Over time, buyout funds with multiple, scaled-up businesses in diverse sectors under their control, will begin to look similar to diversified conglomerates.

The post Buyout funds will become the new conglomerates: EY’s Soni appeared first on DealStreetAsia.

Agarwal described the global restructuring process as "95% complete."

The post This restructuring is a one-time project, says Oyo founder Ritesh Agarwal appeared first on DealStreetAsia.

Fave, formerly Kfit, is understood to be looking at a corpus of $50 million in its Series C round.

The post Fave seeks funding to expand ops into more Southeast Asian countries appeared first on DealStreetAsia.

Grab Ventures chief Chris Yeo said the venture unit continues to see opportunities to partner with startups in SEA.

The post Grab Ventures bets on Vietnam with launch of accelerator appeared first on DealStreetAsia.

With the close of the latest fund, Quona Capital’s AUM currently stands at $363 million.

The post Quona Capital closes second fund at $203m to invest in fintech firms appeared first on DealStreetAsia.

SNOWPLUS, which recently raised $125 million, is seeking to grow in SE Asia, Europe and the US.

The post Vaping startup SNOWPLUS says unfazed by COVID-19, Beijing crackdown appeared first on DealStreetAsia.

Carsome is entering the slowdown with cash in hand, after raising $50 million in December.

The post Used car platform Carsome sees opportunities amid COVID-19 outbreak appeared first on DealStreetAsia.

The firm is also looking at multiple strategies to deepen its activity in Southeast Asia.

The post China’s Cathay Capital eyes opportunities in digitalisation, life sciences appeared first on DealStreetAsia.

In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou.

The post JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market appeared first on DealStreetAsia.

Moonfare platform allows family offices, bankers and HNIs to access a curated range of private equity funds.

The post Investor interest in PE funds to heighten in post-virus world: Moonfare APAC head appeared first on DealStreetAsia.

Startups will be judged by what they are doing rather than what they might accomplish in a starry future.

The post How unicorns can no longer expand in perpetuity with others’ money appeared first on DealStreetAsia.

Fundraising conversations will increasingly be centred around business models and sustainability.

The post Indonesia 2020: Tougher funding environment to trigger consolidation appeared first on DealStreetAsia.

At 24 per cent of Indonesia’s GDP, the country’s logistics costs are among the highest in Southeast Asia.

The post Current challenges in Indonesian logistics sector throw up opportunities appeared first on DealStreetAsia.

Vision Fund head Rajeev Misra is reportedly looking to raise a multi-billion dollar fund to buy listed stocks.

The post SoftBank’s latest fund wheeze sets off new alarms appeared first on DealStreetAsia.

"Covid-19 is redefining what uncertainty means," said Sequoia Capital India in its newsletter.

The post Founders grappling to make startups recession-proof: Sequoia Capital appeared first on DealStreetAsia.

What we need is actually abundant exit opportunities for startups, not unicorns, writes Beacon VC investment manager Nat Wittayatanaseth.

The post Guest post: We don’t need a unicorn in Thailand. We need a medium-sized IPO. appeared first on DealStreetAsia.

Rippledot Capital is said to be the sell-side advisor for the proposed transaction.

The post Danish facility management firm ISS Group to sell Thai unit for up to $150m appeared first on DealStreetAsia.

At least six countries have launched money laundering, financial mismanagement and criminal probes into 1MDB dealings.

The post Banned Thai opposition party says junta helped Malaysia’s 1MDB cover-up appeared first on DealStreetAsia.

BDMS already owns a 25% stake in Bumrungrad Hospital.

The post Thai hospital operator BDMS makes $3b buyout offer for Bumrungrad appeared first on DealStreetAsia.

If TCC Group wins the bid and the loan is drawn, it would be among the largest corporate financings on record for Thailand.

The post TCC Group said to fund bid for Tesco’s Asian assets with $10b loan appeared first on DealStreetAsia.

A consortium that includes SMBC and Kasikornbank is providing debt funding for the project.

The post Nexif Energy secures funding for 92MW co-generation power project in Thailand appeared first on DealStreetAsia.

The Bangkok-listed company had planned to launch an IPO of the subsidiary in the first half of 2020.

The post SCG packaging unit’s $1b Thai IPO put on hold amid coronavirus outbreak appeared first on DealStreetAsia.

RISE said it will use the funds to expand beyond Thailand to Singapore, Indonesia and Malaysia.

The post SEA Digest: Thailand’s RISE, Indonesia’s Webtrace raise seed funding appeared first on DealStreetAsia.

Thai SCB is looking to issue loans up to $214 million over the next five years in Myanmar.

The post Thailand’s Siam Commercial Bank secures nod to set up unit in Myanmar appeared first on DealStreetAsia.

• Dresden players sent home after two test positive
• ‘We are not changing our plans,’ says Christian Seifert

The Bundesliga is keen to press ahead with plans to restart the season for the top two tiers next weekend, despite Dynamo Dresden’s squad being quarantined for two weeks.

Dresden’s players were sent home after two tested positive for coronavirus. This means the second tier club cannot play their first two games of the restart – against Hannover on 17 May and against Fürth the following weekend.

Like man buns on scooters and ukulele busking, Covid-19 has now spread to the north from London – inspiring a coronavirus soapcom from our self-isolating comedy-writer

Up here in the north-west, we’re used to living in the slipstream of London’s sleek urban shenanigans. Whatever the cultural breakthrough – man buns on scooters, cashless ukulele busking, emotional support bees – it takes a while to reach the Lancaster and Morecambe Non-Metropolitan Area. If it ever does.

A Street Stranger Watch leads to a death and the appearance at midnight of the street’s original Victorian inhabitants

Catch up on our discussion looking at whether Labour can win under Jeremy Corbyn’s leadership

2.05pm BST

We’re going to close comments shortly - thanks for taking part in the debate today. We’ll have another one next Thursday lunchtime.

1.57pm BST

The Labour Party will not win the next general election, but that isn’t the right way of looking at the problem. Labour is in the midst of the same crisis as its sister social-democratic parties across Europe, with one twist: as evidenced by all those new members, it is also home to the kind of new, insurgent politics we’ve seen with Podemos in Spain, Syriza in Greece, the Bernie Sanders campaign in the US etc. Time spent this week at Momentum’s A World Transformed event in Liverpool reminded me that a great deal of Labour and the left’s future lies with some of the people involved (I’ve written a column about this, out later today), but a watershed moment is probably going to be a long time coming.

As things stand, most of what we know takes the form of negatives: that the politics of New Labour are dead, that Labour is dangerously estranged from its old working class base, that the party is pretty much finished in Scotland. What happens next is unclear: my own belief is that it will have involve Labour embracing changing the voting system, creating a politics beyond work and the worker, and understanding that amassing a critical mass of support will involve other forces and parties. All this will take time.

1.57pm BST

Can Labour win without electoral reform? Certain prominent Labour MPs have been convinced of the merits of proportional representation, and Chris, a reader from Exeter, thinks Labour needs to be thinking in terms of a progressive alliance.

The future of British politics is coalitions and he can lead a combination of Labour / Lib Dem and Greens with support from SNP. He can reach out to those who are outside the current voting patterns and disenfranchised - which is a far greater number is the vote for 16 year olds can be passed.

What really needs to change is our voting system so it takes account of proportional representation. A system where a government is formed out of 40% choice is not representative and also unfair to smaller parties

1.52pm BST

Thanks everyone, we now have 10 minutes left to discuss. Please get any final points in while you can.

1.41pm BST

Looking at the Labour party in its current state – confused, conflict-ridden and in desperate need of coherent strategy – it would be easy to assume that electoral success is off the cards for the foreseeable future. Certainly, current polling suggests the party is on track to lose dozens of seats unless something changes.

It’s fairly widely accepted that Labour is in need of some new ideas for the 21st century. Encouragingly, these issues do seem to be being discussed. The Momentum conference fringe event was buzzing with energy and many speakers were tackling difficult topics such as automation and the possibility of a citizens income. Many politicians are also keen to explore similar themes, Jonathan Reynolds MP immediately springs to mind.

1.40pm BST

How will the triggering of article 50 affect Labour’s chances? If Labour are to benefit from Conservative turmoil over Europe, what line should the party take on negotiations? Jamie, 37, from Sheffield, sees opportunities:

Corbyn undoubtedly needs to reach out to the political centre. But we should not underestimate the trouble brewing for the Tories. This is Theresa May’s honeymoon period but already the cracks are beginning to show. Brexit, specifically the failure to trigger article 50, is a time bomb waiting to go off for the Conservative party. With a slim majority, a Eurosceptic rebellion could see off this government at any moment.

A Labour majority is difficult to imagine. But a coalition with Labour as the largest party? Entirely achievable.

1.31pm BST

A more optimistic view from a commenter, who believes the terms of the debate - particularly on austerity - have shifted to the extent that Labour’s only viable future is one where it tacks to the left.

Before Corbyn, Labour is going the way of PASOK in Greece - a pro-austerity embarrassment of a Party surviving on the remembered fumes of the Trade Union movement. Since Corbyn became Labour the membership has doubled and the Party has shifted the debate inexorably to the Left. Austerity, as a proclaimed intent, is finished. Not even the Tories can promote themselves as the Party of inequality and free enterprise. Of course, it'll take time for the ideas which have reclaimed the Labour Party to percolate outwards, and it won't be a smooth transition as the Right doing everything in their power to stop Labour, but it's a start of something better.

1.20pm BST

Readers responding to our form have been making the point that until Labour moves public opinion on key narratives, it’s going to be very difficult for them to make electoral headway. How can the party develop a reputation for economic competence when many voters still blame them for the 2008 economic crash?

Here’s the view of Martin, a registered Labour supporter in Sheffield:

The SNP have shown that the country is ready to elect an anti-austerity government. A government that actually provides excellent public services will find a public willing to bear the cost up to point.

There is a lot that needs to go their way - but I still feel that the main challenge is to change the narrative on the economy. Until we can change the narrative that investment can be positive for the economy, or that cuts aren’t effective in dealing with debt it will be difficult to get anywhere with undecided voters.

1.04pm BST

This is an interesting comment – making points about the fact that Jeremy Corbyn spent his career on backbenches. What do you think? Is he not very good at preaching to the non-converted? Or is he a man of the people?

No one would think of appointing a CEO of a major company who had no experience at a relatively senior management level, yet this is what the Labour Party has done with Jeremy Corbyn – and Leader of the Opposition is at least as demanding a role as leading a global corporation in terms of the organisational and negotiating skills, strategic vision, stamina, drive, pragmatism and media savviness required.

Corbyn looks like what he is – someone who has spent his entire career on the backbenches, free to follow his own principles and unaccustomed with the burden of having to make compromises and prioritise. And who is now out of his depth.

1.03pm BST

We’re trying out a new poll tool. Let us know what you think in the comments - and don’t forget to vote!

12.43pm BST

A commenter below the line makes the reasonable point that it’s all far too early to tell. Given the upheavals seen in domestic and international politics over the past few years, predicting the 2020 election is very difficult - particularly with the full effects of Brexit still to come.

The next election is most likely three and a half years away during which time we will experience the unprecedented upheaval of leaving the EU. There is also issues around boundary changes, scottish independence, the relevance of UKIP, whether labour can resolve their internal issues and divisions within the tory government. So on that basis nobody can say that Labour are not going to win the next election.
In the run up to the 2010 election the tories managed to paint the 2008 crash as caused by Labour and argued they were not economically responsible, yet could not win outright power. And against Gordon Brown of all people.
During the 2015 election campaign the tories maintained the argument, cast Ed Miliband as the son of Britain hater, glorified their own work on the economy since 2010, scapegoated the Lib Dems and saw the SNP all but obliterate Labour in Scotland, yet only managed a 17 seat majority.
Who wins the next election is pure guesswork, mine is that nobody wins outright.

12.40pm BST

Possible path to victory.
1. An electoral pact. The right win because they always vote together as one big monolith. Our turn. The scare of a small handful of Tories going over to UKIP was enough to panic Cameron into a Brexit referendum. I'm in a supposed Tory safe seat but the truth is that if you counted the Lib Dem and Labour vote together, we would comfortably win. That's repeated up and down the country. An electoral pact means not standing candidates against the most likely to win. It also means people can vote strategically yet maintain allegiance with the party of their conscience.
2. Stand a Labour candidate in Northern Ireland to recover ground lost in Scotland
3. Try and win over the 40% of non-voters.
4. As far as immigration is concerned, it really isn't rocket science. Saying Labour will build 60k new council homes a year is great but it is also arbitrary. Labour should go a bit further and say "we will institute whatever policy is necessary and build however many homes are required to make sure that house and rent prices don't outstrip wages, and if we can't achieve that, we'll look to reduce immigration"

12.33pm BST

One repeated criticism of Corbyn’s electoral strategy is that he doesn’t do enough to reach out to the centre: the kind of voters with no fixed political allegiance, the kind of voted for Blair in 1997 but were more convinced by David Cameron in 2015.

One ready, a 46 year old Labour member from Brighton, got in touch to say there’s another way of winning: by reaching out to those who don’t currently vote.

At the moment more that 35% of the eligible voters in the UK don’t vote. This is equal to or more than the number of eligible voters that voted Tories to win the last election. Most of these people are mostly not taken into account by pollsters. In my view, Corbyn is connecting with this group of eligible voters. If he can bring them into play in a large number, together with the traditional labour voters that remain loyal to the party, he has a credible path to victory.

12.27pm BST

An interesting comment from a reader below the line who suggests Corbyn does something to surprise voters.

For Corbyn to win he will need to do something big to convince enough Tories, Liberals and swing voters to vote for him - that's just the mathematical reality. It will be painful for him and his loyal membership perhaps, but he'll need to have at least one or two proposals that make this voting group sit up and say 'wow, I wouldn't have expected him to say that!', it's called cognitive dissonance and is used in advertising to cut through a crowded market place and change brand perceptions.

New Labour understood this; the end of Clause 4, being relaxed about the filthy rich, keeping to Tory spending plans for two years, and making the BoE independent all raised hell in the party, but were highly effective in changing damaging perceptions very quickly and forced the wider electorate to reconsider the brand. There is a downside of course; he will get slated by many on his own side and that hurts, but he has their votes already, he needs to hold his nose and put forward policies that appeal directly to the voters of his opposition.

12.07pm BST

In a year when Donald Trump’s campaign for the White House has moved from ugly fantasy to likely outcome it would take a very rash old political hack to say without reservation: “Labour cannot win a general election with Jeremy Corbyn as its leader.”

That’s what I think, of course. I do so on the basis of 40 years watching mainstream British politics from a ringside seat inside what my Twitter detractors routinely call the “Westminster bubble” - as if Momentum activists or Ukip Brexiteers don’t live in a tiny confirmation biased bubble of their own.

12.01pm BST

Comments are now open. For those without a commenting account, there’s also a form you can fill in at the start of the live blog.

11.46am BST

We’ve been hearing from Labour members on whether they think the party can turn around its electoral fortunes - keep the views coming, though we’re happy to hear from non-Labour members too. What would it take for you to vote for the party under Corbyn, and what put you off voting for them in 2015?

On opinion, we hear from a Labour member who vows to be more engaged in communicating the party message.

Our engagement isn’t just about reassuring the Labour faithful. The polls are a stark reminder of just how much work there is to do. We must turn the party into a movement that can be radical, and can win. As Corbyn said in his speech at conference, this wave of new members is in fact a “vast democratic resource” – not, as some people see it, a threat.

Related: New Labour members like me need to do more - it’s time to get involved

10.53am BST

Labour leader Jeremy Corbyn gave his keynote speech to conference on Wednesday, relaunching his stewardship of the party by outlining his agenda for the country under a Labour government.

Responding to critics who accuse Corbyn of being more interested in campaigning than the more complicated and compromise-strewn business of winning general elections, Corbyn said:

Related: Jeremy Corbyn’s critics must decide: unity or terminal decline | Owen Jones

30 June 1972: The much-maligned Alice Cooper band is about to perform at the Empire Pool, Wembley. At the weekend their bandwagon rolled into Pittsburgh and Michael White flew over to hear them

Ladies and Gentleman, I give you a great American success story. If not from log cabin to White House, then at least from modest beginnings in Phoenix, Arizona, whence also sprang Jenny Jerome and Barry Goldwater, to Greenwich, Connecticut, home of some of the Republic’s super-rich. Ladies and gentlemen I give you the Alice Cooper rock band.

There’s no point in pretending it’s a conventional success story, not on the surface anyway. Media penetration in the United States reached what must have been a high point last week with an Alice Cooper item in the Wall Street Journal. Over here there’s a feeling among the cognoscenti that what Billboard has described as “the best theatrical rock ‘n’ roll show since the Stones” needs more than the one previous live airing it got at the Rainbow Theatre last year to make its full impact. Hence Alice’s concert at the Empire Pool, Wembley, this evening.

Related: Alice Cooper: 'Rock music was looking for a villain'

Related: How to access the Guardian and Observer digital archive

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I am stuck between the Advance ruling and the order of Gujarat Big Court on payment of royalty under RCM. Kindly guide

The mental and physical stresses caused by fear of layoff have left many workers feeling suicidal

• Coronavirus – latest updates
• See all our coronavirus coverage

The number of jobless people in the US rose by more than 20 million in April, something deemed worthy of a mention in the “and in other news” slot on the BBC’s evening TV bulletin.

Sure, it was the 75th anniversary of VE day and there were socially distanced street parties to cover and archive footage of crowds gathered in front of Buckingham Palace to treasure.

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It is that day when we celebrate motherhood, mothers, their unmatched love and every small and big thing they do for us. Bollywood celebrities have been sharing heart-warming photos and posts on social media, to mark the day. For Shilpa Shetty, however, it is an extra special day since her surrogate daughter Samisha came home a few months back, and she gets to celebrate the day with her two children now!

During a recent interview, Shilpa reveald that she always wanted two kids since she knows how impactful having a sibling can be, and did not want son Viaan to grow up alone. However, she developed an auto-immune condition called APLA which caused her miscarriages every time she got pregnant.

Before she decided to opt for surrogacy, Shilpa revealed she had also considered adoption as an option and put her name with an organisation for the same. However, it got pushed due to internal disputes and after waiting for four years, her patience got over and she and husband Raj Kundra decided to have a surrogate baby.

On Instagram, we keep coming across photos of the happy family, and Viaan always looks excited to have been promoted to a big brother.

Happy Mother's Day to you, Shilpa!

Actor Dipika Chikhlia, who was seen playing the role of Sita in Ramayan, was introduced to an unmatched popularity that has not faded even today. In an earlier interview, she had revealed how people in the villages would still refer to her as Sita and would even try touching her feet! However, given a choice today, Sita would not be the character she would like to play.

In a recent conversation, Dipika revealed she had evolved as an actor, and would rather be interested to play Kaikeyi, lord Ram's stepmother who insisted her husband Dashratha to send Ram, Lakshman and Sita to an exile for 14 years. Dipika added that playing a negative career was an entirely different experience and she was fond of playing roles that let her explore herself as an artist.

Actor Sunil Lahiri, who played Lakshman's character, said he'd still pick the same role, but if he had another choice, he would like to get into the shoes of Ravana as the character had many shades and would give an actor many varieties to perform.

As the nationwide lock-down began, Doordarshan started re-airing some of its most popular TV shows, Ramayan being the first one. On April 16, it became the world's most watched TV show, with 7.7 crore viewers.

<strong>EXPECTATIONS</strong> With the soundtrack of <em>Junglee</em> arriving on the day of the film's release, there has hardly been any awareness around the music. Moreover, the film is a jungle adventure and hence at best one expects composer Sameer Uddin to have come up with situational numbers. <img class="aligncenter size-full wp-image-967442" src="https://www.bollywoodhungama.com/wp-content/uploads/2019/04/Junglee-2.jpg" alt="" width="720" height="450" /> <strong>MUSIC</strong> There are only three songs in the album, and the first one is written by Anvita Dutt. Titled <strong><em>'Fakeera Ghar Aaja'</em></strong>, this one is about a man's homecoming and makes for a situational setting. With a decent sound to it, it has some functional rendition by Jubin Nautiyal and just about passes muster. Next to arrive is Kumar Suryavanshi written <strong><em>'Garje Gajraj Hamare'</em></strong> and this one is an ode to elephants. It tries to be all cute and nice with a child accompanying Vidyut as they go around the village. However, the end result is hardly the kind that would make you feel like playing this Navraj Hans, Hamsika Iyer, Abhishek Nailwal and Gulshan Kumar sung number on loop. Kumar Suryavanshi is also the lyricist for last number in the album, <strong><em>'Dosti'</em></strong>. This one actually turns out to be better of the lot with Mohan Kannan's vocals adding to the song's appeal. This one has a kind of setting that Pritam puts together for many a Mohit Chauhan numbers and actually makes for a pleasant hear. <strong>OVERALL</strong> The music of Junglee is by and large forgettable. <strong>OUR PICK(S)</strong> <em>‘Dosti’</em>

Priyanka, who is vocal about her ideas on issues pertaining to women's health, says being an entertainer gives her a platform to spread awareness about social causes.

 





Priyanka Chopra is a veteran Actress.

Have a Good Experience.





Priyanka Chopra says women have the superpower to balance career with family and it is high time men understood that their aspirations are equally important.

 

The 35-year-old actor, who entered the film industry soon after winning the Miss World title at the age of 18, credits her parents, especially her father, for understanding her dreams and helping her achieve them.

 

1. "I came from a family where everyone questioned my decision to become an actor.
There was a big debate in my house. But my parents, especially my father said, 'I am standing by her in whatever she wants to do.


 

2. I will make sure nothing wrong happens to her.' He kept his promise. He was with me always till I was 23. He used to be my manager. I had the support of my father," Priyanka told in an interview.


 

3. "The men in the world need to understand that as soon as you empower a woman, as soon as you give her the opportunity to be her best, she can handle both family and career.
I feel boys can't tackle both. Look at the medals at Commonwealth Games, most of

them have been won by women because they had this opportunity," she says.


 

4. The actor believes society needs to be more open towards the idea of women being ambitious. People have still not warmed up to the idea of a career-oriented woman.

 

 

The entire Bollywood industry is pouring in Celebration Sports Club, Mumbai, to bid the last adieu to the legendary actress of Indian cinema, Sridevi. The prayer meeting is crowded by biggies of Bollywood, like Kajol, Ajay Devgn, Aishwarya, Jaya Bachchan, 

 

Jacqueline Fernandez, Sonam Kapoor, Salman Khan, Arbaaz Khan, Farhan Khan, Nimrat Kaur, Satish Kaushik, Sanjay Kapoor, Waheeda Rehman, Isha Deol, Hema Malini, Madhuri Dikshit, Subhash Ghai, Sushmita Sen, and many others, who have come to pay a last visit before Sridevi's body will be taken for the last rights to Vile Parle Seva Samaj Crematorium and Hindu Cemetery, next to Pawn Hans around 3.30 pm.

 

 

 

 

While a lot has already been said about the versatile actress's sudden death, due to accidental drowning after losing her consciousness in the bathtub of a hotel room in Dubai. One of her close friends has now come out making a shocking new revelation about Sridevi’s health condition.

In an interaction with a leading daily, Pinky Reddy who knows Sridevi since childhood recalled her last phone-call with Sridevi saying, “I have lost a sister. It (Her demise) is shocking. We are devastated. I spoke to her the day she was leaving for Dubai. She was down with fever and was on antibiotics. She was feeling tired, but she said that she has to go for the wedding.”

 

 

Reinforcing its globally acknowledged Responsible Luxury ethos that seeks to create a better and secure world, ITC Hotels today announced the launch of its path breaking 'WeAssure' initiative. In a first for the hospitality industry, the discerning ...

As Donald Trump and Hillary Clinton slug it out for the most coveted and powerful seat, the entire world waits with abated breath to see who becomes the next US president on November 9th 2016 and gets their name inked among the pantheon.

The world is still coming to grips with the sensational victory of Donald Trump over Hillary Clinton in a closely fought election to become the 45th president of the United States.

Just like there are no two leaves are the same in the world, each country has the different characters from the other countries, including its culture, politics, economy and something else. Sometimes we can find it from the jewelry...

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