India is fast re-emerging as a good business destination among foreign investors.
'There is not any negative connotation associated with it.'
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.
Glimpses of anti-Russia protests in different parts of the world.
'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'
Musk blasted the "current lords and peasants system for who has or doesn't have a blue checkmark", using an expletive.
Richard Heald, Vice-Chairman and Amitabh Malhotra, Director of Rothschild spoke about the volatile market, its implications and how this is an opportunity for Rothschild in India. Heald said that rising commodity prices are worrisome. The inflationary pressures are a concern. He advised that corporates should be open to all financing options. Investors in general want to invest in cash generating assets and commodities. With no decoupling other markets will impact India too.
Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club.
All the top telecom firms, including Airtel, Vodafone, Idea, Aircel, RCom and Tatas would be participating in the e-auction process, the first of its kind in the world, to acquire 3G spectrum for which the auction begins on April 9.
The telecom department has sent a letter of intent to NM Rothschild.
Among the top realty fund managers in India; has also ventured into retail, credit among various other sectors and is investing in dozens of firms
The world's largest mobile operator by revenue has begun the year on a bold note, backing the initial public offer plans of its Indian unit and sources say the ball has already been set rolling.
A photo symbolising "love and compassion" of an 85-year-old Brazilian woman getting her first embrace in five months from a nurse through a transparent "hug curtain" has been named the World Press Photo of the Year. This year, according to organisers, 74,470 images were submitted for judging, made by 4,315 photographers from 130 different countries. World Press Photo has been kind enough to allow to share some of this year's winning photos here with you.
'Today, as a film personality, he is bigger than Dharma Productions.' 'But he is still warm and loyal to his friends from school, college and work.'
UK-based investment bank Rothschild is advising Tata Global Beverages.
Formula plans can unlock the door to stock market riches -- by helping you, automatically, buying low and selling high. Check out how.
During the visit organised by the UK India Business Council and UK Trade and Investment, 129 delegates, including business leaders Vittorio Colao, CEO, Vodafone; Lord Meghnad Desai, noted NRI economist; Terry Hill, chairman, Arup; Evelyn de Rothschild and Gerry Grimstone of Standard Life will visit New Delhi, Pune and Mumbai.
The Manmohan Singh Undergraduate Scholarship programme will provide full funding, covering fees and means-tested maintenance, for undergraduate study in any subject at any of the colleges that are part of the University of Cambridge.
According to sources, various players specialising in e-auction like Deloitte, Metal Junction (it specialises in e-auctions for steel manufacturers and allied industries), Spiderboon Internet Service Pvt Ltd (an e-auction and e-tender service provider), N M Rothschild and Sons (investment banking and advisory firm) were represented.
Sanjay Bhandarkar, managing director, N M Rothschild & Sons (India), believes India may see an increasing number of non-friendly deals as the markets correct themselves and valuations become more attractive.
"Buy when there is blood on the street," advised the legendary investor, Baron Rothschild. But it takes enormous courage to buy when there is widespread gloom and panic around. However, once you decide your right investment mix between wealth-growing but volatile investment avenues, such as shares, and wealth-protecting ones such as bonds or bank deposits, formula plans can help you automatically achieve the golden key to stock market riches--buy low and sell high.
Dispelling rumours about reduced hiring due to the sub-prime crisis, investment banks were once again the most preferred recruiters at the Indian Institutes of Management. At IIM Ahmedabad, 35.9 per cent of the students opted to take up their two-month internships with I-Banks, whereas 19 per cent of students took up the same at IIM Bangalore.
Murthy's induction took place after the board hosted a reception to welcome Narayana Murthy chief mentor of Infosys to the board in his home country.
Prakash Bhandari salutes the spirit of Abebe Bikila who twice won the Olympic Marathon in record times.
Prospective suitors for the 67 per cent Hutchison stake in its Indian operations are likely to submit their bids by mid-night in Hong Kong, which could include a fifth player - Altimo of Russia - in the fray.
The Patak's Indian food empire has been put up for sale with a price tag of 200 million pounds, just months after a bitter family feud over ownership of the company was settled.
Services and manufacturing conglomerate Bharti Enterprises on Thursday announced its foray into agri-business in partnership with Rothschilds with an initial investment of Rs 250 crore (Rs 2.5 billion).
The company has a production facility in Sri City in Andhra Pradesh.
India would need an investment of about $300 billion in the next 15 years to meet the growing demand in the energy sector and the private sector would have a crucial role to play, an energy expert said on Monday.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.