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Latin American Investments in India: Successes and Failures

Introduction In 2020, foreign direct investment (FDI) inflows to India reached US$57 billion, a 13-percent rise from 2019. [1]  The allure of India’s massive consumer market and expanding middle class, which is estimated to reach 583 million people by 2025, [2] remains a key pull for investors. As corporate revenues and profits fell owing to the fallout of the COVID-19 pandemic, company valuations declined, providing a boon for those on the lookout for mergers and acquisitions (M&A). Foreign investors betting on India’s future set their sights on the country’s consumer brands, e-commerce and infrastructure companies, primarily through M&As. This was a quicker and arguably safer way to enter the market. As a result, cross-border M&As increased by 83 percent in India in 2020, rising to US$27 billion. The most notable was Facebook’s 10-percent acquisition in Jio Platforms, for a hefty US$5.7 billion.

Creative pride: experts pick their winning ads

Lyndon Louis, Executive Creative Director, Brandcare Mumbai Some of the work done in 2020-21 was, in many ways, reflective of the period itself: edgy and unusual. This was work that respected the environment it inhabited. As a member of this year’s Health & Wellness Jury at One Show (oneshow.org), I had the privilege of meeting quite a few of such unexpected gems. Take, for instance, the ‘Unfinished Votes’ project executed by gun safety organisation, Change the Ref. It saw the threads of technology, creativity and humanity coming together to create the fabric of a safer society - at an individual as well as collective level.

M-cap of 6 of 10 top 10 companies zoom over Rs 1 11 lakh cr; Infosys, TCS top gainers

M-cap of 6 of 10 top 10 companies zoom over Rs 1.11 lakh cr; Infosys, TCS top gainers The market capitalisation of TCS soared Rs 30,961.06 crore to Rs 12,50,538.30 crore, the most among the top 10 companies, while Infosys added Rs 29,807.59 crore to its m-cap which stood at Rs 6,70,915.93 crore last week Infosys and Tata Consultancy Services (TCS) emerged as lead gainers among top 10 most valued companies BusinessToday.In Updated Jun 27, 2021, 2:51 PM IST Six of the top 10 most valued firms added Rs 1,11,220.5 crore to their overall market valuation last week. Infosys and Tata Consultancy Services (TCS) emerged as lead gainers.  State Bank of India (SBI), HDFC Bank, ICICI Bank, Infosys, and TCS saw gains in their market capitalisation (m-cap), whereas, Kotak Mahindra Bank, Reliance Industries Ltd. (RIL), Bajaj Finance, and Hindustan Unilever Ltd. (HUL) witnessed a fall in their m-cap.

Daily Market Commentary - June 25, 2021 - Bonanza Portfolio

Daily Market Commentary - June 25, 2021 - Bonanza Portfolio
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