Private equity (PE) activity in India between January and November 2024 recorded a total value of $30.89 billion across 1,022 deals, a 22.7 per cent increase in value and an 18.4 per cent rise in deal count compared to $25.17 billion across 863 deals during the same period in 2023. Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion.
The MPs who win assembly polls will have to quit one of their seats in the next 14 days.
Trinamool Congress MP Mahua Moitra on Thursday pleaded innocence to the 'cash-for-query' allegation levelled against her and told a parliamentary committee that the charge is motivated by animus of advocate Jai Anant Dehadrai after she broke off her personal relations with him, sources said.
The gig economy market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by the end of 2024, according to a white paper by The Forum for Progressive Gig Workers. Estimates suggest the gig economy has the potential to create 90 million jobs and add 1.25 per cent to India's GDP (gross domestic product) over time.
'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'
'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'
However, there was no official word from the Lokpal.
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
Police registered a case against more than 200 persons from Markadwadi village and nearby areas in Maharashtra's Solapur for allegedly trying to conduct a 're-election' using ballot papers on Tuesday in an unauthorised manner, officials said.
Scoring field goals was a major concern in Paris but here the young forwardline comprising Sukhjeet Singh, Abhishek, Uttam Singh, Gurjot Singh, Araijeet Singh Hundal and others have exceeded expectations.
'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'
Top Congress leadership on Tuesday discussed the issue of government formation in Telangana.
According to some observers, the Congress gained ground by attracting votes from Telugu Desam Party sympathisers after the TDP opted out of the race due to its own reasons.
The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.
Sources said the committee is also expected to underline its unhappiness at the conduct of some opposition members during its proceedings and make a mention of it in its recommendations to the House.
While the party announced 144 party candidates for Madhya Pradesh elections, it announced 30 candidates for the Chhattisgarh polls and another 55 for Telangana assembly polls slated next month.
Maintaining a clean slate, favourites India will fancy their chances when they take on a below-par but unpredictable Korea in the semifinals of the Asian Champions Trophy hockey tournament in Hulunbuir, China on Monday.
'He never went to the Bombay industry.'
Commissions paid to mutual fund distributors (MFDs) increased by over 20 per cent for most large fund houses in 2023-24 (FY24), driven by a sharp market rally and strong inflows. The largest fund house, SBI Mutual Fund (MF), which now manages nearly Rs 10 trillion in assets, paid Rs 2,025 crore to its major distributors - 21 per cent higher than the Rs 1,675 crore payout in 2022-23 (FY23).
In their dissent notes, the opposition members alleged that the inquiry process is a "farce" and a "proverbial kangaroo court".
The spring/summer end-of-season sales have been advanced by a week with brands having high inventories due to weak demand in May because consumers avoided shopping in the hot month.
'Splitting must result in tangible benefits for the customer, otherwise it will only mean more work for them in maintaining the policy and for their nominees.'
India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."
'Are we supposed to look the other way as Islamists go on a rampage against Hindus and the Hasina government pay lip service to secularism?' A revealing excerpt from Avishek Biswas and Deep Halder's book, Being Hindu In Bangladesh: The Untold Story.
The AAP national convenor is out on an interim bail till June 1. He has to surrender on June 2.
A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.
The ethics committee of the Lok Sabha has asked Trinamool Congress member Mahua Moitra to appear before it on October 31 in relation to the allegations levelled against her by Bharatiya Janata Party MP Nishikant Dubey, who told the panel on Thursday that it was an "open and shut" case and she should be disqualified.
'Asset allocation should be driven much more by long-term factors rather than the market scenario at any particular point in time.'
Gaurav Gogoi will head the screening committee for Rajasthan with Chief Minister Ashok Gehlot and former deputy chief minister Sachin Pilot included among the ex-officio members of the panel.
While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.
West Bengal Director General of Police Rajeev Kumar on Thursday said that police will listen to the complaints of every individual in Sandeshkhali and strict action will be taken against those found guilty.
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
Housing sales in seven major cities rose 5 per cent annually to about 1.2 lakh units during the April-June period, while demand fell 8 per cent from the preceding quarter on surge in prices, according to Anarock. Real estate consultant Anarock, which is one of the leading housing brokerage firm, on Thursday released the data of housing market for the current April-June quarter. In April-June 2024, housing sales across seven major cities are estimated at 120,340 units, up 5 per cent from 115,090 units in the year-ago period.
The Kirti Chakra awardees are Major Digvijay Singh Rawat of 21st Battalion, the Parachute Regiment (Special Forces), Major Deependra Vikram Basnet from the Sikh Regiment's fourth battalion and Havildar Pawan Kumar Yadav from the 21st battalion of the Mahar Regiment, according to the defence ministry.
Opposition members of the Lok Sabha ethics committee on Thursday stormed out of a meeting along with Mahua Moitra, accusing the panel's chairperson of asking the Trinamool Congress MP personal and unethical questions.
The Ministry of Micro, Small and Medium Enterprises (MSME) has received "positive" feedback from industry regarding the 45-day payments cycle for MSMEs, according to a senior official familiar with the matter. The comment assumes significance amid concerns raised by some MSMEs that big companies may stop buying from small and medium suppliers and instead choose to make purchases from unregistered enterprises.
The fitment committee under the Goods and Services Tax (GST) Council, comprising central and state officials, has begun a rate rationalisation exercise afresh, checking the possibility of dropping some of the rates, particularly the 12 per cent slab, to achieve a revenue-neutral structure, a senior official with direct knowledge of the matter
'Then, one fine morning, I returned to my first love.' 'All the top directors of the time were waiting for me.' 'In one day, I signed 12 films.' 'Prosenjit Chatterjee was back!'
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