News for 'PE'

'Living on the edge keeps me going'

'Living on the edge keeps me going'

Rediff.com4 Feb 2023

'I channelise my despair and anger into telling relevant stories and through them, taking on those who have made it a business to be intolerant.'

CBI charges its officer, lawyer for subverting Anil Deshmukh case

CBI charges its officer, lawyer for subverting Anil Deshmukh case

Rediff.com23 Dec 2021

A confidential statement of Central Bureau of Investigation chief Subodh Kumar Jaiswal, recorded during his previous tenure in connection with bribery allegations against former Maharashtra home minister Anil Deshmukh, was recovered by the CBI from devices of an arrested agency official and a lawyer of the politician, officials said on Thursday.

The GREAT BOLLYWOOD QUIZ

The GREAT BOLLYWOOD QUIZ

Rediff.com17 Feb 2021

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

WhatsApp bets big on payments biz in India, plans big investments

WhatsApp bets big on payments biz in India, plans big investments

Rediff.com15 Apr 2022

A day after getting permission to raise its Unified Payments Interface (UPI) user base to 100 million, WhatsApp on Thursday said it has plans to make significant investments in 'payments on WhatsApp' across India, including India-first features and driving adoption. The company, however, did not share details of its plans. The Meta-owned messaging app got its first greenlight for its payments service from the National Payments Council of India (NPCI) in November 2020 with a cap of 20 million users. A year later, in November 2021, the limit was raised to 40 million users.

Do You Really Know Bollywood?

Do You Really Know Bollywood?

Rediff.com12 Jan 2022

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

Jhund Review

Jhund Review

Rediff.com3 Mar 2022

Playing a character put off by the idea of retirement is becoming on Bachchan. Hands in pocket, eyes firmly focused on his mission, conviction inks his speech while his serene, sensitive, portrayal has a calming effect on the kids and Jhund, observes Sukanya Verma.

Decoding PE ratio

Decoding PE ratio

Rediff.com13 Feb 2007

Clearly then, when buying a share, we should calculate whether its price is justified by what the company will earn in the future.

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Rediff.com10 Oct 2022

Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.

Top 20 Scenes From Yash Chopra's Movies

Top 20 Scenes From Yash Chopra's Movies

Rediff.com27 Sep 2022

On his 90th birth anniversary, Sukanya Verma lists 20 of her favourite scenes that reiterate his extraordinary grasp on the language of cinema and connect with the viewer.

India to grow to over $1 trillion by 2025: Walmart CEO

India to grow to over $1 trillion by 2025: Walmart CEO

Rediff.com25 Aug 2021

The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to Walmart Inc President and CEO Doug McMillon. Speaking at the Converge@Walmart event, McMillon noted that given the diversity of the Indian market, the company has to "think local and execute locally". "India is such a diverse market, it's not one country in some ways and so we have to think local and execute locally, and it has its own rules, and so, we've got to comply with those rules," he said.

Tamannaah's 'All Bright And Shimmery'

Tamannaah's 'All Bright And Shimmery'

Rediff.com20 Sep 2022

Ranveer takes Cirkus to KKK... Pooja plays with fire... Mrunal hits the gym...

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

Rediff.com22 Apr 2022

The possible acquisition of Holcim India business will be one of the biggest inbound corporate deals in the country. Currently, Walmart Inc.'s $16-billion acquisition of Flipkart Online Services in 2018 remains the biggest acquisition of an Indian asset by any acquirer, followed by BP plc acquisition of 30 per cent stake in Reliance Industries' 23 oil and gas production blocks in 2011 for $7.2 billion. Bloomberg reported late on Wednesday night that Holcim - the world's biggest cement maker - is considering a potential sale of its India business and gauging interest in its controlling stake in Ambuja Cement.

Modiji, Do You Have A Plan To Improve Education?

Modiji, Do You Have A Plan To Improve Education?

Rediff.com30 Jan 2023

When was the last time we heard this government speaking of the disaster in primary education, rather than Ganga cruises and cheetahs? Less money -- Rs 88,000 crore -- was spent by the Union government on education in its last Budget than has been allocated to the Bullet train, notes Aakar Patel.

Aadhaar's next goal: Financial inclusion in rural areas

Aadhaar's next goal: Financial inclusion in rural areas

Rediff.com19 Dec 2022

Since the first Aadhaar number was issued in September 2010, more than 1.33 billion Aadhaar cards have been generated till June 2022. With the Aadhaar enrolment of adult Indians nearing 100 per cent, the main objective of the Unique Identity Authority of India (UIDAI), which was to give Unique Identification numbers (UID) to all residents of India, is almost achieved, said a senior government official. "Enrolment will now be much more update-based, because people keep updating their mobile numbers and addresses.

Elections will come and go, they are 'just by-products': Modi@exam pe charcha

Elections will come and go, they are 'just by-products': Modi@exam pe charcha

Rediff.com16 Feb 2018

The prime minister's "Pareeksha pe charcha", ahead of the Class 10 and 12 board examinations, was held at the Talkatora Stadium in New Delhi.

Hariharan on Shiv-Hari: 'Those were lovely days'

Hariharan on Shiv-Hari: 'Those were lovely days'

Rediff.com11 May 2022

Singer Hariharan worked quite a few times with santoor player Shiv Kumar Sharma, who passed into the ages on May 10, and flautist Hari Prasad Chaurasia.

The Only Thing Aparshakti Wants To Change In His Life

The Only Thing Aparshakti Wants To Change In His Life

Rediff.com3 May 2023

'Much as I feel on top of the world after being a part of a special series like Jubilee, I would say my biggest achievement so far has been spreading happiness around.'

'Private equity can transform banks'

'Private equity can transform banks'

Rediff.com22 Mar 2021

'Facilitating conversion of well-run NBFCs into banks is urgently needed.'

Bhupinder: The Voice of Dreams and Desire

Bhupinder: The Voice of Dreams and Desire

Rediff.com19 Jul 2022

Bhupinder's magical legacy lives on in the musical masterpieces he left behind.

Turnaround in sight for engineering, capital goods firms

Turnaround in sight for engineering, capital goods firms

Rediff.com6 Mar 2022

Operating margins for some companies dipped in Q3, 2021-22 but this sector could be nearing the bottom of the cycle in terms of profits.

PM Modi's chai pe charcha with Xi in Wuhan

PM Modi's chai pe charcha with Xi in Wuhan

Rediff.com28 Apr 2018

The prime minister and the Chinese president walked along the banks of East Lake and also took a boat ride together as they decided to step up their personal rapport.

Top 5 PE deals this year

Top 5 PE deals this year

Rediff.com7 May 2015

@015 has been a good year so far in terms of importan private equity deals.

How Sonu Sood became India's Superman

How Sonu Sood became India's Superman

Rediff.com2 Sep 2020

'Ek ghante ke andar humare paas 78,000 calls aaye.' '78,000!'

Why the 'sponsorless' mutual funds could be a good idea

Why the 'sponsorless' mutual funds could be a good idea

Rediff.com27 Jan 2023

The Securities and Exchange Board of India (Sebi) has just released a proposal to alter the regulations pertaining to the sponsor system for mutual funds. One of the reasons for the proposed changes is that there are two conflicting regulations that need to be clarified. The other reason is that the sponsor system may itself be outdated as it stands, and the proposed changes would allow new entities such as private equity funds and portfolio management services to enter this space.

US continues to be biggest source of VC investment in India

US continues to be biggest source of VC investment in India

Rediff.com25 Sep 2020

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.

Silver Lake's love affair with India continues

Silver Lake's love affair with India continues

Rediff.com25 Sep 2020

The PE biggie has committed to pumping money into Jio Platforms, Byju's and Reliance Retail so far this year - all marquee names in their respective sectors.

'My parents are such phenomenal talents'

'My parents are such phenomenal talents'

Rediff.com19 Sep 2022

'For a very long time I could not bring myself to watch several of their films because I couldn't see them depressed, in trouble or dead on screen.' 'It was hard to separate my parents from their characters, so I stayed away.' 'It was only after I became an actor that it became a job requirement.'

Diwali extravaganza for buy-now, pay-later biz

Diwali extravaganza for buy-now, pay-later biz

Rediff.com17 Nov 2021

The 'buy-now, pay-later' (BNPL) juggernaut continued to roll on during the festive season with multiple players seeing disbursals grow by more than 100 per cent compared to Diwali last year. LazyPay, the BNPL platform of Prosus-owned payments major PayU, witnessed a credit demand increase of 300 per cent over the festive season last year, especially in segments like travel, food & beverages and entertainment. "We also saw an uptick of 70 per cent in user acquisition in the last two months.

Chai pe charcha at Nobel banquet

Chai pe charcha at Nobel banquet

Rediff.com10 Dec 2014

There is an Assam connection to this year's Nobel Prize ceremony in Stockholm with a special tea served at the grand banquet coming from the northeastern state of India.

SBI launches its first dedicated branch for start-ups in Bengaluru

SBI launches its first dedicated branch for start-ups in Bengaluru

Rediff.com16 Aug 2022

State Bank of India (SBI) on Tuesday announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country here, to facilitate and support them. The branch launched by SBI chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city. "...overall we are in a position to provide end-to-end services to start-ups, with that in mind this particular start-up branch is the first start-up branch we are starting, from the capital city of start-ups- Bengaluru.

'Honour to be known as Amitabh Bachchan's voice'

'Honour to be known as Amitabh Bachchan's voice'

Rediff.com25 Oct 2022

'Today, when I look back, our journey together ajooba lagta hai.'

Who was Aamir watching a film with?

Who was Aamir watching a film with?

Rediff.com18 Nov 2020

Bollywood stars are gingerly venturing out as they get used to the new normal.

Surekha Sikri, National Award-winning actor, passes into the ages

Surekha Sikri, National Award-winning actor, passes into the ages

Rediff.com16 Jul 2021

'Three-time National Award-winning actress Surekha Sikri has passed away following a cardiac arrest earlier this morning at the age of 75.'

Govt readies plan to bolster PSU bank boards

Govt readies plan to bolster PSU bank boards

Rediff.com25 Jul 2022

The central government is looking to strengthen the boards of public sector banks (PSBs) by specifying terms of office and conditions of service for whole-time directors, and also seeking disclosures from all directors about interests in other companies. Through the Banking Laws Amendment Bill, the government is likely to introduce conditions for disqualification of whole-time and independent directors which are not specified in the current legislation. The Centre is seeking to introduce fresh changes that are aimed at strengthening the boards of PSBs, and holding their directors accountable, an official said.

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Rediff.com20 Dec 2021

Fintech unicorn Razorpay has raised $375 million in the Series F round of funding at a $7.5-billion valuation, making it India's second-most valuable start-up in this space, after Paytm. The company valuation has surged over seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country's most-valuable fintech list. Razorpay's latest round of fundraising was led by Lone Pine Capital, Alkeon Capital, and TCV.

VC fund inflows to scale past $65-b-mark by 2025

VC fund inflows to scale past $65-b-mark by 2025

Rediff.com18 Apr 2019

2018 recorded a strong uptick in start-up investments on the back of some mega deals and was the best year for the sector, surpassing the previous high of $4.8 billion in 2015.

How Shark Tank India 1 Winners Fared

How Shark Tank India 1 Winners Fared

Rediff.com14 Jan 2023

Of the 23 companies, eight have raised funds after Shark Tank India.

Paytm to raise $1.5 bn via primary issue of shares ahead of IPO

Paytm to raise $1.5 bn via primary issue of shares ahead of IPO

Rediff.com8 Jun 2021

Paytm will look to raise up to $1.5 billion as part of primary share sale, leading up to its initial public offering (IPO), which is planned for November, a person familiar with the developments said. The company is looking to file its draft red herring prospectus (DRHP) by July, according to sources. According to this person, though the details of the listing are being worked out, Paytm may take the qualified institutional buyer (QIB) route to list and issue fresh equity to raise funds.

Modi's Cult Of Personality

Modi's Cult Of Personality

Rediff.com10 Mar 2023

'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.

'Buddhada was a poet at heart'

'Buddhada was a poet at heart'

Rediff.com11 Jun 2021

'Directors like Buddhada don't tell you, "Do this, do that." They just guide you and you get it right.'