Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with Vaihayasi Pande Daniel listening in. This is a final of a three-part feature.
Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with Vaihayasi Pande Daniel listening in. This is a second of a three-part feature.
Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with Vaihayasi Pande Daniel listening in. This is a first of a three-part feature.
Jayesh Gandhi, executive director, Morgan Stanley Investment Management in an interview with Business Standard, says Indian equities continue to remain a long-term bull story based on the growth prospect for the country and, hence, in a way cannot be ignored by global investors.
After 13 years, Morgan Stanley Investment Managers on Thursday launched its second fund, Morgan Stanley ACE (Across Capitalisations Equity) Fund, which will invest in a portfolio of equity and equity-related securities, including equity derivatives.
The Bangalore-based company had raised $200 million in July from existing investors.
PSU banks must be privatised, say experts.
The company did not disclose its new holding pattern.
The overall e-commerce opportunity in India and China is comparable, yet it's hard to see any single player in India emerging with Alibaba-like market share.
Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
A weak rupee, though seemingly good for exporters, would push up input cost further for Indian companies.
The study claims that from its peak of 18 per cent of gross domestic product in 2008, the crony capitalists' wealth is now down to three per cent
Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.
Gains in auto shares helped offset losses in select index heavyweights led by Infosys.