'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.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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