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Indian bond yields are headed higher as price pressures are unlikely to abate soon, according to Aditya Birla Sun Life AMC Ltd.
Aditya Birla Sunlife Mutual Fund believes consumer stocks offer stability & steady growth and doesn’t expect valuations to correct too much.
Birla’s hunger for deals comes from his optimism about India’s economy, which he likened to an elephant that’s starting to run.
India’s bankruptcy code is new, and it’s a well-worn tradition of common law for new legislation to be made roadworthy by litigation, both real & frivolous