'When he appeared on Indian Idol, he was on a wheelchair and he had difficulty moving around.' 'It was sad to see him in failing health'.'
The power minister briefed the investors on various steps undertaken by the government.
Indian-origin telecom titan Arun Sarin, who is retiring as Vodafone CEO in July, is likely to venture into private equity business and may also join boards of large international companies as a non-executive director.
Global and Indian private equity biggies as well as strategic players are in the race to acquire a minority stake in Excel Soft Technologies, the Mysore headquartered e-learning firm. This six-year-old firm provides a range of customised learner-centric Learning systems, Test & Assessment systems and Desktop tools.
At 235,000 tonnes per annum, Pakistan is the third largest importer of tea in the world as it can't grow tea because of adverse climate conditions. India supplies just about a tenth of tea imported the neighbouring country
With global investors buying into the India growth story, the size of private equity deals in the country has doubled in the last two years.
From PhonePe to Jio, everyone wants to be a Super App but it is still unclear if they will actually work in India.
Sources further said that WhatsApp's policy update would also be evaluated in the context of the current legal framework.
Leasing activities of office and retail spaces would not be affected much.
Bhargava along with Harsha Raghavan, the former India head of Candover Investments, have formed Steer Capital.
Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.
22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.
It's time to put those cricket bats and footballs away and make room for sports that will push you to your physical and mental limits. We bring you to five sports from India that will both tone your body and fire your imagination.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
RBI's swap windows have boosted foreign inflows over the past two months.
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
As Laal Singh Chaddha, the official remake of Forrest Gump, awaits release, we look at other remakes and how they have fared at the box-office.
Walmart, the world's largest retailer, is tripling its sourcing from India to about $10 billion a year by 2027, said Judith McKenna, president, and chief executive officer of Walmart International, the segment which includes the company's operations outside the US. "To achieve this, we are growing our sourcing team in India," said McKenna, during a fireside chat with YourStory founder Shradha Sharma at Converge@Walmart, the flagship event of Walmart Global Tech India. "Walmart has a 20-year history of sourcing from India and already exports more than $3 billion worth of Made-in-India goods each year to 14 markets worldwide." McKenna said the company has expertise in processes such as international standards and demand forecasting that businesses need to get ready to export.
'I have lost a piece of my heart.' 'I can cry me a river and write words & words.. but I can never completely express what he means to me.' 'Mera yaar ...KK!!'
Only nine out of India's 29 states have Hindi as the official language, so why impose Hindi on the other states, asks Syed Firdaus Ashraf.
Investors who play follow-the-leader and invest wherever the Foreign Portfolio Investors are going may face painful losses.
Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so is SoftBank-backed Cars24, a leading e-commerce platform for pre-owned vehicles, which has laid off over 600 staff, according to sources in the know. The move, they said, is aimed at conserving cash amid cautious investor sentiment and a slowdown in funding.
Illustration: Uttam Ghosh/Rediff.com After a brief respite at the year's start, FPIs have dumped shares worth more than $5.7 billion (Rs 42,596 crore), taking the cumulative net outflows since October to $10.5 billion (Rs 78,466 crore), and adding to the volatility on the bourses. The figure would have been a lot worse had it not been for net purchases to the tune of $5.7 billion in the primary market from October to date.
The $108 billion Indian IT-ITeS industry is also witnessing the rise of tier II and III cities like Kochi, Ahmedabad and Kolkata as product hubs.
The political economy of the IPO market involves regulators empathising with intermediaries, and designing a bridge that systematically takes wealth away from founders, VC and PE funds, and business houses, explains Ajay Shah.
When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.
The move will help the LPs save the fee they pay private equity firms and play an active role in these investments.
The US is pressing for taxing digital economy through the 'marketing intangibles' principle and the UK through a 'user-base' principle.
Investors prefer exits with lower valuation to staying invested for a longer term
'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'
Investors have stepped up ploughing money into the healthcare sector in India.
What makes Nagaraj's achievement significant is the fact that there have been only about 80 Intel Fellows globally in the 50 years of the company's operation.
Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.
'Those who say the Indian Army is persecuting Kashmiris... I will tell them that the reality is that the Kashmiri loves the fauj and what all the Indian Army has done.'
While comparing from July, deal value in August was up 60 per cent due to some large deals during the month.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
A Ganesh Nadar/Rediff.com records a heated discussion on NaMo at one of Varanasi's best-known locations.
Likening India's progress to that of a vehicle that only has accelerator and no brakes, the RSS chief said those trying to stop it will either step aside or be eliminated.
They need to upgrade their skills and become smaller, smarter organisations, says Devangshu Datta.
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