Blackstone's Mphasis deal rescues PE firms
Financial Express Mumbai|December 18, 2024
Venture capitalists double earnings to $4.06 billion
AYANTI BERA

PRIVATE EQUITY FIRMS were not as lucky as venture capital firms in terms of reaping gains through public market exits during the current calendar year. Unlike the VC firms, which netted $4.06 billion till November—double their last year's earnings—the gains for PE firms were flat at $13.3 billion, showed data shared by Venture Intelligence. This was also thanks to Blackstone's $808-million exit from Mphasis, without which their earnings would have been lower compared to the same period last year.

However, over the last five years, the number of exit deals by PEs in the public markets has risen consistently, encouraged by a robust appetite among public market investors.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS MUMBAI مشاهدة الكل
Financial Express Mumbai

Free healthcare for senior citizens: Kejriwal

AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.

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1 min  |
December 19, 2024
Financial Express Mumbai

US announces H-1B visa overhaul, Indian techies to benefit

THE US GOVERNMENT on Wednesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.

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2 mins  |
December 19, 2024
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
Financial Express Mumbai

'Had fun but it's time': Ashwin bows out of internationals with shock retirement call

RASHWIN STOOD IN the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".

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3 mins  |
December 19, 2024
Navy boat hits ferry off Mumbai coast, 13 dead
Financial Express Mumbai

Navy boat hits ferry off Mumbai coast, 13 dead

A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.

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1 min  |
December 19, 2024
Financial Express Mumbai

Sebi tightens SME IPO rules

Sebi also cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE) by increasing the threshold for identification of HVDLE from ₹500 cr to ₹1,000 cr, aligning it with that of large corporates, and introduced a sunset clause governing corporate governance of debt-listed securities.

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1 min  |
December 19, 2024
Opposition seeks Shah's resignation
Financial Express Mumbai

Opposition seeks Shah's resignation

PM defends HM; slams Cong & its 'rotten ecosystem'

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2 mins  |
December 19, 2024
Financial Express Mumbai

Enhancing customer journey in the cloud

ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools.

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2 mins  |
December 19, 2024
US announces H-1B visa overhaul, Indian techies to benefit
Financial Express Mumbai

US announces H-1B visa overhaul, Indian techies to benefit

TO TAKE EFFECT IN MID-JANUARY

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2 mins  |
December 19, 2024
Moving beyond conventional tech
Financial Express Mumbai

Moving beyond conventional tech

AI offers a wide range of benefits for SMEs

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2 mins  |
December 19, 2024
Financial Express Mumbai

Drones deliver new hope to farmers

Aerial tech enhances farming efficiency, can tackle workforce woes

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2 mins  |
December 19, 2024