Private equity (PE) activity in India between January and November 2024 recorded a total value of $30.89 billion across 1,022 deals, a 22.7 per cent increase in value and an 18.4 per cent rise in deal count compared to $25.17 billion across 863 deals during the same period in 2023. Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion.
Arbitrage funds, the new favourite of individual investors, delivered their best performance in nearly a decade in 2024. On average, the schemes delivered 8 per cent return last year, the highest since 2016, according to data from Value Research. The returns were supported by positive equity market sentiments, surge in open interest in stock futures, high interest rate, among other factors, analysts said.
The Bombay High Court has imposed a cost of Rs 1 lakh on former cricket administrator Lalit Modi while dismissing his petition seeking an order to BCCI to pay penalty of Rs 10.65 crore imposed on him by ED for violating Foreign Exchange Management Act (FEMA).
'Will the LG be ready to rule with a light hand, having been vested with powers that amount to using a hammer to kill a fly?' asks Aditi Phadnis.
Mahindra & Mahindra (M&M) delivered a stronger-than-expected operational performance in the October-December quarter (Q3) of 2024-25 (FY25), driven by solid growth in its automotive (auto) and farm equipment segments. Higher volumes improved operating leverage, expanding margins.
Plumes of smoke could be seen billowing from the spot. A purported video of the aftermath of the explosion also surfaced on social media showing thick dense white smoke.
Vaani's cute Nimrat goes on holiday...Alaya gets the blues...
On November 18, the apex court directed all Delhi-NCR states to immediately set up teams to strictly enforce anti-pollution GRAP 4 restrictions, making it clear that the curbs would continue till further orders.
The Medal for Gallantry recipients also included Humayun Bhat, a deputy superintendent of police who was one of four officers to lay down their lives during an encounter with terrorists in south Kashmir's Kokernag in September 2023.
The incident took place on Saturday night after former DSP Ashok Sharma, who is a cancer patient, requested the two sisters to refrain from honking their car a day before, a police officer said, adding that Sharma escaped with minor injuries in the attack.
A controversy has erupted over the alleged misrepresentation of the India map on the posters displayed by the Congress to commemorate the centenary of 1924 Congress session in Karnataka's Belagavi, with the Bharatiya Janata Party dubbing it as 'vote bank' politics by the national party.
What some of our politicians were up to on Friday, October 18, 2024.
A bench comprising Justices Sanjiv Khanna and Sanjay Kumar passed the remark while hearing a batch of petitions filed by former Rajya Sabha MP Subramanian Swamy, advocate Vishnu Shankar Jain and others, who have challenged the inclusion of words "socialist" and "secular" in the Preamble of the Constitution.
The ladies looked gorgeous at Ektaa R Kapoor's annual Diwali party at her residence. And then, there were the good looking couples, who added even more glamour to the proceedings.
The upcoming Delhi Assembly elections will see around 20 candidates who have switched parties, with the AAP, BJP, and Congress fielding former foes in a bid for political gains. While these candidates aim to prove themselves in their new political homes, they face challenges including apprehension among members of their adopted parties. The article provides details of prominent leaders who switched sides, including those who joined the AAP, BJP, and Congress.
Incorporating a bling bag into your wedding look is all about balance and intentional styling.
The eastern Ladakh military standoff between India and China began in May 2020 and a deadly clash at the Galwan Valley in June that year resulted in a severe strain in ties between the two neighbours.
Nine seats are going to polls in Uttar Pradesh, four in Punjab and one in Kerala.
Exactly a month before he passed away on June 2, 1988, Raj Kapoor was given the prestigious Dadasahed Phalke by the then President of India, Ramaswamy Venkataraman.
Two members of a three-member judicial commission formed by the Uttar Pradesh government to investigate the November 24 violence in Sambhal arrived in Moradabad on Saturday and are expected to visit the violence-hit town on Sunday. The commission, headed by retired Allahabad High Court judge Devendra Kumar Arora, has been tasked with determining if the clashes were spontaneous or a planned conspiracy and assessing the police and administration's response. The commission will also analyze the events leading to the violence and recommend measures to prevent similar incidents in the future.
Take inspiration from these cutting-edge designs worn by fashion-forward celebs to ensure turn heads with your ultra-mod style.
Nearly 3,000 polling booths have been identified as sensitive, and special security arrangements, including drone surveillance, have been ensured at some of these locations.
The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation. It is used as the base to calculate crucial macroeconomic indicators, such as fiscal deficit, revenue deficit, and debt-to-GDP ratio.
Shane Sabastian Pereira, born in Karachi, Pakistan, was granted Indian citizenship after 43 years of living in his ancestral village in Goa. He is the second person from the coastal state to receive the certificate under the Citizenship (Amendment) Act. Pereira's journey to citizenship highlights the impact of the CAA on individuals seeking to become Indian citizens.
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
They said a Delhi Police Special Cell team nabbed four people from South Delhi's Mahipalpur and confiscated the consignment weighing over 602 kilograms.
The toll in the clashes between police and protesters opposing a court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, rose to four following the death of one more injured person, officials said on Monday.
The Aam Aadmi Party (AAP), led by Arvind Kejriwal, suffered a major setback in the Delhi Assembly elections, losing to the Bharatiya Janata Party (BJP). The loss marks a significant blow to Kejriwal's national ambitions and raises questions about the future of the party. The AAP had been in power in Delhi for the past 10 years and had also formed a government in Punjab. Despite the defeat, the party still holds 13 MPs from Punjab and Delhi. The article examines the factors that contributed to the AAP's defeat, including allegations of corruption, poor civic facilities, and the BJP's relentless attacks. It also explores the impact of the loss on Kejriwal's national aspirations and the party's future.
The BJP government in Gujarat has formed a five-member committee, headed by a retired Supreme Court judge, to assess the need for the Uniform Civil Code (UCC) in the state and to draft a bill for the same. The committee will submit its report within 45 days. The decision has sparked debate with the Opposition claiming it is an attempt to divert attention from pressing issues ahead of the upcoming local body polls, while the government insists the UCC will protect the rights of tribal communities. The committee will consult with religious leaders, including those from the Muslim community.
A goods train derailed in Peddapalli district of Telangana, leading to the cancellation of 39 passenger trains, officials of South Central Railway (SCR) said on Wednesday.
Kejriwal said he and the Aam Aadmi Party are "hardcore honest".
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
A bench of Justices Abhay S Oka and Augustine George Masih therefore directed the Delhi police commissioner to immediately inform all the stakeholders concerned about the ban order and ensure no sale and manufacture of crackers.
Aam Aadmi Party national convenor Arvind Kejriwal claimed on Wednesday that Delhi Chief Minister Atishi may be arrested in a 'fake' case by the central investigative agencies at the behest of the Bharatiya Janata Party.
The implementation of this toll collection system, which will eventually eradicate toll booths, necessitates the fitting of an on-board unit (OBU) in every vehicle that can track a vehicle's location in real time.
Shams Mulani and Tanush Kotian together claimed six wickets for only 23 runs to put Mumbai within sniffing distance of the Irani Cup triumph despite Abhimanyu Easwaran's heroic 191.
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
Shares of Bajaj Finance surged over 6 per cent on Thursday after the diversified non-banking finance company reported an 18 per cent increase in consolidated net profit to Rs 4,308 crore for the December quarter. The stock rallied 6.33 per cent intraday to touch Rs 8,249.95 - a 52-week high -- on the BSE.
Andhra Pradesh's Jyothi Yarraji and Tejas Shirse of Maharashtra won their third successive gold medals in the women's 110m hurdles and men's 100m hurdles respectively at the National Games in Dehradun.