Bloodbath in emerging markets
Bloodbath in emerging markets
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- Kal Somani has taken full ownership of IPL’s Rajasthan Royals, valuing the Jaipur franchise at about $1.6–1.63B. Beating The Times Group, Somani, formerly a minority holder, now leads a consortium backed by Walmart-linked investors and US business families, acquiring 100%.
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Not too long ago, Brazil was a hot investment destination. Now, however, the Brazilian stock market has entered a bear phase. And, it's not the only developing economy with a stock market that is going through a slump
Topics : Paridhi Adani The field of blood
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First Published: Jun 15 2013 | 9:02 PM IST