Foreign portfolio investors (FPIs) pumped in Rs 1.7 trillion into domestic stocks in 2023, one of the highest net inflows ever witnessed during a calendar year, of which 25 per cent went into the direct buying of stocks. Data provided by depository NSDL revealed that Rs 44,950 crore of the total FPI flows last year went into primary issuances. A large portion of the FPI investments through the stock exchange route went into block deals, thereby reducing the actual investments made via direct buying of stocks. Last year saw selldowns or block deals worth Rs 2 trillion.
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.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
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.
Fiscal pressure for the Indian economy is gradually rising, suggested analysts at Jefferies in a recent note, as oil prices (Brent) - which are close to the $100 a barrel mark - continue to climb ahead of a busy election calendar. They added that the sharp rally in the equity markets during the last few months has made valuations costly. As a result, Jefferies expects the Indian markets to remain choppy in the near term.
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.
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.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
Information technology, financials, industrials, consumer discretionary and utilities were the top five sectors to attract significant private equity capital during the quarter.
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
Falling equity markets have trapped major private equity investors such as Warburg Pincus, Blackstone Group, Carlyle, Apax Partners, Chrys Capital and Citigroup.
'The world needs Gandhi now more than any other time in history.'
Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better.
Rashtriya Janata Dal president Lalu Prasad Yadav had thrown barbs at the prime minister over his having no family.
In terms of the number of deals, there has been a decline of 13 per cent
'Pankaj Udhasji took the Ghazal to the masses. He was a wonderful singer, but more importantly he was a wonderful human being.'
'When I heard the tune for Abhi Na Jao I was bowled over.' 'Of course, I never knew it would be such a timeless rage.'
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.
If there was a penny for every single time Bollywood's shiest movie star and angriest action hero pointed fingers at his adversary and warned him of violent consequences...
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.
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.
Renowned ghazal singer Pankaj Udhas, whose velvet smooth voice gave expression to the many colours of love, longing and heartache in songs such as Chitthi Ayee Hai and Aur Ahista Kijiye Baatein, died in Mumbai on Monday, February 26, 2024, after a prolonged illness.
Tech sectors, including start-ups and IT & ITeS, witnessed the highest consolidation, capturing over 40 per cent of volumes
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.
Sukanya Verma quizzes you to find out just how much you know about the movies.
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.
'The face of a woman being insulted, vilified, degraded by her husband in front of the whole world for literally no reason ever.'
Recent RBI data indicates net addition of credit cards is running strong at 18 per cent year-on-year (Y-o-Y), but growth in credit card limits is ahead of loans outstanding. Growth in lower limit cards is decelerating fastest. The West and South have more usage and online transactions are more popular than offline, with metros leading growth.
price earnings ratio is a tool that loosely reflects the value of a company or the Sensex. Here's how you can calculate it.
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.
The peppy track has also been released in Tamil and Telugu and having seen all three versions, the Tamil rendition Vandha Edam sounds most fun.
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.
'Like all long-term bull markets, the Indian stock market will continue to climb the proverbial wall of worry.'
Kareena Kapoor gives everyone a peek into Day 37 of her shoot of The Crew, a film where she co-stars with Tabu and Kriti Sanon.
Assocham has predicted that global PE firms are likely to invest $48 billion in the Indian markets in the next two years.
'The people of Kota will show Om Birla his place.'
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.