'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'
Corporate India is likely to witness a surge in private equity deals by the last quarter of current fiscal as inflation is likely to cool down and bulls are expected to be back in the stock market, as per PE deal tracker firm Venture Intelligence.
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.
According to Venture Intelligence, a research service focused on private company transactions, PE firms invested $8,853 million this year, compared to the $10,378 million across 483 deals a year ago.
Most Amdavadis that Rediff.com's Prasanna D Zore met were unaware of Bharatiya Janata Party prime ministerial candidate Narendra Modi's outreach programme that kick-starts on Wednesday.
A colourful crochet blanket made by over 4,000 diaspora women was on Saturday presented to Prime Minister Modi on the final day of his maiden UK visit under a 'Chai pe Crochet' initiative.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.
TV commentators Graeme Smith and Scott Styris remarked that such discussions should occur privately, not in front of the broadcasting cameras.
Falling equity markets have trapped major private equity investors such as Warburg Pincus, Blackstone Group, Carlyle, Apax Partners, Chrys Capital and Citigroup.
One stellar IPL season of 19 wickets in Kolkata Knight Riders' triumphant campaign brought pacer Harshit Rana into the national reckoning.
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday. Growth in the January-March period was lower than the 8.6 per cent expansion in the December quarter.
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.
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
Maharashtra MLAs were in New Delhi for a training programme in legislative procedure and Sharad Pawar -- the senior-most politician from the state -- hosted a dinner for the visitors at his bungalow in the national capital on Tuesday evening.
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
Information technology, financials, industrials, consumer discretionary and utilities were the top five sectors to attract significant private equity capital during the quarter.
The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.
"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.
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.
In terms of the number of deals, there has been a decline of 13 per cent
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.
Although West Asian investors have been active in India for long using private banks such as UBS, Credit Suisse and Morgan Stanley that invested across emerging markets, post-9/11, the US has been falling out of favour as investors count the risk that assets in the country could be targeted over security concerns.
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.
Several members of the Indian community gathered at the Times Square in New York to hold discussions about the upcoming Bihar elections and voice their expectations from a future government over improving the economic and employment scenario in the state.
The issue has gained importance as a working group of International Organisation of Securities Commission (IOSCO) has been set up to study the impact of private equity funds on emerging markets.
Private equity deal activities in the first quarter of 2013 fell by 39 per cent to $1.29 billion, amid a sluggish global and domestic economic environment, says a report.
'I have two sisters. One is 13 and the other is 17.' 'For them, their father is the director of Shahid, Omerta, Simran, Scam 1992 and Scoop.' 'For me, my father is the director of Jayate, Dil Pe Mat Le Yaar, Chhal, Yeh Kya Ho Raha Hai, three unreleased films and Woodstock Villa.' 'No one has seen these films.'
Sukanya Verma quizzes you to find out just how much you know about the movies.
price earnings ratio is a tool that loosely reflects the value of a company or the Sensex. Here's how you can calculate it.
Dinesh Raheja doffs his hat to the movie legend, who will be honoured with the Dadasaheb Phalke Award this year.
'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.'
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The decline in the quantum of PE investment in realty sector was due to to less number of deals (13 in H1 2013) as the average ticket size of deals remained same. In first half of 2012, there were 19 PE deals.
Tech sectors, including start-ups and IT & ITeS, witnessed the highest consolidation, capturing over 40 per cent of volumes
Private equity (PE) investments in India's SME sector dropped by 43 per cent to $134 million in 2012 (January to year till date) from $236 million in the corresponding period of 2011. The number of deals fell by 34 per cent during this period.
Assocham has predicted that global PE firms are likely to invest $48 billion in the Indian markets in the next two years.
Ayushmmann enjoys a treat in Chandigarh... Nimrat spends time at home in Bikaner... Bhagyashree makes a short trip to the US...
No major deals above the value of USD 300 million happened last month, causing the decline from January, which registered deals worth USD 3.5 billion, according to a report released by consultancy firm EY on Wednesday.
Mobile wallet adoption is surging in India and swiftly becoming a primary payment option, surpassing traditional methods like cash and cards. Over the next few years, payments via mobile wallets in India are likely to surpass the Rs 531.8 trillion mark in 2028, witnessing a compound annual growth rate (CAGR) of 18.3 per cent between 2024 and 2028, according to GlobalData - a London-based leading data and analytics company. The value of mobile wallet payments in India, as per a GlobalData report, grew at a CAGR of 72.1 per cent between 2019 and 2023 to reach Rs 202.8 trillion ($2.5 trillion) in 2023.
'Now that we are a pure-play India business, many investors are open to investing.'
