International and Emerging Markets Blog
Monday, July 13, 2009 | Posted by: Grant Summers
Categories:
| Tags: India,
LSE,
South Asia Group,
India Price Index,
AIM,
Capital Markets,
Fiona Owen,
KSK,
Cross border,
India Hospitality Corp
Grant Thornton’s latest India Watch index reveals Indian companies listed on the London Stock Exchange (LSE) are collectively outperforming the FTSE 100 and continue to outperform AIM 100, AIM all-share and AIM 50 markets.
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Monday, July 13, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
offshore,
global,
M&A,
South Asia Group,
Grant Thornton India,
Anuj Chande,
Alex Wright,
Cross border,
Pankaj Karna
Whilst M&A markets are usually less prone to instability than recession hit equity markets, recently the Indian M&A sector’s combined deal values have fluctuated dramatically. Combined deal values stood at US$970.85m in January, falling substantially to US$243.66m in February, before unexpectedly climbing steadily in March and April and finally dropping to a period-low of US$118.83m in May.
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Monday, July 13, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
investment,
global,
infrastructure,
South Asia Group,
GDP,
Capital Markets,
Alex Wright,
Indian Economy,
Robert Beenstock,
India elections
The second quarter of 2009 saw a flurry of activity in India on both the political and economical stages. On 16 May 2009, India announced the results of its 15th Lok Sabha national elections and the historic re-election of the Congress-led United Progressive Alliance (UPA) party. The unexpected result was seen as a very positive development by Indian investors, who consequently piled into the stock market, sending the Bombay Stock Exchange Sensex Index soaring by 17%. Unfortunately, the rally was cut short after unprecedented trading volatility led regulators to shut the Exchange down for the remainder of the day, but the underlying cause of this rally was not lost - many people throughout India and abroad saw the re-election of the UPA party as a significant long term benefit to the country.
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Monday, July 13, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
global,
India's Infrastructure,
Government and Advisory Services,
PFI,
Vikesh Mehta,
Amit Jain,
PPP,
infrastructure,
Grant Thornton India,
deals,
aim,
GDP,
Indian Economy
Vikesh Mehta, Partner & Amit Jain, Director - members of Grant Thornton India’s Government & Infrastructure Advisory team, discuss how India is working towards improving its infrastructure repertoire.
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Monday, July 13, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
LSE,
South Asia Group,
Anuj Chande,
AIM,
Capital Markets,
Fiona Owen,
Indian Economy,
India Hospitality Corp,
Nomad,
Client Case Study
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Saturday, January 10, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
economy,
India Watch,
investing,
Abhishek Sharman,
IEP Advisors Private Ltd
Going into 2009, India appears more attractive than most other nations as a destination for investing capital. The economy is growing, is less dependent on exports and has sufficient head room on most “per capita” metrics to support continued interest from the investor community. The country does have its challenges- it has a fiscal deficit situation to take care of and looks destined to have a weak coalition government in the next elections; but the corporate will and strong domestic consumption should be able to tide the country through the challenges of the current economic environment.
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Friday, January 09, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
investment,
global,
Colin Johnson,
frauds,
India Watch,
protecting,
LSE,
South Asia Group
The start of 2009 has seen a number of high profile company frauds around the world. India was also not immune from this with its own high profile cases.
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Thursday, January 08, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
investment,
economy,
global,
India Watch,
LSE,
South Asia Group,
aim,
economic,
Alex Wright,
FTSE,
Robert Beenstock
With the first quarter of 2009 now over, we have had the opportunity to develop a greater understanding of the global economic turmoil and the extent of its effects on India and the rest of the world.
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Wednesday, January 07, 2009 | Posted by: Grant Thornton
Categories:
| Tags: India,
investment,
global,
India Watch,
infrastructure,
South Asia Group,
deals,
Anuj Chande,
value,
Pankaj Karna
The decline of the global economic environment has had a predictably negative effect on Indian Merger & Acquisition (M&A) activity. M&A deal volumes and values fell in the first 2 months of the year in comparison to the corresponding periods over 2008 and 2007. The total number of M&A deals in this period stood at 35 - down from 99 in 2008. With the fall in the volume of deals, there has also been a fall in the value. In the first 2 months of the year, the total value of the 35 deals stood at $1.2 billion - down from $4.6 billion over the same period in 2008.
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