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.
It took me 365 days to go from 49 to 50 earlier this year. I hope you go from 49 to 50 and break my record in the next few days. Congratulations!!'
Aasmaan Bhardwaj, singer Rekha Bhardwaj and director-composer Vishal Bhardwaj's son, gets ready for his directorial debut with Kuttey, an ensemble action thriller, starring Arjun Kapoor, Radhika Madan, Konkona Sen Sharma, Tabu, Naseeruddin Shah and Kumud Mishra.
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.
'Pankaj Udhasji took the Ghazal to the masses. He was a wonderful singer, but more importantly he was a wonderful human being.'
They will not be followed by analysts and no fund manager can buy such small companies with low trading liquidity.
Large companies, those that are talked about in the media and tracked on social media, have already been discovered. They won't lead to extraordinary gains, Debashish Basu points out.
The global survey of 450 unlisted PE funds by research firm Preqin has found that during January-June period, 11 Infra funds made aggregate commitments of $12.6 billion.
Inside the television actress' wardrobe of cocktail-ready saris.
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.
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.
'The world needs Gandhi now more than any other time in history.'
US-based Blackstone has bought malls such as AlphaOne Mall in Ahmedabad, Elante Mall in Chandigarh and Treasure Island Mall in Indore.
India's largest asset manager SBI Funds Management on Tuesday said they are negative on equities from a shorter-term perspective as valuations have risen above the comfort zone. "We are not positive on equities. We think valuations are expensive. "The market has gone up a lot more than the earnings have grown," said R Srinivasan, Chief Investment Officer (CIO) - Equity at SBI Mutual Fund, at the launch of asset management companies' (AMC) yearly report on the market outlook.
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.
Sukanya Verma quizzes you to find out just how much you know about the movies.
His attack on the government came days after Indian Army personnel clashed with Chinese soldiers in the Tawang sector in Arunachal Pradesh.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
The state government ordered an inquiry into the programme organised at Kalorex Future School, located in Ghatlodia area of the city, on September 29.
Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as January 1, 2024. Several brokerage firms said they may take a few months more to implement it. Investors will be able to register for this facility only if the stock broker has opted for the UPI block facility.
100 years of Dev Anand and 10 scenes etched in our memory!
The Indian markets have seen a good run in the last three months with the S&P BSE Sensex rising around 7 per cent and the Nifty50 moving up 7.5 per cent. The next leg of the market rally from here on, analysts suggest, will be driven by a growth in corporate earnings over the next few quarters. That said, they do not expect material / sharp downgrades to India Inc's earnings estimates despite headwinds for the economy.
To create a community, the consumer can share the details of the offer with friends and family who want to buy the same goods.
While the country is gripped by Ram Mandir frenzy, Danish Husain -- without shouting from the rooftops -- silently staged his opinion with this play on one of India's best-known poets, observes Neeta Kolhatkar.
'I always say you really cannot own a recipe.' 'In India, where, we have been cooking for thousands of years, how can you put a finger and say, 'This is mine'?'
But SRK's heavily bandaged look is making Sukanya Verma think about all the crazy, funny ways Bollywood has treated a means of dressing an injury.
'She has lived through a lot,' close friend Asha Parekh revealed to Subhash K Jha.
Ranveer sees red... Esha sees white... Mithila wants to get sun-kissed...
'The people of Kota will show Om Birla his place.'
They groove to their own songs, over 80 in all. Their aim? To convey social messages. Meet Meri Zindagi -- the all-woman, Lucknow-based rock band.
A controversy has erupted over namaaz allegedly being offered during a cultural event at a private school in Hathras district of Uttar Pradesh, a claim rejected by officials.
Using the 'tea-seller' jibe hurled at Narendra Modi by rivals to reach out to voters, the Bharatiya Janata Party on Tuesday announced the launch of a campaign that will allow people to engage with its prime ministerial candidate over a cup of tea.
Shares of Reliance Industries (RIL) traded 2 per cent higher at Rs 2,310.10 on the BSE in intra-day trade in an otherwise volatile market after the company reported a 27.4 per cent year-on-year (YoY) growth in its consolidated net profit at Rs 17,394 crore for the September quarter (Q2FY24). While revenue growth of the company was flattish YoY at Rs 2.32 trillion, the profit rose on the back of operational improvement across most segments, especially higher profits in the O2C (oil-to-chemicals) and oil & gas businesses, as well as the retail business. "Strong operational and financial contribution from all business segments has helped Reliance deliver another quarter of robust growth," said Mukesh Ambani, chairman and managing director of the company.
The investments exceeded the $2 billion mark for the first time in 6 years.
The latest episode of Koffee With Karan 8 has Bollywood's eligible bachelors Aditya Roy Kapur and Arjun Kapoor on the couch.
"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.
'We share everything with each other.'
The actor was the definition of a modern bridesmaid on the ramp.
Following a campaign, Pele in the dictionary, legendary football Pele has now been added as an adjective in the dictionary.
Emotions welled up inside Saurashish Lahiri when Akash Deep, the latest Bengal speed merchant to enter Indian dressing room, rang him up.
'All the big production houses are making superhero films, so I thought I should make one too. So I have made a genuine superhero film,' Vivek Agnihotri says about his new film, The Vaccine War.
