'The BCB announced the schedule for India's tour of Bangladesh because there was a sense of positivity but now we need to get an official confirmation from the Indian board as to why Mustafizur's contract was cancelled.'
'There has been an internal communication from ICC to BCB with regards to security in India. But what Asif Nazrul said is a complete lie.'
There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.
A few insiders at CAB have claimed that its president Ganguly may have a 'say' in the pitch, which could assist pacers. But KKR are not wary.
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
India Ombudsman DK Jain has received two complains that Sourav Ganguly will be 'conflicted' if he performs his role as Delhi Capitals' advisor
Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
Ganguly feels it is the talented Indian batting line-up in DC that will make a difference in the tournament.
The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.
In his new role, Ganguly will work closely with the team's head coach Ricky Ponting.
Delhi Capitals advisor Sourav Ganguly described Shikhar Dhawan as one of the best opening batsmen in the world while revealing that his franchise was "desperate" to rope in the left-hander after he left Sunrisers Hyderabad.
The former India captain said he was not a part of any committee that was overseeing the organisation of the ongoing Indian Premiere League.
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.
This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.
Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
The former McKinsey India head is presently on board of many big Indian conglomerates.
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