LG Electronics India Limited (LGEINDIA) made a debut on the Indian stock exchanges, with its initial public offering. Here’s a bullet-point summary: LGEINDIA debuted on Indian stock exchanges NSE & BSE on October 14. Market capitalization hit $13B on listing day, surpassing its South Korean parent LG Electronics (valued at...
Singapore, Canada Sovereign & Pension Funds Favor India
Attracted by political stability, a growing middle class, and a reforms push making it more appealing for foreigners to invest, sovereign wealth funds are buying stakes in India businesses from airports to renewable energy. Wealth and state pension funds are investing in private markets, to complement an existing focus on...
Global PE Firms Invest in India's Residential Realty
The residential real estate sector in India is witnessing a spurt in global investments due to regulatory changes and a more dovish monetary policy outlook. Additionally, government announced a cut in the goods and services tax charged on sales of residential properties under construction to stimulate the economy by driving up...
Foreign Investment into India at All-Time High
According to India's Department of Industrial Policy and Promotion, cumulative foreign direct investment (FDI) into India reached $498.9 billion in the 17 years from April 2000 to June 2017. During the last two financial years, FDI flows into India totaled $114.4 billion says a new KPMG report; this is an incredible forty...