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.
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.
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.
Sukanya Verma quizzes you to find out just how much you know about the movies.
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.
This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.
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.
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.
In MArch PE investment continued to show an uptrend.
'Madhubala stipulated in her contracts that she wanted only me to do her playback singing.'
'Banks may find small ticket size lending economically unviable due to the cost of branch operations.'
A Flying Jatt will release on August 25.
'Opportunity is there in each segment of the market. There is opportunity in affordable and specifically governed by government initiatives as well as for housing for all.'
According to Venture Intelligence, PE/VC investors have already invested $93 million in 10 education companies so far in 2011, led by a Rs 100 crore (about USD 22 million) investment in vocational training and placement firm Teamlease Services.
Experts see company-specific transactions rather than sector-specific ones in the private equity dealings. More transactions & buyouts will result in PE firms acquiring controlling stakes in firms in 08. The PE activity will be tougher this year as it will be company-driven rather than sector-driven investing. Real estate will continue to be a focus sector followed by infrastructure. Analysts say that PE players bring a lot of value to a firm that is planning to go public.
More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.
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.
Walmart, the world's largest retailer, has paid $1.4 billion to buy out US-based Tiger Global's investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart's valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan's SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny Bansal, and Accel now have all fully exited the e-commerce firm by selling their stake to Walmart.
Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.
Consolidation seems to the key word among private equity (PE) backed companies. In the first few months of 2011, about 20 merger & acquisition (M&A) deals worth $150 million took place.
The textbooks themselves have not been finalised by the National Syllabus and Teaching Learning Material Committee (NSTC), he said.
investors sometimes fail to understand the factors that determine it.
According to 'India PE Report 2010', released by global consultancy Bain & Company, there is renewed confidence among the leading PE investors about the Indian market.
Voltas saw strong growth in both UCP (Unitary Cooling product) and EMPS (electro mechanical projects) segments.
After his megahit Marathi film two years ago, Navra Maza Navsacha, Sachin is ready with another upcoming Marathi blockbuster, Amhi Satpute starring Supriya and Ashok Saraf.
The Mumbai-based Arch Pharma has raised $27 million from private equity funding in the last four years
Around $7.5 billion is expected to come into India in the technology space by way of PE investment of which Bengaluru could net $3 billion.
'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'
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).
'...be it a comedy, thriller or a love story.' 'The bhindi costs Rs 30 per kilo, but the price of potato remains unchanged.'
Three-four funds have recently collected money from Indian HNIs, with an average ticket size of anywhere between Rs. 50 lakh to Rs. 1 crore.
India has emerged as the most favoured private equity destination attracting $1,239.22 million worth of investments in January, surpassing Asian giants like China and Japan, a study says.
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.
With around 50 students interested in being members, the club will be a forum for students interested in all aspects of private equity and venture capital. As part of formalising the club, the students are holding the first intra-institute event called the 'Zen of Investing', where the club plans to invite alumni working in the area of private equity, besides involving the faculty and students for the activity.
Reaching out to students across the country through the third edition of the 'Pariksha Pe Charcha' programme, the PM told them not to get demotivated by temporary setbacks. He used examples from cricket, the Chandrayaan 2 mission and his own experiences and spoke on a range of issues, including exam stress and time management.
Interacting with students, parents and teachers during his annual 'Pariksha Pe Charcha' programme, the prime minister suggested that students should compete with themselves and not others and parents should never sow the seeds of competition and rivalry between siblings.
Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.
'Investors need to be stock specific and should not rush to buy stocks at the current levels.'
Was Ram Rahim's release on parole for the 10th time since his conviction in 2017 timed to coincide with the Haryana assembly elections? It does seem so when one considers he has been released mostly when there was an election in Punjab, Haryana and Rajasthan. Listing the times that Ram Rahim has been out on parole.
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".
