'At this point, it does not appear to be a Lehman Brothers kind of crisis, which had a domino effect on the financial system.'
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Investors turn their attention to export-driven sectors.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Move to improve transparency but make liquidity more difficult to come by
Companies from the capital goods space will under-perform.
The strong domestic growth for new vehicle sales during 2008-12, which witnessed a compounded annual growth rate of 14 per cent, led to an increased inventory of used cars, thanks to trade-ins.
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