On Jan 2 2021, the newsrack service has been shut down permanently.

It has been a nice long run from the Sarai days in 2004 to being hosted on its own domain around 2006. Beside maintenance, there has been no real active development on the code or the features since early 2008. Since 2015, even all that maintenance was pretty bare bones. A lot of news sources no longer provide reliable RSS feeds and since mid 2018, there were growing issues with the service and I only kept it alive to assist a handful of users.

So, it was time to shut this down. The internet world in 2020 is vastly differently from 2003 when I first conceptualized this service. Thanks for using this all these years.

This is an archive of previously crawled content that will be kept around for a few weeks.

 
User: sandman1965 Topic: private equity
Category: Private Equity
Last updated: Dec 17 2018 20:54 IST RSS 2.0
 
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Deal Street dazzles thanks to RIL's equity divestment 30.12.2020 Rediff: Business
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
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PE/VC investments into India from China, HK fall 72% 30.12.2020 Rediff: Business
The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.
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Indian hedge funds beat their peers in other EMs 28.12.2020 Rediff: Business
The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.
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PE investors bullish on Indian realty despite pandemic 24.12.2020 Rediff: Business
Improving economic sentiment, enabling policies and growth in key emerging sectors may help attract 30 per cent more private equity funds at $6 billion in the realty sector next year compared to 2020, says a report. PE investments into the realty space is expected to dropped to $4.6 billion in 2020 due to decline in the overall economic activity hit by the pandemic-driven lockdowns, according to a report by global property consultancy Savills India. The next wave of investments will be driven by warehousing, affordable housing and data centres apart from commercial office which will continue to see steady improvement, says the report.
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Pine Labs' valuation tops $2 bn post funding 22.12.2020 Rediff: Business
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
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Sovereign fund: India replaces China as most favourite 17.12.2020 Rediff: Business
In the year 2020 to date, these funds deployed capital worth a record $14.8 billion in India, which is nearly three times more than what they have put in China - $4.5 billion.
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Why PEs may be better source of capital for banks 16.12.2020 Rediff: Business
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
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Models share their AMAZING travel pix! 11.12.2020 Rediff: GetAhead
Makes you want to pack your bags and set off for distant -- or even nearby -- climes, doesn't it?
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Sunil Mittal's son ups his reputation as VC investor 10.12.2020 Rediff: Business
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
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An interview every stockmarket investor must read! 9.12.2020 Rediff: Business
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
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'Delhi Crime won Emmy, people know me from Mirzapur' 3.12.2020 Rediff: Movies
'My chowkidar and the paanwala near my house have seen Mirzapur.' 'They may have missed Delhi Crime but they have seen Mirzapur.' ''Delhi Crime won Emmy, people know me from Mirzapur'Sometimes I feel I have done so much work, why do people know me only by this role?'
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How Kerala-based CSB Bank made a dramatic turnaround 27.11.2020 Rediff: Business
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
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Will these movies bring audiences back? 25.11.2020 Rediff: Movies
'The blockbusters are unlikely to be launched in 2020.' 'They will move into the 2021 cycle when confidence level among people will be higher.'
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Byju's raises $200 mn; valuation surges to $12 bn 23.11.2020 Rediff: Business
While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.
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'I am very excited about The Family Man' 20.11.2020 Rediff: Movies
'All the characters have moved on from part one.' 'My character Srikant Tiwari is in a different zone.' 'Srikant is like R K Laxman's Common Man striving to keep a balance between his work and family.'
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FIFA rules to protect female players' maternity rights 19.11.2020 Rediff: Sports
News of all that's transpired on and off the football field.
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\Who was Aamir watching a film with? 18.11.2020 Rediff: Movies
Bollywood stars are gingerly venturing out as they get used to the new normal.
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Suraj Pe Mangal Bhari review 15.11.2020 Rediff: Movies
Diljit Dosanjh and Manoj Bajpayee make this comedy-drama a decent watch with their fabulous performances, says Namrata Thakker.
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Laxmmi bombs, Akshay moves to Ram Setu 15.11.2020 Rediff: Movies
Plans for a Laxmmi sequel have been scrapped.
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EPFO may now invest in cash-starved infra sector 10.11.2020 Rediff: Business
At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.
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