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Mark Mobius: Adani had ‘big problems’ that set me off, but India nonetheless appears to be attractive
Investor Mark Mobius was place off Adani’s huge prepared share sale because of worries about the group’s credit card debt pile and exposure to political threat, he advised CNBC Tuesday. But he does not imagine the fraud accusations that have rocked a single of India’s most important conglomerates will have a knock-on influence on the […]
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India is the ‘best bet’ in the world economic system, states conglomerate exec
The India chairman of conglomerate Hinduja Group said he’s bullish on India, which he called “the extremely terrific emerging, quickly going marketplace.” Speaking to CNBC on Thursday, Ashok Hinduja defined: “We see a recession coming in U.S., economic downturn coming in U.K., in Europe, problems in China, [a] dilemma in Southeast Asia below the worry […]
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Why one stock brokerage is bullish on Reliance Industries and Infosys
India’s stocks didn’t have a good start in the first half of the year, but stock brokerage Kotak Securities remains bullish on two stocks. Reliance Industries, an energy and telecommunications conglomerate, has been making a lot of small acquisitions and is “very aggressive” in converting companies into digital businesses, said Shrikant Chouhan, executive vice president […]
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Mark Mobius shares tips on how investors can jump on India’s ‘incredible growth opportunity’
India is now “emerging as something very exciting,” thanks in part to technology and government policies, according to Mark Mobius. “Right now, we’re focusing more and more on India,” Mobius, founding partner at Mobius Capital Partners, told CNBC’s “Squawk Box Asia” on Tuesday. The veteran investor made his name at Franklin Templeton and is seen […]
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Bernstein picks India stocks to buy, says one could potentially rise nearly 40%
Analysts at Bernstein have selected stocks that are set to outperform against the “challenging” market backdrop. Source
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