Tata Sons has the balance sheet to support them, for now.
The evolution of the PE market against the backdrop of the strong growth in the economy should translate into strong returns for investors.
The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
Buying Yahoo's assets would expand DailyMail.com's reach and improve its digital ad rev
Private equity players and venture capitalists are cautiously optimistic about the prospects of their businesses, yet are hopeful of clinching more deals in the New Year, say industry experts.
US private equity firm I Squared Capital is dropping out of the race to buy India's second-largest state oil firm, Bharat Petroleum Corporation Ltd (BPCL) owing to a complex deal structure and lack of financial backers for the transaction, sources said. I Squared Capital through its Indian arm, Think Gas was among the three suitors that had evinced interest in buying the government's near 53 per cent shareholding in BPCL. "The company has made a decision not to participate in the financial bidding," a source with direct knowledge of the development said.
The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.
Josh Kushner said Thrive Capital misjudged football's political dynamics, would have avoided FIFA's failed $20 billion rights plan, but still supports its aim of broader investment.
The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
FIFA President Gianni Infantino's ambitious plan to sell a 20% stake in a commercial entity managing the World Cup and other tournaments to private investors has been abandoned following widespread opposition, including a boycott threat from UEFA.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.
The value of private equity (PE)-backed mergers and acquisitions (M&As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.
The Bombay High Court humorously questioned the Mumbai Cricket Association (MCA) if cricketers were aware they were consuming 'non-vegetarian tea' due to unhygienic conditions, while ordering the MCA to clean its eateries for a fresh FDA inspection.
The Bombay High Court humorously questioned if cricketers were consuming "non-vegetarian tea" due to unhygienic conditions at Mumbai Cricket Association (MCA) eateries. The court ordered the MCA to clean its premises before a fresh FDA inspection, following the suspension of licenses for five restaurants due to severe food safety violations like cockroach infestations and dirty kitchens.
The Bombay High Court has directed the FDA to conduct a fresh inspection of the Mumbai Cricket Association's kitchens after serious food safety and hygiene violations were found, including insects. The court also humorously questioned if cricketers were aware they were consuming "non-vegetarian tea" due to the unhygienic conditions. The MCA has been asked to clean its premises before the inspection.
Several PE managers now prefer Sanskrit names for their funds over typical foreign names
Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.
Face Rs 1,000-cr minimum alternate tax demand
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.
Discussion has started between blank check companies in the US and Indian PEs on possible deals in certain key sectors.
Tata Steel has announced the sale of its entire 100% equity stake in Jamshedpur Football to Churchill Brothers for Rs 100.
Would-be investors such as KKR, the Blackstone Group and Macquarie Group are looking at buying into completed projects.
Led by the booming e-commerce sector, private equity investments in India surged over 17 per cent with deals worth $ 11.49 billion
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.
HDFC Bank shares plummeted over 5 per cent, wiping out Rs 64,685 crore from its market valuation, after its June quarter earnings disappointed investors, particularly on the net interest margin (NIM) front.
Retirement planning is not a test of how smart you are; it is a test of how well you control your behaviour.
