News for 'pe'

AI & automation to play a crucial role for retail industry in 2025

AI & automation to play a crucial role for retail industry in 2025

Rediff.com30 Dec 2024

With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.

PE inflows plunge 42% to $23.3 bn in 2022

PE inflows plunge 42% to $23.3 bn in 2022

Rediff.com10 Jan 2023

Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.

High Valuations Pose Risk To Bull Market

High Valuations Pose Risk To Bull Market

Rediff.com4 Sep 2024

'Over the next 12 months, it will be difficult to make 15 to 20 per cent return in the markets as the valuations appear stretched.'

'BharatPe board is charting out path for listing'

'BharatPe board is charting out path for listing'

Rediff.com7 Apr 2022

'The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner.'

'There Is A Fear Of Disappearing'

'There Is A Fear Of Disappearing'

Rediff.com30 Aug 2024

'God can you get work, but once you get it, you have to do it with honesty and put your 100 percent into it.'

Sanya, Alia Can't Get Enough Of...

Sanya, Alia Can't Get Enough Of...

Rediff.com12 Nov 2024

The Ajrakh print has taken 2024 by the storm.

Siemens stock drops rapidly as management flags growth challenges ahead

Siemens stock drops rapidly as management flags growth challenges ahead

Rediff.com31 Dec 2024

Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.

Salman: 'What All I'm Going Through In My Life...'

Salman: 'What All I'm Going Through In My Life...'

Rediff.com21 Oct 2024

Salman Khan returned to his hosting duties on Bigg Boss 18 just days after his close friend and NCP leader Baba Siddique was killed.

Modi keeps promises: PM assures Kashmiris on statehood

Modi keeps promises: PM assures Kashmiris on statehood

Rediff.com13 Jan 2025

Prime Minister Narendra Modi on Monday asserted that he would keep promises he had made to the people of Jammu and Kashmir, a statement seen as an oblique reference to the demand for restoration of statehood voiced strongly by Chief Minister Omar Abdullah.

How Malaika Spent Her Sunday

How Malaika Spent Her Sunday

Rediff.com26 Aug 2024

Samantha walks the ramp... Parineeti can't look away from the mirror... Kunal chases the clouds...

YouTuber Elvish, comedian Bharti Singh summoned in Rs 500-cr fraud case

YouTuber Elvish, comedian Bharti Singh summoned in Rs 500-cr fraud case

Rediff.com3 Oct 2024

The police received over 500 complaints alleging that many social media influencers and YouTubers promoted the HIBOX mobile application on their pages and lured people into investing through the app, the officer said.

'Tumko Bat Chahiye?': How Kohli's gesture inspired Akash Deep

'Tumko Bat Chahiye?': How Kohli's gesture inspired Akash Deep

Rediff.com16 Jan 2025

Akash Deep reveals how Virat Kohli offered him one of his bats -- a bat that scripted a rare happy memory during India's otherwise devastating tour of Australia.

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

When Shah Rukh Khan Visited Bungalow

When Shah Rukh Khan Visited Bungalow

Rediff.com11 Dec 2024

'I told him I would send the food to his hotel, he said, "No, I want to experience the hospitality".' 'He came and sat and I just kept staring.' 'He said, "Tu baith mere saath".' 'When I sat down with him we both looked up at the glass ceiling. And do you know what we saw?'

'Our partnership with BharatPe is firm and good'

'Our partnership with BharatPe is firm and good'

Rediff.com8 Feb 2022

'Banking is a business of trust.'

Ashneer Grover quits as BharatPe MD

Ashneer Grover quits as BharatPe MD

Rediff.com1 Mar 2022

The board meeting is scheduled to be held on Tuesday to discuss the PwC report findings on Grover's conduct. There have been allegations of financial irregularities against him. According to sources, Grover in his resignation letter said that he is being forced to bid adieu to a company of which he is a founder. Grover alleged in the letter that he and his family have been embroiled in baseless and targeted attacks by a few individuals, who are ready to not only harm his reputation, but also the reputation of the company. Queries sent to Grover did not elicit any immediate reply.

The ambitious plans of Flipkart-backed super.money

The ambitious plans of Flipkart-backed super.money

Rediff.com17 Dec 2024

Flipkart-backed super.money is on an expansion spree and plans to expand its range of offerings in credit and wealth management after launching its operations in July this year. The Bengaluru-based fintech company is on track to roll out credit products such as credit on Unified Payments Interface (UPI), unsecured credit cards, and personal loans within the first half of the next calendar year (2025).

'India ban' in Pakistan dressing room?

'India ban' in Pakistan dressing room?

Rediff.com17 Oct 2024

In a video that went viral on social media ahead of India's clash against Pakistan in the Emerging Teams Asia Cup, Haris revealed that talking about India is forbidden in the dressing room.

GST fraud probe into BharatPe finds deals with non-existent vendors

GST fraud probe into BharatPe finds deals with non-existent vendors

Rediff.com6 Mar 2022

An audit conducted by professional services firm Alvarez and Marsal confirms fintech firm's dealings with fake or non-existent vendors.

PE inflows into proptech firms rise to $741 mn in 2021

PE inflows into proptech firms rise to $741 mn in 2021

Rediff.com14 Jul 2022

Private equity investments in proptech firms rose 35 per cent to $741 million last year as investors sought to tap huge opportunities amid rising use of technology in the realty sector, Housing.com said. Proptech firms that are providing solution in sales and marketing, and construction management got 69 per cent of the total funds. Inflow of funds into proptech firms stood at $551 million in 2020. Between 2009 and 2021, the proptech players in India received a total of $3.2 billion Private Equity(PE) investments.

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rediff.com12 Jul 2024

Equity supply may hit Rs 6 trillion soon.

Promoters Sold Rs 87,000 Crore Of Shares

Promoters Sold Rs 87,000 Crore Of Shares

Rediff.com2 Jul 2024

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.

PE-VC investments Surge To Record $49 Billion

PE-VC investments Surge To Record $49 Billion

Rediff.com25 Oct 2021

IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.

BharatPe sacks employees, vendors; to claw back shares from Grover

BharatPe sacks employees, vendors; to claw back shares from Grover

Rediff.com10 May 2022

Payments startup BharatPe on Tuesday said it has terminated several employees and vendors as well as filed criminal cases against them for misconduct besides deciding to claw back former founder Ashneer Grover's restricted shares in the firm. The steps have been taken by the company's board following a detailed corporate governance review against the backdrop of alleged lapses and misdoings during the tenure of Grover as managing director. IPO-hopeful BharatPe, which allows shop owners to make digital payments through QR codes, has implemented a new code of conduct for senior management and employees and brought in a comprehensive vendor procurement policy to avoid a repeat of alleged lapses that happened when Grover was managing director.

PE/VC investments plummet by 69% in July to $3 bn

PE/VC investments plummet by 69% in July to $3 bn

Rediff.com10 Aug 2022

Investments by private equity and venture capital funds into Indian entities fell by 69 per cent to $3 billion during July, a report said on Wednesday. The investments in July are the lowest for any month in a year, and lower than the $4.9 billion recorded across 118 deals in the preceding month of June, the report by industry lobby IVCA and consultancy firm EY said. Going by the number of deals, July 2022 recorded 74 deals, as against 134 deals in the year-ago period, the report said.

Rift in MVA? Raut blames Cong for delay in seat talks

Rift in MVA? Raut blames Cong for delay in seat talks

Rediff.com18 Sep 2024

Shiv Sena-Uddhav Balasaheb Thackeray MP Sanjay Raut on Wednesday blamed Congress leaders in Maharashtra for the delay in Maha Vikas Aghadi's seat-sharing talks for the upcoming assembly elections.

BharatPe co-founder Nakrani lauds board action on unseating Grover

BharatPe co-founder Nakrani lauds board action on unseating Grover

Rediff.com7 Mar 2022

BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.

BharatPe sacks Ashneer Grover's wife Madhuri Jain, cancels ESOPs

BharatPe sacks Ashneer Grover's wife Madhuri Jain, cancels ESOPs

Rediff.com23 Feb 2022

BharatPe has sacked Madhuri Jain Grover, wife of the fintech firm's co-founder and managing director Ashneer Grover, over alleged financial irregularities and cancelled ESOPs vested with her. Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai, sources with direct knowledge of the matter said. Besides, she also allegedly paid her personal staff out of company accounts and produced fake invoices from known/friendly parties, they added.

'There's Very Little Comedy These Days'

'There's Very Little Comedy These Days'

Rediff.com4 Dec 2024

'Earlier, the comedy track used to run parallel to the main story with songs et al.' 'Nowadays, it's just once one scene here and there.'

India Inc to tap pvt credit for new projects: PwC

India Inc to tap pvt credit for new projects: PwC

Rediff.com25 Apr 2024

Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said. They said while new private equity (PE) investments during the past two years have declined, several public market exits by PEs were observed during that period. Several companies are likely to approach capital markets in the near future to provide liquidity to PE fund investors.

Saina Nehwal Hits Back At Trolls

Saina Nehwal Hits Back At Trolls

Rediff.com14 Aug 2024

'Ghar pe bait ke comment karna easy hai and sports khelna difficult.'

PE/VC investments decline 22% in March to $4.6 bn

PE/VC investments decline 22% in March to $4.6 bn

Rediff.com13 Apr 2022

Investments by private equity and venture capital funds (PE/VC) declined by 22 per cent in March to $4.6 billion spread across 107 deals, a report said on Wednesday. The deal activity showed an increase of 54 per cent by value at $15.5 billion across 360 deals, largely on the back of heightened activity in the startup space, the monthly report by IVCA and EY said. "While India's position as an attractive destination for PE/VC investments is expected to remain strong in 2022 given its high growth and macroeconomic and policy stability, the continuing geopolitical tensions, rising inflation, quantitative tightening by the US FED and inversion in the US yield curve are potential downside risks, making investors circumspect," Partner at EY Vivek Soni said.

PE inflows in realty sector dips 32% to $4.3 bn in FY22

PE inflows in realty sector dips 32% to $4.3 bn in FY22

Rediff.com13 Apr 2022

Private equity (PE) investments in real estate sector fell 32 per cent to $4.3 billion in the last fiscal year mainly due to the COVID-19 pandemic, according to property consultant Anarock. PE investments in real estate stood at $6.3 billion in the 2020-21 financial year. According to Anarock Capital's FY22 year-end edition of its FLUX report, PE inflows in real estate were $5.1 billion in FY'20, $5.6 billion in FY'19 and $5.4 billion in 2017-18 fiscal. The consultant attributed the fall in PE investments in real estate to the second wave of the COVID-19, leading to multiple lockdowns in various parts of the country.

NPCI nod to onboard users may help Paytm streamline UPI operations

NPCI nod to onboard users may help Paytm streamline UPI operations

Rediff.com3 Nov 2024

One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.

The 'Irreplaceable' Lady In Dev Anand's Life

The 'Irreplaceable' Lady In Dev Anand's Life

Rediff.com28 Sep 2024

'She is the gorgeous Lata, the love of my life.'

Penny Stocks That Could Have Made You A Millionaire

Penny Stocks That Could Have Made You A Millionaire

Rediff.com27 Aug 2024

Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.

BharatPe vs Kotak Bank: MD Ashneer Grover on voluntary leave

BharatPe vs Kotak Bank: MD Ashneer Grover on voluntary leave

Rediff.com19 Jan 2022

BharatPe co-founder and managing director Ashneer Grover, who was recently embroiled in a controversy over purportedly using abusive language against Kotak Mahindra Bank staff, has taken a voluntary leave till March-end. Grover informed the company's Board about his decision to proceed on leave earlier in the day, as per a statement issued by the fintech company on Wednesday. "For now, the Board has accepted Ashneer's decision which we agree is in the best interests of the company, our employees and investors, and the millions of merchants we support each day," it said. It added that the company will continue to be led by its CEO Suhail Sameer and its management team.

'Zakir Bhai Loved Cricket'

'Zakir Bhai Loved Cricket'

Rediff.com26 Dec 2024

'When there was a match, he would be up all night watching it on his laptop with Kishori Amonkarji singing on the side.'

PE/VC investments plunge 75% to just $3.3 bn in Oct

PE/VC investments plunge 75% to just $3.3 bn in Oct

Rediff.com17 Nov 2022

Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to an industry report. Exits touched half of the inflows at $1.6 billion across 15 deals in the reporting months, a significant improvement over the previous month which saw just $653 million worth of exits across 24 deals, but 69 per cent lower on-year basis, according to the numbers collated by EY for the Indian Private Equity & Venture Capital Association, the umbrella body the PEs and VCs. However, the report said, on a month-on-month basis, the inflows continued to grow, clipping at 60 per cent over the September numbers.

Janhvi, Girl In A Pearl Sari

Janhvi, Girl In A Pearl Sari

Rediff.com19 Sep 2024

Pooja prances in Dubai... Aahana's advice...Neha and Aisha in Thailand...