Latest news with #Cyriac
Economic Times
07-08-2025
- Business
- Economic Times
IIM Bangalore launches PEVC research centre with focus on industry-academia collaboration
Agencies Sanjiv Mehta, executive chairman at L Catterton India and former CEO of Hindustan Unilever, inagurates the Tony James COE for PEVC at IIMB The Indian Institute of Management Bangalore (IIMB) on Thursday launched the Tony James Centre for Private Equity and Venture Capital (PEVC), India's first dedicated Centre of Excellence focused on research, education and industry partnerships in the alternative investments sector. The centre is backed by a significant endowment from Mathew Cyriac, Chairman of Florintree Advisors and a 1994 PGP alumnus of IIM Bangalore. It is named after Tony James, former president and chief operating officer of Blackstone and a veteran of the global alternative investment industry. The initiative aims to bridge the gap between academic research and the evolving needs of India's private equity and venture capital ecosystem. The centre will support research, offer specialised courses, host industry-focused events, and serve as a platform for policy discussions. 'As the Indian investing market evolves, I believe it will need innovation and sophistication that suit the nuances of the Indian market', said Cyriac who is also the cofounder of of Yali part of the contribution, four classrooms at IIMB will be named after faculty members who influenced Cyriac's academic journey. The CoE will engage with stakeholders, including students, young professionals, PE and VC firms, IIMB's academic and research community such as doctoral scholars, and limited partners (LPs) who provide the capital for investments, IIMB said in a statement. During his address professor Dinesh Kumar, director in charge, IIMB, said, 'The reality is that high-quality research is capital-intensive. To attract and retain world-class talent and to invest in critical resources like data and infrastructure, significant funding is required.' He added that the CoE will help the institute move closer to becoming a research-led institution of global standing. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. As RBI retains GDP forecast, 4 factors that will test the strength of Indian economy India's last cement IPO did not work. Can JSW Cement break that curse? Is Shadowfax closing in on its closest rival? Can Coforge's ambition to lead the IT Industry become a reality? Berlin to Bharuch: The Borosil journey after the China hit in Europe Stock Radar: Syngene International showing signs of momentum after falling 26% from highs; what should investors do? Two Trades for Today: A life insurance major for a 4.85% upmove, a mid-cap diesel engine maker for almost 7% rise Multibagger or IBC - Part 18: This auto ancillary started with wheels. It now also powers wind & war Auto stocks: Yes, headwinds in the short term, but will structural change become tailwinds and prove analysts wrong?
Time of India
07-08-2025
- Business
- Time of India
IIM Bangalore launches PEVC research centre with focus on industry-academia collaboration
Academy Empower your mind, elevate your skills The Indian Institute of Management Bangalore (IIMB) on Thursday launched the Tony James Centre for Private Equity and Venture Capital PEVC ), India's first dedicated Centre of Excellence focused on research, education and industry partnerships in the alternative investments centre is backed by a significant endowment from Mathew Cyriac, Chairman of Florintree Advisors and a 1994 PGP alumnus of IIM Bangalore . It is named after Tony James, former president and chief operating officer of Blackstone and a veteran of the global alternative investment initiative aims to bridge the gap between academic research and the evolving needs of India's private equity and venture capital ecosystem. The centre will support research, offer specialised courses, host industry-focused events, and serve as a platform for policy discussions.'As the Indian investing market evolves, I believe it will need innovation and sophistication that suit the nuances of the Indian market', said Cyriac who is also the cofounder of of Yali part of the contribution, four classrooms at IIMB will be named after faculty members who influenced Cyriac's academic journey. The CoE will engage with stakeholders, including students, young professionals, PE and VC firms, IIMB's academic and research community such as doctoral scholars, and limited partners (LPs) who provide the capital for investments, IIMB said in a his address professor Dinesh Kumar, director in charge, IIMB, said, 'The reality is that high-quality research is capital-intensive. To attract and retain world-class talent and to invest in critical resources like data and infrastructure, significant funding is required.' He added that the CoE will help the institute move closer to becoming a research-led institution of global standing.
Mint
31-07-2025
- Business
- Mint
India's first academic hub on Private Equity and Venture Capital: IIM Bangalore set to Inaugurate Tony James Centre
The Indian Institute of Management Bangalore (IIMB) is set to inaugurate the Tony James Centre for Private Equity and Venture Capital on 6 August. This will mark the launch of the first Global Centre of Excellence dedicated to research, education, and collaboration in the private equity and venture capital (PEVC) field in Asia's third-largest economy. The Centre, named after Blackstone's Hamilton "Tony" James, has been established with support from Mathew Cyriac, Chairman of Florintree Advisors, Co-founder of Yali Capital, and 1994 IIMB graduate. An MoU formalising the creation of the Centre was signed on 24 August 2024 between IIMB and Cyriac, the premier management institute said in an official statement, adding that it is one of the largest individual alumni contributions in the history of IIMB. "This is more than a tribute, it is a commitment to a future where Indian talent leads global investing conversations," Cyriac said ahead of the inauguration. Cyriac, a gold medalist of his batch and the 2025 recipient of IIMB's Distinguished Alumni Award, has made one of the most significant contributions in the institute's history. His donation supports the new Centre, scholarships for students pursuing finance in the PGP and Doctoral programmes, and naming four classrooms to recognise key faculty members. The inaugural event on 6 August will bring together prominent leaders from the global private equity and venture capital community. The ceremony will open with a welcome address by Professor Sourav Mukherji, Dean of Faculty and Dean of Alumni Relations and Development. Professor Dinesh Kumar, Director In-charge at IIM Bangalore, will deliver the opening remarks, introduce the newly launched Centre, and announce the appointment of Professor Ashok Thampy from the Finance and Accounting area as its Chairperson. Professor Thampy, who holds the Florintree Chair in Private Equity and Venture Capital at IIMB, will present the Centre's vision and outline its upcoming initiatives. "The Tony James Centre will be a catalytic force in shaping the future of PEVC in India and beyond. Through research, teaching, and sustained engagement with industry, we hope to cultivate a new generation of leaders who will redefine the dimensions of investment and enterprise," said Professor Thampy. Professor Ashok Thampy, who has been appointed as Chairperson of the Centre and holds the Florintree Chair in Private Equity and Venture Capital, will present the Centre's roadmap. "The Tony James Centre will be a catalytic force in shaping the future of PEVC in India and beyond," he said. Designed as a leading platform for academic research, industry engagement, and policy dialogue, the Centre aims to bring together global experts and develop deep insight into emerging private equity and venture capital trends. It also intends to nurture a new generation of finance professionals grounded in strong ethics and global best practices. To attend the launch event, kindly register HERE.
Time of India
10-06-2025
- Business
- Time of India
JM Financial retains Buy on Gokaldas Exports; target price Rs 1,265
JM Financial maintains Buy call on Gokaldas Exports with an unchanged target price of Rs 1,265. The current market price of Gokaldas Exports is Rs 923.15. The time period given by the analyst is a year when Gokaldas Exports price can reach the defined target. Gokaldas Exports, incorporated in 2004, is a Small Cap company with a market cap of Rs 6927.83 crore) operating in the Apparels sector. Gokaldas Exports' key products/revenue segments include Textile Apparels, Export Incentives, Accessories and Job Work for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1034.86 crore, up 3.41% from last quarter Total Income of Rs 1000.78 crore and up 26.52% from last year same quarter Total Income of Rs 817.97 crore. The company has reported net profit after tax of Rs 52.86 crore in the latest quarter. The company's top management includes Cyriac, Ganapathi, Poorana Seenivasan, Kumar Singh, Varughese, Bjiapurkar, Ashoke Dalvie, Rajaram. Company has MSKA & Associates as its auditors. As on 31-03-2025, the company has a total of 7 crore shares outstanding. Investment Rationale Gokaldas Exports expects near-term (2-2.5 quarters) challenges as higher costs will be borne by suppliers and retailers simultaneously. Though, this additional cost is expected to be passed on to the end-customers eventually, leading to a recovery in margins in 2HFY26. The company also witnessed some impact in order book for 2QFY26 but expects it to recover post some clarity on tariffs in July (end of 90-day pause). The company believes that in a case where tariffs sustain at 10%, additional costs will be shared amongst retailer, supplier (Indian exporters) and end-consumers. Even if tariffs are reinstated to the initial levels with India at ~26%, Indian players remain well-placed given higher tariffs to be faced by other countries like Vietnam, China, Bangladesh etc. In both these situations, additional cost is expected to be passed on to the end-consumer over time. The Company plans to take a decision on BTPL merger soon. If approved, merger is expected to be completed in next year. The longer term seems favourable with a continuing shift of global sourcing away from China given higher tariffs, supplier consolidation towards efficient and well capitalized players, and supply-side instabilities in several countries. Gokaldas exports remain JM Financial's top pick in the textile space. They reiterate BUY with an unchanged target price at Rs 1,265. Promoter/FII Holdings Promoters held 9.38 per cent stake in the company as of 31-Mar-2025, while FIIs owned 25.79 per cent, DIIs 36.82 per cent.
