The world's largest mobile handset maker Nokia on Thursday said it will pump in an additional $150 million in the company's private equity and venture capital arm to focus on investment opportunities in the emerging markets of India and China.
Semi-high-speed 'Namo Bharat' train services on the 17-km priority section of India's first Regional Rapid Transit System (RRTS) rail corridor will be opened for people from Saturday morning.
Venture capital funds and private equity investors disbursed an estimated $1.3 billion in India in 2004, a growth of 49 per cent over the previous year
The scam-hit Satyam Computer founder B Ramalinga Raju, brother Rama Raju and ex-chief financial officer Srinivas are in 'protective custody', former Securities and Exchange Board of India chief M Damodaran said in Ahmedabad on Saturday.
Snapdeal has a number of shareholders including Ontario Teachers' Pension Plan, PremjiInvest, Ratan Tata, Foxconn, Temasek and BlackRock, among others.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
He also talks on the US challenge and on India's relations with China.
Private equity firms invested about USD 3.7 billion across 133 deals during the first quarter of 2018 as compared to USD 7.3 billion by way of 200 transactions a year ago.
Ashish Gupta, managing director, Helion Advisors, talks about his start-up experience and gives tips on how to succeed as an entrepreneur.
ITeS company Mphasis chairman Jerry Rao has invested an undisclosed amount in Royal Orchid Group of Hotels after joining the group's board of directors.
Technology solutions provider Caritor has reached an agreement with Citigroup Venture Capital International to make an investment in Caritor for joint strategic initiatives.
Surjewala said shocking revelations have brought out lies of Sitharaman about the award of Rs 30,000 crore 'defence offset contract' to Reliance Defence as part of this deal.
Hyderabad-based ICSA (India) is divesting 14 per cent of its stake to Citigroup Venture Capital International Growth Partnership Mauritius for $30 million
One year after the Insurance Regulatory and Development Authority's (Irda) allowed insurance companies to invest in venture capital (VC) funds, no insurer has shown interest in funding VCs.
The fund will close in two tranches, with the first tranche of $ 100 million expected to close in two months. However, the company has not set any time-frame for raising the entire corpus of the fund. In addition, Dewan Housing Finance, the parent entity, is also looking to raise Rs 150 crore (Rs 1.5 billion) to bolster its operations. The fund-raising may also be in the form of equity dilution.
Two Indian companies -- Strand Life Sciences and Drishtee -- are among 47 'visionary' firms worldwide selected by the World Economic Forum as Technology Pioneers 2007 for their life-changing innovations.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the Foreign Investment Promotion Board route ensuring management control in the hands of Indian promoters.
Ecorithm's powerful suite of technologies can be applied to build systems and various other enterprise solutions to improve operations.
WPP also plans to introduce 24/7 Real Media, a digital marketing firm, in India and the rest of Asia.
Two weeks after one of the worst financial downturn in the US, the husband and wife team walked in with a business plan and now the company is Cisco, says Mohit Bhatnagar.
A young girl from Manipur hopes the happy days of togetherness will return to her beloved state again.
After a year of taking over the airport, the GMR-led Delhi International Airport consortium has initiated the process of commercial property development by inviting bids for building hotels on nearly 40 acres.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
UCO Bank mulls AT1 offering to raise Rs 1,000 cr.
After a subdued year, the investors and market experts are expecting the PE and VC investments to pick up next year as raising debts have become costlier and IPOs are not finding any takers and the dampened investor sentiments might finally start improving on the back of efforts made by the government. At the same time, VC investments into Indian firms have declined to $733 million with 122 deals so far this year, from 142 deals worth $874 million in 2007.
'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
The 58-year-old go-to man at the consumer goods maker will helm Global Beverages & Foods that will launch confectioneries, juices and snacks in six-nine months.
This is in addition to the $3 billion (around Rs 15,000 crore) infrastructure fund being set up in association with the Macquarie group and International Finance Corporation. Though SBI would be a late entrant to the private equity space, Bhatt was confident that it would not be a deterrent.
PM Manmohan Singh is keen on addressing the issues of global warming in India and has promised a Venture Capital Fund to promote green technologies.
India on Thursday approved capital acquisition of a plethora of indigenously-developed military hardware including indigenous BrahMos missiles, marine diesel engine, artillery gun system, electronic warfare suits and utility helicopters at a cost of Rs 70,584 crore as part of a mega procurement plan.
Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre of Mumbai in sixth place, according to new research released in London on Thursday.
Indian software product companies, which are planning to raise venture capital funding, will have to ensure that their domestic and emerging market focus is sharp. Indian IT start-ups, which are introducing software products, have better prospects of availing VC funding, according to many VCs. It has always been difficult for start-ups in the software product space to compete with the global software giants, even in the domestic market, they note.
PVC is looking at entrepreneurs with passion and it aims to build technology ventures.
Academy award winning actor Al Pacino, who had a longtime wish to don the character of Napoleon, is now getting a chance to play the French emperor in an on-screen adaptation of children's book.
The small and medium enterprises may soon have a credit card in their names. The Lucknow-based Small Industry Development Bank of India is mulling over the idea of having an SME credit card.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances