Asset Valuation

SpaceX eyes share sale deals, valuation likely to hit around $400 billion

This would mark the largest-ever valuation for a privately held US company, surpassing SpaceX's previous record of $350 billion from its share buyback in December

Asset valuer selected for IDBI Bank; govt finalising share pact: Dipam secy

DIPAM Secretary Arunish Chawla on Wednesday said the government has appointed asset valuers for valuation of IDBI Bank and is also deliberating on share purchase agreement to be signed with prospective buyer. The privatisation of IDBI Bank has been in process for over two and a half years. In October, 2022, when the government, together with LIC, had invited EoI from investors for privatising IDBI Bank by selling a total of 60.72 per cent stake. This includes a 30.48 per cent stake of the Government of India and 30.24 per cent of LIC. Talking to reporters, Chawla said the Department of Investment and Public Asset Management (DIPAM) is "moving ahead" with IDBI Bank strategic sale as per government decision. "We have established a virtual data room. The facility to answer query is going on well and we have appointed an asset valuer. We are also deliberating on shareholder agreement," Chawla said. "The strategic sale of IDBI Bank should conclude in another 6-7 months," an official sai

Govt panel pulls up BSNL, DoT for slow pace of asset monetisation

Telecom among worst-performing departments in terms of monetisation

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

Some ARCs bypassing regulations, lack transparency: RBI deputy governor

They are 'using innovative ways to structure transactions', says Swaminathan J

A 5,800% renewables stock surge has some Indian investors worried

The biggest stock winners in India's renewable sector are now all facing the challenge from minuscule earnings, which has sent valuations through the roof

BlackRock slashes Byju's valuation by 95% from $22 bn to $1 bn: Report

Tech investor Prosus NV valued Byju's at under $3 billion in November last year after BlackRock cut its valuation to about $8.4 billion in May

Multi-asset funds offer considerable relief in the choppy waters

Another expert termed Nippon India Multi Asset Fund as an example of a true multi-asset fund, saying this fund believes in classical asset allocation

Govt invites bids for asset valuer for IDBI Bank to sell majority stake

The Indian government has invited bids to appoint an asset valuer for IDBI Bank as it seeks to sell a majority stake of the lender

'Missing the mark': Asset monetisation 18% short of target in FY23

Govt stays with Rs 1.79-trn target set by NITI for FY24

Donad Trump asks appeals court to scrap New York probe of his assets

Trump's lawyer asked a federal appeals court to block New York's investigation into potentially fraudulent asset valuations at his sprawling real-estate company

What is the difference between Embedded Value and Enterprise Value?

Before investing in markets, investors analyse companies based on enterprise value and sometimes, the embedded value. Find out what these values are and how can investors use them for their benefit

The strategy is to be asset-light: Indiabulls HF's V-C & MD Gagan Banga

It is not to grow the balance sheet but to grow AUM, says Gagan Banga

With a net worth of $288.6 bn, Elon Musk now worth more than Exxon Mobil

Musk's net worth now makes him more valuable than Exxon Mobil Corp

Asset monetisation pipeline: Govt used 4 methods to value Rs 6-trn assets

Experts say estimates should not be used as reserve price during bidding

Poor asset valuation, economic climate, NCLT delays see IBC losing favour

Less than 200 cases have been admitted to the National Company Law Tribunal till June after the suspension was lifted on March 24, revealed the Insolvency and Bankruptcy Board of India

Equities offer best risk-reward in current environment: Validus Wealth CIO

He tells Ashley Coutinho, in an interview, that a quicker-than-expected reversal in easy monetary conditions could sap the liquidity that has elevated asset price valuations

DoT, Dipam lock horns over real estate asset valuation of BSNL-MTNL

It is learnt that the valuation done by the two companies is much higher than the one arrived at by the transaction advisors

Oil firms collectively cut the value of their assets by nearly $50 bn in Q2

London-based BP has previously said it plans to cut its overall output by roughly 1 million barrels of oil equivalent (boepd) by the end of 2030 from its current 3.6 million boepd