News for 'Providence Equity Partners'

Most lenders cool to funding cash-strapped Jet Airways

Most lenders cool to funding cash-strapped Jet Airways

Rediff.com23 Mar 2019

After a meeting of banks on Friday on ways to make funds available immediately, a source in the know said lenders other than SBI and Punjab National Bank had not come on board so far to chip in with their funds.

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Rediff.com22 Apr 2020

The latest deal would give Facebook deeper access to India, the second largest internet market after China.

Is Zomato's Deepinder Goyal up for a challenge?

Is Zomato's Deepinder Goyal up for a challenge?

Rediff.com12 May 2021

With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.

Meet Renuka Ramnath, 1st woman and 'outsider' to head a Tata co

Meet Renuka Ramnath, 1st woman and 'outsider' to head a Tata co

Rediff.com28 Apr 2017

Tata Communications has elected the private equity (PE) veteran as a successor to Subodh Bhargava.

Jet pilots ask SBI for pending salary, roadmap

Jet pilots ask SBI for pending salary, roadmap

Rediff.com26 Mar 2019

"We humbly request to you to alleviate some of the hardships that we and engineers have been facing, by ensuring that the new Jet management does not further delay our pending salaries dues at the earliest," NAG general secretary Tej Sood said in an e-mail to SBI chairman Rajnish Kumar.

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.

ZEE's Subhash Chandra bets on white-label ATMs

ZEE's Subhash Chandra bets on white-label ATMs

Rediff.com21 Jan 2015

It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.

Clearstone eyes 2 more companies

Clearstone eyes 2 more companies

Rediff.com23 Oct 2006

'As many people must get vaccine free of cost'

'As many people must get vaccine free of cost'

Rediff.com25 Nov 2020

''None of the existing vaccines have 100% efficacy.' 'Each vaccine will work openly on a certain percentage of the population.'

Caf Coffee Day owner goes missing, massive search on

Caf Coffee Day owner goes missing, massive search on

Rediff.com30 Jul 2019

It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.

Mortality rate high for foreign JVs

Mortality rate high for foreign JVs

Rediff.com12 Mar 2007

A day after Vodafone announced its $11.1 billion acquisition of Hutchison's equity holding in Hutch-Essar, India's fourth largest mobile service provider, it received an unsolicited advice from the Egyptian CEO of Orascom, Naguib Sawiris.

Banks are investing big time in venture capital

Banks are investing big time in venture capital

Rediff.com16 Feb 2018

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds

'One of the problems is neither Xi or Modi listen to other opinions'

'One of the problems is neither Xi or Modi listen to other opinions'

Rediff.com1 Jul 2021

'Both have a very nationalistic view of foreign policy.' 'They think they are shrewd and clever diplomats.'

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

An open letter to the finance minister

An open letter to the finance minister

Rediff.com2 Jul 2014

The sector faces many challenges and calls for prompt corrective action.

Modi govt must act swiftly to revive Air India's fortunes

Modi govt must act swiftly to revive Air India's fortunes

Rediff.com26 Aug 2014

National carrier Air India is running in losses and needs government's attention.

ESOPs, M&As out of capital gains tax net

ESOPs, M&As out of capital gains tax net

Rediff.com7 Jun 2017

The regulations will only apply to the share purchases that have been done after October 1, 2004

The demonetization month in numbers

The demonetization month in numbers

Rediff.com19 Dec 2016

Private equity and VC investments declined by 50 per cent. E-commerce deals lowest in value, volume in over 24 months. T E Narasimhan decodes the new EY report.

Infinite Computer to hire 600 in India

Infinite Computer to hire 600 in India

Rediff.com14 Jun 2004

Infinite Computer Solutions, on Monday announced it has secured $6 million in funding led by the Singapore-based equity investment firm WhiteRock Partners, and said it planned to recruit 600 IT professionals in India before March end.

McDonald's may go off menu in North and East

McDonald's may go off menu in North and East

Rediff.com22 Aug 2017

Default in payment of royalties to McDonald's India for nearly two years was the key reason behind the fast-food chain's decision to terminate franchise agreement

PE firms invest $2.27 bn via 89 deals in Q1 2014

PE firms invest $2.27 bn via 89 deals in Q1 2014

Rediff.com2 Apr 2014

In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.

New Insurance Bill is passed but firms not in a rush for FDI

New Insurance Bill is passed but firms not in a rush for FDI

Rediff.com11 Dec 2014

Insurance firms want more clarity before increasing foreign partner's stake.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

Planning a new car? 3 ways to acquire one

Planning a new car? 3 ways to acquire one

Rediff.com18 Jan 2021

Lease, Subscribe or Own?

RIL's two mega deals: What the brokerages say

RIL's two mega deals: What the brokerages say

Rediff.com13 Aug 2019

Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.

Shell may sell part LNG stake

Shell may sell part LNG stake

Rediff.com8 Aug 2006

Can SBI Mutual Fund be the top AMC?

Can SBI Mutual Fund be the top AMC?

Rediff.com6 Mar 2019

In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.

US firm to buy Minacs for $420 million

US firm to buy Minacs for $420 million

Rediff.com13 Jul 2016

Minacs will be integrated it into SYNNEX's BPO business, Concentrix.

Morgan Chase plans retail foray

Morgan Chase plans retail foray

Rediff.com6 Nov 2004

Corporate, PE investments in EV start-ups grow 170%

Corporate, PE investments in EV start-ups grow 170%

Rediff.com4 Dec 2019

The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.

How tech alumni plan to raise 21,000 crore to fight COVID-19

How tech alumni plan to raise 21,000 crore to fight COVID-19

Rediff.com2 Jul 2020

Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.

Bharti eyes listing in US market

Bharti eyes listing in US market

Rediff.com18 Feb 2005

Sunil Bharti Mittal promoted Bharti group is planning to list in the US market to access capital and expand visibility overseas.

'Environment to bring people into the financial system is very strong in India'

'Environment to bring people into the financial system is very strong in India'

Rediff.com22 Mar 2017

Venture capitalists Adam Wolfensohn and Ameya Bijoor tell Anjuli Bhargava about the kind of investments and companies they are looking to invest in.

India's slingshot moment

India's slingshot moment

Rediff.com3 Feb 2018

The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.

Xi offers to cooperate with India for COVID-19 vaccine

Xi offers to cooperate with India for COVID-19 vaccine

Rediff.com17 Nov 2020

So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.

PE investment rose 30% to $2.09 bln in Jan-March

PE investment rose 30% to $2.09 bln in Jan-March

Rediff.com1 May 2014

In MArch PE investment continued to show an uptrend.

Staring at an abyss

Staring at an abyss

Rediff.com11 Feb 2021

Do India's laws governing the Internet need revolutionary change, asks Ajit Balakrishnan.

Titan wants to rule the Indian woman's heart

Titan wants to rule the Indian woman's heart

Rediff.com9 Jan 2019

Titan's sarees will ride on the parent brand's immense equity and deep penetration to crack open the potential Rs 550 billion market.

Ratan Tata, US varsity to invest in Indian start-ups

Ratan Tata, US varsity to invest in Indian start-ups

Rediff.com5 Feb 2016

The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.