'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.Rediff.com There is simply no way to get away from the fact that the clouds over the economy continue to darken -- not just because of events already unfolding but equally because of the quality of the government response. Moody's decision to put out a warning on its India rating may be nothing more than recognising the changes in economic prospects that have already occurred, since rating agencies typically react slowly and tend to be behind the curve. What should worry forecasters (and everyone else) is the risk that the minor upswing in economic growth that most of them expect in the quarters following July-September, even if only helped by progressive changes in the base period comparator, may in fact not come about because of a downswing that feeds on itself for a variety of reasons.There is a fiscal crisis building up, which might become apparent … [Read more...] about Can India get to $5 trillion?
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MUMBAI: Large private equity buyout funds along with a few global hospitals and daycare chains are in separate early stage discussions to buy a majority stake in Vasan Healthcare Pvt Ltd, India’s largest network of eye care hospitals, as its three existing financial investors revive plans for an exit.The transaction may also see Vasan’s founder promoter selling out or paring his stake significantly, leading to a potential change of management control, said multiple people with knowledge of the matter.A Mumbai-based domestic investment bank has already been roped in to facilitate the transaction, which could see valuations cross over $1 billion on the back of a huge demand-supply gap in a country where 80% of blindness is avoidable, as per World Health Organization data. In 2012, a WHO report stated that India has an estimated 12 million blind people and additional 456 million people who require vision correction.In the recent past, the company had explored several … [Read more...] about Global hospital chains, buyout PE funds eye majority stake in Vasan Healthcare
We are buying one of the two-wheeler companies in some of our client’s portfolios says Saurabh Mukherjea, Founder & Chief Investment Officer, Marcellus Investment. Mukherjea also says getting high teens to low 20s returns consistently by buying great compounders is very doable in India. Excerpts from an interview with ETNOW. There is every reason why one should not buy telecom stocks. In the next 10 minutes, we can find 15 reasons why one should not buy telecom stocks yet Bharti is at a 52-week high. What is going on?I guess there are probably enough people out there who are hoping that that the industry consolidates around two players and Bharti benefits from that from being one of those two players. I do not see any other logical way to understand this other than the fact that a number of investors out there are making a punt that they are in a two-player industry. Bharti will get its fair share of spoils. I cannot give you anything more substantive than that, I am … [Read more...] about Auto, auto ancillaries would be my favourite play on economic recovery: Saurabh Mukherjea
The Star Wars series is the most high-profile of its original offerings and it’s likely a big reason why more than 10 million people signed up to the service in its first few days after the US launch. Did those people waste their money? And do you need to be a Star Wars fan to get a kick out of it? Those are the key questions. RELATED: Full list of movies and TV shows on Disney+ The Mandalorian, of which the first two episodes of its eight-episode first season are now available, is a solid sci-fi adventure TV show with a western vibe. It’s also unmistakably a Star Wars series, not that you need to be obsessed with the franchise to make heads or tails of it. Having said that, there are obviously many Star Wars fans out there – The Force Awakens remains the second highest ever grossing movie in Australia, only behind Avatar. Even Avengers: Endgame couldn’t knock it down a rung. You don’t get to see his face, but Pedro Pascal plays the Mandalorian Picture: … [Read more...] about The Mandalorian is a throwback to classic Star Wars
For Quick Alerts Subscribe Now As Shiv Sena is kept dangling, Cong-NCP to meet again View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 15 min ago 150 Indians deported from US at Delhi airport for VISA norms violation 20 min ago Conman, TikTok artiste caught posing as Lufthansa pilot at airport 33 min ago Here is why this Congress MLA blew flying kisses to the Odisha speaker Must Watch Don't Miss Technology Huawei Y6s Renders Leaked: Budget-friendly Price Expected Finance Onion Export Ban May Be Extended To February To Control Domestic Prices Lifestyle External Haemorrhoids: Causes, Symptoms, Diagnosis And Treatment Automobiles Royal Enfield’s 500cc Range To Be Discontinued Next Year: Will Not Upgrade To BS-VI Engines Movies Ajay Devgn Says Working With Kajol In 'Tanhaji' Felt Like Home On Set! Sports IPL 2020: Players Kolkata Knight Riders may buy, auction strategy, purse available Education Why … [Read more...] about Israel military carries “wide-scale” strike in Syria post rocket attack