In a report released this week, Morgan Stanley said India in 2023 has made significant progress on various economic metrics compared to where it stood in 2013.
Sundareswaran will be heading Morgan Stanley’s M&A business in the country and will also be leading financial sponsors coverage, people familiar with the matter have said.
The firm, which was founded in India & moved to Silicon Valley, boosted revenue about 40% last year after pandemic forced businesses to go digital. Its sales continue to grow in 2021.
One of India’s most powerful women in business, de Sequeira, who died of cancer Thursday, led various key deals such as Facebook and Google’s investments into Jio Platforms.
In an outlook for 2021, Morgan Stanley recommended investors overweight equities and corporate bonds against cash & government debt, and sell the US dollar.
Predicting a ‘sharp but short’ recession, Morgan Stanley economists said they expect global GDP growth will recover to 3% by the first quarter of 2021.
SC ruling allowing ArcelorMittal’s purchase of Essar Steel puts banks in better position to get money back from insolvent companies, Morgan Stanley says.
India’s policy on Myanmar has been to deal with its Generals and maintain a distance from the country’s insurgent groups and political struggles. This will have to change.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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