News for 'PE'

When will nation have 'China pe charcha', Kharge asks Modi

When will nation have 'China pe charcha', Kharge asks Modi

Rediff.com17 Dec 2022

His attack on the government came days after Indian Army personnel clashed with Chinese soldiers in the Tawang sector in Arunachal Pradesh.

PE investment in realty drops by 15% in Jan-Sept

PE investment in realty drops by 15% in Jan-Sept

Rediff.com29 Oct 2012

The total number of private equity transactions so far in 2012 is 23, marginally lower when compared to same period last year.

Bharti Infratel: IPO not a great deal for PE traders

Bharti Infratel: IPO not a great deal for PE traders

Rediff.com4 Dec 2012

Bharti Infratel plans to raise Rs 4,500 cr through its IPO.

Dev Anand's Important Life Lesson

Dev Anand's Important Life Lesson

Rediff.com29 Sep 2023

'How do you stay so energised? So young?' 'Dev Anand flashed that familiar crooked grin and told me, "The mind never grows old. It urges you to surge ahead".'

Kota suicides: Wardens, hostel staff to undergo professional training

Kota suicides: Wardens, hostel staff to undergo professional training

Rediff.com15 Sep 2023

Wardens and staff members of hostels in Kota will be given professional training in mess management, psychological and behavioural counselling, and other aspects of students' care to equip them to battle the rising number of suicides by aspirants in the coaching hub.

RARKPK Trailer: Bollywood Romance Is Back!

RARKPK Trailer: Bollywood Romance Is Back!

Rediff.com4 Jul 2023

Rocky Aur Rani Kii Prem Kahani is sure to raise eyebrows with its over-the-top quality, but hey, this is the unabashed Bollywood we once fell in love with and who is better than Karan Johar to retrieve the genre, asserts Mayur Sanap.

Amazon Pay India growing at 40-50%: CEO Mahendra Nerurkar

Amazon Pay India growing at 40-50%: CEO Mahendra Nerurkar

Rediff.com14 Sep 2023

With over 80 million Unified Payments Interface (UPI) users, Amazon Pay, the payments business of e-commerce giant Amazon, has been growing at 40-50 per cent year-on-year (Y-o-Y), said Mahendra Nerurkar, chief executive officer (CEO) and vice-president (V-P), Amazon Pay India. "Leveraging just the micro peer-to-peer (P2P) transactions on UPI is not a business model. "While we have enabled those features, we do not chase monthly active users based on this.

PE investments down 54% to $324 mn in Feb

PE investments down 54% to $324 mn in Feb

Rediff.com7 Mar 2011

In February, 22 PE deals were announced, against 23 deals in the same month last year.

Tata Global Beverages taps PE firms for stake sale

Tata Global Beverages taps PE firms for stake sale

Rediff.com10 Nov 2010

UK-based investment bank Rothschild is advising Tata Global Beverages.

Legendary footballer Pele enters the dictionary!

Legendary footballer Pele enters the dictionary!

Rediff.com27 Apr 2023

Following a campaign, Pele in the dictionary, legendary football Pele has now been added as an adjective in the dictionary.

PE firm buys shares of Facebook for $120 mn

PE firm buys shares of Facebook for $120 mn

Rediff.com29 Jun 2010

Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site, a media report said.

NIA nabs PFI weapon trainer linked to Nizamabad terror plot from Karnataka

NIA nabs PFI weapon trainer linked to Nizamabad terror plot from Karnataka

Rediff.com14 Jun 2023

The 33-year-old accused, Nossam Mohamed Yunus, was wanted for his alleged involvement in the Nizamabad terror conspiracy case, a spokesperson of the federal agency said

PE firms wary of investing in pharma sector

PE firms wary of investing in pharma sector

Rediff.com8 Nov 2007

Despite news of the private equity in the domestic healthcare and pharma industry touching almost Rs 40 crore (Rs 40 million) in the first nine months of the year, PE firms are not exactly bullish about investing in the pharma industry alone. In fact, a closer look at the investments reveals that a larger part of the money is being flown into healthcare delivery systems like hospital chains and not in pharma companies.

MFs turn net sellers in April, offload equities worth Rs 5,100 crore

MFs turn net sellers in April, offload equities worth Rs 5,100 crore

Rediff.com11 May 2023

Mutual funds (MFs) turned net sellers of equities in April amid a run up in stock prices on sustained inflows from foreign portfolio investors (FPI). The benchmark indices, Sensex and Nifty50, logged their biggest monthly advance since November last year, gaining 3.6 per cent and 4.1 per cent last month. Data from the Securities and Exchange Board of India (Sebi) shows that MFs sold equities worth over Rs 5,100 crore in April, the highest since February 2021.

FinMin may cut capital gains tax on PE investments

FinMin may cut capital gains tax on PE investments

Rediff.com23 Apr 2012

Several PE investors have appealed to the ministry to bring them at par with the foreign institutional investors as far as tax treatment is concerned.

Tara Shines Under The Jaisalmer Sun

Tara Shines Under The Jaisalmer Sun

Rediff.com6 Nov 2022

Ranveer sees red... Esha sees white... Mithila wants to get sun-kissed...

Realty sector: $3.2-bn PE exits in 4 years!

Realty sector: $3.2-bn PE exits in 4 years!

Rediff.com29 Jun 2012

In rupee terms, this amounts to about Rs 14,720 crore (Rs 147.2 billion), considering the rate of Rs 46/dollar suggested in the study.

CBI probes irregularities in construction of Kejriwal's home

CBI probes irregularities in construction of Kejriwal's home

Rediff.com27 Sep 2023

The ruling Aam Admi Party in Delhi rejected the allegation of any wrongdoing and accused the BJP of "using all its power to finish AAP".

The SUPER FUN Bollywood Quiz

The SUPER FUN Bollywood Quiz

Rediff.com28 Jul 2022

Sukanya Verma quizzes you to find out just how much you know about the movies.

Karisma Will Transport You To Italy

Karisma Will Transport You To Italy

Rediff.com15 Mar 2023

The actor was the definition of a modern bridesmaid on the ramp.

upGrad files Rs 3 cr trademark infringement suit against edtech firm Scaler

upGrad files Rs 3 cr trademark infringement suit against edtech firm Scaler

Rediff.com2 Dec 2021

Ronnie Screwvala-led edtech unicorn upGrad, has filed a suit for trademark infringement against another EdTech company called Scaler. The suit has been filed in the Delhi high court for violation of intellectual property relating to upGrad's trademark. It has also sought damages of more than Rs 3 crore. upGrad accused Scaler of using its brand name 'upGrad' through Google Ads to appear on top of search results on Google Search Engine and in turn gaining illicit benefit.

PE investment crosses $2.48 bn till July

PE investment crosses $2.48 bn till July

Rediff.com4 Sep 2007

Private equity fund investment in India has risen to $2.48 billion till July driven by the country's robust economic growth and investors are now likely to target opportunities in the core sector in the days ahead, a latest report says.

Ashneer Grover urges Bharatpe board for action against CEO Suhail Sameer

Ashneer Grover urges Bharatpe board for action against CEO Suhail Sameer

Rediff.com8 Apr 2022

Former BharatPe chief Ashneer Grover has written to the company's board seeking action against CEO Suhail Sameer following his offensive remarks on social media and sought resignation of chairman Rajnish Kumar. In response to a comment by Ashneer's sister Aashima on a social media post by former BharatPe employee Karan Sarki, Sameer said "Behen- tere bhai ne saara paisa chura liya (Sister, your brother has stolen all the money). Very little left to pay salaries". Sarki in the post had raised the issue of sacking of old staff and non-payment of salaries.

Shadab Khan reveals his love for Bollywood, Hyderabadi cuisine

Shadab Khan reveals his love for Bollywood, Hyderabadi cuisine

Rediff.com1 Oct 2023

Shadab Khan doesn't shy away from expressing his love for Bollywood movies and local food.

Pyaar Fundas, Bollywood Style

Pyaar Fundas, Bollywood Style

Rediff.com28 Feb 2023

From aadmi to andas, Bollywood songs dispense gyaan for every occasion. But nothing beats its obsession with pyaar.

Appearing for class 10, 12 board exams twice a year will be optional: Pradhan

Appearing for class 10, 12 board exams twice a year will be optional: Pradhan

Rediff.com8 Oct 2023

Pradhan, who is also the skill development minister, said he has received positive feedback from students on the plan to conduct board exams twice a year.

Student suicides: Raj issues 9-page guidelines for Kota coaching centres

Student suicides: Raj issues 9-page guidelines for Kota coaching centres

Rediff.com29 Sep 2023

The nine-page guidelines have been issued days after the state government set up a 15-member committee headed by education secretary Bhawani Singh Detha to examine the issue after record student suicides were reported from coaching hub Kota.

When Bollywood Sang To The Moon

When Bollywood Sang To The Moon

Rediff.com24 Aug 2023

As India successfully lands Chandrayaan-3, does the moon look as beautiful as one's beloved or has the Chanda Mama of folk ditties acquired a whole new meaning?

2nd largest investment by a PE player in India

2nd largest investment by a PE player in India

Rediff.com30 Jun 2011

Through a series of structured investments -- in the form of convertible debt and equity -- Apollo will take exposure to Welspun's holding company and its steel and infrastructure subsidiaries.

RIL stake sales help PE investments jump 38% in 2020

RIL stake sales help PE investments jump 38% in 2020

Rediff.com9 Jun 2021

Private equity investments in Indian companies grew 38 per cent to $62.2 billion last year, with inflows into Reliance Industries' telecom and retail ventures contributing nearly 40 per cent of the total value of the deals, a report said on Wednesday. Barring investments into Jio Platforms and Reliance Retail, the total deal value was down by 20 per cent over 2019 as the volume of large deals of more than $100 million dipped by a fourth, as per the report by Bain & Company and India Venture Capital Association. Overall investment activity remained muted from March to May last year due to COVID-led uncertainties and investor confidence recovered strongly in the second half to pre-COVID levels with late-stage and buyout deals witnessing increased traction, it said.

Market valuations attractive; buy selectively for long term

Market valuations attractive; buy selectively for long term

Rediff.com6 Apr 2023

The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.

India is an imp destination for PE investments: Creador Fund

India is an imp destination for PE investments: Creador Fund

Rediff.com28 Aug 2014

The market continues to remain highly competitive relative to Indonesia and Malaysia, says Anand Narayan, senior managing director of Creador Advisors.

Ban on taxi aggregators: Rs 2,000-crore PE money at stake

Ban on taxi aggregators: Rs 2,000-crore PE money at stake

Rediff.com10 Dec 2014

The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.

PE investments in 2010 almost double to $7.9 bn

PE investments in 2010 almost double to $7.9 bn

Rediff.com18 Jan 2011

According to data compiled by deal space research firm VCCEdge, private equity firms invested $7.97 billion in India during the 12 months ending December 2010, compared to $4.06 billion during the previous year.

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr

Rediff.com24 Jul 2023

The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore. The total valuation of the Adani financial services business stands at Rs 1,600 crore. Gaurav Gupta, managing director (MD) and chief executive officer (CEO) of the Adani firms will hold the rest of the stake.

Modi launches 'Chai pe charcha', commits to bring back black money

Modi launches 'Chai pe charcha', commits to bring back black money

Rediff.com12 Feb 2014

Narendra Modi on Wednesday said he was committed to bring back black money stashed abroad and assured people that if BJP is voted to power, he would set up a task force, amend laws and distribute the money brought in as "gift" among honest tax-payers.

Why restaurants are dumping Swiggy, Zomato for others

Why restaurants are dumping Swiggy, Zomato for others

Rediff.com8 Sep 2022

"It went up to 20-odd per cent in 2019 and to 25 per cent a year later. "That's when we decided to pull the plug; it was not sustainable for our business," says Chadha. Madison & Pike, instead, turned to Mumbai-based start-up Thrive, which provides third-party delivery services to restaurants at a much lower commission - three to five per cent.

Why analysts remain selective on cement stocks

Why analysts remain selective on cement stocks

Rediff.com20 Jul 2023

Analysts remain selective on cement stocks amid the likely government's capex push ahead of the scheduled general elections in May 2024. While UBS has initiated coverage on the Indian cement sector with an anti-consensus negative view and suggests investors sell select cement stocks on a rally, those at Nomura remain selectively bullish on the sector and prefer companies with large brownfield optionality and multi-region presence. In the near-term, UBS expects strong earnings of cement companies in the next two quarters to be driven by robust demand and margin tailwinds, but suggests any sharp uptick in stock prices could offer a good opportunity for booking profits in the related counters.

PE inflows jump 118% in H1 to $11.82 bn

PE inflows jump 118% in H1 to $11.82 bn

Rediff.com8 Jul 2021

Fund inflows jumped over 77 per cent in the second quarter of 2021 to $7.55 billion compared to $4.26 billion in the first quarter, according to the data collated by Refinitiv, the London Stock Exchange Group's financial markets data and insights arm. However, volume growth was a tepid 8.8 per cent in Q2 at 296 transactions up from 272 in Q1, totalling the counts in the first half to 568, against 365 transaction in the year-ago period. Total inflows in the first half of 2020 were $5.43 billion across 365 deals, while in the first quarter these were $3.92 billion across 183 deals and the second quarter at $1.51 billion across 182 deals, according to Refinitiv.

Why Apple, Walmart Are Bullish On India

Why Apple, Walmart Are Bullish On India

Rediff.com19 Apr 2023

At a time when the overall narrative is around India being an attractive investment destination, the two American multinationals are more specific in projecting India as their centrepiece.