Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
According to EY's private equity deal tracker, Brookfield-Reliance Jio's $ 3.7 billion deal is the largest ever PE/VC deal in India, surpassing the $ 2.5 billion investment made by Softbank in Flipkart in 2017.
IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.
Investments by private equity and venture capital funds declined by 22 per cent to $5.4 billion in June, as compared to the $6.9 billion in the year-ago period, a report said on Monday. However, if compared with May's $4 billion, the investments were higher by 33 per cent, the monthly report by industry lobby group IVCA and consultancy firm EY said. If one were to compare the inflows into companies in the first half of 2021, the investments were 45 per cent higher at $26.9 billion.
Investments by private equity and venture capital funds doubled to a record high of $9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC) investments stood at $4.1 billion in the year-ago period. The activity was higher by 77 per cent when compared to June's $5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.
So many movies coming up for release in theatres in 2024 but January's OTT watch seems interesting too.
It dropped sitting MP from Guna, Krishnapal Singh Yadav, to field Union Minister Jyotiraditya Scindia from the seat.
What is the CDS telling the Raksha Mantri that has got Rajnath Singh pensive?
Despite the $11.7 billion raised by Reliance Industries Ltd (RIL) through stake sales, venture investments in 2020 have declined by a fifth to $28.9 billion till September, consultancy firm EY said in a report on Thursday. Since mid-March, coronavirus infections started getting reported in the country, which has now become the second highest globally in terms of numbers. The lockdowns severely dented economic activity, leading to a 23.9 per cent contraction in the gross domestic product (GDP) for the April-June period and expectations of a 9.5 per cent contraction by the Reserve Bank of India (RBI) for 2020-21.
The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India's largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in the SBI Cards IPO.
From Vijay's fiery latest to atom bomb origins, brace yourself for some explosive action on OTT this week.
They're clearly setting new goals for couples planning to tie the knot this year.
The number of deals announced in the month were the highest ever at 102 for any month, compared to 75 in the same period last year and 92 deals in March.
There's a lot of entertainment coming up for you on OTT in the month of August.
The National Commission for Women (NCW) has sought a first information report (FIR) in connection with alleged suicide attempts by students of a private university in Punjab's Mohali after their 'videos' were 'leaked'.
According to the IVCA-EY report, July recorded 10 large deals worth $3.1 billion compared to 13 large deals worth $7.1 billion in July 2019.
Meenakshi Sundareshwar is a Basu Chatterjee slice-of-life packaged in a glossy ad film whose source of heart are its two genuinely likeable leads, feels Sukanya Verma.
Alia Bhatt won hearts when she wore her wedding sari at the 69th National Film Awards at the Vigyan Bhawan in Delhi. The ivory embroidered drape was designed by Sabyasachi Mukherjee.
As voting in the Congress presidential polls got underway, outgoing party chief Sonia Gandhi on Monday said she had been waiting for a long time for this day.
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
All major sectors -- real estate, e-commerce, IT, retail and consumer products, healthcare -- saw new all-time highs in value invested.
No major deals above the value of USD 300 million happened last month, causing the decline from January, which registered deals worth USD 3.5 billion, according to a report released by consultancy firm EY on Wednesday.
Sunil Shetty makes his OTT debut. Chiranjeevi comes calling. Parvathy Thiruvothu, Nithya Menen and Amruta Subhash provide enchanting viewing. Santa Claus gets ready to retire.
Anupam Kher hosted a special screening of his new film Uunchai, also starring Amitabh Bachchan, Boman Irani, Danny Denzongpa, Parineeti Chopra, Neena Gupta and Sarika.
General Manoj Chandrashekhar Pande viewed the Guard of Honour on Sunday, May 1, 2022, morning at South Block on assuming the office of Chief of the Army Staff.
The university on Monday suspended two wardens for negligence.
Alia Bhatt, animated treats, action masala and comic book adaptations, OTT is quite the goodie bag this week.
The Maa Bharati Ke Sapoot Web site (www.maabharatikesapoot.mod.gov.in) will enable citizens to contribute to the Armed Forces Battle Casualties Welfare Fund
Rehabilitation of street kids, pet parenting, housing dreams, desert dramas and life changing magicians, Sukanya Verma suggests all this and more on OTT this week.
OTT has seen some of the grittiest and quirkiest cops in its Web series and original movies.
'We shot the song Zinda Banda for about six days.' 'We were dancing relentlessly for six days to a point when we thought our knees had started making sounds!' 'He was on set, every day, dancing next to us for all those six days.'
Bollywood stars celebrated Father's Day with beautiful pictures and messages on Instagram.
Prime Minister Modi, Defence Minister Rajnath Singh, Home Minister Amit Shah, Finance Minister Nirmala Sitharaman and External Affairs Minister Dr Subrahmanyam Jaishankar attended CCS meeting.
What is Akshara like in real life? Namrata Thakker looks at her Instagram feed to find out.
Just how are film folk celebrating Diwali? They tell us with pictures from their lives.
Ghulam Nabi Azad's resignation from the Congress on Friday marked the most high-profile exit of one of the "Group of 23" (G-23) leaders, who had written to party chief Sonia Gandhi two years ago for a "collective and inclusive leadership" in the organisation, exposing the faultlines in the grand old party.
Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.
Also, a court in Mohali's Kharar sent the three accused, including the woman student, to seven-day police remand.
Every part of the equipment salvaged from the remanants of the Mi-17V5 helicopter will be carefully examined to find out what went wrong in the final moments of the flight from the Sulur air base in Coimbatore to the Defence Services Staff College in Wellington near Coonoor where General Rawat was headed.