Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.
Today, it holds $131 billion in assets under management.
Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.
Need for much more investment; sector would like govt help
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
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The move draws a line under the Swiss government's rescue of UBS nearly five years after the bank threatened to collapse under the weight of more than $50 billion in losses on mortgage securities.
Presenting tips and case studies about innovation, management, leadership, growth, technology and investment.
State Bank of India partnered GE Capital in 1998 for its credit card business.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Coffee Day Enterprises Ltd is backed by KKR & Co.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Buying stocks during bad times can lead to good returns.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
It is the fundamentals of companies that will drive stock performance.
Reliance Industries on Friday announced the sale of 2.32 per cent stake in its digital unit to US-based Vista Equity Partners for Rs 11,367 crore, the third deal in a little over two weeks that will inject a combined Rs 60,596.37 crore in the oil-to-telecom conglomerate to help it pare debt. The US-based private equity firm will buy a stake in Jio Platforms, which houses the country's youngest but biggest telecom firm Jio, at an equity value of Rs 4.91 crore and an enterprise value of Rs 5.16 crore.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
The Nifty and Sensex traded close to their respective all-time highs.
Vishal Sikka reiterates infy's commitment to surpass sector growth rate in FY17, be a $20-bn revenue firm in CY2020.
UBS India, the domestic franchise of Swiss banking major UBS Group which last month surrendered its banking licence, has started laying off around 50 people, who are affected by the decision.
Bankers say it's a question of survival for debt-heavy companies.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
Enforcement Directorate sources tell Vicky Nanjappa/Rediff.com that the probe into FDI received by Flipkart continues and a show cause notice will be issued to the online retailer.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.
