International and Emerging Markets Blog

Indian economy continues despite weaker monsoons and inflationary pressures

Wednesday, October 21, 2009 | Posted by: Grant Summers
Categories: | Tags: India, economy, India Watch, South Asia Group, GDP, South Asia, economic, Capital Markets, Indian Economy, FTSE, monsoon

The third quarter of 2009, often the quietest quarter of the year due to summer vacations, saw continued growth across both developed and emerging markets.

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The Indian Gold Rush and AIM

Wednesday, October 21, 2009 | Posted by: Saurabh Mukherjea
Categories: | Tags: India, AIM, India Price Index, South Asia, Capital Markets, Indian Economy, London Stock Exchange, Alternative Investment Market, Noble and Company Limited, Saurabh Mukherjea, Sectors

The Indian economy grew by more than 6% last year and is likely to repeat that performance again this year. Unsurprisingly therefore, global investors are running to invest in the Indian stockmarket. In the six months since March 2009, $13.7bn of foreign equity capital has entered India. This is equal to the figure that entered India in the whole of FY08, a year which was hitherto viewed as the high watermark of foreign investor interest in India.

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Grant Thornton trailblazer shortlisted for prestigious Asian Jewel Awards

Tuesday, October 20, 2009 | Posted by: Grant Thornton
| Tags: India,, Anuj Chande,, South Asian origin,, Asian Jewel Award,, Deepak Malhotra,

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Deepak Malhotra, director within the Entrepreneurial Services team at Grant Thornton has been shortlisted for the prestigious Lloyds TSB Asian Jewel Awards under the ‘Professional Excellence’ category.  The category aims to celebrate the success and achievements of British Asian professionals working within legal, finance and management professions.

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What does China have to offer UK-based or other overseas investors?

Tuesday, August 18, 2009 | Posted by: Stephen Weatherseed
Categories: China | Tags: china, business, ,financial, market performance, stock market emerging markets, London stock exchange, Chinese companies, AiM, alternative investment market,

“China used to be seen as the best place for low cost manufacturing, but increasingly with their labour costs rising, this has ceased to be the main driver. Instead, it is the prospect of being able to target the huge population, with its increasing wealth and burgeoning middle-classes with all the aspirations that go with that, that is now more of the attraction. So providing product - which may well be manufactured in China- tailored to the local marketplace, ideally with a recognisable foreign brand name, is very much the focus for investment.” Says Stephen Weatherseed, Head of the China Group at Grant Thornton

Find out more of Stephen’s view of doing business with China ....

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China companies seek London code

Monday, August 10, 2009 | Posted by: Grant Thornton
Categories: China | Tags: Corporate Governance

A City group is campaigning to get China companies to subscribe to an equivalent of the ‘Kitemark’ scheme
Moves are afoot to establish an urgently needed new corporate governance code for Chinese and China-focused companies listed in London. Spearheaded by John McLean, chairman of AIM-quoted China Food Company, the campaign will seek to remove what is perceived as a damaging level of mistrust obliging many companies to trade at a discount to their peers and making deals and money raising harder and more expensive.

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Chinese Aim Firms Outperform Stock Market In 2009

Friday, August 07, 2009 | Posted by: Stephen Weatherseed
Categories: China | Tags: china, business, ,financial, market performance, stock market emerging markets, London stock exchange, Chinese companies, AiM, alternative investment market,

AIM-listed companies with significant operations in China are outperforming both the FTSE 100 and the AIM ALL-SHARE indices in 2009, according to Grant Thornton.

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India watch issue 5 - Indian stocks gather pace despite economic slowdown

Monday, July 13, 2009 | Posted by: Grant Summers
Categories: | Tags: India, LSE, South Asia Group, AIM, India Price Index, Fiona Owen, Capital Markets, KSK, India Hospitality Corp, Cross border

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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India watch issue 5 - Indian M&A looking for stability after recent flux

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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India watch issue 5 - India’s global economic position

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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India watch issue 5 - New report highlights opportunities for UK PLC in Indian emerging cities

Monday, July 13, 2009 | Posted by: Grant Thornton
Categories: | Tags: India, investment, Emerging cities, Ishara Bhasi Callan, UKIBC, aim, UK India Business Council

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