News for 'Private Equity'

Sensex tumbles 876 points, Nifty drops below 22,900 amid private bank sell-off

Sensex tumbles 876 points, Nifty drops below 22,900 amid private bank sell-off

Rediff.com12 hours ago

Indian benchmark equity indices, Sensex and Nifty, ended sharply lower, with the Sensex tumbling 876.37 points and the Nifty dropping below 22,900, primarily due to a decline in private bank stocks like HDFC Bank and Axis Bank, alongside weak global market trends.

Private equity's next leap hinges on local fund needs and buyouts

Private equity's next leap hinges on local fund needs and buyouts

Rediff.com21 Mar 2025

India's private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.

Indian Equities Rebound: Sensex Jumps 1,534 Points, Nifty Nears 3-Week High

Indian Equities Rebound: Sensex Jumps 1,534 Points, Nifty Nears 3-Week High

Rediff.com4 days ago

Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.

AI Firm RapidCanvas Raises $29 Million For Global Expansion

AI Firm RapidCanvas Raises $29 Million For Global Expansion

Rediff.com3 days ago

AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.

Nifty 50 trails Asian peers: What's holding back Indian equities?

Nifty 50 trails Asian peers: What's holding back Indian equities?

Rediff.com7 days ago

Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.

Private equity chases airlines

Private equity chases airlines

Rediff.com11 Nov 2006

The private equity boom

The private equity boom

Rediff.com16 Oct 2006

'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.'

Indian Equities Close Flat as US Fed Rate Hike Weighs; NSE IPO Subscribed 39% on Day 1

Indian Equities Close Flat as US Fed Rate Hike Weighs; NSE IPO Subscribed 39% on Day 1

Rediff.com17 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.

Private equity, VC bets drop to $4.7 billion in April

Private equity, VC bets drop to $4.7 billion in April

Rediff.com19 May 2025

Private equity and venture capital investments dropped to $4.7 billion in April this year on heightened uncertainty and high valuation expectations of sellers, a report said on Monday. The overall amount invested is 6 per cent lower than the $4.9 billion recorded in April 2024, and 20 per cent lower than the $5.9 billion in March 2025, the report by industry body IVCA and consultancy firm EY, said.

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

Rediff.com11 Oct 2026

A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.

Fairfax to leverage HDFC veterans Parekh, Sukthankar for IDBI Bank acquisition

Fairfax to leverage HDFC veterans Parekh, Sukthankar for IDBI Bank acquisition

Rediff.com2 days ago

Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.

Jio Platforms gets Sebi nod to launch India's biggest IPO

Jio Platforms gets Sebi nod to launch India's biggest IPO

Rediff.com28 Aug 2026

Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

Sula eyes private equity funding

Sula eyes private equity funding

Rediff.com2 Nov 2006

SBI eyes private equity funds

SBI eyes private equity funds

Rediff.com27 Apr 2004

Stock Markets Today: Sensex, Nifty Down in Volatile Trade

Stock Markets Today: Sensex, Nifty Down in Volatile Trade

Rediff.com18 hours ago

Indian benchmark equity indices, Sensex and Nifty, significantly recovered from sharp early losses, driven by buying in State Bank of India and Reliance Industries, alongside fresh foreign fund inflows, despite declines in Axis Bank and HDFC Bank.

How Rich 2 Money Defrauded Investors: Police Seek More Victims

How Rich 2 Money Defrauded Investors: Police Seek More Victims

Rediff.com4 days ago

Palghar police have appealed to victims of a ponzi scheme run by Rich 2 Money Private Limited to register complaints. The Economic Offences Wing has identified 48 defrauded investors, losing Rs 5.91 crore, with the company promising high returns on investments in share markets and F&O trading.

AI-led pricing pressure to drive consolidation among mid-tier IT firms

AI-led pricing pressure to drive consolidation among mid-tier IT firms

Rediff.com22 Sep 2026

India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Rediff.com5 days ago

Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.

Making private equity work in India

Making private equity work in India

Rediff.com19 Mar 2007

By some measures, India is poised to become the next big market in private equity.

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

Private Banks Stocks Outshine PSU Peers In FY27

Private Banks Stocks Outshine PSU Peers In FY27

Rediff.com15 Jul 2026

'Banking is the only sector that can see double-digit growth in FY27.'

Why FIFA's $20B Plan Has UEFA Up in Arms

Why FIFA's $20B Plan Has UEFA Up in Arms

Rediff.com29 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."

'Airtel Will Remain An Institution Run By Professionals'

'Airtel Will Remain An Institution Run By Professionals'

Rediff.com5 days ago

'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Rediff.com1 days ago

Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

Private equity has limited impact

Private equity has limited impact

Rediff.com14 Jan 2008

An intensive research on private equity has revealed interesting findings on a retail investors behaviour and returns from holdings

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

Rediff.com11 hours ago

L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

Rediff.com11 hours ago

L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.

Infantino's reform pledge fails to satisfy federations seeking sweeping FIFA overhaul

Infantino's reform pledge fails to satisfy federations seeking sweeping FIFA overhaul

Rediff.com22 Sep 2026

Germany, Netherlands, Sweden and Wales have questioned Infantino's reform pledge, arguing that FIFA needs deeper governance changes, stronger accountability and broader leadership reforms to restore trust.

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Rediff.com7 days ago

Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.

Who Could Replace FIFA President Infantino In 2027: Top Candidates

Who Could Replace FIFA President Infantino In 2027: Top Candidates

Rediff.com4 Aug 2026

FIFA President Gianni Infantino's re-election bid is facing significant challenges as several national football federations, including Serbia, Sweden, and Wales, have withdrawn their support.

Do private equity firms back winners?

Do private equity firms back winners?

Rediff.com8 Feb 2007

A third of firms said they wouldn't have existed had it not been for PE and over 62 per cent said they'd have grown slower.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

Sensex, Nifty Rebound as Global Cues Ease Rate Hike Fears

Sensex, Nifty Rebound as Global Cues Ease Rate Hike Fears

Rediff.com5 Oct 2026

Indian benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by softer-than-expected US jobs data which reduced expectations of aggressive monetary tightening by the US Federal Reserve, boosting risk appetite across emerging markets.

Private equity firms in India go 'clubbing'

Private equity firms in India go 'clubbing'

Rediff.com21 Feb 2008

After the Bharti Infratel deal, India could see more group approach in PE investing.

Delhi High Court Declines ED's Status Quo Request In National Herald Case

Delhi High Court Declines ED's Status Quo Request In National Herald Case

Rediff.com7 days ago

The Delhi High Court on Monday turned down the Enforcement Directorate's plea to maintain a status quo on properties attached in the National Herald money laundering case involving Congress leaders Sonia Gandhi and Rahul Gandhi. Justice Sachin Datta stated he would not pass an interim order and would decide the agency's petition challenging a trial court's refusal to take cognisance of its chargesheet. The ED argues that the accused are using the trial court order to release properties, while the Gandhis contend the ED's plea is an "abuse of process of law."

Cabinet approves Fairfax's Rs 52,878-cr bid for IDBI Bank; largest FDI ever in India's financial sector

Cabinet approves Fairfax's Rs 52,878-cr bid for IDBI Bank; largest FDI ever in India's financial sector

Rediff.com5 days ago

The Indian Cabinet has approved Fairfax Financial Holdings' Rs 52,878 crore bid to acquire a 60.72 per cent stake in IDBI Bank, marking the country's largest foreign direct investment in the financial sector.