Realty firm Macrotech Developers said it has partnered with Morgan Stanley Real Estate Investing to develop a premium warehousing project near Mumbai with an investment of Rs 600 crore.
Morgan Stanley has started coverage on the digital payments startup with an overweight rating and a price target of 1,875 rupees, which implies 43% upside from Tuesday's close
Inflation, winding down of stimulus from major central banks such as the US Fed and the ECB, developments in China and the impact of the new Covid variants, if any, are some of the key risks
This round of funding will support Fast&Up and Chicnutrix to expand their domestic presence, enhance manufacturing capabilities and accelerate momentum globally
M&A activity by Indian companies rose to $61 billion in 2021 as compared to $56.7 billion reported in calendar 2020
Those at Morgan Stanley, too, are upbeat on the region's growth rate. Vaccination, easing of Covid-led travel restrictions and releasing pent-up demand, they believe, will help economic recovery
The research and brokerage house had recently downgraded India to equal-weight in their global emerging markets (GEMs) country portfolio.
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Served for 25 years, is currently head of emerging markets and chief global strategist at the firm
Despite downgrading India, the global research and brokerage house remains 'structurally bullish' on Indian equities and is looking for stock-level opportunities to hold exposure
CLSA, Goldman Sachs latest to highlight concerns
Sharma joined Morgan Stanley Investment Management in 1996 and is the author of bestsellers including 'Breakout Nations' in 2012
Sentiment was further dented with Morgan Stanley becoming the latest foreign brokerage to sound caution on the domestic market
Is the latest global brokerage to either downgrade India or recommend higher allocation to other Asian markets
The S&P BSE Sensex slid 1.9% in its biggest loss since April 30
Morgan Stanley's downgrade follows similar moves by Nomura and UBS
Morgan Stanley figures it has saved legal staffers 50,000 hours of work and $10 million in attorney fees by using robot Libor lawyers instead of only the human kind
She joins Morgan Stanley from JP Morgan Chase India where she was the head of Global Finance and Business Management and is a certified chartered accountant
Morgan Stanley said it believes Tata Motors will see the highest operating and financial leverage gains
Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock