Gitanjali Gems plans to hive off various businesses.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
Kajol and Kriti Sanon get together to pack a punch in their new film, Do Patti.
Deals shrink to $396 million this year, compared to $793 million in 2011.
Slum rehabilitation projects, increase in FSI trigger frantic activity by funds.
Total investments in the first six months of 2017 was a record $11.34 billion
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
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.
Uttam's Take: Narendra Modi's Chai Pe Charcha
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.
Although a one-off tax provision negatively impacted the bottom line, HDFC Asset Management Company (HDFC AMC) posted an excellent operational performance in Q2FY25. The equity quarterly average assets under management (QAAUM) growth was 14.7 per cent quarter-on-quarter (Q-o-Q). And, equity AUM market share rose 50 basis points (bps) year-on-year (Y-o-Y) to 12.9 per cent.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
The prospective bidders of Haldiram Snacks Foods (HSFPL), a leading food firm, have sought clarity on the ownership of the brand as it is currently owned by different family factions. The Delhi and Nagpur families have decided to merge their operations and formed a joint venture to sell part of their stake. On the other hand, the Kolkata family runs its separate, independent operations. Bankers said prospective bidders of the company do not want any confusion over the brand in future. They have sought clarity over usage of the brand.
Director Ken Ghosh talks about his latest movie Chance Pe Dance, and much more.
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).
Rahul Gandhi interacted with party workers over 'laiyya-chana' - a staple snack in this part of Uttar Pradesh.
'The cold weather of Delhi was thawed away completely by the warmth of the prime minister,' says Kshitija Desai.
Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.
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.
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.
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.
Arjun Erigaisi briefly reached a career-high live rating of 2771.2 earlier this week and is the only Indian since Vishwanathan Anand to do so.
'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
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.
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'.
Notwithstanding protests by the opposition Bharatiya Janata Party, he said the first session of the newly elected Jammu and Kashmir Assembly is "short in duration but historic in terms of agenda".
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
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.
'As a storyteller, one always looks to create something for the audience which is thrilling, engaging and entertaining and that is exactly what we have endeavoured with Sikandar Ka Muqaddar.'
PE players seal over $737 mn deals in February: Thornton.
Gandhi said the Opposition wanted the House to function "often and well" and added that it was very important that cooperation happens on the basis of trust.
Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.
At many stages, it has appeared as though Sunny Deol's career was running out of steam, but each time he has risen Phoenix-like from the ashes. Dinesh Raheja gives us a closer look at the man on his 67th birthday on October 19.
The agency started a PE against unknown officials of Defence Ministry.
'When there was a match, he would be up all night watching it on his laptop with Kishori Amonkarji singing on the side.'
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.
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.
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.
