India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.
The idea is to create a start-up-like activity with a small business unit.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
This could change the way diamonds are traded.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances.
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
The idea behind starting Chingari is not to build a TikTok clone but to position itself as a super app for India like WeChat.
Nasscom has identified 4-5 different areas and is taking these recommendations to the government.
The problem, says Chandrasekaran, arises from the lack of access to services, including healthcare, education and financial services.
Enabling the online booking and payment for Indian Railway tickets is one such case. Amitabh Pandey's book is about how he went about enthusing teams inside the Indian Railways and facilitating online reservations, says Ajit Balakrishnan.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
The eyewear market in India is worth $3 billion.
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
Even as the gaming industry battles multiple regulations in different Indian states, it has received more than double the amount of investment this year compared to 2020. Industry watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the innovative business models gaming firms have built. According to data from industry tracker Venture Intelligence, investment in India's gaming sector in 2021 has more than doubled to $794 million, as against a total investment of $339 million last year. In 2019, this number was $176 million. Marquee investors such as Tiger Global (Dream11), Sequoia Capital India (Mobile Premier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Partners (Zupee) have pumped money into the sector.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
However, that could only be for sectors where 100 per cent FDI is allowed under the automatic route and pose no risk to national security.
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
Start-ups have begun looking at ways to conserve cash.
Should we really pay attention to them, asks Ajit Balakrishnan.
Swiggy, a Bengaluru-based food ordering and delivery start-up, says it aims to revolutionise this segment.
Experts say a lot of new wealth is being generated by promoters selling their stake.
After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial share-sales are set to open are Sapphire Foods India, which operates KFC and Pizza Hut outlets, decorative aesthetics supplier SJS Enterprises and microcrystalline cellulose manufacturer Sigachi Industries. The IPOs of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, and Fino Payments Bank are currently open for public subscription.
VCs have been especially bullish about India.
M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes.
In a world awash with capital everyone is out hunting for the next Big Business Idea.
The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.
The company, started by three BITS Pilani graduates in 2005, could be planning to aggressively scale up its business to tap the untapped potential that the bus-booking service offers in India.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
Gadkari said the NHAI was working on setting up an InvIT to monetise its projects for mobilising resources through capital markets.
The logistics segment is becoming a hot favourite of private equity, of late.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
Naukri.com founder Sanjeev Bikchandani shares his inspiring journey from zero to the top and the lessons he learned along the way.
According to the RBI proposal, companies can now take the ECB route for raising 10-year funds which is capped at five years now.
'Saying the private industry will come and transform India's space programme is real moonshine!'