Investments by private equity and venture capital funds declined by 44 per cent to $3.7 billion in February compared to the same period a year ago, a report said on Monday. The bets by the long-term investors were 13 per cent lower when compared to the investments in the preceding month of January, the report by industry lobby Indian Venture and Alternate Capital Association and consultancy firm EY, said. "...rising global recession concerns, increasing cost of capital and mismatch in valuation expectations between sellers and investors are turning out to be major impediments in the deployment of capital," EY's partner Vivek Soni said.
HRD ministry forces Allahabad University to change its decision.
The mother said she would meet him only on the campus along with four other students who were suspended.
With around 50 students interested in being members, the club will be a forum for students interested in all aspects of private equity and venture capital. As part of formalising the club, the students are holding the first intra-institute event called the 'Zen of Investing', where the club plans to invite alumni working in the area of private equity, besides involving the faculty and students for the activity.
Premier pacer Jasprit Bumrah was on Friday named vice-captain of India for the upcoming three-match home Test series against New Zealand, strongly indicating his possible elevation to the leadership role when the team travels to Australia from next month.
With the series locked at 1-1, Brisbane could well decide the course of the rubber and whether Rohit's men would continue to be the master of their fate in the ongoing World Test Championship.
In the Africa Qualifiers, Uganda finished second in the Regional Final, behind Namibia, to seal their berth.
Canara Bank, India's second largest public sector bank, is all set for an aggressive play in the venture capital business.
Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.
Keeping up its offensive, an Aam Aadami Party delegation on Wednesday met Delhi University Vice Chancellor demanding that they be allowed to examine records of Prime Minister Narendra Modi's BA degree but they had to return empty handed.
Jadavpur University students on Friday did not allow the Registrar and Pro-Vice Chancellor to enter the campus and boycotted classes for the second consecutive day in protest against police action on them two days ago.
India along with New Zealand and Pakistan are in contention for the last remaining semi-final spot from Group A.
Visva Bharati Vice Chancellor Sushanta Dattagupta, facing charges of administrative and financial irregularities, has emailed his resignation to President Pranab Mukherjee.
Harmanpreet, Mandhana, Jemimah hold key to India's T20 World Cup campaign
Investment by PEs into HLS sector dropped to $203 million in 2008-09 from $836 million in 2007-08, while the number of deals dropped 51 per cent to 21 from 43 deals. Similarly, VC investments also declined to $48 million from $80 million. In terms of deals, they dropped to 11 from 14.
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
In the video, Arvind Kejriwal, the Aam Aadmi Party (AAP) national convenor, is seen addressing a trial court.
Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
The Supreme Court on Wednesday lifted its embargo and allowed the Centre to go ahead with the appointment of Central Vigilance Commissioner and a Vigilance Commissioner from the list of candidates shortlisted by it.
The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.
A turner in Pune exposed the soft underbelly of Indian batters' technique against slow bowling but as per the current team's philosophy, it has decided to take the bull by its horns by asking for a turner where the ball might turn at right angles from first hour.
Head coach Jason Gillispie said Shaheen Afridi understands the "situation" and the break will give him quality time with his family.
The Supreme Court on Wednesday asked the Centre to take its prior "leave" before going ahead with the appointment of the Central Vigilance Commissioner and Vigilance Commissioner and also sought records pertaining to the selection process in a sealed cover.
As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.
"Can a university itself be termed as a minority institution," the SC asked during the hearing of a plea seeking a direction to quash the appointment of AMU vice-chancellor Lt Gen (Retd) Zameeruddin Shah.
Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.
Indian economy is expected to grow 10.5 per cent or more in the current fiscal, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday. Speaking at a virtual conference organised by the Public Affairs Forum of India (PAFI), he also said that modernisation of the retail sector is very much on the cards. "India Purchasing Managers' Index (PMI) for both manufacturing and services has shown a very smart uptick last month. "This (Indian economy) will strengthen even further," he said. "I expect Indian economy to grow 10.5 per cent or higher in FY 22," he noted.
'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'
Injured Jason Holder replaced by Obed McCoy in West Indies squad for T20 World Cup
India has only minor concerns, but New Zealand's troubles across batting and bowling departments are more pronounced.
The move, a part of the new set of prudential norms being discussed by financial sector regulators across the globe in the wake of the credit crisis, was being discussed in view of the reputational risk arising from undertaking such activities, RBI said in its annual report for 2008-09.
As the tides of investments change over time, venture capital funds are shifting their focus to businesses related to consumer demand such as education, media and entertainment, food & beverages and alternative energy.
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The healthcare IT sector saw 168 transactions in the second quarter of 2013, higher than 104 in the previous quarter (January-March) and 163 in all of 2012.
Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
According to Venture Intelligence, PE/VC investors have already invested $93 million in 10 education companies so far in 2011, led by a Rs 100 crore (about USD 22 million) investment in vocational training and placement firm Teamlease Services.
Shreyanka Patil, Mannat Kashyap, Saika Ishaque and Titas Sadhu were on Monday included for the first time in the Indian women's ODI squad for the upcoming limited overs assignment against Australia.
Venture capital investments grew at a rapid pace across the US in the April-June quarter of 2011, surging by 19 per cent to $7.5 billion, says a new report.
The ongoing tussle between the Nitish Kumar government and the Raj Bhavan further escalated with the Bihar education department inviting applications for the post of vice-chancellors (VC) in different universities days after Governor (Chancellor) Rajendra Vishwanath Arlekar's secretariat issued a similar advertisement.
Moreover, VC investments are anticipated to move away from information technology and telecommunication areas, according to German banking major Deutsche Bank.
