Page 3 - Global Investors

Our promise is to reform, you promise to perform: PM Modi tells India Inc

While people in most countries that went to polls this year voted for a change, Indians preferred continuity, political stability and economic growth, Prime Minister Narendra Modi said on Saturday, asserting that a new neo-middle class is driving the country's progress. Addressing the ET World Leaders Forum, Modi said the country is writing a unique success story, and the impact of its reforms is visible in the economy's performance. He said the world's prosperity lies in India's prosperity, adding that his government wanted more companies to become global brands and the country to become a leader in every sector. Addressing investors, he promised facilitation, reforms, a stable policy regime and high growth, and asked them, in turn, to promise innovation, performance, positive disruption and high-quality products. He described the unfolding third decade of this century as an era of the country's lift-off which will benefit everyone. Today's India is a land of opportunity, he ...

Sebi cautions investors against SME companies doing price manipulation

Amid certain SME companies resorting to share price manipulation by projecting an unrealistic picture of their operations, Sebi on Wednesday cautioned investors against putting their money in scrips of such firms. Sebi, in a statement, said it has come to its notice that post-listing, some of the SME companies or their promoters have been making public announcements that create a positive picture of their operations. Such announcements are followed by various corporate actions like bonus issues, stock splits and preferential allotments. The actions create a positive sentiment amongst investors, which induces them to purchase such securities. Simultaneously, this also presents an easy opportunity to the promoters to offload their holdings in such companies at elevated prices. "Sebi urges investors to be careful and watchful of the aforesaid patterns and exercise caution while investing in such securities. Further, investors are advised to not rely on unverified social media posts and

Nvidia stake trimmed by veteran tech investor Paul Wick on business risks

Nvidia trades at 43 times projected earnings over the next year, a richer valuation than all but one of its peers in the Philadelphia Semiconductor Index

Citigroup sees India's allure enticing global bond funds to stay put

India's debt yields are higher than China's or the US, and its economy is the fastest-growing among the Group of 20. There's little reason for active investors who've poured money in to reverse course

Global investors lift India's derivative holdings to record $101 bn

Foreign funds' open interest, or the number of contracts outstanding in value terms, reached 8.4 trillion rupees ($101 billion) on the National Stock Exchange Tuesday

Asia's market reset: 'Expensive' India lures investors avoiding China risks

The powerful rallies in Indian and Japanese equities as China's market has slumped have reset Asia's financial-market landscape

Sebi mutual fund stress test: A must watch for all new investors

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

India's stock market value to reach $10 trillion by 2030, says Jefferies

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 looks to raise Rs 1,000 cr from global investors

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,"

Global investors willing to pay premium for India story: Manraj S Sekhon

Sekhon says India's low-correlation with other key markets makes it an ideal bet for diversification

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

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

PE inflow in real estate declines 44% to $3 bn so far in 2023: Knight Frank

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

PM Modi inaugurates Uttarakhand Global Investors Summit in Dehradun

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.

'Indian real estate most preferred in Asia-Pacific for global investors'

Colliers data also shows institutional investment in real estate soared 27 per cent year-on-year in the first nine months of 2023

Unilever CEO Schumacher's strategy plan fails to excite investors: Report

Consumer goods industry has struggled for more than two years with soaring costs

Markets hit 4-week lows on FPI selloff; Sensex ends 610 points lower

Overseas funds have stepped up the selling pressure following the US Federal Reserve's indication that interest rates will stay higher for longer

CM Dhami reaches London to invite industrialists to Global Investor Summit

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

Global investment in Indian banks to continue on robust finances: S&P unit

Majority of foreign institutional investors' holdings concentrated in biggest private banks

Longer-duration debt funds: Tactical bets are for high risk takers

Long-term investors who want near-certain returns may opt for a target maturity fund that invest in gilts

Centre initiates talks with global investors over LIC business prospects

Move could be a precursor to further dilution of stake in the insurance major