Shah Rukh Khan conducted an #AskSRK session on X recently to discuss his coming film Dunki and the release of his daughter Suhana Khan's debut film The Archies.
India has scored over China in terms of total private equity (PE) investments received from the United States over the last eight years, but China is well ahead of India in terms of PE investments this calendar.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
A beaming father Chandrapal, said that the son told his mom that he was confident of stopping the legendary MSD on his tracks.
"Looking at the films come to life on set was a lot of fun. The lensing, the art direction and Prakash Sir's detailed eye. It felt like something special was brewing," says Naina Bhan.
Questions will be raised over why those changes take place and whether non-economic factors are at play, says A K Bhattacharya.
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
Mergers and acquisitions (M&As) in India are expected to stay buoyant, seen over the last three-four years, despite a slowdown in the first seven months of the calendar year. "M&A is a lumpy business activity, and we may suddenly see large deals taking place during the next two quarters of the calendar year. "This would help maintain the streak of strong M&A activity.
It will be a unique 'Naav Pe Charcha' (chat on boat) when Prime Minister Narendra Modi and French President Francois Hollande have a cruise on Friday on the La Seine river that flows through Paris.
All major sectors -- real estate, e-commerce, IT, retail and consumer products, healthcare -- saw new all-time highs in value invested.
Congress leader Jairam Ramesh cited the prime minister's speech made in Barmer on Wednesday and said the people of the state will surely respond to such "arrogance" of the prime minister.
'Now that we are a pure-play India business, many investors are open to investing.'
Another season of these legal antics would be welcome, applauds Deepa Gahlot.
Foreign banks and private credit funds are queuing up to fund acquisitions by Indian companies who are buying out their local rivals. The Adani Group, Torrent Group, and the Hindujas have approached several foreign banks and private equity (PE) firms to fund their acquisitions. Global investors have about $2 trillion of funds to invest, and about $100 to $150 billion is set aside for India, according to an estimate by JP Morgan.
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
Net inflows into two of the 'lower risk' equity funds - largecaps and flexicaps - outpaced the flows into smallcap funds during January 2024 for the first time in 17 months. This is an indication that investors may now be shifting to the relatively safer largecap stocks after a sharp run up in the mid and smallcap spaces. Net inflows into large and flexicap funds were at Rs 3,730 crore last month against Rs 3,260 crore by smallcap schemes.
'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'
Private equity deals in Jan-Mar 2008 touched $3.3 bn, higher than the year-ago period, which registered 101 deals fetching $2.7 bn, according to the data released by Venture Intelligence, a private equity research company. $3.3 bn mopped up through 97 private equity deals in the Mar 2008 quarter were lower than 131 deals totalling $5 bn in the preceding Dec 2007 quarter. Volatility in the secondary market injected a dose of caution on the Private Investments in Public front.
Total investments in the first six months of 2017 was a record $11.34 billion
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
Analyst are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a quarter-on-quarter (Q-o-Q) basis for the IT majors through FY25, the H1FY25 is likely to see even flatter returns, and Q4FY24 is likely to be poor. There is likely to be some recovery in the second half (H2FY25) but even so, there's a chance that the market will be overall disappointed.
Ayushmmann enjoys a treat in Chandigarh... Nimrat spends time at home in Bikaner... Bhagyashree makes a short trip to the US...
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
'The cold weather of Delhi was thawed away completely by the warmth of the prime minister,' says Kshitija Desai.
'Netflix is very happy with me. Mamla Legal Hai has opened the big bazaar in the heartland for them.'
Gitanjali Gems plans to hive off various businesses.
Mohammad Rafi had a powerful range that could accommodate anything from the sublime O duniya ke rakhwale for Bharat Bhushan in Baiju Bawra to the eccentric Badan pe sitare lapete huye for Shammi Kapoor in Prince.
Deals shrink to $396 million this year, compared to $793 million in 2011.
Bollywood loves number games. And not just the rat race kind. There's a slew of movies with numbers in their title.
Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.
Dinesh Raheja doffs his hat to the movie legend, who will be honoured with the Dadasaheb Phalke Award this year.
'From a risk-return perspective, large-cap funds may generate lower-than-historical average returns in 2024, whereas mid-, and small-cap funds hardly have any upside left.'
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
Uttam's Take: Narendra Modi's Chai Pe Charcha
Slum rehabilitation projects, increase in FSI trigger frantic activity by funds.
It's mid-morning and the two-kilometre stretch from Rashbehari Avenue to Gariahat Market is bustling with activity. Dotted with saree shops and hawker stalls that sell everything, from hairpins, hangers and towels to hosiery, mobile phone covers and kurtas, this is one of South Kolkata's busiest shopping areas. And it is beginning to wake up to the Paytm crisis.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
It was an optional session at the Supersport Park but for India skipper Rohit Sharma, skipping the nets wasn't an option.
Renowned realtors are shying away from the private equity (PE) route to raise funds.