Goldman Sachs Group Inc. sees India’s inclusion to JPMorgan Chase & Co.’s key emerging market index spurring inflows upwards of $40 billion to the country’s bonds markets over the next 18 months. This includes passive flows of around $30 billion, and at least another $10 billion of active flows given...
Goldman Sachs to Invest in Indian Appliance OEM
Global investment firm Goldman Sachs Group Inc., will invest b$64 million in Amber Enterprises Pvt. Ltd, one of India’s largest original equipment manufacturers of consumer durables, reports Live Mint. Goldman plans to buy a 34% stake from existing investor Fairwinds PE, and 14-15% from promoters. The equity valuation of Amber...