News for 'PE'

Erigaisi wins Stepan Avagyan Memorial, jumps to career-best live rank

Erigaisi wins Stepan Avagyan Memorial, jumps to career-best live rank

Rediff.com18 Jun 2024

He bagged the Menorca Open crown in April, finished second in TePe Sigeman Chess Tournament in May and also finished joint-fifth in the Sharjah Masters Open tournament.

Centre cancels UGC-NET amid NEET fiasco

Centre cancels UGC-NET amid NEET fiasco

Rediff.com20 Jun 2024

A fresh examination shall be conducted, for which information shall be shared separately, a senior Ministry of Education (MoE) official said.

Why analysts are bullish about Voltas ACs' earnings

Why analysts are bullish about Voltas ACs' earnings

Rediff.com22 Aug 2024

Voltas saw strong growth in both UCP (Unitary Cooling product) and EMPS (electro mechanical projects) segments.

Don't buy PE-backed stocks blindly

Don't buy PE-backed stocks blindly

Rediff.com6 Nov 2017

Though stocks backed by private equity investirs are likely to have higher governance standards, investors should do their own due-diligence, experts tell Sanjay Kumar Singh

PhonePe beats Google Pay, tops UPI app space in December

PhonePe beats Google Pay, tops UPI app space in December

Rediff.com19 Jan 2021

These top two apps account for more than 78 per cent of the UPI market in terms of volume of transaction, and 86 per cent of the market by value of transactions in December.

What industry leaders say on Karnataka's draft reservation bill

What industry leaders say on Karnataka's draft reservation bill

Rediff.com18 Jul 2024

Infosys will comply with whatever regulations and guidelines Karnataka comes up with, a top company official said on Thursday on the proposed reservations for locals in private firms in the state. Infosys employs over 3.15 lakh people at present across the globe. "We are planning to work with all the regulations of the state and central governments.

This is the next battleground for PhonePe, Amazon and Google

This is the next battleground for PhonePe, Amazon and Google

Rediff.com10 Oct 2020

The size of the Indian financial services market could touch around $340 billion in the next few years.

Q4 PE investment deal value touches $8,451 mn

Q4 PE investment deal value touches $8,451 mn

Rediff.com29 Apr 2019

A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart.

Multiple triggers ahead for affordable housing finance companies

Multiple triggers ahead for affordable housing finance companies

Rediff.com26 Jul 2024

Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).

Cong slams govt over delay in Class 6 textbooks

Cong slams govt over delay in Class 6 textbooks

Rediff.com5 Jul 2024

The textbooks themselves have not been finalised by the National Syllabus and Teaching Learning Material Committee (NSTC), he said.

PE deals jump 108% to $33.8 bn in 2020: Report

PE deals jump 108% to $33.8 bn in 2020: Report

Rediff.com6 Jan 2021

Close to $18 billion that Reliance Jio and Reliance Retail mopped up from a slew of private equity transactions in 2020 has pushed up the money inflows through this route by 108 per cent to $33.8 billion, according to an industry report. As per the data collated by Refinitiv, private equity investments increased 108 per cent in 2020 over the previous year, with the number of deals jumping from 665 in 2019 to 791 in 2020 at $33.8 billion, despite the pandemic. In 2019, total PE deals stood at $16.2 billion. Most of the fund inflows were in the third quarter, fetching $24 billion, which, however, tapered off in Q4 to just about $4.57 billion, as per the data from the agency that tracks financial transactions at a global level.

The Super Teachers of Bollywood

The Super Teachers of Bollywood

Rediff.com5 Sep 2024

Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.

The Super Teachers of Bollywood

The Super Teachers of Bollywood

Rediff.com5 Sep 2024

Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.

M&As pick up pace in Q1

M&As pick up pace in Q1

Rediff.com25 Apr 2024

The merger and acquisition (M&As) transactions have picked up pace in the March quarter of 2024 with 455 deals amounting to $25.6 billion deal value announced. This is a 24 per cent rise in deal volume as compared to Q4CY23, according to PwC India report. This signals a shift from the declining trend observed in 2023, as per PwC India's report Deals at a glance.

Take This COOL Bollywood Quiz!

Take This COOL Bollywood Quiz!

Rediff.com11 Apr 2024

Sukanya Verma quizzes you to find out just how much you know about the movies.

Fintechs boost hiring, strengthen leadership

Fintechs boost hiring, strengthen leadership

Rediff.com8 Feb 2024

In the backdrop of the crisis brewing at Paytm Payments Bank, major fintech companies are ramping up their workforce and inducting new faces in their leadership teams, industry sources said on Wednesday. Users will not be able to add funds to their Paytm Payments Bank Wallet after February 29, though they will still be able to use the services and the existing balance in the wallets, according to the Reserve Bank of India (RBI) diktat. Industry sources said that competitors to Paytm are investing heavily in offline payments while doubling their salesforce.

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

Union Budget 2024 remains largely neutral for stock markets in India

Union Budget 2024 remains largely neutral for stock markets in India

Rediff.com25 Jul 2024

Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer

Optimism in stock of Mahanagar Gas appears fully priced in

Optimism in stock of Mahanagar Gas appears fully priced in

Rediff.com18 Jul 2024

Mahanagar Gas (MGL) has just hiked prices for compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai Metro Area. The distributor raised prices by Rs 1.50 per kilogramme (kg) for CNG, bringing the price up to Rs 75 per kg, including taxes. Domestic PNG prices were hiked from Rs 1 per standard cubic meter (SCM) to Rs 48 per SCM, inclusive of taxes.

It's party, not...: UP dy CM's fresh remark amid BJP rift buzz

It's party, not...: UP dy CM's fresh remark amid BJP rift buzz

Rediff.com30 Jul 2024

Maurya's remarks assume significance as they came barely a couple of weeks after his statement that the party organisation will always be bigger than the government caused a flutter.

Modi preaches consensus but practices confrontation: Sonia slams Modi

Modi preaches consensus but practices confrontation: Sonia slams Modi

Rediff.com29 Jun 2024

Sonia also described the mention of Emergency by the PM, the Lok Sabha Speaker as an attempt to divert attention from the "assault on the Constitution".

Jio Platforms deals a big boost for PE investments

Jio Platforms deals a big boost for PE investments

Rediff.com2 Jul 2020

Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.

Stake sales by promoters, private equity investors 2.2 times of 2022

Stake sales by promoters, private equity investors 2.2 times of 2022

Rediff.com29 Sep 2023

Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. So far this calendar year, the selling stands at over Rs 87,400 crore, 2.2 times the Rs 39,700 crore worth of shares sold by promoters and PE/VCs in 2022. This year's tally has received a boost from stake sales by Adani group promoters.

Smallcaps Poised For Largest 5-Month Gain

Smallcaps Poised For Largest 5-Month Gain

Rediff.com30 Apr 2024

Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.

PE/VC investments hit 12-quarter low at $5.1 billion

PE/VC investments hit 12-quarter low at $5.1 billion

Rediff.com28 Apr 2020

The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India's largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in the SBI Cards IPO.

PE/VC investments nearly halve in Feb 2023

PE/VC investments nearly halve in Feb 2023

Rediff.com20 Mar 2023

Investments by private equity and venture capital funds declined by 44 per cent to $3.7 billion in February compared to the same period a year ago, a report said on Monday. The bets by the long-term investors were 13 per cent lower when compared to the investments in the preceding month of January, the report by industry lobby Indian Venture and Alternate Capital Association and consultancy firm EY, said. "...rising global recession concerns, increasing cost of capital and mismatch in valuation expectations between sellers and investors are turning out to be major impediments in the deployment of capital," EY's partner Vivek Soni said.

'BSP Is Not Somebody's Private Property'

'BSP Is Not Somebody's Private Property'

Rediff.com1 Jul 2024

'Mayawatiji no more controls the bahujan vote in UP.' 'In this election more than 40 per cent of the BSP's core voters blessed the SP without the SP even asking for it.'

Why Preity is NOT in Satte Pe Satta remake

Why Preity is NOT in Satte Pe Satta remake

Rediff.com12 Sep 2019

'Why would she agree to be part of a film, where she has to play second fiddle to another leading lady?'

Private equity-backed mergers and acquisitions fall to 31-month low

Private equity-backed mergers and acquisitions fall to 31-month low

Rediff.com26 Sep 2023

The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.

Lata's Favourite Madhubala Song

Lata's Favourite Madhubala Song

Rediff.com15 Feb 2024

'Madhubala stipulated in her contracts that she wanted only me to do her playback singing.'

The end nears? Dhawan prepares for life after cricket

The end nears? Dhawan prepares for life after cricket

Rediff.com23 May 2024

Shikhar Dhawan has acknowledged he's in a transitional phase, nearing a new chapter in his life.

Is This A Good Time To Buy Stocks?

Is This A Good Time To Buy Stocks?

Rediff.com16 May 2024

'Investors need to be stock specific and should not rush to buy stocks at the current levels.'

Govt sitting on 150 PE/VC applications from China, Hong Kong

Govt sitting on 150 PE/VC applications from China, Hong Kong

Rediff.com6 Jan 2021

Since the Centre tightened the Press Note 3 norms in April last, as many as 150 private equity/venture capital investment applications from China and Hong Kong are pending with the government, starving the country's start-up ecosystem of funds, says a report. The Press Note 3 (PN3) changes were effected in April, restricting foreign direct investment from countries that share land borders with India. Analysts are of the view that the move was primarily aimed at China as lot of private funds were investing billions into domestic companies.

Bad Newz Review: A Leave-Your-Brains-Aside Entertainer

Bad Newz Review: A Leave-Your-Brains-Aside Entertainer

Rediff.com19 Jul 2024

Ammy and Triptii have the chemistry of a door-to-door salesman and disinterested customer.' On the other hand, she and Vicky burn down the house with their scorching sensuality, observes Sukanya Verma.

Pvt equity inflow in realty sector down 5% to $1.9 bn in Q1

Pvt equity inflow in realty sector down 5% to $1.9 bn in Q1

Rediff.com10 Jul 2023

Private equity (PE) investment in real estate declined 5 per cent year-on-year in April-June to $1.9 billion because of high interest rates, according to Anarock. PE inflows stood at $2 billion in the year-ago period. Real estate consultant Anarock has come out with a report titled 'FLUX Q1 FY24 Market Monitor for Capital Flows in Indian Real Estate'.

I had the skills but Gautam bhai changed my mindset in KKR: Rana

I had the skills but Gautam bhai changed my mindset in KKR: Rana

Rediff.com19 Jul 2024

One stellar IPL season of 19 wickets in Kolkata Knight Riders' triumphant campaign brought pacer Harshit Rana into the national reckoning.

PE inflow in real estate down 85% in Jan-Aug

PE inflow in real estate down 85% in Jan-Aug

Rediff.com23 Sep 2020

Newer asset classes such as data centres and rental housing gained prominence among investors.

PE/VC investments drop 51% to $4.1 billion as big deals shrink in July

PE/VC investments drop 51% to $4.1 billion as big deals shrink in July

Rediff.com14 Aug 2020

According to the IVCA-EY report, July recorded 10 large deals worth $3.1 billion compared to 13 large deals worth $7.1 billion in July 2019.

PhonePe eyes $50 billion in transactions in 2019

PhonePe eyes $50 billion in transactions in 2019

Rediff.com28 Jan 2019

PhonePe via Bharat Bill Payment System (BBPS) plans to get into a number of new verticals, including fee payments in schools and colleges, payments at hospitals and other services

'I'm A Public Figure, Not Public Property'

'I'm A Public Figure, Not Public Property'

Rediff.com22 Aug 2024

'If you shout at me, I will not take it.' 'If you jump on me and pounce on me or physically come too close to me, that's not acceptable.'