Newly-formed Ascent Capital, which is a separate investment entity carved out of UTI Ventures, recently raised $350 million (Rs 1,575 crore) for its first fund.
Albeit muted for most part of the year, Deal Street in India has clocked M&As worth $29 billion in 2014 and expects the size to get larger with transactions worth over $40 billion in the New Year.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat.
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
Bulk of the medicine sales in the $22-24 billion domestic pharma market happens through offline retail chemists. With the entry of online pharmacies, this space has started to witness a shake-up. Sample this: Dawaa Dost, a Rajasthan based digital health start-up, generates medicine orders from 'kirana' stores and women self-help groups (SHGs) that operate in villages, and then service these orders through its affiliated network of pharmacies. Biddano, another health-tech start-up, has a platform that acts as an aggregator for neighbourhood chemist shops.
Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.
They are small town boys who went on to make it big in global financial powerhouses.
Out of the 24 IPOs, 20 companies had anchor investors, which collectively subscribed to 31 per cent of the total public issue amount.
According to the committee, single overseas investments of more than 10 per cent in a company should be considered as Foreign Direct Investment while those less than 10 per cent should be classified as foreign portfolio investment.
The manifesto was unveiled by Jayalalithaa at a public rally, in a departure from usual practice of release at party headquarters in Chennai.
FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, has filed preliminary papers with markets regulator Sebi to raise Rs 3,500-4,000 crore through an initial share-sale.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
The housing finance major issued non-convertible debentures and warrants to raise another Rs 4,000.03 crore.
Investments are pouring into online portals for add-ons.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
'As much as $4 billion in India's start-up companies has come from Chinese funds.' 'Government policy must not remain indifferent to the problems India's start-up ventures are likely to face after the change in FDI rules,' says A K Bhattacharya.
Droom has seen aircraft such as the Falcon, Hawk and Cessna being rented.
Internet entrepreneurs are the next big thing in India.
I would not recommend picking up your briefcase and walking out of your cubicle at the first sign of trouble.
Relations between founders and investors in the start-up universe - remains as tricky as ever.
To resolve the so-called 'angel tax' issue, the start-ups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums, she said.
After selling out to Google, the 27-year-old has now turned into an angel investor.
Four states - Karantaka, Kerala, Odisha and Rajasthan - were in the top performers' category.
Vani Kola left behind a stellar career as an entrepreneur in the US.
In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.
Shortage of top engineering talent in Silicon Valley is inflating paychecks.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.
Commerce and Industry Minister Piyush Goyal urged start-ups to focus on three Ps - product, process, people - for building Aatmnirbhar Bharat.
Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
Companies like Ace Turtle are helping brands enable omni-channel retail, bridging the offline and online gap. Abhishek Jejani reports.
'Rahul inspired Indian industry with an ethos, an ethos of being more confident, more independent, more thorough, more competitive, more generous, more public-spirited, and more national and more international all at once,' remembers Naushad Forbes.
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.
The pilot-turned-airline owner and his partner Biraja Jena plan to launch FlyBig, which has secured 16 routes under the fourth phase of UDAN, the government's regional connectivity programme.
This is the first investment in Asia from the Chan Zuckerberg Initiative, which was founded by Zuckerberg and his wife Priscilla Chan
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