business and finance

When to send an investing model into retirement

For a model to retain currency it must include new, emerging risk factors




business and finance

Development as a measure of governance

While the best and worst performing states have remained the same a decade apart, sharp changes appear when rankings are adjusted to account for the impact of development




business and finance

Memories of Saumitra

Saumitra Chaudhuri's passing away evoked many memories of a long association




business and finance

A chequered year, a test of mettle ahead

Business Standard takes a look at, who went up and who came down politics




business and finance

Covid Chronicles | Part 3 – Women & Work: When the Invisible becomes Visible!

The dilemmas of women who pull in double shifts at home and work are being seen and felt at scale by male colleagues




business and finance

With 72 deals worth $3.7 bn, PE investments register growth in Oct: Report

Private equity investments witnessed a robust yearly growth in October with 72 PE deals garnering around USD 3.7 billion, even as merger and acquisition activity saw a downtrend, a report said on Thursday. According to Grant Thornton's monthly PE Dealtracker, private equity/venture capital transactions reported 22 per cent and 25 per cent increase in deal volumes and values, respectively as compared to October 2018. The rise in PE deal values was largely driven by the corporate tax rate cut, which has improved both investor sentiment and confidence. Last month, the average deal size stood at USD 52 million, up from USD 28 million recorded in September 2019. "There were 72 deals aggregating to USD 3.7 billion reported in October 2019. Upbeat PE/VC activity during the month offsets the shortfall in merger and acquisition (M&A) activity," Pankaj Chopda, Director, Grant Thornton India LLP said. "The key investments were primarily to pare debt, expand markets and capitalise on ...




business and finance

PE/VC deals up by 34% to $2.5 bn in Jan on increased credit investments

After a record-setting 2019, PE/VC investments in 2020 are off to a good start, said Vivek Soni




business and finance

PE/VC investments hit 24-month low of $1.7 bn, value falls by 39%

Uncertainty over the impact of Covid-19 is expected to act as a significant headwind to Indian PE/VC investments




business and finance

PE-VC companies invest $5.9 billion across 164 deals in the Q4FY20

The latest quarter witnessed 14 PE-VC investments worth $100 million or more, down from the 20 such transactions in the same period last year




business and finance

Coronavirus impact: Early funding of start-ups may hit a stumbling block

This comes as seed investments in India during the January-March quarter, which was hit by the lowest level in five quarters




business and finance

PE and VC investments at $5.1 billion in 1Q2020; a 12-quarter low: IVCA-EY

At $2.2 billion, large deals declined by over 70 per cent on a year-on-year basis in the same period




business and finance

Medical inbound tourism poised to get a push: FAITH chairman Nakul Anand

Medical inbound tourism, already on the rise, will get a boost with addition of Tier-II and -III hospitals




business and finance

Long-term growth narrative has been set by Sitharaman: BofA's Kaku Nakhate

The government's decision of upholding power purchase agreements as well as the opening up of railways, city gas distribution, and electricity supply to the private sector, are welcome steps




business and finance

Budget 2020: NRI tax to only impact India earnings, govt clarifies

The Union Budget had proposed on Saturday that NRIs have to pay up taxes on global earnings, if they're not paying in any other jurisdiction or country, generating much debate




business and finance

From Nilesh Shah to Jyotivardhan Jaipuria, here're experts' views on Budget

'The disappointment is on the lack of bold, out of the box measures to tackle the current economic slowdown'




business and finance

Decoding Budget 2020: Nirmala Sitharaman's fiscal maths gone awry

Slowdown in economic growth has taken a clear toll on revenue growth




business and finance

Govt has put out a progressive Budget aimed at boosting infra: Sujeet Kumar

It has restored confidence of businesses as well as provided on-ground support that MSMEs need and farmers deserve, Co-founder of Udaan said




business and finance

A big positive in this Budget is tax exemptions: PGIM India Mutual Fund CEO

Abolishing DDT will attract investments, said Ajit Menon, CEO of PGIM India Mutual Fund




business and finance

FM Nirmala Sitharaman's Budget goal: Lower rates, simple structure

The FM disagreed with experts who termed the new tax regime complex and unavailing saying it would benefit some taxpayers, if not all




business and finance

LIC listing may take about a year, says Finance Secretary Rajiv Kumar

Kumar said the idea behind the listing of LIC was to "bring in more transparency and allow the company to share gains with its stakeholders"




business and finance

Budget 2020: Selling pressure on stock market may continue, say experts

On Saturday, the benchmark indices closed near their day's lows, indicating further selling pressure on the following trading day




business and finance

Nirmala Sitharaman's Budget proposals to stimulate economic growth

The tax proposals are aimed at stimulating growth, simplifying tax structure, bringing ease of compliance and reducing litigation




business and finance

Budget stimulus unlikely to revive India's growth from slowdown: Experts

Economists and industry leaders said the budget proposals would provide some support to growth over the longer term but were insufficient to give it an immediate boost




business and finance

Not all NRIs need to pay tax, here's what FM clarified post budget speech

Finance minister clarified that only Indian income of NRIs is proposed to be taxed under the new provision




business and finance

Budget: No tax relief for home buyers stuck in stalled projects, says FPCE

Real estate developers' apex bodies CREDAI and Naredco have also expressed disappointment over the Budget as their demand of one-time restructuring of builders' loan was not met




business and finance

Podcast: T N Ninan and A K Bhattacharya dissect Budget 2020

Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss




business and finance

New tax structure will leave more cash in the hands of people: Revenue Secy

He said the Budget gives an option to individuals to migrate to a new regime by foregoing their existing exemptions and deductions for a lower tax rate




business and finance

It's a pragmatic Budget, will put India on right track: Amitabh Kant

He further said if the government will be able to achieve disinvestment target of 2020-21 then the Budget will be very successful




business and finance

Govt very transparent in setting new fiscal deficit target: FM Sitharaman

She further said that many people have been speculating that the fiscal deficit would cross 4%




business and finance

Budget's much-needed leg-up for small units: CRISIL SME Tracker

An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt




business and finance

Power industry hails proposal for smart prepaid metering across the country

Power ministry has been planning it for two years, but with limited success




business and finance

Govt not included AGR dues payment in Budget 2020-21: DEA Secretary

15 entities owe the government about Rs 1.47 trillion in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges




business and finance

Budget 2020 has not accounted for telcos' AGR dues: DEA secretary

But receipts from firms stand at a whopping Rs 1.33 trillion for FY21




business and finance

RBI MPC starts meeting to decide new rates amid slowdown, rising inflation

The retail inflation that for several months remained in the comfort zone of the central bank has started inching up and crossed the 7 per cent mark during December 2019




business and finance

Budget 2020: Rs 2,500 cr not enough for tourism promotion, says industry

Tourism bodies say Indians spending Rs 9,000 cr abroad abroad due to poor domestic infra, which cannot be improved with this allocation




business and finance

LIC disinvestment: 100,000 employees stage walk-out across country

There are 13 unions in LIC, and employees and officers affiliated to 11 unions were on protest




business and finance

Wanted to keep Budget Speech shorter but ended up breaking own record: FM

In July presenting her maiden Budget, Sitharaman had spoken for 2 hours 17 minutes




business and finance

Budget proposes to shut thermal power plants of 166,000 mw, says group

National powermen body to stage protests against 'anti-people' proposals




business and finance

Economy fundamentals strong; markets show faith in Budget 2020: Sitharaman

FM says country's macroeconomic parameters are sound




business and finance

ITC is first to hike cigarette prices post budget; makes them 10-20% dearer

Price increase brought on by spike in National Calamity Contingency Duty announced in Budget




business and finance

Yogi govt to table Budget 2020-21 on February 18; session starts Thursday

The size of the UP Annual Budget 2020-21 is expected to breach the historic mark of Rs 5 trillion




business and finance

Open to tweaking Budget to address concerns of the industry, says FM

Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days




business and finance

Objective of kick-starting growth not addressed effectively in Budget: Garg

"All these expenditures are unlikely to be imparting any fresh growth stimulus to the Indian economy," he argued




business and finance

Budget disappointing; but fiscal, taxation measures welcome: EAC member

India's GDP growth is expected to slip to a decadal low of 5 per cent this fiscal, pressured by domestic factors like drop in consumption, as well as global issues




business and finance

No timeline to remove income tax exemptions, says Nirmala Sitharaman

"We have not made up our minds as yet (on the removal of all exemptions)... We are trying step by step, move forward and no particular timeline given," she said




business and finance

Odisha tables revenue surplus budget with total outgo pegged at Rs 1.5 trn

Budget estimates fiscal deficit to be at 3.4%, within permissible limit of FRBM target




business and finance

Bureau of Outreach & Communication awaits Rs 350 crore to clear media dues

Industry estimates peg advertising dues owed by BOC to the media industry at ₹1,800 crore. According to the sources cited above, the ministries and departments owe ₹350-450 crore to BOC. Sources say the health and family welfare ministry owes over ₹60 crore to BOC, the finance ministry hasn’t paid over ₹35 crore and the rural development ministry still has to clear advertising bills of over ₹25 crore.




business and finance

ET Edit: Pay for content, Google & Facebook

While media organisations invest money, time and effort to create content, the digital platforms display the content without paying for it. Digital cos and their advocates argue that the inclusion of the content on their site or engine has directed traffic to news cos. But this traffic comes stripped of revenue, which is collected by Google and Facebook.




business and finance

Opinion: News producers can’t keep incurring the costs while digital platforms drain away profits

Facebook and Google cornered nearly 70 per cent (Rs 11,500 crore) of online ad revenues from India in 2018-19, a market pegged at Rs 28,000 crore by 2022. The Government of India must resist a digital colonisation, where the sweat and toil of Indians is drained out of the country while local communities and businesses are destroyed.




business and finance

India Lockdown: Mythology shows on TV pay off

While ‘Ramayan’ has clocked highest viewership for any show on a Hindi GEC in recent times, due to ‘Mahabharat’ DD Bharati entered in the top five channels’ list for the first time ever.