Ashli Varghese &Amp; Anoushka Sawhney

Stories by Ashli Varghese &Amp; Anoushka Sawhney

Global caution sends private equity-backed M&A deal value to 6-year trough

Global caution sends private equity-backed M&A deal value to 6-year trough

Rediff.com   29 Aug 2024

The value of private equity (PE)-backed mergers and acquisitions (M&As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.

Unspent CSR funds hit five-year high in FY23

Unspent CSR funds hit five-year high in FY23

Rediff.com   20 Aug 2024

Not all listed companies above a threshold have spent on corporate social responsibility (CSR) in the way they were required to do. The aggregate unspent amount in 2022-23 (FY23) stood at a five-year high of Rs 1,475 crore. In FY23 listed companies spent Rs 15,602 crore while the amount to be expended was Rs 15,787 crore, according to the data from corporate tracker primeinfobase.com.

Workplaces Unsafe For Women? 400+ Cases Registered

Workplaces Unsafe For Women? 400+ Cases Registered

Rediff.com   16 Aug 2024

On average, 49 sexual harassment cases were reported every day in 2022.

Covid Reduced 2.6 Years Of Life Expectancy In India

Covid Reduced 2.6 Years Of Life Expectancy In India

Rediff.com   20 Jul 2024

The decline in life expectancy was higher among young individuals and those aged 50 to 60.

Why Promoters Are Cutting Stake In Companies

Why Promoters Are Cutting Stake In Companies

Rediff.com   26 Jun 2024

'This trend will continue as long as the bull run continues.'

Over 85% Billionaires Are Upper Castes

Over 85% Billionaires Are Upper Castes

Rediff.com   24 Jun 2024

While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.

49.9% New MPs In 2019

49.9% New MPs In 2019

Rediff.com   1 Jun 2024

Nearly half of the MPs elected in the 2019 general elections in India were first-timers.

Are Foreign Investors Wary Of Indian Markets?

Are Foreign Investors Wary Of Indian Markets?

Rediff.com   24 May 2024

The share of foreign investors was lower than domestic institutions across key sectors, including commodities, consumer discretionary, financial services and industrials.

Strikes And Lockouts Decline By 90%

Strikes And Lockouts Decline By 90%

Rediff.com   17 May 2024

Industrial disputes dropped 89.3 per cent to 34 in 2022 compared to 318 a decade ago, shows central and state data.

38,100 Hectares Of Tree Cover Lost To Forest Fires

38,100 Hectares Of Tree Cover Lost To Forest Fires

Rediff.com   13 May 2024

Between April 25 and May 2, India received 38,885 fire alerts.

IMD Predicts Highest Rainfall This Year

IMD Predicts Highest Rainfall This Year

Rediff.com   30 Apr 2024

It expects rainfall to be about 106 per cent of the long period average, aided by La Nia conditions anticipated to play a role in the second half of the monsoon season.

Israel outweighs Iran in trade with India since 2019, shows data

Israel outweighs Iran in trade with India since 2019, shows data

Rediff.com   23 Apr 2024

Trade links with Israel have strengthened in the past few years, even as the value of goods exchanged with Iran has diminished. Iran accounted for $3.9 billion worth of India's exports in the four quarters ending December 2019, compared to $3.6 billion to Israel. However, India's exports to Iran dropped to $1.2 billion as of December 2023, on a rolling four-quarter basis, while exports to Israel grew to $6.1 billion in the same period.

Why No Score Is Safe In IPL 2024

Why No Score Is Safe In IPL 2024

Rediff.com   23 Apr 2024

'The impact player rule has skewed the game heavily in favour of the batters.' 'The second factor is that all venues have BCCI-appointed curators as opposed to local curators.' 'This has essentially taken the home advantage out of the equation.'

'There is no crime and no robbery in UP now'

'There is no crime and no robbery in UP now'

Rediff.com   17 Apr 2024

While conditions have improved over the last decade in western UP, there are still unfulfilled needs.

India moved fewer people to non-agri jobs than most neighbouring nations

India moved fewer people to non-agri jobs than most neighbouring nations

Rediff.com   13 Apr 2024

India has managed to move a smaller share of its working-age population away from farm-related work than many of its neighbours. Bangladesh, Bhutan, Sri Lanka and Nepal managed to shift a bigger share of jobs to non-agricultural work than India, shows data from the year 2000 to 2023 the compiled from the World Bank's April South Asia Development Update report. Only Pakistan and the Maldives show a lower shift among South Asian peers.

Electoral Bonds Saw Landscape Shift

Electoral Bonds Saw Landscape Shift

Rediff.com   8 Apr 2024

Key individual parties have cornered a larger share, with some favouring regional and others national players.

FDI Declines From Pandemic Highs

FDI Declines From Pandemic Highs

Rediff.com   4 Apr 2024

Net inflows were $18.4 billion for the rolling 12-month period ended January 2024 compared to $32.7 billion for the rolling 12-month period ended January 2023.

Top 1% Indians Earn 23% Of Income

Top 1% Indians Earn 23% Of Income

Rediff.com   1 Apr 2024

Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.

Rs 4000 cr missing link in electoral bonds data

Rs 4000 cr missing link in electoral bonds data

Rediff.com   22 Mar 2024

The ECI data covers 20,421 bonds worth Rs 12,769 crore. The ADR data, however, collated information on 27,811 bonds worth Rs 16,492 crore. The gap is nearly Rs 4,000 crore and involves over 7,000 bonds.

Women's unemployment rate at 16-month low; labour participation declines

Women's unemployment rate at 16-month low; labour participation declines

Rediff.com   14 Feb 2024

The unemployment rate for women was last this low around Diwali in 2022. The unemployment rate has dropped for women from 14.9 per cent in December 2023 to 11 per cent in January 2024, according to data from the Centre for Monitoring Indian Economy (CMIE). It was higher in January 2023 at 13.5 per cent.