News for 'PE'

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Rediff.com9 Jul 2025

New-age stocks to buy: Most new-age stocks have turned out to be wealth destroyers in stock markets, so far, in calendar year 2025. Shares of Ola Electric Mobility, for instance, have plunged nearly 50 per cent in the first half of CY 2025, while those of Swiggy, PB Fintech, Paytm, and Eternal (Zomato) have crashed between 6 per cent and 25 per cent, ACE Equity data shows.

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.

Aiming to list Jio in first half of 2026: Mukesh Ambani

Aiming to list Jio in first half of 2026: Mukesh Ambani

Rediff.com29 Aug 2025

Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.

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.'

What's A R Rahman Doing At Paris Fashion Week?

What's A R Rahman Doing At Paris Fashion Week?

Rediff.com25 Jun 2025

An Indian may not have been walking the ramp at the 2026 Milan and Paris Spring Summer Fashion Weeks but Indian influences were certainly making their presence felt in unusual ways.

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.

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.

Taare Zameen Pe: Indian cricket stars FAIL on Ranji return

Taare Zameen Pe: Indian cricket stars FAIL on Ranji return

Rediff.com23 Jan 2025

But they seemed to learn nothing from their past mistakes.

Pant applauded for enthralling century at Leeds

Pant applauded for enthralling century at Leeds

Rediff.com22 Jun 2025

True to form, Pant brought up his seventh Test hundred in the most Pant-esque way possible, with a soaring one-handed six off Shoaib Bashir. A

'Sholay Is Not Perfect'

'Sholay Is Not Perfect'

Rediff.com18 Aug 2025

'It's there in everyone's heart. That's the beauty of masterpieces.'

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.

India sees record deal activity in Feb at $7.2 bn

India sees record deal activity in Feb at $7.2 bn

Rediff.com15 Mar 2025

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.

Ganguly's biggest regret?

Ganguly's biggest regret?

Rediff.com23 Jun 2025

I should have scored my centuries: Ganguly's biggest regret

High on confidence, Akash Deep keyed on for India duty

High on confidence, Akash Deep keyed on for India duty

Rediff.com13 Aug 2025

'...when they feel that they need me for any format, they would summon. My job is to perform and be ready for call ups.'

Market Dip Opens Doors for Long-Term Investors

Market Dip Opens Doors for Long-Term Investors

Rediff.com25 Feb 2025

Buying stocks during a dip, says Amar Nandu, research analyst, Samco Securities, can lead to higher compounding returns when the uptrend begins.

In a first, citizens may self-enumerate during the Census

In a first, citizens may self-enumerate during the Census

Rediff.com7 Jul 2025

A special dedicated web portal will be launched for self-enumeration during the upcoming Census, which will be available for both phases of the national enumeration exercise, officials said Monday.

Did You Know Mukesh Sang These Songs?

Did You Know Mukesh Sang These Songs?

Rediff.com22 Jul 2025

Because of Mukesh's much-hailed association with Raj Kapoor, it is often overlooked that the singer has also scored hits with almost all major heroes. On Mukesh's 102nd birth anniversary on July 22, Dinesh Raheja recalls some of his classic songs.

Want To Invest in MNC Funds?

Want To Invest in MNC Funds?

Rediff.com19 Jul 2025

Despite recent underperformance, MNC funds have delivered over longer time frames.

Shuks begins return journey as Axiom-4 successfully undocks

Shuks begins return journey as Axiom-4 successfully undocks

Rediff.com14 Jul 2025

The Axiom-4 has successfully undocked and is making its way back to Earth, as observed by Axiom Space and the National Aeronautics and Space Administration (NASA) on Monday.

'R D Burman And Sholay Still Rule Our Hearts'

'R D Burman And Sholay Still Rule Our Hearts'

Rediff.com7 Aug 2025

'Panchamda created an exclusive theme music for Gabbar Singh, which is used throughout the film every time the dacoit makes an appearance, and in both concept and sound, is so eerie and evil.'

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.

Shuks' spacecraft to arrive with a sonic boom

Shuks' spacecraft to arrive with a sonic boom

Rediff.com15 Jul 2025

Astronaut Shubhanshu Shukla and the Axiom-4 mission crew successfully returned to Earth, splashing down off the coast of San Diego after an 18-day stay at the International Space Station.

'No One Approaches Me To Do A Bimbette's Role'

'No One Approaches Me To Do A Bimbette's Role'

Rediff.com29 Jul 2025

'After playing strong women like Kavita and Tulsi on television, it would be very difficult for audiences to accept me as a routine running-around-trees heroine.'

Rujuta Diwekar's Exam Time Tips

Rujuta Diwekar's Exam Time Tips

Rediff.com14 Feb 2025

The celebrity nutritionist said it was fine to eat the things that made one feel better during exams but suggested avoiding binge eating to counter stress.

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.

Sonam, contract killers to be taken to Shillong: SIT

Sonam, contract killers to be taken to Shillong: SIT

Rediff.com9 Jun 2025

After four people were arrested in the Indore couple case, Special Investigation Team (SIT) Chief, Herbert Pyniaid Kharkongor, said on Monday that they will get their transit remand to bring them to Shillong.

2024 an inflection point in race to become unicorn

2024 an inflection point in race to become unicorn

Rediff.com28 Feb 2025

Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.

Still looks saare jahan se accha: Shuks at ISS farewell

Still looks saare jahan se accha: Shuks at ISS farewell

Rediff.com13 Jul 2025

Astronaut Shubhanshu Shukla concludes his 18-day stay at the International Space Station, praising India's ambition, confidence, and pride as seen from space. He echoes Rakesh Sharma's iconic words and expresses gratitude to all involved in the Axiom-4 mission.

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

Rediff.com2 Jul 2025

Valuations at current levels have historically corresponded single-digit returns.

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.

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

BharatPe: GST authorities expand probe

BharatPe: GST authorities expand probe

Rediff.com9 Mar 2022

GST authorities have expanded the probe into alleged tax evasion by fintech firm BharatPe to include reported issuance of fake invoices by those close to the firm's ousted co-founder Ashneer Grover, an official said. GST authorities are now scrutinising BharatPe books of the last four years to see if bogus invoices were issued for services as well. BharatPe had stripped Grover and his wife Madhuri Jain of all positions after a preliminary report of an external audit commissioned by the fintech firm's board showed that the duo indulged in alleged misdeeds and financial irregularities.

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.

Investments In Startups On The Decline

Investments In Startups On The Decline

Rediff.com15 Apr 2025

In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about.

'India's paint market is highly local and competitive'

'India's paint market is highly local and competitive'

Rediff.com11 Jul 2025

'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'

'India Mein Casteism Hai Ya Nahi?

'India Mein Casteism Hai Ya Nahi?

Rediff.com17 Apr 2025

Anurag Kashyap has expressed his frustration over the release issues faced by Ananth Mahadevan's biographical drama Phule.

'What Happened With Kunal Kamra Is Not New To Maharashtra'

'What Happened With Kunal Kamra Is Not New To Maharashtra'

Rediff.com25 Mar 2025

'Twenty-five years ago, loyalists of the same (then undivided) political party stormed into my office.' 'They vandalised it, physically assaulted me, blackened my face, and forced me to apologise publicly -- by falling at the feet of an elderly woman -- for a single line of dialogue in my film.'

BharatPe: 'Why should I resign?'

BharatPe: 'Why should I resign?'

Rediff.com12 Apr 2022

'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'

'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.'

42 Years On... Where Are Kapil's Devils Now?

42 Years On... Where Are Kapil's Devils Now?

Rediff.com25 Jun 2025

42 years of World Cup triumph: A Day that made Indian cricket what it is