ITV

Tag: Renuka Ramnath

  • TV18 Broadcast appoints Renuka Ramnath as additional director

    TV18 Broadcast appoints Renuka Ramnath as additional director

    MUMBAI: TV18 Broadcast Ltd has appointed Renuka Ramnath as an additional director of the company with effect from 16 July. Ramnath who is designated as independent director, has been appointed for five years.

    “We wish to inform you that the board of directors of the company at its meeting held on July 16, 2019, has inter alia approved appointment of Renuka Ramnath, as an additional director of the company with effect from July 16, 2019, designated as an Independent Director. Renuka Ramnath is appointed for five (5) years commencing July 16, 2019, subject to approval of the shareholders of the company,” the company posted in a filing on Bombay Stock Exchange.

    Ramnath has over 30 years of experience in the Indian financial sector across private equity, investment banking and structured finance. She started her career with the ICICI Group and had leadership roles in investment banking, structured finance and e-commerce. She led ICICI Venture as the MD and CEO of ICICI Venture to become one of the largest private equity funds in India.

  • Bloomberg TV India to launch new show ‘Deal Street’

    Bloomberg TV India to launch new show ‘Deal Street’

    MUMBAI: Bloomberg TV India is set to launch a new show called Deal Street, a show that will decode some of India’s biggest corporate and financial deals. 

     

    Through the series, viewers can get insights into the business of deal-making, along with a ringside view of multimillion dollar deals for funding, mergers, acquisitions, buyouts and takeovers. Also, there will be a special focus on the future of India’s buzzing start up ecosystem.

     

    The half an hour special series will feature interviews with some of the most successful people in the industry. Industry stalwarts, who are placing some big bets on India, will discuss their deals and plans for the companies that they have bet on. 

     

    In the initial weeks, the show will feature leaders like Kohlberg Kravis Roberts (KKR) India CEO Sanjay Nayar; SAIF Partners MD Deepak Gaur; Matrix India MD Avnish Bajaj, Multiples Alternate Asset Management founder, MD & CEO Renuka Ramnath and Helion Venture Partners senior MD Sanjeev Aggarwal. 

     

    Bloomberg TV India executive VP and business head Alok Nair said, “Our strategic approach has always been to provide hard hitting news to help our viewers take informed decisions. Taking this into consideration, the show will bring together the most promising leaders from the private equity and VC community. The show will focus on what top investors look at when they back a business or an entrepreneur, and how they ensure that their investments will pay off.” 

     

    Mini Menon will be driving the show. Menon’s deep engagement with the PE & VC community will put this content in the right perspective & bring together the most crucial ecosystem alive.

  • PVR to raise Rs 350 crore from PE firm Multiples, dilute 10.7% stake

    PVR to raise Rs 350 crore from PE firm Multiples, dilute 10.7% stake

    MUMBAI: PVR Ltd, which recently acquired DT Cinemas for Rs 500 crore, is looking at raising Rs 350 crore from Indian private equity firm Multiples Alternate Asset Management Private Limited (Multiples), which will pick up 10.7 per cent stake in the company.

     

    Under the terms of the agreement, Multiples through its various funds shall, subject to receipt of necessary statutory approvals, subscribe to 50,00,000 equity shares in PVR Limited for a 10.7 per cent fully diluted stake, at a price of Rs 700 per equity share.

     

    PVR chairman and managing director Ajay Bijli said, “We are delighted to deepen our partnership with Multiples. This investment bears testimony to the immense faith that Renuka Ramnath and entire Multiples Private Equity team have reposed in the business model, promoters and the management team of PVR.”

     

    Multiples managing director and CEO Renuka Ramnath added, “PVR is a unique success story built on the back of strong financial support and endorsement from the same investor. We are proud to have been part of PVR’s history from less than 29 screens towards building 1000 screens. The credit for this outstanding journey is to Ajay, Sanjeev and the excellent management team that works with them.”