stock, markets, stocks, equity, shares, bse, fund, mutual fund stock picks

CVC only began raising its ninth buyout fund in January and initially targeted €25 bn

mergers, firms, deal, companies, pact, agreement

Trillium, which holds over 500,000 shares of Getty Images, offered to buy the rest at $10 apiece, representing a premium of nearly 98% to the stock's last close

Deals, Buyouts, exits

The fund would focus on investments in Western European developed economies, the company said

General Motors

GM will take a $1 billion charge in the first quarter, he said. The company had previously projected $1.5 billion in charges related to staff reductions

Signature Bank, Signature

New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank's subsidiaries. The deal will include the purchase of $38.4 billion in Signature Bank's assets, a little more than a third of Signature's total when the bank failed a week ago.
The FDIC said $60 billion in Signature Bank's loans will remain in receivership and are expected to be sold off in time.
Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank. Signature, based in New York, was a large commercial lender in the tristate area, but had in recent years gotten into cryptocurrencies as a potential growth business.
After Silicon Valley Bank failed, depositors became nervous about Signature Bank's health due to its high amount o

Toshiba

The Japanese bidding consortium also wants to avoid triggering Chinese antitrust scrutiny by bringing in foreign investors

Som Krishna & Rajat Sood, managing directors, Goldman Sachs Asset Management

In a Q&A, Rajat Sood and Som Krishna say their company isn't absolutely return-focused, but is a relative value investor that is looking out for bogh buyouts and minority stakes

Media

Shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08. On the upside, the stock can surge to Rs 450.

Elon Musk

Twitter's lawsuit against Elon Musk over a canceled $44 billion buyout of the social-media platform is set for a 5-day trial starting Oct 17 in Delaware

Zilingo

The move comes as Zilingo's board is scheduled to meet on Monday to discuss the future of the company, according to people with knowledge of the matter

toshiba

The fund voted against the Japanese industrial conglomerate's plan to break itself up by spinning off its devices business, a voting record showed

Office spaces

Company founded in India in 2001; now among its top 3 markets

investment, investors, savings, mf, funding, tech, economy, gdp, aif, alternative investment fund, capital, startups, tech, savings, money, cash, shares, funds, equity

Deals have been coming in at the rate of one every three days

dunkin

The deal is one of the largest transactions ever in a restaurant industry that's being upended by the pandemic.

dollar, investment, global leaders

The deal would create "a company built around four of the world's largest profit pools in food delivery: the U.S., the UK, the Netherlands and Germany"

chart

Buyouts recorded the largest increase of 56 per cent in terms of value ($16.2 billion in 2019 against $10.4 billion in 2018)

Data

These are insights from a recent report by data firm Preqin on alternative assets in India

RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

The scheme will offer an annual interest subsidy of between 3-6.5% on up to 0.9 million rupees of the loan amount

home loan, loan interest

Das asserted that directors in UCBs, who are elected to their positions, must possess expertise in diverse banking functions, including risk management and information technology

Shaktikanta Das

In Feb 2018, the MoD established two defence industrial corridors to serve as engines of economic development and growth of defence industrial base in the country

An exhibit of Su 30 MK-I fighter aircraft at the Bharat Dynamics Limited (BDL) pavillion during the 12th edition of DefExpo, in Gandhinagar on Tuesday

Defence Expo 2022

Weak demand, global slowdown add to their woes

Crude oil

Sule pointed out that Bidhuri had displayed inappropriate Parliamentary conduct when he heckled Kanimozhi Karunanidhi ahead of her speech in Lok Sabha

Nationalist Congress Party MP Supriya Sule

Former Indian batter Gautam Gambhir believes that to win the cricket World Cup, you need to defeat Australia as they have remarkable performance history in ICC events

Gautam Gambhir

Manchester United head coach Erik Ten Hag has asserted that Jadon Sancho's future at the club "depends on him"ahead of their Sunday clash against Burnley. Sancho has been an outcast for the past two weeks following his fallout with Ten Hag. Sancho was left out of Manchester United's squad against Arsenal on September 3.After their 3-1 loss against the Gunners, Ten Hag was quizzed about the absence of Sancho to which he replied, "Jadon, on his performances in training we did not select him. You have to reach a level every day at Manchester United and we can make choices in the front line. So for this game, he was not selected."Sancho took out his frustrations with a post on X (formerly Twitter), where he claimed that he was training well and that he has "been a scapegoat for a long time which isn't fair."Ahead of their match against Burnley on Sunday, Ten Hag was quizzed about Sancho's situation to which he replied as quoted from Sky Sports, "It depends on him. For the rest, we are ...

Jadon Sancho of Manchester United. Photo: X

Jadon Sancho

In an effort to eliminate the possibility of franchise teams acquiring England's top cricketers, the England Cricket Board (ECB) has proposed special three-year contracts, as reported by ESPNcricinfo

England cricket team

A prominent Uyghur scholar specialising in the study of her people's folklore and traditions has been sentenced to life in prison, according to a US-based foundation that works on human rights cases in China.
Rahile Dawut was convicted on charges of endangering state security in December 2018 in a secret trial, the San Francisco-based Dui Hua Foundation said in a statement Thursday. Dawut appealed but her conviction was upheld, the foundation said.
The sentencing of Professor Rahile Dawut to life in prison is a cruel tragedy, a great loss for the Uyghur people, and for all who treasure academic freedom, John Kamm, executive director of the Dui Hua Foundation, said in a statement.
Dawut was a professor at Xinjiang University and founder of the school's Ethnic Minorities Folklore Research Centre.
She disappeared in late 2017 amid a brutal government crackdown aimed at the Uyghurs, a Turkic, predominately Muslim ethnicity native to China's northwest Xinjiang region.
For years, her ex

Rahile Dawut

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

Tesla shared a video of its Optimus humanoid robot, which can do a variety of tasks, including Yoga, sorting blocks, etc. Check the video below

Tesla shared a video of its Optimus humanoid robot

India's Pranati Nayak on Monday qualified for the finals of the vault and all-round competitions in gymnastics at the Asian Games here.
Nayak took the sixth position among top eight qualifiers in the women's vault event earning a total of 12.716 points.
The Indian gymnast also secured a position in 18 competitors selected to compete in the women's all-round final which will take place on Wednesday, September 27.
She was placed 23rd overall in the all-round competition but qualified due to the fact that a country can have only a maximum of two gymnasts in the final. Among the countries that had three gymnasts each were China, Japan, Chinese Taipei, North Korea and Republic of Korea.

Gymnast Pranati Nayak

Get ready for a paradigm shift as WattPower opens the doors to a new era of accessible Smart PV solutions with the launch of its state-of-the-art factory in Chennai, India

Advanced Solar PV Factory

The Indian squash contingent began its Asian Games campaign with comfortable victories over Singapore and Pakistan, respectively, in the men's and women's team competitions here on Tuesday.
The women's team comprising 15-year-old Anahat Singh, veteran Joshna Chinappa and Tanvi Khanna blanked Pakistan 3-0 in its opening Pool B match.
The first singles saw Asian Games debutant Anahat getting past Sadia Gul 11-6, 11-6, 11-3 in 16 minutes.
Joshna, playing the first match of her sixth Asian Games, took 13 minutes to beat Noor Ul Huda Sadiq 11-2, 11-5, 11-7.
India, silver medallists in the previous edition, completed their dominance when Tanvi thrashed Noor Ul Ain Ijaz 11-3, 11-6, 11-2.
Top two teams in Pool A and Pool B progress to the semifinals.
Third seeds India are paired in Pool B alongside Malaysia, Macau, China, Pakistan and Nepal.
In the men's event, top seeds India outplayed Singapore 3-0.
Harinder Pal Sandhu, back to playing singles after a long injury lay-off, had to figh

Jakarta: India's Joshna Chinappa (L) during the women's squash semifinal match against Malaysia's Nicol David at the 18th Asian Games 2018 in Jakarata on Friday, Aug 31, 2018. Photo: PTI

Joshna Chinappa, asian games, squash

Star Indian fencer Bhavani Devi's impressive run at the Asian Games came to an end in the quarterfinals, suffering a 7-15 loss to local favourite Yaqi Shao in the women's sabre individual category here on Tuesday.
One win shy from a maiden Asian Games medal, Bhavani Devi managed three touches in the first period of the quarterfinals.
But her Chinese opponent was superior as she took an 8-3 lead and needed just seven more touches to qualify for her successive semi-final at the continental showpiece. Bhavani managed four more touches in the second period but that proved to be insufficient.
The fencer, who makes 15 touches first in a knock-out round, is adjudged winner and Shao sealed the issue in the second period without breaking a sweat.
Semifinalists are assured of at least a bronze medal in fencing, and the Tokyo Olympian would consider herself 'unlucky' pitted against the 2018 Asian Games silver medallist in the last-eight.
In pursuit of a maiden Asian Games medal in fencing, t

Buyout deals

CVC Capital raises $29 billion for world's biggest-ever buyout fund

Trillium Capital values Getty Images at $3.95 bn in all-cash buyout bid

KKR & Co Inc closes its largest ever European buyout fund at $8 billion

General Motors' 5,000 salaried workers take buyouts to leave company

New York Community Bank to buy failed Signature Bank in a $2.7 bn deal

$15 bn buyout of Toshiba Corp leaves global companies on sidelines

Deal activity has spiked in India despite global issues: Goldman Sachs MDs

NDTV, Sun TV, TV Today: Media-related stocks to see more upside going ahead

Elon Musk files defence under seal as Twitter trial is set for Oct 17

Zilingo's co-founders make surprise buyout offer for startup: Report

Toshiba: Norway sovereign wealth fund backs call to solicit buyout offers

A billion-dollar deal seals Blackstone buyout of visa outsourcing firm VFS

Size of average buyout deals grows smaller in 2021: Refinitiv data

Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal

Europe's Just Eat Takeaway to buy Grubhub for $7.3 bn in all-stock deal

PE, VC investments in India grew 28% to $48 billion in 2019, says EY data

Buyouts and exits: India saw 1,068 buyout deals worth $41 bn since 2008