International and Emerging Markets Blog

Sustained growth expected for India economy

Wednesday, April 13, 2011 | Posted by: Grant Summers
Categories: India, India Watch Issue 12 | Tags: business, tax, India, finance, economy, Grant Thornton, governance, growth, India Watch, UK, infrastructure, GDP, economic, Capital Markets, Alex Wright, Indian Economy, inflation, IT

Over the first quarter of 2011, the World’s economies witnessed a number of significant set-backs in their growth stories. The recent natural disasters suffered by Japan and New Zealand, coupled with the on-going political turmoil in the Middle-East, have created an unsettled start to the year.

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New M&A wave witnessed by India Inc.

Wednesday, April 13, 2011 | Posted by: Grant Thornton
Categories: India, India Watch Issue 12 | Tags: business, India, finance, investment, economy, Grant Thornton, global, growth, India Watch, UK, Grant Thornton India, international, deals, economic, Indian Economy, sectors, IT, India Economy

During the first quarter of 2011, India witnessed 143 merger and acquisition (M&A) transactions compared to 188 in the corresponding quarter of 2010. M&A transaction values for the period were estimated at US$17.88bn (Q1 2010 equaled US$17.44bn).

In Q1 2011, there was 60 cross-border transactions of which 26 were inbound transactions (into India) with a total value of US$13.75bn. Whereas, in comparison to Q1 2010 there were 69 cross-border transactions of which 23 were inbound with a value of US$1.12 bn.

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India Union Budget 2010-11: A reflection

Tuesday, April 12, 2011 | Posted by: Grant Thornton
Categories: India, India Watch Issue 12 | Tags: business, tax, India, finance, investment, economy, Grant Thornton, global, governance, growth, India Watch, UK, infrastructure, South Asia Group, Grant Thornton India, GDP, South Asia, economic, inflation, IT

The Union Budget 2010-11 was tabled in the backdrop of an improving economic scenario both within India and globally, but fiscal consolidation and expenditure discipline have still been rightly treated as the foremost priorities in this budget.

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Grant Thornton Index shows strength against other indices

Tuesday, April 12, 2011 | Posted by: Grant Summers
Categories: India, India Watch Issue 12 | Tags: business, India, finance, investment, economy, Grant Thornton, growth, India Watch, UK, LSE, infrastructure, South Asia Group, Grant Thornton India, aim, South Asia, Capital Markets, Fiona Owen, FTSE, IT, India Economy

For the first quarter of 2011, the Grant Thornton India Watch Index* made a 1.19% gain, which proved to be the only index to perform positively in the quarter in comparison to the FTSE100, FTSE ASEAN, FTSE AIM All-Share, FTSE AIM 100 and FTSE AIM UK 50. 

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India business optimism soars but skills shortage threatens growth

Tuesday, April 12, 2011 | Posted by: Grant Thornton
Categories: India, India Watch Issue 12 | Tags: business, India, investment, economy, Grant Thornton, global, China, growth, India Watch, Grant Thornton India, international, emerging markets, IBR, economic, Indian Economy, inflation, International business report, IT, India Economy, BRIC

According to the latest results of the Grant Thornton International Business Report* (IBR) over Q4 2010 and Q1 2011 92% of Indian senior executives surveyed said they had an optimistic outlook for their country’s economy over the next 12 months, the second highest result globally, and an 8% rise from 12 months ago. Only Chile was more optimistic at 95%.

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