Global private equity (PE) firms are successfully offloading large equity stakes in domestic companies in the open market, taking advantage of buoyant conditions. Strong domestic liquidity support and an upward trending market have underpinned over a dozen PE exits worth $2.5 billion, data compiled by Business Standard shows. The figures exclude PE exits during maiden share sales and shares sold by strategic investors, such as SoftBank and Ant Group in new-age companies.
The National Conference is a part of the Indian National Developmental Inclusive Alliance (INDIA) and will continue to be, party leader Omar Abdullah clarified on Thursday and said it is in talks with the Congress for an arrangement in three of the six Lok Sabha seats in Jammu and Kashmir, and Ladakh.
In India elections are never fought in a straight line. It's fought on many issues, at many levels, with multiple emotions and with a bit of good luck, too. Sheela Bhatt reports from Rajasthan.
London Games bronze medallist Saina, who had retired midway through her first match at Uber Cup Final due to a groin injury, couldn't match Japan's world no 20 Aya Ohori and lost 21-16, 21-14 in the opening round.
Ace Indian shuttler Saina Nehwal sailed into the Korea Open Super Series quarter-finals after notching up a straight games victory over Shao Chieh Cheng of Chinese Taipei in the second round.
Did Rashid's cameo outshine all the other knocks?
Union Steel Minister Ram Vilas Paswan on Tuesday announced the decision to merge the ailing steel plant with the Steel Authority of India Ltd and said the proposal would now be taken to the Union Cabinet for formal approval.
Mahendra Singh Dhoni or Rishabh Pant? Whose knock did you enjoy most?
The Rio Games silver winner easily notched up a 21-14, 21-15 win over unseeded Japanese Aya Ohori in the second round match that lasted just 40 minutes.
Given the 2024 general elections, it is unlikely that the allegations around electoral bonds, raised by the Opposition, will disappear easily or with a shrug of the BJP's shoulders and fabled 56-inch chest, argues Shyam G Menon.
Sarvanan was ranked fifth in the seventh race to go down to second spot with five more races lined up in the Olympic Qualifying Event.
In mixed doubles, K Sai Pratheek and Tanisha Crasto prevailed 21-18, 21-14 over Macau's Leong Iok Chong and Weng Chi NG to make a winning start.
'We did so many things right in that first game. The messages from the coaches and captain was just that. We had to come back today and put things right, which we did.'
The ship will then be towed back to Mumbai where it will be decommissioned.
Sabalenka overpowers Raducanu, Osaka falls
The 5 per cent stake sale in Steel Authority of India is likely to fetch the government over Rs 2,000 crore (Rs 20 billion) at current market prices.
In his maiden visit to a defence establishment, Prime Minister Narendra Modi will sail on INS Vikramaditya, the largest warship of the Indian Navy, off the coast of Goa on June 14.
In the women's section, defending champion Unnati Hooda, national champion Anupama Upadhyaya, Ashmita Chaliha, Imad Farooqui Samiya, Tasnim Mir reached the pre-quarterfinals.
IMAGES from Premier League matches played on Saturday.
The base price would be made public only after the close of market hours on Thursday.
Marsh, Smith dig Australia out of a hole in Pakistan Test
During the negotiations, which began on September 4, both the proponents and sceptics stuck to their positions but finally reached common ground on Saturday after American prodding and deft diplomacy by New Delhi.
India lost all their three matches and without scoring any goal in the Asian Cup.
'Given that the situation is quickly escalating, such attacks will affect the flow of crude in the short term from West Asia' Subhayan Chakraborty and Dhruvaksh Saha report.
'If attacks escalate, there is a risk the Suez Canal may be closed.'
Images from the Champions League Round of 16 matches.
Domestic steel giant SAIL sees its workforce shrinking by up to 7,000 this fiscal as it continues with the rationalisation of manpower aimed at reducing employee cost by Rs 3,50,000 crore (Rs 3,500 billion) per annum.
Defending champion Stanislas Wawrinka survived some anxious against Gilles Muller before proceeding into the men's singles semi-finals at the ATP Chennai Open tennis tournament.
The lone Indian left in fray at the ATP Challenger Series' SAIL Open, Ashutosh Singh crashed out after a straight-sets loss to Australian Colin Ebelthite in a rain-interrupted second round match of the US $50,000 tournament. The wildcard local favourite, who stunned eighth seed Alexandre Kudryatsev of Russia in the opening round on Tuesday, was handed a 4-6, 4-6 defeat by Ebelthite, bringing the curtain down on the Indian challenge in the singles.
After being caught in the perfect storm and conquering near death at sea four years ago, Abhilash Tomy has made seafaring history by coming second in the world's most difficult ocean race. As he sailed to the finish line to welcoming cheers, holding the Indian flag, his remarkable story tells us the amazing things human beings can do.
Images from Day 4 of the third Test between India and England at the Niranjan Shah Stadium in Rajkot on Sunday
Offers for 23.53 crore shares or 97.9 per cent of the 24.03 crore shares on offer, were received at close of trading hours, according to data from stock exchanges.
'My tool is the way I look. This is the only thing that distinguishes me.' 'Most of us dress similarly. What sets you apart is your face. If you change that also, you're like anybody else.'
Last week, Chandra Shekhar Verma did something rather uncharacteristic for a state-owned company chieftain, especially one reputed to be a stickler for rules. The Steel Authority of India (SAIL) chairman - its youngest ever - openly criticised the government.
State-run Steel Authority of India on Tuesday said it will file the red herring prospectus in May for its forthcoming follow-on public offer, which is expected to hit the market in the first quarter of the next fiscal.
According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.
General Motors India on Thursday launched premium hatch-back 'Opel Corsa Sail' and said it would invest Rs 180 crore (Rs 1.8 billion) by the year-end to roll out more vehicles.
On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
Defending champions India held their nerves to beat Lebanon in the penalty shootout and set up a title clash against Kuwait.
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