'An interest rate hike in Japan, was the initial catalyst, this was compounded by fears of a recession in the USA after extremely poor jobs data,' said Santosh Meena, Head of Research, Swastika Investmart Ltd.
KKR, which jointly holds Serentica with billionaire Anil Agarwal’s Twinstar Overseas Ltd, had committed to invest $400 million in the company in November.
By Bharath Rajeswaran BENGALURU (Reuters) - Inflows into Indian equity mutual funds jumped over 25% sequentially to 156.86 billion rupees ($1.91 billion) in February, the highest in nine months, data
Despite being India’s most valuable lender, HDFC Bank so far hasn’t been able to exploit its strong balance sheet to make inroads into this competitive market.
In India, Nomura expects equal revenue contributions from equity capital markets, mergers, acquisitions & financing. More initial public offerings are also expected this year.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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