News for 'PE'

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

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.'

Ganguly's biggest regret?

Ganguly's biggest regret?

Rediff.com23 Jun 2025

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

'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.'

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.

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.

'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.'

Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Rediff.com31 Mar 2023

Walmart-owned digital payments firm PhonePe has decided to halt its proposed acquisition of Goldman Sachs- and Xiaomi-backed ZestMoney, a Bengaluru-based buy now, pay later (BNPL) platform. The deal, which was poised to fetch anywhere between $150-200 million and $300 million, has hit a snag over lapses in due diligence, disagreements over valuation, sustainability of the business, and shareholding structure of ZestMoney, according to people familiar with the matter. The collapse of the deal is also being attributed to a slowdown in the financial technology (fintech) sector in the midst of a funding winter, difficult regulatory environment, and macroeconomic uncertainty, informed other sources.

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.

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.'

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.

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.

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.

'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.'

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.

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.

'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.

'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.'

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.

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.

BharatPe removes Ashneer Grover from all company positions

BharatPe removes Ashneer Grover from all company positions

Rediff.com2 Mar 2022

Fintech firm BharatPe on Wednesday said it has removed co-founder Ashneer Grover from all positions at the company. BharatPe has also found involvement of Grover family and relatives in extensive misappropriation of the company's funds. "The board will not allow the deplorable conduct of the Grover family to tarnish BharatPe' s reputation or that of its hard-working employees and world-class technology.

'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.'

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.

BharatPe: Another founder vs investor battle starts

BharatPe: Another founder vs investor battle starts

Rediff.com4 Feb 2022

With Bharatpe's co-founder Ashneer Grover launching an offensive against the firm's investors after facing a probe over alleged fraud, abrasive behaviour and corporate governance issues, the company on Friday said questioning the integrity of board members and misrepresentation of facts is painful. "The (company) board in all its actions has followed due process in the best interest of the company. We would urge that the confidentiality and integrity of the governance review and board meetings is maintained by all," BharatPe said in a statement. The statement followed Grover, who was sent on a three-month leave following allegations of using abusive language against Kotak Mahindra Bank staff and for fraudulent practices, reportedly saying he was "arm-twisted" by the company's investors into going on leave and that he had lost confidence in CEO Sameer Suhail.

'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.

'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.'

PE fund Advent to buy Suven Pharma

PE fund Advent to buy Suven Pharma

Rediff.com26 Dec 2022

Global private equity investor Advent International on Monday said it is acquiring a significant stake in Suven Pharmaceuticals from its promoters, the Jasti family. The PE major said this will be followed with an open offer to acquire 26 per cent more in the listed contract development and manufacturing organisation from public shareholders, and also merge the company with investee company Cohance Lifesciences, as per an official statement. Media reports on a Monday morning pegged the acquisition at Rs 6,300 crore, and that Advent had pipped rival Blackstone for the acquisition.

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.

'BharatPe board is charting out path for listing'

'BharatPe board is charting out path for listing'

Rediff.com7 Apr 2022

'The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner.'

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.

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

BharatPe files arbitration to claw back co-founder Ashneer Grover's 1.4% shares

BharatPe files arbitration to claw back co-founder Ashneer Grover's 1.4% shares

Rediff.com9 Dec 2022

Upping the ante, fintech unicorn BharatPe has filed an arbitration for clawing back it's former MD and co-founder Ashneer Grover's restricted shareholding and founder title, sources said. The arbitration was filed on Thursday under Singapore International Arbitration Centre (SIAC) rules, sources with direct knowledge of the matter said. If relief is granted, Grover may lose his unvested shares and right to use the founder title.

'Our partnership with BharatPe is firm and good'

'Our partnership with BharatPe is firm and good'

Rediff.com8 Feb 2022

'Banking is a business of trust.'

Can Motherhood Kill An Actor's Career?

Can Motherhood Kill An Actor's Career?

Rediff.com25 Jun 2025

Kareena has been a leading lady now for 25 years, Deepika for almost two decades and Alia for over a decade. Dinesh Raheja chronicles the changing ways Bollywood has treated actor-moms.

PE inflows plunge 42% to $23.3 bn in 2022

PE inflows plunge 42% to $23.3 bn in 2022

Rediff.com10 Jan 2023

Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.

Ashneer Grover quits as BharatPe MD

Ashneer Grover quits as BharatPe MD

Rediff.com1 Mar 2022

The board meeting is scheduled to be held on Tuesday to discuss the PwC report findings on Grover's conduct. There have been allegations of financial irregularities against him. According to sources, Grover in his resignation letter said that he is being forced to bid adieu to a company of which he is a founder. Grover alleged in the letter that he and his family have been embroiled in baseless and targeted attacks by a few individuals, who are ready to not only harm his reputation, but also the reputation of the company. Queries sent to Grover did not elicit any immediate reply.

'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.'

GST fraud probe into BharatPe finds deals with non-existent vendors

GST fraud probe into BharatPe finds deals with non-existent vendors

Rediff.com6 Mar 2022

An audit conducted by professional services firm Alvarez and Marsal confirms fintech firm's dealings with fake or non-existent vendors.

Parl passes 3 criminal law bills, Shah says end of 'tareekh-pe-tareekh' era

Parl passes 3 criminal law bills, Shah says end of 'tareekh-pe-tareekh' era

Rediff.com22 Dec 2023

The bills that repeal and replace the Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act will usher in a new era in the criminal justice system, Home Minister Amit Shah said