Summary of sports events and persons who made news on Tuesday
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Indian equities are no longer cheap vis-a-vis global markets, and only a short distance away from being the most expensive they have ever been.
Several experts are of the view that inflationary pressure, including that in food items, may build from October with economic activity gathering steam. However, the price movement in three key items of tomato, onions and potatoes, commonly known as TOP, may give some solace in the months to come. Traders and market watchers said the price movement in all the three will remain within the band sans any unusual spikes.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Smoothly juggling Sandhya's curiosity and closure until her moment of awakening, Sanya Malhotra is emerging into one of the finest actresses of this generation, observes Sukanya Verma.
The letter rogatory, a judicial request for information from an Indian court to a court abroad, was sent recently to the United Kingdom, Singapore, Mauritius, Bermuda and Switzerland, they said.
Private Equity investment in Q1, 2015 witnessed a year- on-year jump of 30 per cent to $2.6 billion.
The Indian community groups in United Kingdom have launched a 'Modi Express' bus for a month-long tour around iconic landmarks to mark Prime Minister Narendra Modi's maiden visit to the country in November.
With this round of funding, Flipkart's valuation has reached USD 11.6 billion, and US IT major Microsoft joins the marketplace as a strategic investor.
The global realty consultant attributed the rise in PE investments to increased attraction of institutional investors towards leased income generating office buildings.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
'As a family, we were not going through a very good time financially.' 'I wanted to be an interior designer, but I didn't have enough money to join the polytechnic.' 'I was about 15-and-a-half, 16, so I said okay, let me just try (acting).'
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
Almost all the big mall developers/investors - such as Raheja-owned Inorbit Malls, Xander-APG joint venture Virtuous Retail South Asia (VRSA), property developer Prestige Estates Projects, and Blackstone-owned Nexus Malls - are looking to double their space in a year or two.
The lowest FMCG index valuation has been around PE 27, while the highest have been above 42PE.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
There are many, many instances of this 'dark' approach. Sukanya Verma looks at a few.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
Rupee depreciation to cut earnings 3-4 per cent in FY14.
Devangshu Datta highlights the silver lining for the long-term investor.
It could reach more than 530 million viewers on TV and a few hundred million more online. But can it make money for Disney Star?
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
We are already reading and watching news from around the world.
After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Its time the RBI, govt pushes reforms to boost global investment
RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
'I joined Hrishida when I was 17.' 'He left me with a lifetime of memories.'
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
Investors would have much preferred a gritty, honest appraisal of the tough trade-offs.
Hands down, the star of the show is Rajkummar Rao, observes Sukanya Verma.
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances