At a time when merger and acquisition (M&A) activity is still recovering, companies are finding solace in private equity (PE) funds for acquisitions. And, PE funds seem keen to participate in such deals.
PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster
Prime Minister Narendra Modi and French President Francois Hollande on Friday enjoyed a joint boat cruise on La Seine River in Paris which was described as "Naav Pe Charcha" (chat on the boat).
Director Ken Ghosh talks about his latest movie Chance Pe Dance, and much more.
Questions will be raised over why those changes take place and whether non-economic factors are at play, says A K Bhattacharya.
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.
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.
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.
'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'
PE investment so far in 2014 stood higher at $ 8.4 billion as against $ 7.8 billion in 2013, with 38 per cent higher volumes in 2014 as compared to 2013, led by the technology sector.
A beaming father Chandrapal, said that the son told his mom that he was confident of stopping the legendary MSD on his tracks.
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.
Speaking on the sidelines of a seminar on PE funding in Kolkata on Monday, Gopal Srinivasan, chairman, TVS Capital Funds, said TVS Capital had raised close to Rs 600 crore (Rs 6 billion), invested Rs 20 crore (Rs 200 million) and lined up another rs 100 crore (Rs 1 billion) investment. The company invested in retail, social infrastructure, media and entertainment.
'Now that we are a pure-play India business, many investors are open to investing.'
PE players seal over $737 mn deals in February: Thornton.
Most of the unicorns or billion-dollar valuation firms including Flipkart, Paytm and Ola have had the maximum stakes owned by foreign funds. The founders of all these firms have either single digit stakes in their companies or in low double digits.
Another season of these legal antics would be welcome, applauds Deepa Gahlot.
Ayushmmann enjoys a treat in Chandigarh... Nimrat spends time at home in Bikaner... Bhagyashree makes a short trip to the US...
The agency started a PE against unknown officials of Defence Ministry.
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.
Dinesh Raheja doffs his hat to the movie legend, who will be honoured with the Dadasaheb Phalke Award this year.
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.
As many as 220 companies saw PE investment pouring in during the first seven months of 2010, or between January to July, while PE firms made an exit from 73 other companies.
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.
'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.'
'Netflix is very happy with me. Mamla Legal Hai has opened the big bazaar in the heartland for them.'
Hero Honda, India's largest two-wheeler maker, could see a change in ownership as the Delhi-based Munjal family seeks to buy the stake held by partner Honda Motor Company of Japan in the joint venture. The Indian promoters are reportedly talking to private equity (PE) players to raise the money needed to buy the 26 per cent stake held by Honda Motor.
Sukanya Verma quizzes you to find out just how much you know about the movies.
It was an optional session at the Supersport Park but for India skipper Rohit Sharma, skipping the nets wasn't an option.
Difficult fund raising conditions slowed the pace of private equity (PE) investments in the country by 64 per cent to a four-year low of $3.8 billion in 2009.
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.
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.
Bollywood loves number games. And not just the rat race kind. There's a slew of movies with numbers in their title.
This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.
In MArch PE investment continued to show an uptrend.
A Flying Jatt will release on August 25.
According to experts in the private equity space in the country, top PE professionals, who draw huge eight-digit salaries at the top levels, have suffered a cut back in their remuneration. Another expert, who tracks the private equity space, said salaries of senior PE professionals had definitely taken a hit due to the fall in deal flows as the bonuses given to them are based on deals and exits from an investment.
After a few heavy-duty parts, the 42 year old is ready to let his hair down and burn the dance floor once again in his upcoming rom-com, Teri Baaton Mein Aisa Uljha Jiya, co-starring Kriti Sanon.
Sarfaraz Khan made a dream debut, scoring 62 off 66 balls before he was unfortunately run out on Day 1 of the third Test in Rajkot.
The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.