News for 'PE'

Harbhajan Slammed For 'Kaali Taxi' Remark

Harbhajan Slammed For 'Kaali Taxi' Remark

Rediff.com24 Mar 2025

Harbhajan Singh's comment on Jofra Archer's expensive spell drew accusations of racial insensitivity.

How Sonakshi, Katrina Celebrated Holi

How Sonakshi, Katrina Celebrated Holi

Rediff.com14 Mar 2025

Film folk make memories on Holi and show the world how they celebrated the festival of colours.

PE inflow in real estate declines to $3 bn: Knight Frank

PE inflow in real estate declines to $3 bn: Knight Frank

Rediff.com21 Dec 2023

Global investors have been cautious this year to put money into Indian real estate, as private equity inflow is down 44 per cent till December 12 to $3 billion compared to the entire previous year, according to Knight Frank. Real estate consultant Knight Frank India on Thursday released its data showing that the Indian real estate market received $3,024 million in PE investments from 23 deals between January 1 and December 12 this year, as against $5,357 million recorded in 2022.

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore

Rediff.com22 Feb 2024

Fintech major PhonePe on Wednesday announced the launch of its homegrown Indus Appstore specifically for the Indian market, in a bid to compete with global incumbents like Google Play Store and Apple's App Store. The Indus Appstore is PhonePe's attempt at creating a more competitive and localised mobile app store economy for India, which is already the world's largest market for mobile apps.

'Devdas Made People Realise I Could Act'

'Devdas Made People Realise I Could Act'

Rediff.com22 May 2025

'I saw Bimal Roy's Devdas again a few years ago, almost 50 years after it had been made.' 'I found it very intelligently made; the scenes flowed so beautifully.' 'There is just one scene with both Suchitra Sen and me in the film, and it's beautiful.'

Got offer to conduct encounter of Walmik Karad: Suspended cop

Got offer to conduct encounter of Walmik Karad: Suspended cop

Rediff.com15 Apr 2025

A suspended police sub-inspector from Beed, Maharashtra, India, has alleged that he was offered money to carry out an "encounter" of Walmik Karad, an accused in the murder case of sarpanch Santosh Deshmukh. The suspended cop, Ranjeet Kasle, claims he mentioned the names of the individuals who made the offer in a local police station diary. However, a senior police official from Beed has dismissed Kasle's claims as baseless and demanded proof. Kasle was suspended earlier while serving as a sub-inspector in the local cyber crime department. Deshmukh, the sarpanch of Massajog village, was abducted and killed last December allegedly for attempting to stop extortion targeting an energy company. Karad is among eight individuals arrested in connection with the murder and charged under the Maharashtra Control of Organised Crime Act (MCOCA). The state Crime Investigation Department (CID) filed a chargesheet in the case last month. Kasle's claims come amidst ongoing investigations into the custodial death of Badlapur sexual assault case accused Akshay Shinde. Kasle has demanded a central government SIT to investigate Shinde's death, believing it will reveal the truth.

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

Rediff.com17 Nov 2023

BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech firm, sources said. The couple were to travel to New York late on Thursday for vacation when they were stopped at the airport on the basis of a look out circular issued by the Economic Offences Wing (EoW) of the Delhi police. EoW is investigating complaints of payments being made at BharatPe to fake human resource consultancies allegedly operated by Grover and family. They have also been accused of backdating invoices to use funds.

Haldiram inks pact with Temasek as strategic investment partner

Haldiram inks pact with Temasek as strategic investment partner

Rediff.com30 Mar 2025

Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will "acquire an equity stake from the existing shareholders" of India's largest packed snack and sweets company and restaurant operator, according to a statement issued on Sunday. It did not disclose details of the deal or the valuation at which Temasek acquired the equity stake, but this is the first official confirmation of the deal from Haldiram.

Dushman ki goli peeth pe nahi, chhati pe khaani hai: Kargil martyr

Dushman ki goli peeth pe nahi, chhati pe khaani hai: Kargil martyr

Rediff.com27 Jul 2023

The battalion launched an attack and came under intense fire from the enemy after reaching the hill top. Singh died in the gun battle and was awarded a Sena Medal posthumously.

Once overlooked: How a teacher's son humbled CSK

Once overlooked: How a teacher's son humbled CSK

Rediff.com8 Apr 2025

Priyansh, a 24-year-old southpaw from Delhi, made a stunning debut for the Punjab Kings, smashing a 39-ball century in his first IPL game.

What Are PhonePe's Expansion Plans?

What Are PhonePe's Expansion Plans?

Rediff.com17 Apr 2023

'We want to achieve overall profitability, and then we would go for an IPO.'

CBI registers PE against TMC MP Mahua Moitra

CBI registers PE against TMC MP Mahua Moitra

Rediff.com25 Nov 2023

The Ethics Committee of Lok Sabha is also looking into the allegations against her.

Rs 50K cr shares to unlock soon; sellers may sweat

Rs 50K cr shares to unlock soon; sellers may sweat

Rediff.com25 Feb 2025

Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Historically, such substantial volumes have been absorbed by a buoyant block-deal market.

'Insaniyat Zindabad: If I Die Saving Them, So Be It'

'Insaniyat Zindabad: If I Die Saving Them, So Be It'

Rediff.com30 Apr 2025

'I will do it again. I am ready to put my life in danger a second time. This is my land, this is my responsibility'

Beleaguered Gensol's independent director quits

Beleaguered Gensol's independent director quits

Rediff.com17 Apr 2025

Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.

'Prepare Without Worrying About Pressure'

'Prepare Without Worrying About Pressure'

Rediff.com10 Feb 2025

'During a match, there is a lot of noise from the stadium -- cheers for sixes and fours -- but the batter focuses on the ball, not the pressure.' 'If you don't take pressure and focus on your duty, you can overcome stress easily.'

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Rediff.com3 Apr 2025

More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.

'Liquidity In The Market Is Drying'

'Liquidity In The Market Is Drying'

Rediff.com22 Feb 2025

'The pain can be more in the days ahead.'

Railway Staff Sacked For Throwing Garbage From Train

Railway Staff Sacked For Throwing Garbage From Train

Rediff.com7 Mar 2025

A passenger shot the video of the railway worker throwing railway garbage out of the train and posted it online.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Bhumi, Vikrant's Pariksha Gyaan

Bhumi, Vikrant's Pariksha Gyaan

Rediff.com18 Feb 2025

'Eat well, rest well; keep improving; and go play, unplug.'

Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

Rediff.com5 Apr 2025

News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.

BharatPe's Ashneer Grover 'fined' Rs 2 lakh

BharatPe's Ashneer Grover 'fined' Rs 2 lakh

Rediff.com28 Nov 2023

The Delhi high court on Tuesday imposed Rs 2 lakh as costs on BharatPe co-founder Ashneer Grover in the matter related to his alleged defamatory social media posts against the fintech company. Justice Rekha Palli took on record the apology and the undertaking given by Grover but proceeded to impose costs on him, saying the "court cannot be taken for granted". The judge, while dealing with a plea by Resilient Innovations Pvt Ltd - which owns BharatPe - against its former MD, said the court was "appalled" to note the "persistent" and "blatant" violation of the earlier orders and assurances given by Grover in this regard.

Students, Deepika Has A Message For You

Students, Deepika Has A Message For You

Rediff.com12 Feb 2025

'Being stressed is natural and it is a part of life. How we handle it is the important thing.'

'Embrace hard work', Mary Kom tells students

'Embrace hard work', Mary Kom tells students

Rediff.com17 Feb 2025

'If you are willing to shine like the sun, you must be willing to burn like it.'

'Sar pe laal topi Rusi...': Modi mentions Raj Kapoor, Mithun in Moscow

'Sar pe laal topi Rusi...': Modi mentions Raj Kapoor, Mithun in Moscow

Rediff.com9 Jul 2024

Modi's high praise of Russia as an ally and Putin's leadership came amid ongoing efforts by the Western world to isolate the Russian leader over the war in Ukraine.

Assam Congress leader held for social media post on BJP leaders

Assam Congress leader held for social media post on BJP leaders

Rediff.com16 Mar 2025

Assam Congress spokesperson Reetam Singh was arrested on Saturday for a social media post questioning the status of cases registered against three senior BJP leaders, including a former state chief and two serving MLAs. The arrest came after a complaint by the wife of BJP MLA Manab Deka, who was mentioned in Singh's post. Singh's arrest was met with criticism from the Congress, with Deputy Leader of Congress in Lok Sabha Gaurav Gogoi alleging that Singh was "brutally dragged away" by police.

'Everyone Hated Me And I Loved It'

'Everyone Hated Me And I Loved It'

Rediff.com6 Mar 2025

'Mrs shows a dark side to the son and the father.' 'I had to do things that I wouldn't dare to do in real life.'

Can't Look Away From Deepika

Can't Look Away From Deepika

Rediff.com8 Feb 2025

Ibrahim sings Ishq Mein... Palak looks hot in the elevator... Urvashi is in V-Day mood...

PhonePe raises $350 mn at $12 bn valuation

PhonePe raises $350 mn at $12 bn valuation

Rediff.com19 Jan 2023

Walmart-owned digital payments app Phonepe on Thursday said it has raised $350 million at a valuation of $12 billion in a funding round led by private equity firm General Atlantic. "Marquee Global and Indian investors are also participating in the round," PhonePe said in a statement adding the investment marks the first tranche of an up to $1 billion total fundraise that commenced in January 2023. The fundraise follows PhonePe's recently announced change of domicile to India and full separation from Flipkart.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

The Diplomat Review: John Abraham Plays It Safe

The Diplomat Review: John Abraham Plays It Safe

Rediff.com14 Mar 2025

The possibilities of this serviceable thriller are immense but the makers prefer to play it safe and hold back the daredevil in the diplomat's clothing, observes Sukanya Verma.

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

'People Take Offence To My Jokes So I Have Stopped Joking'

'People Take Offence To My Jokes So I Have Stopped Joking'

Rediff.com4 Feb 2025

'I have passed this to my son Aryan and told him 'Jaa beta, baap ka naam roshan kar.'

FIR against BharatPe co-founder Ashneer Grover, his wife, family

FIR against BharatPe co-founder Ashneer Grover, his wife, family

Rediff.com11 May 2023

The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged Rs 81 crore fraud after a complaint by the fintech unicorn. The FIR, a copy of which has been seen by PTI, was filed under eight sections of the Indian Penal Code, including 406 that deals with criminal breach of trust, 420 (cheating and dishonesty), 467 and 468 (forgery). BharatPe in the complaint alleged that Grover and his family caused damages of about Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through passthrough vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by Madhuri Jain and destruction of evidence.

Said what 1st dy CM said about 2nd dy CM: Kamra on Shinde row

Said what 1st dy CM said about 2nd dy CM: Kamra on Shinde row

Rediff.com25 Mar 2025

In a lengthy statement on X late Monday night, a defiant Kamra said those busy leaking his number on social media or calling him incessantly should know that it all goes to his voicemail where they will be subjected to "the very song" that they hate.

Number of UPI apps grows in 2024, yet top two command maximum market share

Number of UPI apps grows in 2024, yet top two command maximum market share

Rediff.com30 Dec 2024

In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI's launch in 2016. This surge reflects growing interest from financial technology (fintech) companies, driven by the integration of credit products like UPI-linked credit cards and pre-approved credit lines.

Kohli Seeks Spiritual Solace In Vrindavan

Kohli Seeks Spiritual Solace In Vrindavan

Rediff.com10 Jan 2025

Virat Kohli and Anushka Sharma visited Vrindavan Dham with their children, Vamika and Akaay, to pay their respects to their spiritual guru, Premanand Maharaj.

PhonePe first Indian fintech player to allow UPI payments abroad

PhonePe first Indian fintech player to allow UPI payments abroad

Rediff.com8 Feb 2023

PhonePe said on Tuesday it has launched a service that will allow the fintech firm's Indian users traveling abroad to pay foreign merchants using Unified Payments Interface (UPI). 'UPI international' supports merchant outlets in UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR (quick response) code. Users will be able to make direct payments in a foreign currency from their Indian bank, like they do with international debit cards.

'Nayanthara mam pe lattu huye ya nahi?'

'Nayanthara mam pe lattu huye ya nahi?'

Rediff.com16 Aug 2023

'Chup karo! Doh bacchon ki maa hain woh!! Ha ha.'