Global Investors

Global investors slash valuation of Indian unicorns amid funding winter

Investors are looking to mark down the valuations of top Indian tech firms in the range of 20 per cent to 50 per cent, according to analysts

GQG Partners overweight on India; HDFC, ICICI Bank top holdings

Adani investment of Rs 15,446-crore is 2% of its total exposure

Hindenburg has its view, we disagree with it: GQG Partners' Rajiv Jain

Jain made it clear that he is always looking to "exploit the mispricing of long-tailed assets"

Fund managers rush to emerging stocks: BofA survey of global investors

The survey of 299 fund managers, with a combined $847 billion in assets under management, found investors were still broadly cautious, but less so than in recent months

Subsidies, road connectivity, 'magnets' attracting global investors: Shinde

Having signed MoUs worth Rs 1.36 trn with global investors in just two days here, Maharashtra Chief Minister Eknath Shinde on Tuesday said the 'magnets' have worked in favour of his state

Madhya Pradesh attracts intentions of Rs 15.42 trillion in investment

State gives automatic clearance to select industries on possession of land, says CM

Cerberus drops purchase of Apollo's Unit after Arcion Revitalization deal

The US firm's Indian arm decided not to proceed with the deal in October after agreeing to acquire Arcion Revitalisation Pvt. for about 2 billion rupees ($24 million)

Will the current reopening of Chinese economy end India's outperformance?

A decisive transition may help pull consumer and business sentiment away from near-record lows, shake the property market out of its slumber and accelerate auto sales

Investors look to emerging markets as US dollar tumbles: Analysis

As the US dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the greenback

Govt likely to roll back states' ability to borrow more, says report

New Delhi has already stopped compensating states for the switch to the Goods and Services Tax regime from this year

Madhya Pradesh set to organise global investors summit in Indore

CM Shivraj Singh Chouhan said MP's policy of providing facilities to investors was the best in the country. The state government has committed itself to extending full cooperation to investors

Global investors bullish on Indian equities market despite 86% premium: UBS

Swiss brokerage UBS Securities said global investors are bullish on Indian equities market in spite of the 86 per cent premium it commands over emerging market peers and on the back of a 17 per cent outperformance so far this year. "India is one of only three markets to trade at a premium to its own history, (the other two being Thailand and the UAE)" despite it commanding an 86 per cent premium over its emerging markets peers, according to UBS Securities. In spite of the expensive valuations, most equity investors are quite optimistic, both from a cyclical and a structural perspective even though they see the economy losing the steam and printing in a 6.9 per cent growth this fiscal and a much lower 5.5 per cent next fiscal before settling at the long-run average of 6 per cent in FY25, UBS Securities said in a note on Tuesday. On Monday, its Wall Street rival Morgan Stanley said the Sensex would continue to outperform in 2023 with an average 10 per cent rally taking the benchmark .

Spat over format of Andhra Pradesh's capital city rattles global investors

The three-capital plan proposed by the YSR Congress implies a significant shrinkage of the Amaravati project.

Domestic buying powering Indian equities but stocks yet to feel tight money

After recent downgrades, stocks comprising the country's benchmark Nifty Index are forecast to deliver around 15% higher income over the next 12 months than at the start of 2020

Shardeum raises $18 mn in seed round from a clutch of 60 investors

WazirX founder Nischal Shetty, also co-founder Shardeum, says crypto world needs to work with regulatory bodies

Rothschild plans to hire 7 bankers in India before year-end for expansion

The expansion comes as India's dealmaking is bucking a global downturn driven by concerns over heightened inflation and a potential recession

Ontario Teachers' opens India office, hires Keki Mistry as advisor

The Mumbai office will target investments in India across all asset classes, including public and private equities, infrastructure, real estate, credit and venture and growth equity

UP drafts 'services export' policy to attract investors, earn forex

UP is targetting to increase merchandise exports to almost Rs 3 trillion in the next three years

Startups increasingly raising venture debt as investors fear funding winter

Most investors are more cautious in deploying capital towards growth businesses, especially in late-stage startup investments, which are key drivers in a funding cycle

Secret to enduring stagflation sends investors to emerging markets

Stocks and bonds of poorer nations have sunk this year amid Federal Reserve tightening and runaway consumer prices, and may sell off even more if the global economy stalls