarked significant capital to actively participate in the India growth story.

Private equity-backed mergers and acquisitions fall to 31-month low

Private equity-backed mergers and acquisitions fall to 31-month low

Rediff.com26 Sep 2023

The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.

Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit card issuers go live on Bharat Bill Payment Systems platform

Rediff.com15 Jul 2024

Major credit issuers, including the largest - HDFC Bank - have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party applications.

Why analysts are expecting a turnaround for IT companies

Why analysts are expecting a turnaround for IT companies

Rediff.com17 Sep 2024

In previews of Q2FY25 and beyond, industry analysts are expecting a turnaround for IT services. High teens earnings per share or EPS growth is expected for the next two-three financial years. The hopes are backed by deal wins of above $100 billion as at Q1FY25, up 16.6 per cent year-on-year ( Y-o-Y).

How things are changing for the PE big boys in India

How things are changing for the PE big boys in India

Rediff.com21 Sep 2018

Instead of the minority stake they held earlier, now they have controlling stake in many firms

Erigaisi wins Stepan Avagyan Memorial, jumps to career-best live rank

Erigaisi wins Stepan Avagyan Memorial, jumps to career-best live rank

Rediff.com18 Jun 2024

He bagged the Menorca Open crown in April, finished second in TePe Sigeman Chess Tournament in May and also finished joint-fifth in the Sharjah Masters Open tournament.

PE/VC investments nearly halve in Feb 2023

PE/VC investments nearly halve in Feb 2023

Rediff.com20 Mar 2023

Investments by private equity and venture capital funds declined by 44 per cent to $3.7 billion in February compared to the same period a year ago, a report said on Monday. The bets by the long-term investors were 13 per cent lower when compared to the investments in the preceding month of January, the report by industry lobby Indian Venture and Alternate Capital Association and consultancy firm EY, said. "...rising global recession concerns, increasing cost of capital and mismatch in valuation expectations between sellers and investors are turning out to be major impediments in the deployment of capital," EY's partner Vivek Soni said.

Pvt equity inflow in realty sector down 5% to $1.9 bn in Q1

Pvt equity inflow in realty sector down 5% to $1.9 bn in Q1

Rediff.com10 Jul 2023

Private equity (PE) investment in real estate declined 5 per cent year-on-year in April-June to $1.9 billion because of high interest rates, according to Anarock. PE inflows stood at $2 billion in the year-ago period. Real estate consultant Anarock has come out with a report titled 'FLUX Q1 FY24 Market Monitor for Capital Flows in Indian Real Estate'.

What industry leaders say on Karnataka's draft reservation bill

What industry leaders say on Karnataka's draft reservation bill

Rediff.com18 Jul 2024

Infosys will comply with whatever regulations and guidelines Karnataka comes up with, a top company official said on Thursday on the proposed reservations for locals in private firms in the state. Infosys employs over 3.15 lakh people at present across the globe. "We are planning to work with all the regulations of the state and central governments.

Rupee decline casts shadow over PE exits

Rupee decline casts shadow over PE exits

Rediff.com20 Jun 2013

Apart from bringing the margins down, the rupee fall is likely to hit the sentiments of global PE investors on India.

M&As pick up pace in Q1

M&As pick up pace in Q1

Rediff.com25 Apr 2024

The merger and acquisition (M&As) transactions have picked up pace in the March quarter of 2024 with 455 deals amounting to $25.6 billion deal value announced. This is a 24 per cent rise in deal volume as compared to Q4CY23, according to PwC India report. This signals a shift from the declining trend observed in 2023, as per PwC India's report Deals at a glance.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

Entrepreneurs, $20 Bn Is Waiting For You

Entrepreneurs, $20 Bn Is Waiting For You

Rediff.com22 Dec 2023

'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'

Modi preaches consensus but practices confrontation: Sonia slams Modi

Modi preaches consensus but practices confrontation: Sonia slams Modi

Rediff.com29 Jun 2024

Sonia also described the mention of Emergency by the PM, the Lok Sabha Speaker as an attempt to divert attention from the "assault on the Constitution".

Why India is a prime destination for PE investors

Why India is a prime destination for PE investors

Rediff.com10 May 2018

The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals

'I'm Being Used As A Potato For 25 Years'

'I'm Being Used As A Potato For 25 Years'

Rediff.com18 Oct 2024

'...be it a comedy, thriller or a love story.' 'The bhindi costs Rs 30 per kilo, but the price of potato remains unchanged.'

Multiple triggers ahead for affordable housing finance companies

Multiple triggers ahead for affordable housing finance companies

Rediff.com26 Jul 2024

Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).

PE investments fall to $3.6 billion in May

PE investments fall to $3.6 billion in May

Rediff.com14 Jun 2021

Private equity and venture capital investments more than halved to $3.6 billion in May 2021 when compared to the preceding April's $7.5 billion and a third lower than the year-ago period's $5.4 billion, a report said on Monday. However, on a year to date basis, the venture investments by these two categories of investors have doubled to $20 billion for the first five months of 2021, the report by industry lobby IVCA and consultancy firm EY said, stressing that investors continue to remain bullish. It can be noted that the country underwent the ravages of the second wave of the pandemic since April this year.

US continues to be biggest source of VC investment in India

US continues to be biggest source of VC investment in India

Rediff.com25 Sep 2020

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.

Is This A Good Time To Buy Stocks?

Is This A Good Time To Buy Stocks?

Rediff.com16 May 2024

'Investors need to be stock specific and should not rush to buy stocks at the current levels.'

Advent to infuse Rs 2,475 cr into Apollo Hospitals' arm

Advent to infuse Rs 2,475 cr into Apollo Hospitals' arm

Rediff.com28 Apr 2024

Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.

PM Modi has 'Naav Pe Charcha' with French President Hollande

PM Modi has 'Naav Pe Charcha' with French President Hollande

Rediff.com11 Apr 2015

Prime Minister Narendra Modi and French President Francois Hollande on Friday enjoyed a joint boat cruise on La Seine River in Paris which was described as "Naav Pe Charcha" (chat on the boat).

From Adani to Torrent, India Inc taps overseas funds for local M&As

From Adani to Torrent, India Inc taps overseas funds for local M&As

Rediff.com1 Nov 2023

Foreign banks and private credit funds are queuing up to fund acquisitions by Indian companies who are buying out their local rivals. The Adani Group, Torrent Group, and the Hindujas have approached several foreign banks and private equity (PE) firms to fund their acquisitions. Global investors have about $2 trillion of funds to invest, and about $100 to $150 billion is set aside for India, according to an estimate by JP Morgan.

When I took part in Pariksha pe Charcha 2.0

When I took part in Pariksha pe Charcha 2.0

Rediff.com31 Jan 2019

'The cold weather of Delhi was thawed away completely by the warmth of the prime minister,' says Kshitija Desai.

Munjals turn to PE for stake buy

Munjals turn to PE for stake buy

Rediff.com4 Sep 2010

Hero Honda, India's largest two-wheeler maker, could see a change in ownership as the Delhi-based Munjal family seeks to buy the stake held by partner Honda Motor Company of Japan in the joint venture. The Indian promoters are reportedly talking to private equity (PE) players to raise the money needed to buy the 26 per cent stake held by Honda Motor.

'BSP Is Not Somebody's Private Property'

'BSP Is Not Somebody's Private Property'

Rediff.com1 Jul 2024

'Mayawatiji no more controls the bahujan vote in UP.' 'In this election more than 40 per cent of the BSP's core voters blessed the SP without the SP even asking for it.'

PE investment rose 30% to $2.09 bln in Jan-March

PE investment rose 30% to $2.09 bln in Jan-March

Rediff.com1 May 2014

In MArch PE investment continued to show an uptrend.

China's tech crackdown may be good news for Indian start-ups

China's tech crackdown may be good news for Indian start-ups

Rediff.com2 Sep 2021

The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".

Why the Rahejas, Hiranandanis are staying away from PE

Why the Rahejas, Hiranandanis are staying away from PE

Rediff.com16 Apr 2015

Renowned realtors are shying away from the private equity (PE) route to raise funds.

PhonePe plans to ride on Walmart to become India's e-payments king

PhonePe plans to ride on Walmart to become India's e-payments king

Rediff.com18 May 2018

PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster

Corporate, PE investments in EV start-ups grow 170%

Corporate, PE investments in EV start-ups grow 170%

Rediff.com4 Dec 2019

The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.

Shameful! Shami slams Goenka over Rahul outburst

Shameful! Shami slams Goenka over Rahul outburst

Rediff.com10 May 2024

TV commentators Graeme Smith and Scott Styris remarked that such discussions should occur privately, not in front of the broadcasting cameras.

CBI registers PE to probe 'graft' in Embraer deal

CBI registers PE to probe 'graft' in Embraer deal

Rediff.com17 Sep 2016

The agency started a PE against unknown officials of Defence Ministry.

India's GDP grows 7.8% in Q4; 8.2% in FY24

India's GDP grows 7.8% in Q4; 8.2% in FY24

Rediff.com31 May 2024

India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday. Growth in the January-March period was lower than the 8.6 per cent expansion in the December quarter.

'Chai pe Crochet' for Modi

'Chai pe Crochet' for Modi

Rediff.com14 Nov 2015

A colourful crochet blanket made by over 4,000 diaspora women was on Saturday presented to Prime Minister Modi on the final day of his maiden UK visit under a 'Chai pe Crochet' initiative.

M&As likely to witness a strong comeback as PEs bet more cash in India

M&As likely to witness a strong comeback as PEs bet more cash in India

Rediff.com5 Sep 2023

Mergers and acquisitions (M&As) in India are expected to stay buoyant, seen over the last three-four years, despite a slowdown in the first seven months of the calendar year. "M&A is a lumpy business activity, and we may suddenly see large deals taking place during the next two quarters of the calendar year. "This would help maintain the streak of strong M&A activity.

PE investments forecast to reach $17 bn soon

PE investments forecast to reach $17 bn soon

Rediff.com20 Jul 2010

According to 'India PE Report 2010', released by global consultancy Bain & Company, there is renewed confidence among the leading PE investors about the Indian market.

PE deals' valuation surged to $1.8 bn in May

PE deals' valuation surged to $1.8 bn in May

Rediff.com17 Jun 2013

This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.

Bikanervala to go for IPO in next three years

Bikanervala to go for IPO in next three years

Rediff.com31 Aug 2023

Indian sweet, snack, and restaurant chain group Bikanervala, with revenues of over Rs 3,000 crore, is working towards an initial public offering (IPO) for its food company in the next three years. Before that, it could also bring in private equity (PE) investors. The low-profile Aggarwal family-owned group company, Bikanervala Foods (which also sells under the brand name Bikano), operates in the snack business.

Analysts remain selective about space-related stocks

Analysts remain selective about space-related stocks

Rediff.com7 Mar 2024

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.