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.
HDFC plans to sell the shares in HDB Financial Services Ltd. and raise about Rs 100 billion, generating funds that will help it expand lending amid a crunch faced by shadow banks.
BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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