Investment Banker Goldman Sachs has opened a significantly larger office in Mumbai, India, reinforcing its long-term commitment to the country’s economic potential. The new space spans the entire tenth floor and half of the ninth, making it roughly 50% larger than the firm’s previous Mumbai location. Office Highlights: Built to...
India Trumps China on M&A Inflows
Global consumer brands have long courted Chinese consumers; now it is India’s shoppers they are wooing. 2018 has been a good year for India: More foreign money is now pouring into it than into China. Overseas companies have spent $38 billion acquiring Indian assets so far this year, compared with...
India in Goldilocks Situation for Foreign Investors
The Wall Street Journal reports that $7 billion of foreign money has flowed into the Indian stock market this year, up from $4 billion over the same period in 2015, according to regulatory data. India has lately diverged from the BRICs because: Domestic consumption has increased Inflation has decreased Trade...