Avendus Capital

Avendus Capital study says low penetration coupled with rising disposable incomes, and product innovation by insurers could act as catalysts for the segment

Company will use money to promote brands, increase offline distribution, and expand internationally

US and European markets gained in October after a sharp sell-off in September

The private equity titan is close to appointing two banks to manage the formal process for the transaction, the people said, asking not to be named as the information is not public

The investment will be focused on strengthening the company's leadership position in the country. VerSe plans to both deepen and broaden its AI and ML (machine learning) and data science capabilities

The main worry for the markets remains a policy misstep by central banks in not tackling inflation or being too aggressive, leading to a sharp economic slowdown, says Andrew Holland

Samvat 2078: What are Andrew Holland's favourite themes and sectors - Q&A

Is too much money chasing too few stocks in Indian markets? Which themes and sectors will do well in Samvat 2078? Avendus Capital CEO Andrew Holland answers these questions in this exclusive interview

Valuations appear high in some sectors as a small number of stocks dominated the index last year, said CEO Holland

While the MSCI rebalancing is done with, the dollar continues its downward streak, leading to a weak Dollar Index. This in all likelihood may continue to attract FPI inflows, says Sanghavi

The benchmark indices gained for the fourth straight session and fifth straight week - the longest run of weekly gains since July

Avendus Capital is betting big on the asset management vertical, looking to treble its AUM to over $3 billion by 2024, a top company official has said.

"Following the massive fiscal packages and central banks 'backstopping' the bond and credit markets globally, all the markets have risen sharply from the lows seen in March"

The focus would increase on FY21 earnings which can grow by about 15 per cent, according to Vaibhav Sanghavi

Global investment based on ESG strategies stood at nearly $23 trillion at the end of 2015

BlackRock is also reportedly among the two front-runners in the race to buy IDFC MF