The powerful rallies in Indian and Japanese equities as China's market has slumped have reset Asia's financial-market landscape
The Association of Mutual Funds in India (Amfi) has written to fund houses, asking them to undertake stress tests of small-cap and mid-cap schemes and disclose the reports on their websites
The nation's market, currently the world's fifth largest at $4.5 trillion, briefly overtook Hong Kong last month. Still, its weight in global stock indexes is below 2%
Sundaram Alternates Assets (SAA), the private equity arm of Sundaram Finance Group, plans to raise about Rs 1,000 crore from global investors to fund green real estate projects in India. "This move reflects our commitment to build on our own track record, depth of underwriting and risk management skills in the ever-evolving landscape of Indian real estate credit market," Sundaram Alternates Assets managing director Vikaas M Sachdeva told PTI here. In the past year, SAA has not only re-engineered its high-yield credit funds to generate real alpha from its performing credit business but has also adopted a robust ESG and climate impact framework as a significant investor initiative, he said. The firm is currently in the process of raising money from global investors including NRIs in the Gulf region through its Series IV real estate credit fund. "We are expecting to close the fund (Series IV real estate credit fund) at between Rs 1,000-1,200 crore to fund green real estate projects,"
Sekhon says India's low-correlation with other key markets makes it an ideal bet for diversification
Among the investors, Tata Power ranked on the top by signing deals to invest Rs 70,000 crore to come up with 10 gigawatt (GW) solar and wind units in Tamil Nadu over a period of five to seven years
Global investors have been cautious this year to put money into Indian real estate, as private equity inflow is down 44 per cent till December 12 to USD 3 billion compared to the entire previous year, according to Knight Frank. Real estate consultant Knight Frank India on Thursday released its data showing that the Indian real estate market received USD 3,024 million in PE investments from 23 deals between January 1 and December 12 this year, as against USD 5,357 million recorded in 2022. Global geopolitical uncertainties and a high interest rate environment with multiple rate hikes from the US Federal Reserve and the Central Bank of Canada have curbed investment activities from US and Canada, the consultant said, explaining the reason behind the slump. However, PE investments from Singapore have improved significantly, contributing more than 50 per cent to the total inflow. In terms of segments of the Indian real estate market, office assets took the lead with a 58 per cent share
Prime Minister Narendra Modi on Friday inaugurated the Uttarakhand Global Investors Summit 2023 at the Forest Research Institute here. The two-day summit aims to promote the hill state as a major investment destination. He also launched the House of Himalayas brand to promote local products and increase the income of self-help groups. Preparations for the summit have been going on for months. It is being attended by more than a thousand investors and delegates from across the country and abroad. The target of the summit was to sign MoUs worth Rs 2.5 lakh crore, but it has already exceeded that limit to reach around Rs 3 lakh crore in the run-up to the event, which saw various roadshows being held by Dhami in India's metro cities as well as London, Birmingham in the UK, Dubai and Abu Dhabi.
Colliers data also shows institutional investment in real estate soared 27 per cent year-on-year in the first nine months of 2023
Consumer goods industry has struggled for more than two years with soaring costs
Overseas funds have stepped up the selling pressure following the US Federal Reserve's indication that interest rates will stay higher for longer
Uttarakhand Chief Minister Pushkar Singh Dhami on Tuesday morning reached London Airport to attract investors for the upcoming state Global Investor Summit slated to be held in Dehradun in December
Majority of foreign institutional investors' holdings concentrated in biggest private banks
Long-term investors who want near-certain returns may opt for a target maturity fund that invest in gilts
Move could be a precursor to further dilution of stake in the insurance major
Good Host Spaces is jointly owned by Goldman Sachs and Warburg Pincus
Overall investment across sectors remains higher in 2022-23 than before
Investors are looking to mark down the valuations of top Indian tech firms in the range of 20 per cent to 50 per cent, according to analysts
Adani investment of Rs 15,446-crore is 2% of its total exposure
Jain made it clear that he is always looking to "exploit the mispricing of long-tailed assets"