Private Equity (PE) investments in India rose to $ 13.83 billion during the January to October period this year, up from $10 billion during the corresponding period last year, though the average deal size saw a decline.
The spike was largely driven by IT & ITeS, energy and natural resources, manufacturing, telecom, pharma and banking and finance, says PTI, quoting from a report by tax and advisory firm Grant Thornton.
On the flip side, the average size per deal was lower; while 863 transactions accounted for the $14 billion investment this year, the number of deals last year was 497 during the first 10 months of calendar 2014.
"On the private equity front, energy and natural resources together with BFSI contributed over 45 per cent of total deal values," Grant Thornton India Partner Prashant Mehra said, according to PTI.
In October 2015, there was an increase of 73% in the number of deals, though the value declined by 40% over October 2015.
The month's top deals included ReNew Power Ventures raising $265 million in fresh equity from new and existing investors, according to the report.
The yield on the benchmark, 10-year bond opened flat on Monday at 7.64% levels, according to IFA Global, the corporate forex advisory and treasury consulting firm.
It said that the yield "might spike" as a result of the panic in financial markets following the Paris terror attacks last Friday that left at least 129 people dead.
France sprung into action, conducting raids on suspected Islamic militant hideouts at various locations in the country.
The country's interior minister Bernard Cazeneuve told journalists on Monday that the French police arrested 23 people and seized arms including rocket launchers in 168 raids overnight.
The S&P BSE Sensex hit a seven-week low on Monday morning, the first day of trading after the Paris terror attacks, but recovered later in the day. At 3.15 pm, the Sensex was 25748, up 138 points, or 0.54%.
