http://economictimes.indiatimes.com/
Predictions & tips for '08
Emerging sectors lure away executives from IT sector
India Inc to face retention issues in 2008
Bollywood rakes in Rs 4 bn profit in 2007
Tata wants to retire after Rs one-lakh car launch
Shemaroo inks $6.6 mn satellite deal with Zee TV
Starbucks products enter India through tie-up with PVR
Forex reserves to touch $300 bn in '08
Gini & Jony mulls IPO to raise funds
Metal, energy, engg gainers in '07
Mkts likely to scale new peaks in '08
Fortune 500 cos hiring tech-savvy, hybrid marketers
Sun Direct, 5 new channels mark the year 2007 in TN
Markets didn't disappoint investors in 2007
Metal, energy, engineering shares dazzle in 2007
IIM-A once again: Sunday ET B-School survey
Who's hot & not: Captains of Indian industry speak
Captains of industry vote for infrastructure, retail and telecom
What will be interest rate outlook in 2008?
Mutual fund performance
When the debt market made hay
New fund offers in 2008
Modes of issuance of shares
Know the options available for investors in MFs
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
This blog is for providing daily news of Corporate Indian Stories, Corporate Results, Equities, MFs, Banking,Insurance, Brokerages Informations, World Business, Venture Capital, Angel Investors, BSchools, MBAs,Jobs, Politics & something Interesting.Our team will be grateful to the owners of various Indian/world/govt sites to refer their sites to get INFORMATION without objection.Request viewers to make verification about the information. Blog is not responsible for any faulty information.
30 December 2007
Share Tips, Job alerts, Blog updates etc
http://www.kpowave.blogspot.com
Current Vacancies:
1)Investment research2)Quantitative research
Investment Research duties include:
Write investment research reports
Build and maintain sophisticated models to forecast financial results of international companies
Persuasively articulate investment ideas to clients
Undertake special projects requiring Internet and screen-based research
Quantitative Research
In addition, we have openings for Quantitative Analysts / AVPs who have specific skills/aptitude for computer programming, statistical analysis and mathematical modeling areas. For such people knowledge and qualifications in financial field is not mandatory but preferable.
More @ Amba Research-Investment Analyst Openings
---------------------------------------------------------------------------------
Company:Axis Holdings Pvt. Ltd.
Company Requirement:Only exceptional candidates with demonstrated initiatives, positive attitude, drive to grow and academic accomplishments are advised to apply. Only short-listed applicants will be notified and called for interview at time of mutual convenience and at our expense.
Kindly include details of your academic qualifications and performance, location preference, detailed career objectives and current compensation along with two relevant references and details of valid passports. Please quote the relevant position codes on the subject heading of your email and submit your applications to careers@axisholdings.inFor Position vacant code and other details visit:http://www.axisholdings.in/careers.htm
More @ Axis Holdings Pvt. Ltd. Investment Analyst Openings
-------------------------------------------------------------------
Company:Lanxess ABS Ltd.
Industry:Petrochem - Polymers
Target Price:Rs. 300.00PE Ratio:13.11
Recommendation:Outperformer
More about @ Lanxess ABS Ltd. Stock Analysis
------------------------------------------------------------------
Parsvnath Developers Ltd-Stock Analysis
Company:Parsvnath Developers Ltd.
Industry:Real Estate (Diversified)
More Parsvnath Developers Ltd-Stock Analysis
------------------------------------------------------------------
Listed are some of the companies which promise to make it big in the next year and also in the years to come.These companies are selected purely on basis of fundamentals,the efficiency of the management and the potential the sector holds.These companies will typically suit long term investors who look for big capital gains in the long term.
The big 5 companies in my opinion are:
Multibagger Stock Picks for 2008
--------------------------------------------------------------------
Company:Axon Infotech Ltd.
Industry:Computers - Software
Recommendation:Performer
12 Month Target price:Rs. 100
More @ Axon Infotech Ltd.
---------------------------------------------------------------------
Company:Kolte-Patil Developers Ltd.
Industry:Construction and Contracting - Real Estate
Recommendation:Outperformer
12 month Target Price:Rs. 400.00
More @ Kolte-Patil Developers Ltd Stock Analysis
------------------------------------------------------------------------
Source: http://www.kpowave.blogspot.com and authors other web sources. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Current Vacancies:
1)Investment research2)Quantitative research
Investment Research duties include:
Write investment research reports
Build and maintain sophisticated models to forecast financial results of international companies
Persuasively articulate investment ideas to clients
Undertake special projects requiring Internet and screen-based research
Quantitative Research
In addition, we have openings for Quantitative Analysts / AVPs who have specific skills/aptitude for computer programming, statistical analysis and mathematical modeling areas. For such people knowledge and qualifications in financial field is not mandatory but preferable.
More @ Amba Research-Investment Analyst Openings
---------------------------------------------------------------------------------
Company:Axis Holdings Pvt. Ltd.
Company Requirement:Only exceptional candidates with demonstrated initiatives, positive attitude, drive to grow and academic accomplishments are advised to apply. Only short-listed applicants will be notified and called for interview at time of mutual convenience and at our expense.
Kindly include details of your academic qualifications and performance, location preference, detailed career objectives and current compensation along with two relevant references and details of valid passports. Please quote the relevant position codes on the subject heading of your email and submit your applications to careers@axisholdings.inFor Position vacant code and other details visit:http://www.axisholdings.in/careers.htm
More @ Axis Holdings Pvt. Ltd. Investment Analyst Openings
-------------------------------------------------------------------
Company:Lanxess ABS Ltd.
Industry:Petrochem - Polymers
Target Price:Rs. 300.00PE Ratio:13.11
Recommendation:Outperformer
More about @ Lanxess ABS Ltd. Stock Analysis
------------------------------------------------------------------
Parsvnath Developers Ltd-Stock Analysis
Company:Parsvnath Developers Ltd.
Industry:Real Estate (Diversified)
More Parsvnath Developers Ltd-Stock Analysis
------------------------------------------------------------------
Listed are some of the companies which promise to make it big in the next year and also in the years to come.These companies are selected purely on basis of fundamentals,the efficiency of the management and the potential the sector holds.These companies will typically suit long term investors who look for big capital gains in the long term.
The big 5 companies in my opinion are:
Multibagger Stock Picks for 2008
--------------------------------------------------------------------
Company:Axon Infotech Ltd.
Industry:Computers - Software
Recommendation:Performer
12 Month Target price:Rs. 100
More @ Axon Infotech Ltd.
---------------------------------------------------------------------
Company:Kolte-Patil Developers Ltd.
Industry:Construction and Contracting - Real Estate
Recommendation:Outperformer
12 month Target Price:Rs. 400.00
More @ Kolte-Patil Developers Ltd Stock Analysis
------------------------------------------------------------------------
Source: http://www.kpowave.blogspot.com and authors other web sources. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
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Stock Picks for 2008
Gandhi Special Tubes, Mannapuram Finance
Mahindra and Mahindra
Weekly Technicals
Canara Bank
BFSI - Brokerages
PSL
IPO Performance - 2004 to 2007
Say Cheese - Ajit Dayal - Equitymaster
Savera Industries
Long term investors can continue to buy on correction
Bullish outlook on the market
Market may hit new highs
Punj LLoyd
ENIL
Amtek Auto
HCL Infosystems
Gujarat Apollo Industries: Hold
2007...Textile Industry
2007..Highlights of ‘Food Sector’
2007...Steel production expected to touch 55.5 mn tons in FY08
2007…Unprecedented growth of ‘Telecom Sector’
2007...Policies boost investment in Petrochemicals
DLF - second most valued private firm in India
Source: Above site. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Stock Picks for 2008
Gandhi Special Tubes, Mannapuram Finance
Mahindra and Mahindra
Weekly Technicals
Canara Bank
BFSI - Brokerages
PSL
IPO Performance - 2004 to 2007
Say Cheese - Ajit Dayal - Equitymaster
Savera Industries
Long term investors can continue to buy on correction
Bullish outlook on the market
Market may hit new highs
Punj LLoyd
ENIL
Amtek Auto
HCL Infosystems
Gujarat Apollo Industries: Hold
2007...Textile Industry
2007..Highlights of ‘Food Sector’
2007...Steel production expected to touch 55.5 mn tons in FY08
2007…Unprecedented growth of ‘Telecom Sector’
2007...Policies boost investment in Petrochemicals
DLF - second most valued private firm in India
Source: Above site. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Whos hot and not: Captains of Indian industry speak : ET
Who's hot & not: Captains of Indian industry speak
As 2007 comes to a close, India Inc wants to close all the chapters that were opened through the year. It, however, doesn’t want to forget the message each chapter held for it. But carry it to the New Year. SundayET commissioned a survey to global research firm, Synovate, to take a peek into the mind of corporate India. And corporate captains impressively turned out to be more global than the Indian themselves.
Infrastructure and education are the two big issues that majority of CEOs are willing to put their wager on. As many as 45% of Indian CEOs reckon infrastructure will be by far the biggest sector to watch out for in 2007 followed by retail (19%). IT & telecom remain the third big sector in the coming year with 14% CEOs voting for it. Much of this is backed by a full-blown debate raging over the inevitability of the sector for a speedier economic and industrial growth and the retail boom resonating all around. There’s an increasing feeling amongst all industry captains in India and abroad that opportunities the country offers within infrastructure and its allied sectors such as energy, software and telecommunications, are tremendous. Education and media & entertainment are others crucial sectors that cross the mind of 8% CEOs each.
Also Read
BizNext: Next Movers and Shakers
BizNext: Next Reality
BizNext: Next Change
BizNext: Next Winners
BizNext: Next Lever
BizNext: Gen-next
BizNext: Next Stage
BizNext: Next Concerns
Infrastructure may be an issue more specific to India, but Indian CEOs sound unison with their global counterparts in their concern for global warming and M&A, private equity, e-governance and other such issues. A 33% of CEOs polled cite global warming as the biggest concern in 2007 — in line with the global sentiments. Rest of the CEOs were clearly divided in their assessment of the biggest concern during the coming year with 19% and 18% noting inflation and fall of the UPA government as the biggest concern for 2007, respectively.
Others feel terrorism, talent crunch and natural calamities could also spoil the party for India Inc. Interestingly, most of the 125 corporate chiefs seemed to keep a wary eye on the political saga that might unfold during the year. This could be in the wake of ongoing differences amongst the biggest UPA allies — Congress and CPM — over the Indo-US nuclear deal. As many as 72% CEOs believe General Elections would be ushered in earlier than its scheduled 2009.
While 10% expect the election to be held early 2008, 30% and 32% feel they will happen in mid and late next year, respectively. Little wonder then 36% of the business leaders expect General Elections to be the biggest event to look out for in 2008. There were other 26% who feel that the launch of Tata’s one lakh car would be the big event and another 22% who point at Indo-US deal to be the landmark event for the next year. There’s a good news for the business environment in the country if CEO assessments are anything to go by. A buoyant stockmarket seems to have raised hopes amongst them. An overwhelming majority (55%) of the CEOs polled feel the Sensex will hover within 20,000-30,000 range, though there’s a small overzealous section (11%) that feels it could pierce 30,000 mark. The rest paint a more modest scenario with 29% CEOs saying the Sensex would remain within the 10,000-20,000 range.
Real estate and stocks remain the top choice for a significant sections of respondents. While 48% CEOs voted for the former as the best bet for investment in 2008, 23% said it would be stocks. Mutual fund has reasonable believers with 15% people calling it a good bet in 2008. FDI, joint ventures and M&As will continue to be hot currency in 2008, pretty much as in the current year. Almost 22% of CEOs believe FDI will maintain its momentum, 19% say M&As will remain in the news. Much of this sense may have come from big ticket M&As that have hit the headlines in the current year and the manner in which India Inc has pulled off some high profile acquisitions on the global platform. The trend is far from over for most CEOs polled.
However, amidst this exuberance, there’s a significant section which believes e-governance (17%) and inclusive growth (10%) will be hotly debated currency in 2008. The expectations from the Union Budget 2008 evoked a varied response from the CEOs whose biggest expectations ranged from higher allocations for health and education (30%) to exemption in income tax (29%). There are evenly divided groups that has sops for exports and lower duties as the biggest expectations from the government in 2008. While the bunch of CEOs contacted may have been divided on their expectations from the Budget, there was a clear tilt towards Reliance Industries as the company to watch out for in 2008. While as many as 43% of corporate heads polled Reliance Industries as the company to watch out for, 53% believe that Mukesh Ambani could be the businessman of 2008 followed by 26% for Ratan Tata.
Reliance Communications and Tata Motors followed as the second and third in companies to watch out for list. The skew in the survey begins to stand out as the question moves out of the business domain. An overwhelming majority (58%) of the CEOs polled feel Rahul Gandhi will be the newsmaker of 2008 followed by 29% for M S Dhoni. However, when the query focused on sports alone, Dhoni ruled amongst the CEOs. As many as 66% bet on him as the sportsperson to watch out for in the coming year. And that says a lot about popularity of cricket amongst the CEOs, although it’s golf that is strongly associated with them.
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
As 2007 comes to a close, India Inc wants to close all the chapters that were opened through the year. It, however, doesn’t want to forget the message each chapter held for it. But carry it to the New Year. SundayET commissioned a survey to global research firm, Synovate, to take a peek into the mind of corporate India. And corporate captains impressively turned out to be more global than the Indian themselves.
Infrastructure and education are the two big issues that majority of CEOs are willing to put their wager on. As many as 45% of Indian CEOs reckon infrastructure will be by far the biggest sector to watch out for in 2007 followed by retail (19%). IT & telecom remain the third big sector in the coming year with 14% CEOs voting for it. Much of this is backed by a full-blown debate raging over the inevitability of the sector for a speedier economic and industrial growth and the retail boom resonating all around. There’s an increasing feeling amongst all industry captains in India and abroad that opportunities the country offers within infrastructure and its allied sectors such as energy, software and telecommunications, are tremendous. Education and media & entertainment are others crucial sectors that cross the mind of 8% CEOs each.
Also Read
BizNext: Next Movers and Shakers
BizNext: Next Reality
BizNext: Next Change
BizNext: Next Winners
BizNext: Next Lever
BizNext: Gen-next
BizNext: Next Stage
BizNext: Next Concerns
Infrastructure may be an issue more specific to India, but Indian CEOs sound unison with their global counterparts in their concern for global warming and M&A, private equity, e-governance and other such issues. A 33% of CEOs polled cite global warming as the biggest concern in 2007 — in line with the global sentiments. Rest of the CEOs were clearly divided in their assessment of the biggest concern during the coming year with 19% and 18% noting inflation and fall of the UPA government as the biggest concern for 2007, respectively.
Others feel terrorism, talent crunch and natural calamities could also spoil the party for India Inc. Interestingly, most of the 125 corporate chiefs seemed to keep a wary eye on the political saga that might unfold during the year. This could be in the wake of ongoing differences amongst the biggest UPA allies — Congress and CPM — over the Indo-US nuclear deal. As many as 72% CEOs believe General Elections would be ushered in earlier than its scheduled 2009.
While 10% expect the election to be held early 2008, 30% and 32% feel they will happen in mid and late next year, respectively. Little wonder then 36% of the business leaders expect General Elections to be the biggest event to look out for in 2008. There were other 26% who feel that the launch of Tata’s one lakh car would be the big event and another 22% who point at Indo-US deal to be the landmark event for the next year. There’s a good news for the business environment in the country if CEO assessments are anything to go by. A buoyant stockmarket seems to have raised hopes amongst them. An overwhelming majority (55%) of the CEOs polled feel the Sensex will hover within 20,000-30,000 range, though there’s a small overzealous section (11%) that feels it could pierce 30,000 mark. The rest paint a more modest scenario with 29% CEOs saying the Sensex would remain within the 10,000-20,000 range.
Real estate and stocks remain the top choice for a significant sections of respondents. While 48% CEOs voted for the former as the best bet for investment in 2008, 23% said it would be stocks. Mutual fund has reasonable believers with 15% people calling it a good bet in 2008. FDI, joint ventures and M&As will continue to be hot currency in 2008, pretty much as in the current year. Almost 22% of CEOs believe FDI will maintain its momentum, 19% say M&As will remain in the news. Much of this sense may have come from big ticket M&As that have hit the headlines in the current year and the manner in which India Inc has pulled off some high profile acquisitions on the global platform. The trend is far from over for most CEOs polled.
However, amidst this exuberance, there’s a significant section which believes e-governance (17%) and inclusive growth (10%) will be hotly debated currency in 2008. The expectations from the Union Budget 2008 evoked a varied response from the CEOs whose biggest expectations ranged from higher allocations for health and education (30%) to exemption in income tax (29%). There are evenly divided groups that has sops for exports and lower duties as the biggest expectations from the government in 2008. While the bunch of CEOs contacted may have been divided on their expectations from the Budget, there was a clear tilt towards Reliance Industries as the company to watch out for in 2008. While as many as 43% of corporate heads polled Reliance Industries as the company to watch out for, 53% believe that Mukesh Ambani could be the businessman of 2008 followed by 26% for Ratan Tata.
Reliance Communications and Tata Motors followed as the second and third in companies to watch out for list. The skew in the survey begins to stand out as the question moves out of the business domain. An overwhelming majority (58%) of the CEOs polled feel Rahul Gandhi will be the newsmaker of 2008 followed by 29% for M S Dhoni. However, when the query focused on sports alone, Dhoni ruled amongst the CEOs. As many as 66% bet on him as the sportsperson to watch out for in the coming year. And that says a lot about popularity of cricket amongst the CEOs, although it’s golf that is strongly associated with them.
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Movers and Shakers 2008 : ET
Rahul Gandhi The Congress' rout in UP has made Gandhi Jr a more determined person. Shedding his inhibitions in formally taking up party responsibilities, Rahul Gandhi finally agreed to be a general secretary of the party in-charge of frontal organisations like NSUI and Youth Congress. For Congressmen, he is not just another promising young face, but the future leader and contender for the country's top political post.
Mukesh Ambani Will he, won't he? Bagging The Economic Times Business Leader of the Year Award for bouncing back from the family split to drive his company on a bold new growth path, Mukesh Ambani has wealth valued at $49 billion, making him the second richest Indian behind steel tycoon Lakshmi Mittal. In 2008, the country’s premier industrialist will be seen directing his sprawling business operations that include petrochemicals, oil refining, textiles, retail, and biotechnology, to more dizzying highs....
More about this article
Movers & Shakers 2008
Check out the next movers and shakers
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Mukesh Ambani Will he, won't he? Bagging The Economic Times Business Leader of the Year Award for bouncing back from the family split to drive his company on a bold new growth path, Mukesh Ambani has wealth valued at $49 billion, making him the second richest Indian behind steel tycoon Lakshmi Mittal. In 2008, the country’s premier industrialist will be seen directing his sprawling business operations that include petrochemicals, oil refining, textiles, retail, and biotechnology, to more dizzying highs....
More about this article
Movers & Shakers 2008
Check out the next movers and shakers
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
India likely to remain the hot pick for world : ET
India likely to remain the hot pick for world
In the age of globalisation, saying no to foreign money is almost unheard of. But in a rare instance, the Indian government led by finance minister Palaniappan Chidambaram has been campaigning hard to curb foreign inflows into the Indian market. After all, foreign money has been relentlessly chasing the Indian growth story. Out of the $68 billion that foreign institutional investors (FIIs) have been pumping into India, as high as $16 billion have entered into the Indian market this year alone. Even in foreign direct investments (FDIs), about $30 billion is expected to land up in India, up from last year’s $19 billion, including reinvested earnings. The forex reserves have been surging, and it has crossed $270 billion.
By now, the India story is fairly well known to the rest of the world. A trillion-dollar economy with a GDP growth rate of 9% or so, India has been the hot favourite among emerging markets, thanks to its strong fundamentals, transparent policy framework and vibrant corporate sector. Yet, the highs of 2007 could result in major challenges in the year 2008. The big question here is whether India will be able to grow at the same pace while coping up with unprecedented phenomena such as appreciating rupee against dollar, flooding of foreign capital in a few select sectors, lack of capacity building in infrastructure sector and above all, unforeseen political turmoil emerging from a pre-poll milieu.
Also Read
New fund offers in 2008
Indian to remain hot spot for investment in '08
Cut throat competition in electronics market in '08
Fashion market to open new avenues for the younger generation
Know the options available for investors in MFs
Stage set for volatile year ahead
Markets likely to scale new peaks in 2008: Analysts
ADB’s managing director, General Rajat M Nag feels that no one doubts India’s growth story by now. What’s needed is a massive outlay in infrastructure. “The needs are huge, and the fiscal space is limited. As a sizeable amount of public resources has to be spent on education, health and other social sectors, public-private partnership (PPP) is crucial for infrastructure sector,” he says. For Mr Nag, the shortage of power and lack of power reforms in the country could play a spoilsport for India story in 2008 and beyond.
According to ADB’s estimates, India requires $700 to $800 billion of investment in infrastructure in the next five years, which is substantially higher than the estimates made by the Planning Commission. Prof Raj Raina of Gordon Institute of Business Science, University of Pretoria, in South Africa, says that India will keep its growth story in tact for 2008 and beyond. “That India is now determined to build its infrastructure is itself a positive sign.
No country in the world will spend so much money in infrastructure for the next five years as India is planning today. I am sure that India will maintain 9% plus GDP growth rate in the years to come,” he says. Yes, the spending on infrastructure itself could be a big driver of growth for 2008 and beyond. According to Planning Commission estimates, $145 billion or 30% of the total investment in infrastructure will come from the private sector. The growth of PPP framework in India will enable many infrastructure companies to increase its size and scale in the coming years.
Other INDIA stories:
India's market cap crosses Rs 70 trillion mark
Real estate holds a lot of opportunity in 2008
What will be interest rate outlook in 2008?
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
In the age of globalisation, saying no to foreign money is almost unheard of. But in a rare instance, the Indian government led by finance minister Palaniappan Chidambaram has been campaigning hard to curb foreign inflows into the Indian market. After all, foreign money has been relentlessly chasing the Indian growth story. Out of the $68 billion that foreign institutional investors (FIIs) have been pumping into India, as high as $16 billion have entered into the Indian market this year alone. Even in foreign direct investments (FDIs), about $30 billion is expected to land up in India, up from last year’s $19 billion, including reinvested earnings. The forex reserves have been surging, and it has crossed $270 billion.
By now, the India story is fairly well known to the rest of the world. A trillion-dollar economy with a GDP growth rate of 9% or so, India has been the hot favourite among emerging markets, thanks to its strong fundamentals, transparent policy framework and vibrant corporate sector. Yet, the highs of 2007 could result in major challenges in the year 2008. The big question here is whether India will be able to grow at the same pace while coping up with unprecedented phenomena such as appreciating rupee against dollar, flooding of foreign capital in a few select sectors, lack of capacity building in infrastructure sector and above all, unforeseen political turmoil emerging from a pre-poll milieu.
Also Read
New fund offers in 2008
Indian to remain hot spot for investment in '08
Cut throat competition in electronics market in '08
Fashion market to open new avenues for the younger generation
Know the options available for investors in MFs
Stage set for volatile year ahead
Markets likely to scale new peaks in 2008: Analysts
ADB’s managing director, General Rajat M Nag feels that no one doubts India’s growth story by now. What’s needed is a massive outlay in infrastructure. “The needs are huge, and the fiscal space is limited. As a sizeable amount of public resources has to be spent on education, health and other social sectors, public-private partnership (PPP) is crucial for infrastructure sector,” he says. For Mr Nag, the shortage of power and lack of power reforms in the country could play a spoilsport for India story in 2008 and beyond.
According to ADB’s estimates, India requires $700 to $800 billion of investment in infrastructure in the next five years, which is substantially higher than the estimates made by the Planning Commission. Prof Raj Raina of Gordon Institute of Business Science, University of Pretoria, in South Africa, says that India will keep its growth story in tact for 2008 and beyond. “That India is now determined to build its infrastructure is itself a positive sign.
No country in the world will spend so much money in infrastructure for the next five years as India is planning today. I am sure that India will maintain 9% plus GDP growth rate in the years to come,” he says. Yes, the spending on infrastructure itself could be a big driver of growth for 2008 and beyond. According to Planning Commission estimates, $145 billion or 30% of the total investment in infrastructure will come from the private sector. The growth of PPP framework in India will enable many infrastructure companies to increase its size and scale in the coming years.
Other INDIA stories:
India's market cap crosses Rs 70 trillion mark
Real estate holds a lot of opportunity in 2008
What will be interest rate outlook in 2008?
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Brand Reliance rules over Indian bourses: ET
Brand Reliance rules over Indian bourses
Just about 30 years on bourses, and yet the Reliance brand is ruling over the 125-year-old Indian stock market, while the year 2007 saw this dominance further growing with its size nearly tripling against less than doubling of the overall market. The two Reliance groups, run separately by the two Ambani brothers, added Rs 5 trillion to their market value of Rs 3.4 trillion at the end of 2006. This is a lion's share in the overall rise of Rs 34 trillion in the total market cap, considering the thousands of listed companies in India.
Interestingly, the surge came despite the financial crisis in global markets, a sharp volatility and the market regulator SEBI adopting extra vigilance on foreign inflows, a key force behind Indian markets' buoyancy in the recent past. Earning the distinction of being one of the fastest growing markets that held the overseas investors in a trance, the bourses also recorded many a milestone such as peaking at over 20,000 points, crossing seven thousand-point marks and the fastest 1,000 point rally, in just four days.
The markets also proved wrong all the experts by demonstrating unprecedented rallies that made lakhs of crores for investors or dried them out in the course of just a few trading seasons. At the same time, market leader Ambanis continued to demonstrate that they were a cut above the rest. The belief seemed something like this, Let the hell break loose or heavens fall, the two brothers could do no wrong for investors and they rightly showed so. The 170 per cent surge in the Reliance market value to Rs 8.4 trillion was much higher than a 92 per cent rise in the total market cap from nearly Rs 36 trillion to over Rs 70 trillion.
Today, the two Ambani groups account for more than 11 per cent of the total market value, against just an iota when Reliance entered the bourses early in 1978. The surge has been of 80,000 times in the Ambanis' market value since then, when it stood at just Rs 10 crore, which is 8 times faster than a jump of about 10,000 times in overall market size, which was about Rs 7,000 crore 30 years ago. All this has been happening when the relations between the two brothers were deteriorating and their names were mentioned in news together only if there was a bout brewing between them.
So much so, the Anil Ambani group shot up a complaint to SEBI charging top officials of Mukesh-led Reliance Industries of sabotaging its group company Reliance Power's upcoming IPO, touted as the biggest ever to hit the market, The bitter battle was even called a blessing in disguise for investors, with market watchers saying that one up-manship between the two was egging them on to grow faster and faster. During 2007, Mukesh-led Reliance Industries (RIL) further extended its market position while becoming the first Indian company to attain a 100-billion dollar market capitalisation. RIL was given a good company in the upsurge not only by the companies belonging to his other group companies such as Reliance Petroleum and those from Anil's camp, but also from traditional conglomerates like Tatas and companies run by new-age entrepreneurs like K P Singh and Sunil Mittal.
As the year drew to an end, conglomerate Tatas held on to their position as the second most valued group, followed by the Anil Ambani group. However, there was not a real challenge to market leader RIL whose appreciation in the year at over Rs 3,00,000 crore was equivalent to the total size of the Anil Ambani group or the Tata group, the two nearest rivals.
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Just about 30 years on bourses, and yet the Reliance brand is ruling over the 125-year-old Indian stock market, while the year 2007 saw this dominance further growing with its size nearly tripling against less than doubling of the overall market. The two Reliance groups, run separately by the two Ambani brothers, added Rs 5 trillion to their market value of Rs 3.4 trillion at the end of 2006. This is a lion's share in the overall rise of Rs 34 trillion in the total market cap, considering the thousands of listed companies in India.
Interestingly, the surge came despite the financial crisis in global markets, a sharp volatility and the market regulator SEBI adopting extra vigilance on foreign inflows, a key force behind Indian markets' buoyancy in the recent past. Earning the distinction of being one of the fastest growing markets that held the overseas investors in a trance, the bourses also recorded many a milestone such as peaking at over 20,000 points, crossing seven thousand-point marks and the fastest 1,000 point rally, in just four days.
The markets also proved wrong all the experts by demonstrating unprecedented rallies that made lakhs of crores for investors or dried them out in the course of just a few trading seasons. At the same time, market leader Ambanis continued to demonstrate that they were a cut above the rest. The belief seemed something like this, Let the hell break loose or heavens fall, the two brothers could do no wrong for investors and they rightly showed so. The 170 per cent surge in the Reliance market value to Rs 8.4 trillion was much higher than a 92 per cent rise in the total market cap from nearly Rs 36 trillion to over Rs 70 trillion.
Today, the two Ambani groups account for more than 11 per cent of the total market value, against just an iota when Reliance entered the bourses early in 1978. The surge has been of 80,000 times in the Ambanis' market value since then, when it stood at just Rs 10 crore, which is 8 times faster than a jump of about 10,000 times in overall market size, which was about Rs 7,000 crore 30 years ago. All this has been happening when the relations between the two brothers were deteriorating and their names were mentioned in news together only if there was a bout brewing between them.
So much so, the Anil Ambani group shot up a complaint to SEBI charging top officials of Mukesh-led Reliance Industries of sabotaging its group company Reliance Power's upcoming IPO, touted as the biggest ever to hit the market, The bitter battle was even called a blessing in disguise for investors, with market watchers saying that one up-manship between the two was egging them on to grow faster and faster. During 2007, Mukesh-led Reliance Industries (RIL) further extended its market position while becoming the first Indian company to attain a 100-billion dollar market capitalisation. RIL was given a good company in the upsurge not only by the companies belonging to his other group companies such as Reliance Petroleum and those from Anil's camp, but also from traditional conglomerates like Tatas and companies run by new-age entrepreneurs like K P Singh and Sunil Mittal.
As the year drew to an end, conglomerate Tatas held on to their position as the second most valued group, followed by the Anil Ambani group. However, there was not a real challenge to market leader RIL whose appreciation in the year at over Rs 3,00,000 crore was equivalent to the total size of the Anil Ambani group or the Tata group, the two nearest rivals.
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Sify Stories
www.sify.com/finance
2007 fades out on buoyant note for entertainment
Indiabulls ties up with French insurance company
E-commerce transactions to reach $100 b in 2008
Starbucks products enter India through tie-up with PVR
India, China should lead world aviation sector
PepsiCo to set up seaweed processing plant in Tamil Nadu
Financial sector reforms key to higher GDP: FM
Weekly Wrap: Sensex spurts 1,044 points on all round buying
India to be the first bourse to greet New Year
Brigade signs contract with IHG
Career Launcher setting up new B-school
S Kumars demerges retail biz
Source: www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
2007 fades out on buoyant note for entertainment
Indiabulls ties up with French insurance company
E-commerce transactions to reach $100 b in 2008
Starbucks products enter India through tie-up with PVR
India, China should lead world aviation sector
PepsiCo to set up seaweed processing plant in Tamil Nadu
Financial sector reforms key to higher GDP: FM
Weekly Wrap: Sensex spurts 1,044 points on all round buying
India to be the first bourse to greet New Year
Brigade signs contract with IHG
Career Launcher setting up new B-school
S Kumars demerges retail biz
Source: www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
BusinessLine Stories/Articles
http://businessline.in/
Index funds struggle to beat benchmarks
Chidambaram backs IFCI’s rejection of conditional bid
Indian IT stocks underperform on US bourses
There’s no one to blame if your ATM hands you a fake note!
Steel capacity to touch 60 mt by this fiscal end
Index Outlook
Ranbaxy Labs: BuyMore
Rounding off 2007 with rich valuationsMore
Figuring out fund performanceMore
‘Banks need to think of larger scale for growth’
HCL Infosystems: Buy
Amtek Auto: Buy
Gujarat Apollo Industries: Hold
Joint venture
Gail India has joined hands with OIL India for joint cooperation in various business areas. As part of the agreement, the two companies will jointly participate in the potential blocks, mainly onshore and offshore blocks in the forthcoming ... More
Towering above
International investors such as Temasek, The Investment Corporation of Dubai, Goldman Sachs etc. will invest around Rs 4,000 crore in Bharti Airtel’s subsidiary, Bharti Infratel. ... More
Rounding off 2007 with rich valuations
After build-up could come the softening
Will 2008 be a better act?
Tata Pure Equity: Invest
JM Small & Mid-cap Fund: Hold
DSPML Opportunities : Well diversified
Query Corner
Figuring out fund performance
Trader's Corner
Placebo effect Placebo effect
The other day, we met an investor who trades for a living. He has been consistently outperforming the market since 2003 until last month. Since then, his losses have increased sizably. It has nothing to do with his trading strategies. His ... More
Portfolio promises for the New Year
Prominent bulk deals on NSE and BSE
Baskets of X
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Nifty future regains bullish momentum
Source: www.businessline.in. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Index funds struggle to beat benchmarks
Chidambaram backs IFCI’s rejection of conditional bid
Indian IT stocks underperform on US bourses
There’s no one to blame if your ATM hands you a fake note!
Steel capacity to touch 60 mt by this fiscal end
Index Outlook
Ranbaxy Labs: BuyMore
Rounding off 2007 with rich valuationsMore
Figuring out fund performanceMore
‘Banks need to think of larger scale for growth’
HCL Infosystems: Buy
Amtek Auto: Buy
Gujarat Apollo Industries: Hold
Joint venture
Gail India has joined hands with OIL India for joint cooperation in various business areas. As part of the agreement, the two companies will jointly participate in the potential blocks, mainly onshore and offshore blocks in the forthcoming ... More
Towering above
International investors such as Temasek, The Investment Corporation of Dubai, Goldman Sachs etc. will invest around Rs 4,000 crore in Bharti Airtel’s subsidiary, Bharti Infratel. ... More
Rounding off 2007 with rich valuations
After build-up could come the softening
Will 2008 be a better act?
Tata Pure Equity: Invest
JM Small & Mid-cap Fund: Hold
DSPML Opportunities : Well diversified
Query Corner
Figuring out fund performance
Trader's Corner
Placebo effect Placebo effect
The other day, we met an investor who trades for a living. He has been consistently outperforming the market since 2003 until last month. Since then, his losses have increased sizably. It has nothing to do with his trading strategies. His ... More
Portfolio promises for the New Year
Prominent bulk deals on NSE and BSE
Baskets of X
Bull's Eye
Nifty future regains bullish momentum
Source: www.businessline.in. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
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