Hong Kong-based private equity firm Saif Partners plans to invest $100-150 million more in India in the next two years in sectors like technology, media financial services and telecom.
As the year draws to a close, Rediff's Senior Contributor Roshmila Bhattacharya takes a look at the hits and misses, the highs and lows, the newsmakers and the dealbreakers in alphabetical order.
Did Jaideep Ahlawat's answer give Saif Ali Khan something to worry about? :)
A senior Pakistani official reveals the UAE is restricting visas for Pakistanis, while the UAE ambassador discusses visa facilitation reforms. Concerns about criminal activities and visit visa violations are cited.
Mumbai off to flourishing start in SMAT, beat Railways by 7 wickets
As many as 16 wickets fell on the opening day as visitors Hyderabad were left reeling at 88/6 after bundling out Jammu and Kashmir for 170 on the opening day of their Ranji Trophy Elite Group D match in Jammu on Sunday.
'For him what's important is relationships, his role, and, of course, the script.' Rediff celebrates Shah Rukh Khan's 60th birthday on November 2 with a special series that introduces us to the man behind the superstar.
Vimal Khumar and Pradosh Ranjan Paul struck massive hundreds as Tamil Nadu piled up 399 for two against Nagaland on the opening day of their Ranji Trophy Elite Group A match in Dimapur on Saturday.
The India vs Bangladesh rivalry has gotten bitter in recent years, thanks to the partisan young fans, many of whom perceive India as an adversary.
'The incident has underlined that you can't leave anything to chance or take anything for granted.' 'You have to ensure that your family is taken care of 24x7.'
Just who are the reining stars of Bollywood? One look at Maddock Films' 20th anniversary party gives you a pretty good idea.
Bade Miyan Chote Miyan pits him and Tiger Shroff in titular avatars. While we wait to catch their distinct personality play off against each other, Sukanya Verma offers a lowdown on Akshay's two-hero jodis in the past.
Digital firm One97 Communications, which operates under Paytm brand name, on Thursday said its IPO will open on November 8 for subscription in the price band of Rs 2,080-2,150 apiece, which implies that the firm's valuation stands at Rs 1.44 lakh crore-Rs 1.48 lakh crore. The initial public offer (IPO) subscription will close on November 10.
Fresh pairings bring about fresh energy on celluloid. And quite a few untried ones are all set to draw our attention with the unique crackle of their chemistry on the big screen soon.
The largest deal of this year was Centerbridge Partners LP investing $1,157 million in Senvion SE for 100% stake from Suzlon Energy.
@015 has been a good year so far in terms of importan private equity deals.
'Dada only shot my left side because he loved that profile. He encouraged the Bengali side in me.'
Digital payments firm Paytm is expected to seek shareholders' approval to raise up to Rs 16,600 crore through an initial share sale, giving it a valuation of over Rs 1.78 lakh crore, according to a source. The extraordinary general meeting of Paytm is scheduled for July 12 in which the company may seek approval to raise up to Rs 12,000 crore through issuance of fresh equity. Another Rs 4,600 crore is expected to be raised from the sale of equity shares by existing and eligible shareholders, according to the source.
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.
Paytm's Rs 18,300-crore IPO -- India's largest public issue to date -- was subscribed only 18 per cent on the first day of bidding on Monday.
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.
Investments are pouring into online portals for add-ons.
The shareholders have approved raising of Rs 12,000 crore during the initial public offer and sale of secondary shares will take the total amount to Rs 16,600 crore. "Shareholders have approved all the proposals at the extraordinary general meeting. "The shareholders have approved the proposal to raise capital and the fresh issue of shares of up to Rs 12,000 crore during the IPO.
While a number of players invested more in Indian companies, another set exited the market, making profits after March. The companies that invested included Saif Partners, which made a $24 million investment in Network18, and Times Private Treaties, which acquired 12 per cent in Jiny & Jony (for an undisclosed sum), according to data with analysts and brokerage firms.
Home Shopping, it seems, is serious business not just on TV but across media.
Paytm, which recently hived off its e-commerce and payments bank businesses into separate companies, would use these fresh funds to bolster the two businesses
Digital payments and financial services firm Paytm has filed a draft red herring prospectus for its proposed Rs 16,600-crore initial public offering (IPO) with the Securities and Exchange Board of India.
All Chinese nationals on the board of digital payments firm Paytm have been replaced by US and Indian citizens, while there is no change in existing shareholding, according to a regulatory filing of the company. Alipay representative Jing Xiandong, Ant Financial's Guoming Cheng, and Alibaba representatives Michael Yuen Jen Yao (US citizen) and Ting Hong Kenny Ho have ceased to be directors of the company, as per the regulatory document. According to a source, Paytm now has no Chinese national on its board.
Tata Group's Chairman Emeritus Ratan Tata has invested in online furniture company Urban Ladder, making it his second personal investment in an e-commerce firm after Snapdeal.
In just three years the online real estate portal has managed to raise about Rs 270 crore.
To create a community, the consumer can share the details of the offer with friends and family who want to buy the same goods.
Designer Akki Narula on dressing Kareena Kapoor and Saif Ali Khan in Kurbaan.
Love does conquer all in Bollywood.
Ayushmann Khurrana is ready to repeat the flirtatious woman deed second time around in Dream Girl 2.
Shivam Dube continued his recent streak of form with a counter-attacking fifty that proved to be the cornerstone of Mumbai's excellent 330 for six against Bengal
Mayank Agarwal played a captain's knock of 109, as his side took a 64-run lead on Day 2
Joginder Tuteja lists the most interesting ones, right here.
The deal gives a valuation of over $4 billion to Paytm, which is already backed by Alibaba group as a strategic investor.
Shivam Dube carried his rich recent form into domestic circuit cracking a rapid fifty but Shreyas Gopal's four-wicket haul ensured that Mumbai were bowled out for 251